Plus: GE salmon company AquaBounty winds down its only remaining operating farm: “We’ve been working for over a year to raise capital… Unfortunately, these efforts have not generated enough cash to maintain our operating facilities.”
WollemAI’s CEO Sam Sneddon talks to AgFunderNews about the company’s strategic positioning and future plans
With $280 million raised across 93 deals, in 2024 to date the country ranked third in total agrifoodtech funding in Asia Pacific, due to a 58% increase in funding
In 2024 Asia-Pacific agrifoodtech startups have shown resilience against global market headwinds, securing $4.2 billion in funding and 31% of the global investment in the sector this year.
In an interview with AgFunder News YoLa Fresh co-founders explain how their company is addressing key challenges like food waste, inefficiencies in fresh produce distribution, and limited market access for smallholder farmers.
Startups in the Ag Marketplaces & Fintech category have taken the top spot for funding in recent months, bringing in $65 million, or 41% total investment on the continent so far in 2024
Israel-based agrifoodtech startups have closed just 17 funding rounds since the start of the conflict. Raising some $161 million since October 7, 2023, the total is a 72% drop on the same period the year before, and some 73% fewer deals.
While it accounts for a small fraction of global investment in the field, Africa’s agrifoodtech sector is showing mild growth in 2024, with startups raising $145 million in the first half of 2024, a 1.6% year-over-year increase vs H1, 2023.
Global demand for seafood is set to soar in the coming years, yet in the first half of 2024 funding was down 40% compared to the first half of 2023.
Surprisingly, despite the consolidation and domination of a few major players, investment in eGrocery startups still represents nearly 16% of agrifoodtech funding in 2024 so far. But does that tell the whole story?
Agriculture-related gene editing startups have raised over $2.7 billion since 2012.
Despite challenges, the agro-carbon services industry has shown a certain degree of resilience in recent months.
A list of the top seven farm robotics deals so far in 2024, with a bonus look at the most interesting seed stage investments.
