It’ll use the Series A capital to hire talent and build an in-house facility to create larger quantities of its ingredients for food manufacturers.
The Chicago-based company will use the funds to commercialize its seafood analogs made with microbial fermentation.
FMO is partnering with AFN to launch a dedicated Africa news edition, strengthening Africa’s agrifoodtech ecosystem through knowledge-sharing and research.
The country will double-down on agtech innovations in areas such as soil carbon sequestration and livestock feed to achieve the target.
The US fresh produce platform will use the funds to “turbocharge our software and services growth and extend our e-commerce reach from coast to coast,” said CEO Mike Xu.
His startup aims to combine the nutrients of traditional whey powder with a taste that’s superior to existing plant-based offerings.
It aims to “get cell-cultured meat onto the tables of Chinese consumers, providing them with healthier, safer, and lower-carbon meat products,” according to co-founder Ding Shijie.
Biomilq, Cometeer, and WayCool were among the startups raising big-ticket rounds this week.
Foods from the lab, such as cultivated meat, drove a greater amount of early-stage investment in upstream technologies and business models in the first half of 2021.
Freshmart was founded in 2016 and claims to have an 18-20% share of the online food market in Peru.
Global Incubator Programme – Gateway to Asia will help eight UK agrifood startups develop a roadmap to remotely establish their in-market presence in the region.
SHO safflower produced Down Under is “a quantum leap ahead for farming [that] benefits growers, industry, and consumers,” said GO Resources’ David Hudson.
But Danish Crown’s Jais Valeur expects pork production to remain at present levels into the future because it’s “a good bet for a climate-friendly protein.”
The Food Waste Landscape Market Map, compiled by nonprofit ReFED, spans the entire value chain to help guide the food system with solution implementation.
Chew’s Plant-Based Burger Report Card found the Beyond Burger to smell like “pet food,” while Impossible’s effort is “more reminiscent of liver.”
The Stockholm-based startup claims its platform has tracked over 8,000 suppliers, 250,000 products, and goods worth more than $12 billion to date.
Rebel Foods scored capital from the likes of Qatar Investment Authority and Coatue as it preps for an IPO, while ReshaMandi raised $30 million.
Animal agriculture can become a more sustainable enterprise with the help of technology, investment, and entrepreneurialism.
While investment in eGrocery services increased substantially, especially in China, the return of foot traffic to brick and mortar retailers and restaurants saw investment double in technologies servicing them.
The ocean industry could be as big as the burgeoning space industry so long as investment and innovation are focused on sustainability, writes guest author Tony Chen.
