AgFunder Network Partners

Category: FoodTech

China’s Sysco wannabe Lehe Food raises $56m in Series C round

May 11, 2020

The Guangzhou-based startup raised a total of $29 million across two rounds last year. On-demand giant Meituan Dianping co-led the latest fundraise.

Fresh produce - tomatoes, onions, squashes

Q&A: How is Covid-19 impacting fresh produce businesses globally?

May 8, 2020

In this roundtable, execs from Waycool, Future Group, and RipePlanet give a detailed picture of Covid-19’s impact on the fresh produce sector.

Americans need better access to healthy food to lower risk of Covid-19 complications

May 7, 2020

The failings of the US food system have left 88% of the population metabolically unhealthy. Frighteningly that means they’re all at a higher risk of complications from the Covid-19 virus compared to the 12% who are deemed metabolically healthy. This startup wants to help.

ReFED launches $1m Covid-19 food waste relief fund with goal to raise $10m more

May 7, 2020

The effort provides funding to organizations that can rescue food before its wasted and redirect it to individuals in need.

It’s time to invest in a more resilient agrifood system

May 7, 2020

We’ve kicked the can down the road for too long when it comes to investing in our food system and Covid-19 is revealing its many weaknesses. We can do better.

Hatch 4.0 accelerator is open for innovators who can bring sustainability to aquaculture

May 7, 2020

Hatch is inviting startups to apply for the fourth cohort of its aquaculture-focused program, which has accelerated the likes of Finless Foods and Jala.

Strella Biotech scores $3.3m seed round co-led by Yamaha to track ripeness with IoT

May 6, 2020

The early-stage startup wants to help packers, and eventually retailers, better manage their inventories so that consumers never have to suffer overripe fruit again.

Indonesia’s GudangAda raises $25m at Series A with $100m in monthly food & ag transactions

May 5, 2020

Sequoia Capital and Alpha JWC Ventures co-led the round, which brings the B2B marketplace’s total funding to $36 million in just 15 months.

Viva, Las Vegas! Nevada’s Cultiva nets $2.94m funding to stop crops getting sunburn

May 5, 2020

As any fruit farmer will tell you, sunlight is great — until your trees get sunburnt. The scorching of high value fruits like apples or

Uber Eats beats a retreat in Europe, Americas, and Middle East

May 5, 2020

Uber is pulling out of the food delivery business in 7 countries to “reinvest… in priority markets.” Here are some clues as to where it should refocus.

Agrifood corporates turn to startups to hedge disruptions and get an edge on trends

May 4, 2020

The Covid-19 crisis offers a stark warning of how vulnerable the food chain is to shocks, and underscores the value of corporations’ engagement with startups to spur new agri-foodtech solutions ahead.

GROW partners Singapore’s Startup SG Founder program and launches Asia pre-accelerator

May 4, 2020

GROW becomes an accredited mentor partner for the Singapore government program, while launching its ‘Pre Accelerator’ for “very early stage” startups.

Cargill unveils PlantEver plant-based brand for Chinese consumers, expands B2B offering

May 4, 2020

PlantEver is the name under which the US agribusiness giant’s fake meat will be marketed to Chinese shoppers, starting from the end of June.

AgFunder Digitalk #2: Asian agri-foodtech & sustainability amid food security challenges

April 30, 2020

Covid-19 ravaged Asia before going global. We talk to three thought leaders in the region about how their strategies and investment priorities have changed.

Now is the time to invest in FoodTech

April 30, 2020

As investors seek diversity in order to weather the storms ahead, now, more than ever, FoodTech stands out for its value, its strength, its opportunities and the benefits it brings, writes PeakBridge Partners.

EXCLUSIVE: MicroGen Biotech raises $3.8m Series A to take heavy metals out of food

April 29, 2020

We’ve seen microbes for crop health but what if they can help prevent dangerous heavy metals from entering food, too?

Covid-19 is accelerating inevitable food trends but which changes will stick?

April 29, 2020

The news cycle for the entire Covid-19 pandemic crisis has been awash with crises in the food industry, forcing various tech providers to step up to the challenge. But which will be left wanting when the virus eventually subsides?

How Sweden’s Amazon is disrupting online food in the Nordics

April 29, 2020

Interesting things are happening in the Nordics. MatHem (literally “Food Home”), the market leader in online groceries in Sweden, has teamed up with a local financial colossus and industrial enfant terrible to re-draw the food map, writes Johan Jorgensen.

Starbucks enters China’s agrifood investment scene with Sequoia Capital partnership

April 29, 2020

The US coffee chain and Sequoia China will make “strategic co-investments” in emerging, tech-driven food and retail startups “created in China, for China.”

Cargill trials plant-based protein in KFC China as battle for Asian domination heats up

April 28, 2020

KFC Plant-Based Chicken Nuggets go on sale today for a limited period, as Cargill and other alternative protein makers jostle for pole position in Asia.