Southeast Asia should fund sustainable ag over ‘silver bullets’ to meet climate targets
“Countries are betting heavily on emerging solutions – which is another way of saying silver bullets.”
“Countries are betting heavily on emerging solutions – which is another way of saying silver bullets.”
2021 was “a year of momentum for ag biotech and alternative proteins” in the region.
The San Francisco-based startup said it will use the funding to bring its new vegetable weeding implement to market.
It will use the capital injection to expand its geographic footprint, build out its supply chain capabilities, and introduce insurance products.
With herbicide resistance on the rise, Moa Technology wants to “replenish the toolbox” available to farmers, says CEO Virginia Corless.
It also saw upstream agrifoodtech deal numbers surpass downstream deals for the first time, says Omnivore managing partner Mark Kahn.
Regrow will use the funds to boost its presence in “key food-producing regions across the globe,” says founder Anastasia Volkova.
Bjorn Shen has crafted a mezze platter that’s being served in school and workplace canteens across Singapore.
War, pandemic, and climate extremes are causing “apocalyptic” food price rises that could “tip tens of millions of people… over the edge.”
In 2021, eGrocery dominated dealmaking yet again; but upstream startups vastly increased their share of funding.
“We have additional insecticide candidates at earlier stages in our pipeline, as well as our first fungicidal candidates,” CEO Anna Rath tells AFN.
The New Zealand startup just closed its pre-seed round.
Mashgin builds contactless self-checkout machines; while Absolute is vertically integrating the ag value chain. Elsewhere, Brightseed banked $68 million.
But early signs suggest a slowdown in 2022.
Most of the top deals involved eGrocers and Restaurant Marketplaces, highlighting the continent’s thirst for ‘quick commerce.’
It recently announced the close of a $17.7 million funding round.
The Singapore-based startup has acquired stakes in ag produce supply chain businesses in Indonesia, Malaysia, and Vietnam in recent weeks.
The San Francisco-based startup will use the funds to bring its first ingredient, which is aimed at improving gut health, to market.
IFG and other fruit breeders are racing against time to create new, climate-resilient varieties, the company’s CEO tells AFN.
The Swiss startup will use the proceeds to “deploy pilot units with our prospective clients” in the commercial greenhouse space, CEO Henri Lalande tells AFN.