We checked in on PepsiCo’s climate commitments to discover 345k out of 7m acres are using regen ag practices while their emissions reduction targets have been a mixed bag.
Layoffs, cuts, and reorganizations continue across the foodtech industry, especially for restaurant-related businesses like Sweetgreen and Deliveroo.
UM6P, the venture arm of the Moroccan university with the same name, says the deals are “investment-partnerships” as the two startups stand to benefit from scientific support and testing of their technologies at the university.
New York is the most diversified investment landscape with a greater mix of upstream and downstream agrifoodtech startups.
Farmley, India’s dried fruit and nuts marketplace, secured $6m in Series A funding led by DSG Consumer Partners and Alkemi Growth Capital
Eat Just secured world-first regulatory approval in Singapore for its GOOD Meat cultivated chicken back in December 2020.
Source Global bagged a late-stage round for its drinking water tech and alt-protein startup Paleo unveiled some pre-historic meat analogues.
The Nigerian startup is working to solve Africa’s protein shortfall by developing plant-based products that seamlessly substitute animal meat in local dishes.
The Netherlands-based animal and fish feed producer has acquired close to 94% in Indian aquatech company Eruvaka as impact fund Omnivore and Eruvaka team exit.
Roughly 70% of German agrifood’s $3.3 billion in funding went to just two companies, both part of the now-struggling instant-delivery sector.
The Estonian startup is producing edible and compostable food-grade packaging materials from plant-derived polysaccharides.
Normative bagged funds for its carbon reporting platform and old favorites like donuts and avocados got makeovers with sustainability in mind.
The US alt-dairy startup has posted the winning ₹6.38 billion ($79.8 million) bid to take over Sterling Biotech, which entered liquidation in 2019.
Marica Quarsingh calls her cell-cultured seafood startup, Sea-Stematic, the “Tesla of seafood” to communicate how seafood should be produced: sustainably and with the right market insights.
Canadian indoor farming company Fieldless Farms raised Series A funding and MycoWorks debuted hats made from mushroom roots.
The US company’s forthcoming “mega Ranch” facility is expected to produce tens of millions of pounds of mushroom root meat analogues annually.
Investors should view the current tech industry downturn as an opportunity to funnel more patient capital one area holding strong: climate tech.
Re-Nuble, a New York-based agtech company that indoor farming nutrients from food waste, has partnered with California’s CruzFoam to source waste from seafood producers.
While foodtech startups feel the crunch of the current downturn, fundraising in agtech and alternative protein keeps coming.
The tech-enabled parks are a joint project between India, Israel, the UAE, and the US.
I’m drowning in new food! Can someone please restructure me out of this mess?