The Week in Agrifoodtech: Remilk raises $120m; ‘world’s first plant-based salmon fillet’ unveiled
Remilk was one of a bevvy of agrifoodtech startups to close funding rounds above or around the $100 million mark this week.
Remilk was one of a bevvy of agrifoodtech startups to close funding rounds above or around the $100 million mark this week.
The Shenzhen-based startup is about to open its first commercial-scale factory, which it says will bring prices of its plant-based products below those of animal equivalents.
The head of Olam’s spices business said that Brightseed’s data insights “will help us unlock the health potential and differentiation in our spice supply and fuel future innovation.”
The deal will allow the company to deliver its “improved” ingredients to plant-based protein producers more quickly, according to CEO Matt Crisp.
Elsewhere, soil-sensing company Stenon raised $20 million and John Deere showed off its first commercially available autonomous tractor.
Beyond Meat’s southern fried chicken analog will be available to diners at 4,000 KFC locations across the US from Monday.
The Annapolis, Maryland-based company uses microbes to convert agrifood byproducts into fuel and fertilizer.
The New Orleans-based firm discusses its approach to investing in early-stage companies in synthetic biology, supply chain tech, and cellular agriculture.
Here’s wishing all of our readers, sponsors, and supporters a very happy 2022!
It was another busy year for AFN’s external contributors. Here are our 20 most-read guest posts, by unique pageviews, over the past 12 months.
The top three deals of 2021 involved companies from China, India, and the US – and were focused on grocery, food retail, and logistics.
A growing number of startups are creating “climate-friendly” snacks that cut carbon and promote regenerative agriculture practices.
Global cropland has expanded 9% over the past 20 years, with Africa and South America seeing the greatest gains – and half coming at the expense of “natural vegetation and tree cover.”
E-grocery exploded during the Covid-19 pandemic. In Nigeria, Grocedy’s focus is on helping consumers save on rising food costs rather than shopping convenience.
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.