Pivot Bio scores $430m in DCVC, Temasek-led Series D round
The Berkeley, California-based startup said it’ll use the capital to “rapidly” scale its US business while expanding its global presence and releasing new nitrogen fixation products.
The Berkeley, California-based startup said it’ll use the capital to “rapidly” scale its US business while expanding its global presence and releasing new nitrogen fixation products.
The Tel Aviv-based startup plans to use the Series E funds to pursue M&A deals that will allow it to rapidly scale.
It started out as a last-mile food delivery app in 2011 before branching out to become a ‘full stack’ logistics and fulfillment platform.
Danone has been enthusiastic in exploring environmentally beneficial food production methods, often around regenerative agriculture – but also plant-based dairy alternatives.
Dingdong Maicai said it will use the funding for regional expansion, enhancement of its fresh produce supply chain capabilities, and to hire more personnel.
Singapore-based Trax was Southeast Asia’s highest-funded agrifoodtech startup in 2019, according to AgFunder data.
Swiggy also secured investment from sovereign wealth funds Qatar Investment Authority and Singapore’s GIC, according to an internal memo.
The Spanish ‘q-commerce’ app delivers takeout meals, groceries, and other items on demand to more than 10 million users across 20 European countries.
The app allows shoppers to form groups to collectively buy farm produce and other groceries in bulk at competitive prices.
Eat Just made history when it became the first company in the world to get regulatory approval to serve a cell-cultured meat product last November.
The New York startup claims to have doubled its revenue over the past year, selling its leafy greens in 40 US states and across 2,000 retail stores including Whole Foods, Albertsons, Meijer, Target, and Sprouts.
The US startup has developed a non-GMO soybean with 50% more protein than conventional varieties with the hope of tapping into the plant-based alternatives market.
Cox Enterprises now holds a majority stake in BrightFarms, which will use the new funding to construct three new greenhouses in North Carolina, Massachusetts, and Texas.
Plenty will use the funding to build out its new Compton, CA, facility and to research strawberry cultivation alongside new investor Driscoll’s.
“Five startups in one” is how Indigo CEO David Perry describes the company, which he says is facing its biggest challenge yet: moving to its next phase of execution.
FBN plans to expand its FBN Direct range of inputs with the new funding and has a number of susainability-focused announcements in the works.
MissFresh was the highest-funded agrifoodtech startup in China last year, raising $700 million in a debt round from a local government-linked fund, according to AgFunder research.
Switching sharply to developing a vaccine for Covid-19 appears to have proved a boon for GreenLight Biosciences, a company that previously focused on developing biological pesticides.
Facebook’s first investment in an Indonesian company has echoes of its $5.7 billion Jio deal in India earlier this year.
Rebel Foods previously raised $125 million from Coatue, Goldman Sachs, Gojek, and Uber co-founder Travis Kalanick in its Series D round last year. It’s now expanding to Southeast Asia and the Middle East.
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International Fresh Produce Association launches year 3 of its produce accelerator