Brief: Gates Foundation leads $707m investment in Dutch e-grocer Picnic
September 17, 2021
Picnic dispatches groceries from strategically located, automated hubs to its customers’ doorsteps using electric minivans.
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Category: FoodTech
Singapore plant-based producer Growthwell raises $22m in Creadev-led round
September 16, 2021
Growthwell said it’s working on “a new collection of seafood and chicken alternatives aimed at the growing number of flexitarians” across Asia.
The Week in Agrifoodtech: US eyes $7.8bn ag research investment; Spiber, SpotOn & Halter raise
September 15, 2021
Spiber is valued at $1.22 billion following this latest round – while SpotOn hit a post-money valuation of $3.15 billion, according to reports.
Meet the founder: Retailo’s Talha Ansari talks supply chain digitalization in the Middle East
September 15, 2021
“At Careem, we were barely scratching the surface. From tax filing [to] transportation, we realized no-one had tried to solve the problems of the retail industry.”
Brief: Meat accounts for more than half of food production’s greenhouse gas emissions, says study
September 15, 2021
Meat for human and animal consumption is responsible for 57% of food production’s emissions – with beef alone making up 25%.
Are restaurants ready to deploy delivery robots? Following $36m funding, Coco says yes
September 13, 2021
It distinguishes itself from other robo-delivery startups by relying on remote drivers instead of automation to pilot its robots through the streets.
Formo nets $50m for animal-free cheese fermented from microbes
September 13, 2021
The Berlin-based startup has set itself the target of replacing 10% of Europe’s dairy products with animal-free versions produced using precision fermentation by 2030.
Indonesian cloud kitchen startup Legit banks $3m seed funding
September 10, 2021
The Jakarta-based company says it wants to become “the leader in creating delivery-first food and beverage brands in Southeast Asia.”
Australia’s marine bioproducts industry is about to boom
September 10, 2021
Marine bioproducts derived from resources like algae could add $3 billion to the Australian economy by 2035 – while also building a more resilient food system.
Data Snapshot: 2021 set to break new record for agrifoodtech investment; $24bn raised in H1
September 9, 2021
While mega-deals involving seven Chinese e-Grocery startups accounted for $3.8 billion of H1’s figure, funding to other countries is still on track to outpace 2020 levels, according to the latest data from AgFunder.
Meet the GROW grads concocting climate-smart ag solutions with robots & seaweed
September 9, 2021
Don’t forget to register for the GROW Impact Accelerator’s virtual Demo Day taking place next week.
The Week in Agrifoodtech: Amazon launches agronomy in India & agroforestry in… the Amazon
September 8, 2021
In other news, Carbon Robotics, Plantible, and Olio raised big rounds.
VeggieVictory is making meat alternatives suited to African tastes
September 8, 2021
The Nigerian startup’s goal is two-fold: to offer affordable meat alternatives to African consumers, and to match local taste and texture preferences.
Pasarnow scores $3.3m seed funding to upgrade Indonesia’s fresh food supply chain
September 8, 2021
The Jakarta-based startup is relying on micro-fulfillment, refrigeration, and last-mile, ‘in-time’ delivery – as well as its 1,000-plus farmer partners – to do it.
Brief: EU greenlights insect-derived protein in pig & poultry feed
September 7, 2021
It’s “an instrumental step in upscaling the European insect sector,” according to industry group IPIFF.
India’s Proeon raises $2.4m seed funding to supply plant-based protein industry
September 7, 2021
The Pune-based startup aims to grow its presence in North America and Europe, including the establishment of an R&D facility in the Netherlands.
Brief: Amazon launches agronomy service for Indian farmers
September 3, 2021
The US tech giant also said it’s building “robust temperature-controlled supply chain infrastructure” to preserve food quality and reduce waste.
Data Snapshot: Florida, Michigan among leading US states by 2020 agrifoodtech investment
September 2, 2021
The State of the Agrifoodtech Union.
Stockeld Dreamery raises $20m Series A funding to expand plant-based cheese lineup
September 2, 2021
The Swedish startup plans to add spreadable and melt-friendly products to its range of cheeses fermented from fava bean and pea protein.
The Week in Agrifoodtech: Toast files for IPO, Pinduoduo commits $1.5bn to ag
September 1, 2021
The biggest headlines in agtech and foodtech over the past seven days.
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