What the fork? Karana wishes “Happy Jacksgiving” with alt turkey
November 28, 2019
I tried Karana’s alt turkey at the recent Asia Agri-Food Innovation Week in Singapore. Here’s what I thought.
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Richard Martyn-Hemphill
Booming, blooming micro-algae
November 25, 2019
Hundreds of thousands of species of micro-algae float through the world’s waterways. Just a fraction have been categorised or studied. It leaves an imaginarium of
A Middle Eastern milk alternative bubbles into view: Chickpea
November 22, 2019
ChickP uses what the company describes as “patent-pending technology to extract up to 90% pure protein out of the chickpea seed.”
Australia joins agrifoodtech VC party with Tenacious Ventures’ $16m raise
November 21, 2019
AFN caught up with Nolet ahead of her speech at Southstart to find out more about the raise, and what to expect from a fledgling Tenacious.
Crop disease recognition app Plantix raises €6.6m Series A led by RTP Global
November 21, 2019
The €6.6 million Series A was led by the Russian early-stage tech investor RTP Global. The round was joined by Piton Capital with existing investors participating, including Atlantic Labs and Index Ventures.
Nadir Godrej, India’s bard of agtech
November 20, 2019
Nadir B. Godrej, 66, is not just a titan of Indian agribusiness. He is also an accomplished poet, as a wide-eyed audience discovered at this year’s Asia-Pacific Agri-Food Innovation Week in Singapore.
Bayer CropScience COO: acquisition is exception to rule in startup interactions
November 14, 2019
We caught up with Brett Begemann in London recently to talk glyphosate, Bayer’s venture activities, digital ag, gene editing and smallholder farmers.
EXCLUSIVE: Let there be Lemna! UK’s DryGro secures £1.4m Series A to build out duckweed production
November 7, 2019
A European family office led the round, which requested anonymity, with investment advisors Fonte Capital and EthicalFin both helping to bring in the latest tranche.
India’s Fasal raises $1.6m seed funding to build out precision ag across SE Asia
October 30, 2019
Fasal, a precision agriculture platform, has just raised $1.6 million of seed funding from Omnivore and Wavemaker Partners, AFN can confirm.
Twiga’s $30m Goldman Sachs-led Series B towers over African agri-food tech like a friendly giraffe
October 29, 2019
The Kenyan B2B food distribution company’s combined Series B equity and debt round represents the largest early stage investment in African agrifood tech in 2019 to date.
EXCLUSIVE: AgriTech Capital invests in ag.supply, the German ‘Amazon of AgTech’
October 23, 2019
AgriTech Capital has just closed a multi-million dollar investment into Germany’s Ag.Supply. The exact amount has not been disclosed on record.
Thai Union piles into alt protein with Flying Spark investment, new VC, incubator
October 22, 2019
Israeli insect farming startup Flying Spark has struck a partnership and investment deal with Thai Union, one of the world’s largest seafood producers.
Bio-designed and ‘animal-free’ collagen on the horizon as Geltor and Gelita deepen ties
October 18, 2019
According to a press release sent to AFN, GELITA and Geltor have now agreed to develop, produce and market “ingestible animal-free collagen proteins – to be launched in late 2020.”
UPDATE: Vertical Future raises £4m seed round to take vertical farming to Mayfair
October 17, 2019
Vertical Future plans to cut down London’s carbon ‘foodprint’ with its latest £4m seed round, led by impact investor Earthworm. Read on to find out more.
A startup cheat-sheet for London’s World Agri-Tech Innovation Summit
October 15, 2019
The cheat-sheet comprises 14 international agri-tech start-ups that will present their tech at the World Agri-Tech Innovation Summit in London on October 15-16; they come with a special seal of approval from the organizers, the Brighton-based Rethink Events.
UK wants agriculture to be carbon neutral by 2040. But £20m here and there won’t do the trick
October 14, 2019
Prodded by rising public concerns about climate change, the UK government wants its agricultural sector to reach net-zero carbon emissions by 2040. This is a bold target and there isn’t enough heft in the right places, British investors have warned AFN.
Roboscientific triumphs at Tesco Agri-T Jam
October 14, 2019
Mirror, mirror on the wall, who is the Tesco’s Finest of them all?
Ten agri-tech start-ups have been flinging 7-minute pitches at UK supermarket giant Tesco and its supply chain partners for most of Monday.
Skål!: €17 million more for Matsmart, Sweden’s surplus food marketplace
October 10, 2019
LeadX Capital Partners, which is backed by German retailer Metro Group, led the round, joined by the likes of Ingka Group (IKEA), Northzone, D-Ax, and Norrsken.
From Russia with funds: EFKO Group launches $50m foodtech fund
October 7, 2019
EFKO Group is well known from Moscow to Vladivostok for its sunflower oils, milk products, margarine, and ketchup.
One small steak for man, one giant leap for space-grown meat!
October 7, 2019
Aleph Farms — a startup designing bio-reactor grown and 3D-printable beef steaks — has been busily turning the International Space Station into, well, an International ‘Space Steak’ Station.
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