Chinese tech giant Tencent leads funding for Future Crops’ soil-based vertical farms
Future Crops stands to benefit from Tencent’s deep domain expertise in AI and automation – as well as its massive footprint in the Asian tech ecosystem.
Future Crops stands to benefit from Tencent’s deep domain expertise in AI and automation – as well as its massive footprint in the Asian tech ecosystem.
The startup recently raised $10 million in a seed round led by Acre Venture Partners.
Xi said that China “should shift our focus from farmland only” and use biotechnology to “obtain calories and protein from plants, animals, and microorganisms.”
Impossible says its patent on a beef substitute containing synthesized heme – which gives the effect of blood – is being infringed by Motif.
Hemp hulls are normally discarded. But Brightseed says they contain compounds that could help treat metabolic diseases.
The Jakarta-based startup links sellers of fertilizers, seeds, and other inputs with local ag stores that serve smallholder farmers across Indonesia.
Latin America and the Middle East also saw their respective shares of global alt-protein funding increase year-on-year.
VanEck launched its Future of Food ETF at the end of last year. AFN checks in with portfolio manager Shawn Reynolds to find out more.
With so much of the world’s food and fertilizer — and tech prowess too — coming from Ukraine and Russia, we’re facing yet another global food crisis.
Bowery announced its acquisition of robotics startup Traptic last week. Here, AFN analyzes the deal and what it means for the wider indoor ag space.
The firm has made the first close of its $15 million maiden fund, which it claims is the first to exclusively back Asia Pacific alt-protein startups.
It’s developing a range of services for the agrifood industries based around handheld spectrometers and AI.
Subsidies are “driving the destruction of ecosystems and species extinction,” according to a new report from The B Team and Business For Nature.
Startups developing biological crop inputs secured a total of $892 million in funding last year.
Local language services for farmers, enhanced capital access, and regenerative ag are just some of the options.
Next Gen Foods has secured plant-based protein’s biggest Series A funding to date from investors including Temasek, GGV Capital, and Paul McCartney’s MPL Ventures.
Credits generated under older, less-rigorous schemes have questionable impact – and could damage confidence in nascent carbon markets.
Cultivated meat and other “future foods” startups raised a total of $127 million in China during 2020.
The agency will fund pilot projects to produce commodities “using farming, ranching or forestry practices that reduce emissions or sequester carbon.”
The Paris-based startup will supply insect protein to ADM’s pet foods division, to create “high-quality nutritional” products with “a significantly lower carbon footprint and land requirement.”