“This is the culmination of seven years of R&D to get expression levels to a point where the science and the economics make sense,” says founder and CEO Magi Richani.
Kelp Blue founder Daniel Hooft discusses the ups and downs of farming giant kelp and his journey from the oil industry to aquaculture.
“We acquired the assets through an auction, so we’ve acquired the brand name, all the data sets, the customer contacts, essentially all the assets, and none of the liabilities,” says Almanac CEO Sumer Johal
Plus: Malaysian farm-to-restaurant platform Secai Marche raises Series A 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.
The vertical farmer best known for its strawberries is also gearing up for its first international expansion via a new R&D center in Tokyo.
The newly announced AgTech Advisory Collective aims to provide a broad range of expertise and services to the agtech industry.
“There was a feeling that supply chains seemed to work reasonably well until around 2010. And then things start getting really messy,” says supply chain consultant Matt Lekstutis.
Factors like age and attitude towards sustainable farming practices influence farmers’ purchasing decisions, says Boston Consulting Group.
SAYeTECH combines hardware and Internet of Things (IoT) embedded systems to build tools specific to Africa’s smallholder farming communities.
The fact Plantible has secured long-term offtake agreements and is able to scale in a modular fashion –scaling out rather than scaling up with proven tech—has helped build trust with investors, says its CEO.
In addition to honey and ancient grains, the company has now launched a coffee product that’s being distributed in the US and Europe.
While insect ag facilities are typically vertically integrated, Agroloop’s new BSFL facility near Budapest does not include a breeding unit, an operation it has entirely outsourced to FreezeM.
Plus: chatbots for cultivated meat are here.
Insect waste (frass)—which contains nitrogen, phosphorus, and potassium—boosts soil health and provides a more balanced, slow-release nutrient profile than synthetic fertilizer, claims Innovafeed.
CommonGround is staying laser-focused on its farmland marketplace and its recently launched insurance business.
“Cautious optimism” is warranted as deal values have increased for two consecutive quarters,” say PitchBook analysts.
Germany-based Klim will introduce a financial services layer to its insetting platform to aid in the transition to regenerative agriculture.
Aspire has “signed a term sheet” and is “working to close our financing at the end of the month,” says CEO David Rosenberg. “Demand still remains strong, but we have to scale up and produce consistently.”
Project will “provide capital to farmers in one of the poorest parts of the world through carbon credits,” says Uganda-based agtech partner NileOrbital Aerospace.
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