“BIFT is a significant step forward in addressing the smallholder financing gap by unlocking much-needed private capital.”
Plus: M&S deploying drone tech, robotic grocery delivery, alt leather.
A paltry 2.8% of the world’s oceans are effectively protected, according to a new report from a consortium of NGOs and funders.
Regen ag pioneer AEA hopes to transition more growers in the region through a new partnership with Turkey-based precision ag company Topraq.
“We use side stream raw materials rather than dextrose as feedstocks, and our product doesn’t go through the cold chain,” says Enifer cofounder Simo Ellilä.
Antwerp-based FlyBlast has a stable black soldier fly breeding line that expresses human insulin “at very high yields,” claims CEO Johan Jacobs.
“For me, supply is the absolute constraint in this [mycoprotein] market right now,” says ENOUGH CEO Jim Laird.
Plus: Germany’s forward earth raises money for its environmental management software.
The “investment towards future partnership” will help transform the way cocoa is produced in a market where demand is expected to dramatically exceed supply in the coming years, claims the startup.
The JackFruit Company is growing at a double digit pace at a time when many other players in the alt meat segment are struggling, says founder and CEO Annie Ryu.
At Mosa Meat, says VP global public affairs Robert Jones, “We tightened our belts, we went back to the drawing board on the long-term strategic plan and got more focused.”
VCs need to think longer term and more realistically for future agtech investments, said panelists at World Agri-Tech London.
Eventually, says Andrew Ive at Big Idea Ventures, “It all shakes out and the less smart money decides to go chase the next opportunity. So we had foodtech, we had crypto, and now we have AI…”
Cultivated meat advances in S. Korea while the US sees more legal battles for plant-based meat labeling.
“If you bring big and small companies together in the wrong way, the bigger one tends to kill the smaller ones,” says Dr. Ian Noble.
Global demand for seafood is set to soar in the coming years, yet in the first half of 2024 funding was down 40% compared to the first half of 2023.
LanzaTech is in the engineering design phase for a pilot facility expected to be operational in 2026 and has developed a roadmap to commercial-scale production in 2028.
Kinoko-Tech, an Israeli startup specializing in fungi-based fermentation, has struck a deal with Metaphor Foods, the innovation arm of Hela, to produce its minimally-processed fermented foods in APAC.
Plus: Ecovative raises $28 million for alt-leather, Deliveroo exits Singapore
Multiple startups can now make casein proteins without cows. But do the unit economics add up? Israeli startup DairyX weighs in….
