Data Snapshot: Latin American agrifoodtech saw more big-money deals in 2021, upstream & downstream
2021 was “a year of momentum for ag biotech and alternative proteins” in the region.
2021 was “a year of momentum for ag biotech and alternative proteins” in the region.
Ag carbon markets are becoming more viable thanks to smart program design and innovative tech, Matthew Guinness writes.
It also saw upstream agrifoodtech deal numbers surpass downstream deals for the first time, says Omnivore managing partner Mark Kahn.
A bioeconomy approach to the utilization and conservation of biological resources can lead to “better nutrition and more resilient livelihoods” in Africa.
Consolidated revenues for the St. Louis, Missouri-based crop genetics company increased 191% to $92.4 million for the quarter.
In 2021, eGrocery dominated dealmaking yet again; but upstream startups vastly increased their share of funding.
But early signs suggest a slowdown in 2022.
Most of the top deals involved eGrocers and Restaurant Marketplaces, highlighting the continent’s thirst for ‘quick commerce.’
Top Ag Biotech investment deals in 2021 covered gene editing, farm inputs, animal health solutions, and biofertilizers, among others.
A recent roundtable involving several of the country’s ag thought leaders – now published as a white paper – explored how the country’s farming sector can help us get to net zero.
The US government must do more to diversify food systems, support farmers, and fund research to make regen ag a climate solution.
Innovative Food was 2021’s most active agrifoodtech investment category, driven by mega-deals for the likes of Impossible Foods and Perfect Day.
It’s raising the insects on organic byproducts such as food waste, before converting them into proteins and oils for use in animal feed.
How does agrifoodtech’s share of VC funding compare to agrifood’s share of GDP in the US?
Peter Tasgal of Farmbook Project delves into the costs, benefits and other considerations for pursuing vertical farming in light of Agricool’s receivership.
Enabling wider access to manure management tech such as anaerobic digesters is necessary for reducing dairy emissions in the US.
Consumer-facing downstrream technologies bagged $32 billion in VC investment in 2021; the bulk of it was thanks to a few big eGrocery deals.
Alternative proteins have been touted as a solution to greening emissions-heavy food systems and have attracted billions in investment. But a new report warns they “will not save the planet.”
Venture funding across all sectors reached a record $643 billion in FY 2021 – and agrifoodtech’s $51.7 billion made up a significant chunk.
Food and ag offer significant emissions reduction opportunities; but only if changes are made to farming, eating, and everything in between, the report states.
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