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OroraTech operates small satellites with thermal cameras that detect wildfires and alert first responders. Image credit: OroraTech

The Week in AgriFoodTech: Blue Stripes, Nukoko land rounds for alt chocolate, OroraTech snags deal for wildfire detection

October 17, 2024

Foodtech headlines this week contained more chocolate than a jumbo bag of Ghiradelli Squares. Blue Stripes and Nukoko both announced fundraises, while Voyage Foods announced a massive new manufacturing facility.

Elsewhere, climate-focused companies OroraTech (wildfire detection) and CorePower Ocean (clean energy) also raised new capital alongside a plethora of other agrifoodtech startups.

Nukoko plans to bring its cocoa-free chocolate to market in 2025. Image credit: Nukoko

Foodtech funding

🇺🇸 Cacao fruit startup Blue Stripes raises $20M Series B Axios

🇬🇧 Döhler backs fava bean chocolate maker as climate change eats up cocoa crops Green Queen

🇪🇸 UOBO secures six-digit funding, joins forces with Cubiq Foods to create egg replacers for manufacturers Vegconomist

🇺🇸 Liberation Labs gets $3.39m in funding The Cell Base

🇩🇰 Danish startup closes €3.5M funding round to scale up beverage distribution platform Arctic Startup

🇨🇭 Sallea secures $2.6M for its 3D Scaffolds for cell cultivated meat Tech.eu

🇦🇺 Breakthrough Victoria pours $2.5 million into food waste rival to Goterra and Bardee Startup Daily

OroraTech operates small satellites with thermal cameras that detect wildfires and alert first responders. Image credit: OroraTech

Agtech funding

🇺🇸 Agtonomy closes $32.8M Series A to accelerate AI-driven automation in agriculture and expand into autonomous industrial equipment Access Wire

🇧🇪 Biotalys obtains subscription commitments for EUR 15 million through a private placement of new shares with new and current investors Biotalys

Climate tech funding

🇬🇧 Biodiversity meets AI: Basecamp Research raises $60M to disrupt biological systems design Tech Funding News

🇸🇪 CorPower Ocean secures EUR 32m Series B1 funding to commercialise wave energy Inno Energy

🇩🇪 OroraTech raises 25 million euros for satellite wildfire detection system Space News

🇺🇸 Terviva pushes into biofuels after investment from Chevron Renewable Energy Group AgFunderNews

The Starship/Bolt collaboration will first roll out Tallinn, Estonia. Image credit: Starship/Bolt

M&A, IPOs & partnerships

🇺🇸 John Kempf’s AEA to help Turkey, southeast Europe convert to regen ag through new partnership AgFunderNews

🇪🇪 Starship and Bolt partner to launch robot-powered grocery delivery Tech.eu

🇦🇺 Aussie plant based co acquired by Smart Foods a week after liquidation Green Queen

Funds, grants & accelerators

🇺🇸 Conservation Resources holds $80m first close on Forest Fund VII  Agri Investor

🇨🇱 Carozzi launches corporate venture capital fund Latam List

🇺🇸 Healey-Driscoll Administration Awards More Than $2.1 Million to Cellular Agriculture Innovation Center at Tufts University Massachusetts Technology Collaborative

People moves

🇮🇳 DeHaat appointed Karan Agarwal as CPTO CIO News

🇺🇸 Sustainable materials firm Modern Meadow names new CEO Fashion Dive

🇺🇸 Sentera names agriculture veteran Joe Walsh as chief growth officer to drive strategic expansion in precision agriculture Sentera

🇺🇸 Instacart names Uber exec as chief technology officer Grocery Dive

🇧🇪 Biotalys appoints Kamal El Mernissi as chief business development officer Yahoo Finance

Voyage Foods makes cocoa-free chocolate. Image credit: Voyage Foods

Other news

🇬🇧 M&S uses drones and robot tractors to cut carbon emissions in autonomous farming trial Grocery Gazette

🇫🇷 SWAP Food rebrands from Umiami and launches whole filet chicken alternative for mainstream consumers Protein Production Technology

🇦🇺 The Aussie Plant-Based Co. liquidates amid financial struggles Vegconomist

🇳🇱 Mark Post-founded Qorium unveils 35x35cm cultivated leather sample as “tangible proof” of a promising future Cultivated X

🇺🇸 Serve Robotics debuts faster, larger robots for Uber Eats deal Restaurant Dive

🇺🇸 Voyage Foods opens $25M USDA-backed facility, targeting 10,000 metric tons of cocoa-free chocolate annually Vegconomist

🇪🇺 EU Council agrees to extend timeline for EUDR implementation Feed Navigator

🇸🇬 The Better Meat Co. expands to Asia with Singapore approval for rhiza mycoprotein Vegconomist

🇱🇺 Moolec Science gains USDA nod for iron-rich GE peas Investing

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