It’s the fourth fundraise of 2020 for the Chinese startup, which allows end customers and businesses to team up and purchase produce in bulk from farmers.
Patrick Morris, CEO of the Vancouver-based foodtech fund, tells AFN why it decided to go down the IPO route – and what it has planned for the future.
Phood’s back-of-house hardware and software system serves as a measurement tool for kitchen crews to help them figure out exactly what is being wasted.
The Californian startup makes plant-based, organic formulas that can be used for tube feeding patients with chronic illnesses.
As 2020 draws to a close, trends identified by Ai Palette suggest that Covid-19 will have a long-lasting impact on Asia’s food preferences.
The US firm is establishing its Global Sustainability Innovation Center in Singapore; while spin-out Bain Capital has raised $800m for its second impact fund.
“In industries like aerospace and manufacturing, Singapore provides vital components for other countries. There’s no reason we can’t do the same for alt-proteins.”
The New York startup ‘upcycles’ organic compounds from unrecoverable vegetable food waste, generating water-soluble, organic hydroponic nutrients for soilless farms.
It has just launched a burger made from house crickets plus a few plant-based ingredients; consumers couldn’t differentiate it from beef, the startup claims.
Agricultural strength, entrepreneurial focus, and collaboration continue to drive growth despite unprecedented challenges.
OurCrowd is teaming up with agtech accelerator Sprout to take a little of the ‘Startup Nation’ magic down under.
John Legend and Natalie Portman have backed the San Francisco startup, which also announced a new plant that will increase production of its mycelium-based leather alternative by 10x.
VEAT, which sells plant-based meals out of its vending machines, is rolling out across Stockholm – with other European cities in its sights.
The Buenos Aires-based accelerator has selected four startups for its latest program, which is adopting a virtual format amid Covid-19.
With the new business unit, Canadian telecom giant Telus is aiming to provide tech solutions across the entire agrifood supply chain.
Unfold launched in August with $30m in funding from Bayer and Temasek. John Purcell, CEO and Bayer’s former vegetable R&D chief, has had a busy few months.
The Dutch startup has created a fungi-based alternative protein called Fermotein which is pending regulatory approval in the EU and the US.
Investor network FAIRR concludes that 86% of major meat, egg, and dairy suppliers are failing to declare greenhouse gas emissions or set meaningful reduction targets.
Covid-19 is forcing CPG startups to craft new ways to tell their stories, promote their values, and produce content that instigates action through D2C channels.
A recent EU court case on dairy labeling means now is the time for businesses across the agrifood supply chain to come together and self-regulate on issues such as traceability and sustainability.
