Brief: AppHarvest completes SPAC merger to go public at $1bn+ valuation
February 2, 2021
AppHarvest is the first CEA tech company to go public in the US, and is one of just a handful of agrifoodtech startup IPOs to date.
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Category: FoodTech
Ex-Impossible Foods VP Dana Worth on his new role at Plenty & the future of indoor farming
February 1, 2021
After six years at Impossible Foods, Dana Worth is joining CEA startup Plenty as senior vice president – just as indoor farming begins to really heat up.
Japfa Feeds the Future launches to tackle the most pressing issues in Asia’s livestock industry
February 1, 2021
Japfa Feeds the Future is an innovation challenge run by agrifood giant Japfa and AgFunder-backed GROW, and is open to startups worldwide.
Farm-to-factory cold chain platform Xianshenghuo hauls in $93m for Series A round
February 1, 2021
The Chengdu startup can “grow into a benchmark enterprise in the industry” thanks to its tech-led approach to transporting farm produce, said one investor.
Brief: Covid-19 builds consumer trust in food system; sustainability skepticism remains – EIT Food
January 28, 2021
A new report from EIT Food suggests that consumer trust in the food sector increased during Covid-19 – but consumers are skeptical of industry intentions.
7 questions with Kate Campbell, Organic Valley’s new data science chief
January 28, 2021
After 17 years with Organic Valley, Kate Campbell is moving into an executive leadership position to milk the most out of the dairy co-op’s data.
BRIEF: India’s UPL partners with grain monitoring startup TeleSense to reduce food waste
January 28, 2021
TeleSense is partnering with UPL, which will deploy the US startup’s grain storage monitoring tech in an effort to reduce spoilage and waste.
Brief: Wolt raises $530m to grow on-demand delivery ‘beyond the restaurant’
January 28, 2021
Like many of its peers, the Finnish food delivery app has diversified into groceries and other goods during the Covid-19 pandemic.
Anti-allergy startup Ukko scores $40m in Bayer-led Series B
January 27, 2021
The Israeli startup is using a combination of AI and bio-engineering to develop functional ingredients and therapeutics for people with gluten and peanut allergies.
Brief: Beyond Meat & PepsiCo form plant-based snacks JV
January 26, 2021
The PLANeT Partnership will allow Beyond Meat to reach more consumers and enter new product categories, while PepsiCo gets a bite of the booming alt-protein market.
Vietnam’s biggest fish exporter launches venture unit, invests in cultured seafood startup Avant
January 26, 2021
Vinh Hoan’s new Vinh Technology division will “access strategic opportunities in agritech, foodtech, and biotech” as well as alt-protein, it said.
EXCLUSIVE: Food testing startup SwissDeCode nets $4.2m from VisVires New Protein, EIT Food
January 25, 2021
The Swiss biotech startup offers a rapid test that provides ISO-certified results in minutes and is “as simple as making an espresso” for its customers.
Startup Spotlight: Advantir wants to make your ice cream more creative, convenient & contactless
January 25, 2021
Freshly funded Advantir Innovations is riding the wave of interest in contactless foodtech with Swirl.GO, its smart soft-serve machine.
BlueNalu sets sights on Asia after raising cultured seafood’s biggest round yet
January 22, 2021
The US startup will use the convertible note financing to complete its pilot production facility in San Diego. But its next factory could very well be in Asia, says CEO Lou Cooperhouse.
Spirited away: How the alcohol-free trend is stirring up the liquor aisle
January 20, 2021
Startups are stirring up a new class of alcohol-free beverages that taste, smell, and bite like booze – and consumers are saying cheers to the idea.
Why we invested in Purissima
January 20, 2021
Purissima intends to fundamentally change the production and consumption of bioactive ingredients that can help us to live longer, healthier lives.
GROW Impact Accelerator invites applications from startups fostering food sustainability
January 19, 2021
Supported by AgFunder and Enterprise Singapore, GROW is advancing innovation, sustainability, and resilience in the agrifood ecosystem.
BRIEF: On-demand delivery apps Getir & Glovo get $100m+ apiece in ‘dark store’ drive
January 19, 2021
Spain’s Glovo and Turkey’s Getir are both targeting the boom in demand for so-called ‘q-commerce’ – ultra-quick, 30-minute-max delivery of groceries purchased online.
Cargill open-sources Splinter, its ‘blockchain-like’ supply chain software
January 18, 2021
Cargill hopes Splinter can make supply chain collaboration the new industry norm – using blockchain’s best bits, while keeping competitive info under wraps.
Brief: Deliveroo raises $180m in pre-IPO funding at $7bn valuation
January 18, 2021
The UK app said it’ll use the capital to grow its ‘dark kitchen’ network and grocery delivery business, confirming its IPO plans publicly for the first time.
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