The Week in Agrifoodtech: FreshRealm, Kitchen United score mega-deals in a downturn, Arable raises $40m
Normative bagged funds for its carbon reporting platform and old favorites like donuts and avocados got makeovers with sustainability in mind.
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.
Yeap Proteins is using yeast recovered from industrial sidestreams to produce a complete protein ingredient.
Circular economy startups addressing food waste, plastic alternatives and upcycling in Europe’s agrifood sector raised just 2.6% of VC funding last year.
Chief innovation officer Ethan Soloviev shares how his other day job – running a regenerative farm – informs his work at the impact intelligence platform.
Natasha Dhayagude, co-founder and CEO of Chinova Bioworks reveals to Agfunder her journey and maneuvering the bio-foodtech space
Phytolon, an Israel-based a developer of natural food colors via precision fermentation of yeast, will use the round to hone its technology and commercialize its products, pending regulatory approval.
Also: Israeli foodtech startup Phytolon landed $14.5 million, and two food delivery firms were raided by EU authorities over antitrust concerns.
The country saw four nine-figure US dollar funding deals last year – including two for startups working on cell-cultured meat.
“Our farmers are part of the value chain and we impart the importance of quality and preserving natural resources,” says co-founder Gianluca Franzoni.
Group CEO Manuel Bossi talks Asia plant-based opportunities, economic headwinds, and the pros and cons of family business setups.
Evolved Meats’ co-founders share how their startup makes whole-cut cultivated meat without scaffolding or binders.
Elsewhere, e-grocer Ocado raised $700 million from the public markets.
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International Fresh Produce Association launches year 3 of its produce accelerator