AgFunder Network Partners

Category: FoodTech

Bringg bags $100m for logistics platform used by Albertsons, Walmart; joins unicorn club

June 18, 2021

The Tel Aviv-based startup plans to use the Series E funds to pursue M&A deals that will allow it to rapidly scale.

Brief: Jay-Z fund backs plant-based NUGGS maker Simulate

June 18, 2021

The hip hop mogul has invested in a number of agrifoodtech ventures, including Impossible Foods and Oatly.

Motif FoodWorks raises $226m to tackle plant-based’s challenges with texture & taste

June 16, 2021

The Ginkgo Bioworks spinout will use the proceeds from the BlackRock and Ontario Teachers’-led Series B round for R&D, commercialization, and hiring.

Brief: Indonesia’s Green Rebel unveils ‘Asia’s first’ plant-based whole cuts

June 16, 2021

The startup said the two products will be sold by restaurant partners at the same, or lower, price points as similar animal-derived menu items.

Quantum computing’s answer to the global food security problem

June 15, 2021

Quantum hardware’s depth of analysis would likely advance our understanding of the genetic code of plants – and humans – far beyond what we know today.

Brief: Flagship closes $3.4bn fund to build ‘bioplatform’ companies in ag, nutrition & health

June 14, 2021

Fund VII takes Flagship’s total assets under management to $14.1 billion.

Brief: Oatly sues UK farm over PureOaty plant-based milk brand

June 14, 2021

Glebe Farm owner Phillip Rayner said that “although Oatly are much bigger than us, we do not believe we have done anything wrong.”

Brief: Chinese e-grocery giants Dingdong, Missfresh file for US IPOs

June 11, 2021

Both companies source fresh produce from farmers and agribusinesses and deliver it to consumers, who can order groceries through a mobile app.

Grow-NY is looking for agrifoodtech startups to apply to win mentorship, $1m prize

June 10, 2021

Grow-NY is accepting applications for Round III of its competition for agrifood startups until July 15.

Brief: Meat giant JBS pays $11m bitcoin ransom to ‘Russia-linked’ cyberattackers

June 10, 2021

The world’s biggest meat packer said that “preliminary investigation results confirm that no company, customer, or employee data was compromised.”

Move over leafy greens: Seedo Corp is cultivating saffron indoors

June 10, 2021

The Israeli company wants to make saffron more accessible and affordable by growing the spice – which is more expensive than gold – indoors with the assistance of technology.

Brief: Cargill CEO MacLennan says plant-based will ‘cannibalize’ its protein business

June 9, 2021

He also said that the agribusiness giant doesn’t expect China’s domestic livestock feed industry to become self-sufficient anytime soon.

Plant-based ‘NUGGS’ maker SIMULATE raises $50m from Ohanian fund, McCain Foods

June 8, 2021

The New York-based startup will use the funds to expand its team, accelerate new product development, and grow its manufacturing capabilities.

Brief: Geltor debuts ‘world’s first’ vegan collagen for food & beverage industry

June 8, 2021

With origins in the beauty and wellness space, Geltor is entering the food and beverage industy with its first vegan collagen ingredient.

Plant-based ‘whole egg’ startup Float Foods scores seed funding from VCs, corporates

June 8, 2021

The Singaporean startup has created OnlyEg: a legumes-based ‘whole egg’ replacement that comprises a separate white and yolk.

Pulses detected: How regional crops could hold the key to Asia’s alt-protein future

June 7, 2021

Two recent research reports have shone a light on the potential role that pulses could play in delivering the Asia-Pacific region’s protein needs.

After closing $27m maiden fund, Tenacious Ventures seeks to scale-up Australian agrifoodtech

June 4, 2021

Tenacious Ventures has invested $11.5 million in six startups so far, with a further 10 or so deals expected out of its newly closed fund.

In Europe, the Covid crisis aligned with the start of a new agrifood investment cycle

June 3, 2021

It wasn’t only the pandemic that shifted trends in Europe’s agrifoodtech scene. 2020 was the start of a new innovation cycle on the continent.

Sharebite raises $15m from ESG investors to feed people going back to the office

June 3, 2021

Many employers are choosing to pay for workers’ lunches to incentivize a return to the office, according to workplace food ordering platform Sharebite.

HR management platform Ganaz raises $7m Series A funding from Trilogy Equity, AgFunder

June 3, 2021

The Seattle-based startup seeks to lower costs for employers in ag and food manufacturing by automating processes like hiring, training, and payment of wages.