Since the start of the year six agtech SPAC deals have been announced – most involving indoor farming or biotech, and all valued at over $1 billion.
The Hollywood actor, who’s also joining the startups in an advisory capacity, said they’re solving “some of the most pressing issues [in] industrial beef production.”
GOOD Meat, the cell-cultured meat business of US alt-protein startup Eat Just, has secured $97 million in funding as a continuation of the $170 million
Picnic dispatches groceries from strategically located, automated hubs to its customers’ doorsteps using electric minivans.
M&A activity was concentrated in the US, which hosted over half of all deals – with Europe and Asia Pacific accounting for 19% and 11% respectively.
Growthwell said it’s working on “a new collection of seafood and chicken alternatives aimed at the growing number of flexitarians” across Asia.
“At Careem, we were barely scratching the surface. From tax filing [to] transportation, we realized no-one had tried to solve the problems of the retail industry.”
Meat for human and animal consumption is responsible for 57% of food production’s emissions – with beef alone making up 25%.
Andes has developed a seed treatment that enhances crops’ nitrogen-fixing capabilities, reducing reliance on synthetic fertilizers. It’s eyeing carbon next.
The Berlin-based startup has set itself the target of replacing 10% of Europe’s dairy products with animal-free versions produced using precision fermentation by 2030.
The Dutch government may consider farm expropriation, among other measures, in an effort to reduce nitrogen emissions.
The Dutch company claims that a quarter-teaspoon of Bovaer administered per cow, per day can reduce enteric methane emissions by up to 90%.
The Jakarta-based company says it wants to become “the leader in creating delivery-first food and beverage brands in Southeast Asia.”
Don’t forget to register for the GROW Impact Accelerator’s virtual Demo Day taking place next week.
In other news, Carbon Robotics, Plantible, and Olio raised big rounds.
The Jakarta-based startup is relying on micro-fulfillment, refrigeration, and last-mile, ‘in-time’ delivery – as well as its 1,000-plus farmer partners – to do it.
It’s “an instrumental step in upscaling the European insect sector,” according to industry group IPIFF.
The Pune-based startup aims to grow its presence in North America and Europe, including the establishment of an R&D facility in the Netherlands.
The US tech giant claims the scheme will restore 20,000 hectares of forest within three years and remove 10 million tons of carbon from the atmosphere by 2050.
The US tech giant also said it’s building “robust temperature-controlled supply chain infrastructure” to preserve food quality and reduce waste.
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