The USDA-backed startup produces vapor-releasing sachets that extend the life of fresh produce when it’s in transit from the farm.
AgFunder’s China 2021 AgriFood Investment Report reveals that funding for the sector rose 66% last year to reach $6 billion in total.
Some tech tidbits from around the week’s wider food-o-sphere to finish off your Friday.
The plant-based burger maker is reportedly planning to go public within the next 12 months, either via a traditional IPO listing or a SPAC merger.
New Zealand’s Scentian Bio is using insect olfactory receptors to detect volatile compounds – and it believes its tech could prove invaluable for the food industry.
Singapore-based Trax was Southeast Asia’s highest-funded agrifoodtech startup in 2019, according to AgFunder data.
The proposed deal would value Grab at around $35 billion and could complete as soon as this week, according to people familiar with the matter.
The company said the facility in Jiaxing will “significantly increase” the speed, scale, and sustainability of distributing its products across the region.
The French startup uses AI to help supermarkets identify items near expiration and determine whether they should be discounted or donated to charity.
Swiggy also secured investment from sovereign wealth funds Qatar Investment Authority and Singapore’s GIC, according to an internal memo.
The Swedish startup – which recently filed for an IPO in the US – is building its first production facility in Asia to target China’s lucrative dairy products market.
We need entrepreneurs and thought leaders in regenerative food and agriculture to have a high RQ. Logan Yonavjak and Adrian Rodrigues tell us why.
Here are a few extra bits and bytes of agrifoodtech news from around the web this week.
The Netherlands startup is now eight years old. We catch up with CEO Maarten Bosch to find out about its next steps.
The Spanish ‘q-commerce’ app delivers takeout meals, groceries, and other items on demand to more than 10 million users across 20 European countries.
The UK-based food delivery app saw its share price nosedive by as much as 30% during its first day of trading on the London Stock Exchange yesterday.
Oishii is growing strawberries in vertical farms with the help of bees – and founder Hiroki Koga is taking his cue from none other than Elon Musk.
The app allows shoppers to form groups to collectively buy farm produce and other groceries in bulk at competitive prices.
AI that learns through ’embodied intelligence’ could boost agricultural resilience with its greater capacity to adapt to rapidly evolving climatic events.
The Japanese government has affirmed its “determination” that Sanatech Seed’s new tomato will be regulated as a GE, rather than a GMO, product.
