Rebel Foods previously raised $125 million from Coatue, Goldman Sachs, Gojek, and Uber co-founder Travis Kalanick in its Series D round last year. It’s now expanding to Southeast Asia and the Middle East.
The ’30×30 Express’ grant program will fund local agrifood players – including urban farmers – who can increase domestic output of eggs, fish, and leafy vegetables.
This latest investment comes as the e-grocer faces mounting demand for its delivery services from a locked-down India.
The South Korean e-grocer claims to have introduced the first end-to-end e-commerce cold chain in the country, and almost trebled its registered users last year.
The Japanese company was one of the top agrifood investors worldwide last year, and its Vision Fund has backed food and agriculture startups such as Plenty, Zume, and DoorDash.
Swiggy will use the capital to expand beyond its core offering of on-demand food delivery, while Alibaba-aligned archrival Zomato is also securing funds.
The BAT group of companies may have invested less in agrifood startups in 2019 than in previous years – but they’re still betting big on the sector.
Chilibeli’s agent network gives housewives the opportunity to re-sell fresh farm produce in their local communities at competitive prices.
As global venture capital is poised for a downturn, agri-foodtech investors observe the sector’s resilience and creativity amid near-term uncertainty.
With nearly €600k in cash, the investment group plans to make 10 investments before raising $2m-$4m in Q4. It’s also looking for acquisitions of brands that might struggle during the crisis.
Luckin Coffee scored one of China’s top agrifoodtech startup fundings just before its May IPO, while e-grocer MissFresh landed the country’s biggest deal.
TaniHub Group provides e-commerce, logistics, and financing services to Indonesian smallholders, helping them sell their produce to over 120,000 business and retail customers.
Alternative protein had a blockbuster year in 2019, doubling its 2018 funding dollars to $1 billion.
#SupportStartups collates a variety of special offers, discounts, and promotions from regional startups to drive traffic and boost revenues, while SEAcosystem is compiling a jobs database.
The brand recently raised a $2.7m seed round for its private-label snack line and platform helping other companies identify ingredients grown with regenerative practices.
Amatil X has invested in Kargo Technologies, a ‘truck-hailing’ platform that also counts Travis Kalanick’s VC firm as an investor.
Users can order health-conscious meals, groceries, and supplements through the Indian startup’s wellness marketplace.
The Singaporean startup’s blockchain platform offers enhanced supply chain visibility to the fruit industry – and it has Latin America in its sights.
The Bengaluru-based company is reported to have paid $20 million for the online milk-delivery specialist.
The third edition of AgFunder’s annual China AgriFood Startup Investing Report shows that the trade war and swine flu have taken a toll – but there are still plenty of reasons to be bullish.
