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Team baCta. Image credit: baCta

The Week in AgriFoodTech: Alt meatball alert as La Vie cooks up $27m, baCta lands funds for natural rubber

October 10, 2024

France gave us some hope for meat alternatives this week when Paris-based La Vie announced a €25 million ($27 million) raise for its vegan meatballs.

In climate tech, Germany’s forward earth raised money for its environmental management software and baCta, another Parisian startup, banked funds to expand production of its biosynthetic natural rubber made via microbial fermentation.

Paket Mutfak founders Eytan Nahmiyas and Tali Salhon

Foodtech funding

🇨🇭 🇸🇬 Swiss-founded BE WTR raises $45.45M Series C funding for expansion plans in Singapore and Asia TechNode Global

🇫🇷 French Vegan Meat Maker Doubles Funding Pot with €25M Investment, Rolls Out Meatballs Green Queen

🇺🇸 Jackfruit-powered alt meat co The Jackfruit Company raises $5m series B extension AgFunderNews

🇹🇷 Turkish startup Paket Mutfak raises $2.7M for cloud kitchen software expansion Tech.eu

🇬🇧 London-based Univa Health raises €1.2 million for digital platform to address eating disorder care EU Startups

🇳🇱 Royal Cosun invests in fermentation scale-up planetary Cosun

🇫🇮 Munchfam secures €600K to reduce the restaurant failure rate Tech.eu

Team baCta. Image credit: baCta

Agtech funding

🇺🇸 xFarm bags $39m to increase regenerative farming practices across Europe, Asia and Latam AgFunderNews

🇬🇧 Sustainable pulse crops receive £3m funding boost Food Manufacture

🇬🇧 UK team bags £2.2m to advance gene-edited crop research FeedNavigator

🇮🇩 Indonesian poultry startup Chickin closes Granite Asia-led Series A Deal Street Asia

🇺🇸 Sparkalis Invests in plant cell culture startup California Cultured to futureproof cocoa supply chain AgFunderNews

Climate tech funding

🇩🇪 Berlin-based forward earth secures €4.5 million to meet global demand for environmental management software EU Startups

🇫🇷 Paris-based baCta secures €3.3 million to revolutionize natural rubber production EU Startups

Sébastien Boyer (left) with Tjarko Leifer. Image credit: FarmWise

M&A, IPOs & partnerships

🇺🇸 Meat-alternative brand Nuggs sells to Ahimsa as part of roll-up Axios [Disclosure: AgFunderNews parent company AgFunder is an investor in Nuggs parent Simulate.]

🇺🇸 FarmWise, RDO Equipment form exclusive partnership to revolutionize precision weeding in specialty crops CropLife

Funds, grants & accelerators

🇬🇧 UK creates cultivated meat regulatory sandbox, invests £1.6m The Cell Base

People moves

🇺🇸 BeeHero welcomes former Codefresh CFO The Packer

The Solix Sprayer robot. Image credit: Solinftec

Other news

🇫🇷 EU court rejects French ban on meaty terms for plant-based meat alternatives Courthouse News

🇬🇧 Lab-grown foie gras may be heading to UK dinner tables The Times

🌍 Smallholder farmers from Africa call for improved access to technology to enable regenerative agriculture and foster resilience Farmers Review Africa

🇧🇷 Rumin8 achieves first regulatory approval in Brazil Beef Magazine

🇧🇷 Solinftec announces successful first commercial season of Solix Sprayer Robot Solinftec [Disclosure: AgFunderNews parent company AgFunder is an investor in Solinftec.]

🇬🇧 UMAMI Bioworks to bring cultivated white fish to the UK amid new regulatory landscape Cultivated X

🇦🇿 New project launched in the run-up to COP29 to assess environmental sustainability of public catering facilities in Baku COP29

🇫🇷 McDonald’s France launches McPlant Nuggets in collaboration with Beyond Meat Vegconomist

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