The Week in AgriFoodTech: Grubhub sold in $650m deal, Elicit Plant bags $47m, gene-edited wine
November 14, 2024
Plus: chatbots for cultivated meat are here.
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Category: AgTech
Innovafeed secures $11.8m USDA grant for insect-based fertilizer, fine tunes process at Decatur pilot plant
November 14, 2024
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.
Farmland marketplace CommonGround talks cash-lease insurance and going ‘back to basics’ as a company
November 13, 2024
CommonGround is staying laser-focused on its farmland marketplace and its recently launched insurance business.
Agtech VC investment on the rise again but exits still elude the industry, says new PitchBook data
November 13, 2024
“Cautious optimism” is warranted as deal values have increased for two consecutive quarters,” say PitchBook analysts.
Klim raises ‘massively oversubscribed’ Series A, adds financial services layer to its insetting platform
November 12, 2024
Germany-based Klim will introduce a financial services layer to its insetting platform to aid in the transition to regenerative agriculture.
Exclusive: Aspire Food Group cuts staff, temporarily scales back production at cricket farm
November 11, 2024
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.”
Sea Forest strikes deal to bring livestock methane-busting seaweed supplements to East Africa
November 11, 2024
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.
What makes a good agtech investment? ‘Clear ROI at the farm level,’ says Fulcrum Global Capital
November 8, 2024
“Fulcrum maybe isn’t the most trendy investor, but we care a lot about what has real impact on the farm.”
‘Four more years of chaos’ or a ‘historic opportunity’? Food & ag organizations respond to Trump victory
November 7, 2024
A resounding win for Donald Trump in the US election is prompting enthusiasm in some quarters of the food industry and intense anxiety in others.
The Week in AgriFoodTech: Indoor ag unicorn Bowery shuts down, Pymwymic launches second fund
November 7, 2024
High-tech shrimp farming company Oceanloop reels in a fresh round of capital.
Worms to wealth? Loopworm scales up insect protein plant, plans recombinant proteins from silkworms
November 6, 2024
Loopworm is ramping up production at a facility in Bangalore capable of churning out 6,000t of silkworm and black soldier fly protein a year.
Oberland Agriscience nets new capital to scale Nova Scotia BSFL plant
November 5, 2024
The startup aims to be fully scaled up at a 108,000sq ft facility next year, with production capacity of 3,500t of dry black soldier fly larvae (BSFL) protein and 9,000t of frass.
Sponsored post: The innovator’s dilemma: why agbioscience innovation must focus on the farmer first
November 5, 2024
“Those innovators that are directly linked to the farmer and to the customer are the ones that are going to win.”
Phytoform says its gene-edited tomato could produce ‘up to 400% more fruit’ in a vertical farm
November 4, 2024
Phytoform utilizes gene editing to accelerate changes that might naturally occur through traditional breeding methods.
YoLa Fresh founders on how a more efficient food system can reduce emissions and water consumption in Africa.
November 4, 2024
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.
Are agtech stakeholders actually collaborating? FIRA USA 2024 attendees weigh in
November 1, 2024
The industry is moving in the right direction, said various growers, startups, agribusinesses and investors polled by AgFunderNews.
More than half of all cyber attacks in agrifood are ransomware, ‘any size’ business at risk, says threat intelligence group
November 1, 2024
“The opportunistic nature of cyber attacks, especially ransomware, means a company of any size is at risk.”
The Week in AgriFoodTech: Funding for mealworms & green hydrogen, Ohalo unveils a new kind of almond
October 31, 2024
Plus: Australia firm banks new funds for biopackaging innovations.
GLOCAL 2024 challenge picks two winners to ‘drive systemic change’ across Latin America’s food system
October 31, 2024
Winners of the GLOCAL challenge highlight the role of AI, data science and fintech in kickstarting change across Latin America agrifoodtech.
What’s driving ag robotics innovation? ‘Labor, labor, labor,’ say FIRA USA 2024 attendees
October 30, 2024
FIRA attendees agreed that ag robotics and automation will create more jobs for the industry, and typically better ones, too.
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Sponsored post: The innovator’s dilemma: why agbioscience innovation must focus on the farmer first