AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇸🇪 Swedish BioTech company Melt&Marble secures €7 millon to scale designer fats in beauty and food EU Startups
🇦🇺 All G raises $6.6m, forms JV with Armor Protéines to scale human and bovine lactoferrin AgFunderNews
🇧🇷 Brazil govt pumps $6M in biotech startup to close gap between breast milk & baby formula Green Queen
🇫🇷 France’s ReSoil clinches €4M for farmer transition to regenerative ag Global Ag Investing
M&A, IPOs, & partnerships
🇺🇸 Mars-Kellanova manager “approved unconditionally” Food Navigator
🇺🇸 Cultivo strengthens U.S. grassland restoration investment with Kateri acquisition AgFunderNews
🇺🇸 🇦🇪 Square Roots and Silal announce agreement to accelerate agricultural innovation across the UAE LinkedIn
Funds, grants & accelerators
🇩🇪 Early stage VC firm FoodLabs raises third fund of €105m Sifted
People moves
🇺🇸 Coca-Cola CEO James Quincey to leave top post after 9 years Food Dive
🇺🇸 Max Elder promoted to CEO at Food System Innovation LinkedIn
🇺🇸 Tidal Grow AgriScience names new VP of innovation & business development Crop Life
Other news
🇬🇧 UK Government publishes first safety guidance for cultivated meat approvals Green Queen
🇧🇪 EU delay and review agreed by EU Food Navigator
🇺🇸 A microbial cleanup for glyphosate just earned a patent. Here’s why that matters AgFunderNews
🇬🇧 GB glyphosate licence renewal set to enter critical phase Farmer’s Weekly
🇮🇱 Cultivated meat co Believer Meats sued by design build firm for $34m in unpaid bills AgFunderNews
🇮🇱 Believer Meats ceases operations, but ‘setback’ does not mean cultivated meat sector is doomed, insists AMPS AgFunderNews
🇺🇸 Fork & Good, Extracellular and Nutreco form strategic partnership to accelerate cultivated meat scale-up Protein Production Technology
🇺🇸 🇨🇭 Enko and Syngenta advance new, novel mode-of-action fungicide Business Wire
🇺🇸 Ag spray drone leader DJI faces uncertain future in US; sector braces for realignment AgFunderNews
