Mercy Corps Ventures is testing blockchain to get cash transfers to pastoral communities in Africa ahead of climate shocks.
Vietnamese edible insect startup Cricket One has opened what it claims is Asia’s largest cricket processing facility and closed a financing round led by Singapore-based investor Robert Alexander Stone.
Gas fermentation startup Solar Foods is gearing up to open a new plant to demonstrate its technology at larger scale.
GROW accelerator startups Amatera and OlsAro are adopting approaches that both accelerate the breeding process for climate-resilient crops and ease their regulatory path.
Foodtech VC funding declined for the sixth consecutive quarter in Q2, 2023, dropping 13.9% vs Q1 and by more than 70% year-over-year, according to PitchBook data.
Kenya, Nigeria and Egypt cumulatively raised 86% of all funding in 2022 for African agrifoodtech startups.
London-based startup Hoxton Farms has opened a pilot facility to make cultivated fat, the ‘magic ingredient that makes meat smell, brown, sizzle, and taste incredible…’
Biotech startup Modern Synthesis and Danish fashion brand GANNI have teamed up to create GANNI’s signature ‘Bou Bag’ using a leather-alternative produced, in part, by bacteria.
There’s a lot of talk, but rather less action on regenerative agriculture from some agrifood companies, says a new report from the FAIRR investor network.
Humble Growth—a New York based growth equity investment firm launched by three CPG veterans—has closed a $312m fund to invest in ‘disruptive’ consumer brands.
Entrepreneurship is a “bit like manic depression, without the pills,” say the founders of Israel’s Fresh Start incubator. “You go up and you go down, so you have to have a certain ability to move on through the challenges and frustrations.”
Given the “fragility of its financial situation and the weak consumption patterns in the meat alternatives category,” Beyond Meat faces an “existential threat,” say analysts at TD Cowen.
UPSIDE Foods aims to break ground on a commercial-scale cultivated meat facility in Glenview, Illinois, later this year that will become operational in 2025.
African agrifoodtech investment declined 77% year on year in the first half of 2023 as global macroeconomic trends curtailed growth.
Two or three years ago, investors were throwing bucketloads of cash at foodtech companies, particularly those in alt proteins. Not any more. So what’s changed?
Alt meat startup Meati Foods has embarked on its second round of layoffs in three months but says its confidence in its long-term prospects remains ‘unwavering.’
eGrocery and Cloud Retail Infrastructure continue to lead Latin America agrifoodtech investment, despite the global macro-trends elsewhere.
As smartphones have proliferated and technological advancements have enabled more transparency around agricultural products and pricing, farmers are gaining more trust in online tools as a means to do business and improve their finances.
Artificial intelligence is transforming everything from drug discovery to customer service. But what does it mean for the food industry? Peakbridge takes a deep dive…
Like everything else, food is political. But becoming embroiled in the culture war isn’t good for alt meat, says the CEO of Impossible Foods.
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