Data Snapshot: Bowery’s $300m round tops H1 2021 Novel Farming Systems deals
Novel Farming Systems ventures raised a total of $911 million in funding during the first six months of the year, according to AgFunder data.
Novel Farming Systems ventures raised a total of $911 million in funding during the first six months of the year, according to AgFunder data.
The Annapolis, Maryland-based startup uses anaerobic digestion to convert organic waste, such as discarded food or ag byproducts, into fuel and fertilizer.
Wolt CEO Miki Kuusi will become head of DoorDash International, leading its global expansion efforts and reporting directly to the US company’s CEO Tony Xu.
Pre- and post-production supply chain processes are already the main contributor to agrifood-related GHG emissions in advanced economies, a new study says.
US Farmers & Ranchers in Action, the Foundation for Food & Agriculture Research, and the World Farmers’ Organization are also participants.
Nuro and Google will additionally “explore opportunities together to strengthen and transform local commerce,” the Californian startup said.
Green Rebel Cheeze is made is from “locally and sustainably sourced” cashew, potato, and rice, according to the Jakarta-based startup.
TurtleTree said it will use the capital to move closer towards the commercial launch of its first cell-based milk protein products.
The Bangkok-based startup makes pet food products out of black soldier fly larvae, feeding them “a diet from pre-consumed food waste” and other “food surpluses.”
The Abu Dhabi-based company will add over 100 crops to its portfolio, as well as new CEA technologies, through its collaboration with PlanTFarm.
The Australian startup inoculates crops with symbiotic microbial fungi that boost plants’ natural ability to sequester carbon in the soil they grow in.
The top three destination countries for agrifoodtech investment remained the same in H1 2021 – but there were a few surprises further down the list.
The Patna-based startup says it serves 650,000 smallholders and collaborates with 3,000 rural micro-entrepreneurs.
Soil Metrics was spun-out of Colorado State University in 2019 to commercialize “biogeochemical” soil modeling techniques.
The country will double-down on agtech innovations in areas such as soil carbon sequestration and livestock feed to achieve the target.
The US fresh produce platform will use the funds to “turbocharge our software and services growth and extend our e-commerce reach from coast to coast,” said CEO Mike Xu.
Brazil will incentivize adoption of regenerative farming methods, methane-busting cattle feed supplements, and reforestation in an effort to hit the new target.
It aims to “get cell-cultured meat onto the tables of Chinese consumers, providing them with healthier, safer, and lower-carbon meat products,” according to co-founder Ding Shijie.
“Our mission [is] to drive the widespread adoption of regenerative farming practices,” said CEO Daniel Ryan.
Freshmart was founded in 2016 and claims to have an 18-20% share of the online food market in Peru.