Brief: UAE cloud kitchen startup Kitopi raises $415m, joins billion-dollar club
July 5, 2021
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
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Category: FoodTech
This year’s biggest agrifoodtech IPO will probably involve a company you’ve definitely heard of
July 2, 2021
It could file its prospectus – seeking to raise a reported $10 billion at a $60 billion valuation – as soon as next week.
Brief: Czech e-grocer Rohlik raises $119m to join unicorn club three months after $238m round
July 1, 2021
It closed its Series B round just three months ago – but says it needed more money for its aggressive expansion plans.
Midweek Digest: Stryve SPACs, Future Meat’s first factory opens
June 30, 2021
Snack maker Stryve is set for a SPAC merger, while Israel’s Future Meat has unveiled what it says is the “world’s first industrial cultured meat facility.”
Brief: Eat Just targeting IPO at valuation of ‘at least $3bn,’ says investor
June 30, 2021
Eat Just raised $200 million in private funding back in March, with its GOOD Meat cell-culturing unit separately scoring $170 million in May.
Dingdong downsizes after Missfresh misfires
June 29, 2021
Dingdong Maicai has slashed its IPO pricing by 74% following its Chinese e-grocery rival’s rough debut last Friday.
A sole focus on organic farming will not get us where we need to be
June 28, 2021
CRISPR is the best tool the EU has to achieve its ambitious agrifood sustainability goals. The bloc needs to keep that squarely in mind when regulating its use, write Rudi Ariaans and Ferdinand Los.
Future Food 🎙️: Diving deep with Shiok Meats’ Sandhya Sriram on the future of cell-cultured seafood
June 25, 2021
CEO Sriram on why she made the leap from full-time scientist to founder – and how she reconciles vegetarianism with being a cultured meat eater.
Brief: Impossible Foods could sell proprietary heme to other companies – CEO Brown
June 25, 2021
“We have absolutely no aversion to doing that, we just haven’t had the bandwidth,” he said.
AgFunder’s hiring a Partner-track venture capital Investment Associate/VP
June 24, 2021
In this role, you’ll represent AgFunder to some of the smartest and most talented founders and investors in the industry, and you’ll need to be at least their equal.
Brief: Chinese e-grocers seek to raise a combined $700m in US market debuts
June 24, 2021
Competitors Missfresh and Dingdong filed for New York IPOs earlier this month.
Meet the plant-based pioneers in GROW’s latest Impact cohort: ANINA, Green Rebel & Rainfed
June 24, 2021
In this roundtable article, AFN hears from team members at three GROW startups which are playing their part in the plant-based protein revolution.
Innovative program offers better approach for ag startups seeking US market entry
June 23, 2021
The next (virtual) cohort of the Cultivo program, run by America’s Cultivation Corridor, will begin later this year – and it’s accepting applications until August 2.
Midweek Digest: SupPlant & Superplum raise funds, Burger King goes veggie in Singapore
June 23, 2021
Morsels of the past week’s other agrifoodtech news from around the web, for your delectation.
Behind the scenes at the top agrifood CVCs
June 23, 2021
There’s nothing new about agrifood corporates investing directly in strategic technologies – but it is now a mainstream approach.
Equinom raises $20m Series C funding from BASF, others for ‘improved’ alt-protein seeds
June 22, 2021
The Israeli startup combines AI-driven technology with exotic and ancient crop types to breed seeds with superior nutritional qualities.
Brief: ‘New retail’ salad chain Sweetgreen files for IPO
June 22, 2021
The tech-enabled ‘grab n’ go’ restaurant was valued at $1.5 billion at the time of its last publicly announced funding round in September 2019.
Brief: Singapore’s NTU launches ‘first alt-protein university course’ in Asia Pacific
June 21, 2021
NTU students will learn the science behind cell-cultured, plant-based, and fermented proteins, as well as the market opportunities and regulatory issues they present.
Scottish alt-protein startup Enough banks $51m Series B led by Nutreco, Onassis Foundation
June 20, 2021
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.
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.
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