Starfield scores $100m in China’s biggest alt-protein round to date
The Shenzhen-based startup is about to open its first commercial-scale factory, which it says will bring prices of its plant-based products below those of animal equivalents.
The Shenzhen-based startup is about to open its first commercial-scale factory, which it says will bring prices of its plant-based products below those of animal equivalents.
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
The Cape Town-based startup considers itself a farming company enabled by technology, rather than a tech company working in ag, says CEO James Paterson.
The Singaporean salad chain sees digitalization, cloud kitchens, and plant-based proteins as the way to get there.
The Series B funds will be used to scale up the Irish company’s platform, which aims to unlock additional health benefits for food and beverage products.
“We’ve spent the money to take the R&D risk away” for vertical farm operators, IGS’s David Farquhar says on the sidelines of COP26.
N.Thing said the funds will go towards worldwide commercialization of CUBE, its modular, software-powered vertical farming system.
Its self-described “robotics as a service” platform combines robotic tractors with management software to complete a range of tasks.
It has completely overhauled its go-to-market strategy after bringing on a former Dow AgroSciences CEO as an investor and board member.
The Californian startup has built robots that can pick field-grown strawberries. Next, it wants to move into the apple orchard.
Prosus Ventures led the Series B round, with JME Ventures and Seaya Ventures among the other participating investors.
The Canadian startup is hoping to give aquaculture farmers a boost by floating them cash while they wait 30-90 days for payment from buyers.
In the wake of a $160 million Series B round, 80 Acres CEO Mike Zelkind argues that some valuations in the indoor ag industry are exaggerated.
The Australian plant-based protein startup may have secured funding from Chinese food and grocery delivery ‘super app’ Meituan.
“That’s something we will have to work on. When is the last time that a whole new category of food was created?” says co-founder and CEO Tyler Huggins.
It’s using soybeans to produce casein, the protein found in cows’ milk which gives cheese its characteristic “melt, stretch, and mouthfeel.”
It’s taking aim at food waste by helping restaurant suppliers move expiring items more quickly.
Covid-19 has raised serious questions about the safety, efficiency, and overall efficacy of meat processing. From labor shortages to infected workers to empty store shelves,
The Israeli company secured the mega-funding from L Catteron and agrifood corporates BRF, Cargill, CJ CheilJedang, and Thai Union.
It’s building a “first of its kind” protein factory in the Netherlands with the aim of producing 1 million tonnes of mycoprotein annually by 2032.
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