Brief: ADM, Tyson back cultivated meat company Future Meat in record-breaking $347m round
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
Catering startup ezCater kicked its valuation over $1 billion, alt-protein funding proliferated, and José Andrés started championing cultivated meat.
The latest edition of AgFunder’s India Agrifood Startup Investment Report, released today, also reveals that food delivery platforms raked in the most dollars during a difficult year.
Symbotic said it’ll use the proceeds to “accelerate its growth plans” and “efficiently deliver on its contracted backlog.”
This year’s Nutrition for Growth Summit, held in Olympic host city Tokyo, provided a platform from which to accelerate global progress on malnutrition.
Ag marketplace Agrostar scored $70 million while delivery and transport app Ola bagged $139 million as Indian startups led in the funding stakes this week.
The pair said they’re partnering to “fix the freezer aisle and provide plant-based, environmentally responsible, positive food choices” globally.
The Lagos-based startup is aiming to make the country’s food supply chain much more predictable for stakeholders by using data, drivers, and loans.
The San Francisco precision fermentation company will scale up its process for brewing animal-free egg proteins and other high-functioning ingredients.
Cellular agriculture startups aim to solve agrifood’s biggest sustainability problems. But smallholders must be part of the solution, writes Saron Berhane.
CEO Anthony Tan said the company will invest part of the proceeds into mapping tech in order to “deliver groceries more efficiently.”
Restaurant tech platform Mr Yum and indoor gardening startup Back To The Land both announced Series A rounds over the past seven days.
Trella, Capiter, and MaxAB are among dozens of startups that have raised funding of late to overhaul Egypt’s fragmented and inefficient B2B logistics space.
The FAIRR Protein Producer Index has just been published for the fourth time; and many of the world’s major meat and dairy companies still have a lot to do.
The Series A round led by Collaborative Fund will allow the Boston-based startup to enhance its ‘liquidation platform’ that helps CPG brands reduce food waste.
EIT Food, which conducted the survey, is calling for 25% of the EU’s agricultural land to be managed under regenerative practices by 2030.
The New York-based startup will use the Series A funding to scale up its platform that provides traceability and food preservation tools in then form of spray-on microbes.
Vestkorn Milling supplies proteins, fibers, and starches to manufacturers of plant-based meat alternatives, pet foods, and animal feed.
Ho Ren Hua also announced the launch of Thai Wah Ventures, which will invest in startups working across agritech, supply chain, bioplastics, and novel ingredients.
RWDC raised nearly $100 million to advance its sustainable bioplastics; while milk alternative startups New Culture and Helaina both scored funding.