Foodtech unicorn Zomato ‘finalizing’ $600m round led by Ant Financial, Temasek: report
Indian food tech unicorn Zomato is said to be closing a $600m funding round, led by Temasek and Ant Financial, matching a similar move by rival, Swiggy.
Indian food tech unicorn Zomato is said to be closing a $600m funding round, led by Temasek and Ant Financial, matching a similar move by rival, Swiggy.
Just 8% of venture capital dollars invested in agri-foodtech in 2018 went to founding teams with at least one female, according to a new report by AgFunder, KK&P and The New Food Economy with support from S2G Ventures.
The firm closed the fund with new and existing investors from across the globe.
Evolv Ventures launched late last year as the venture arm of ketchup and mac-and-cheese behemoth Kraft Heinz with $100 million to invest in startups. We caught up with Steve Sanger, a partner at Evolv, to find out more about the fund’s strategy and his personal shift from startup to investor
The Vancouver-based venture capital firm has raised a further C$145 million to invest in environmental tech and sustainable consumer products, including organic food and alternative protein.
Indian VC firm Omnivore tells AFN that aquaculture tech app Aquaconnect has raised a $1.1m seed round from Omnivore and HATCH. Read on to find out more.
Indian cloud kitchen giant Rebel Foods has raised $125m in Series D funding from Goldman Sachs, Sequoia Capital, Gojek, and others.
Wherever we look, humans have consistently built technologies that surpass their animal predecessors. Cars replaced horses, petroleum replaced whales, tractors replaced oxen, telecommunications replaced carrier pigeons. Food may be next.
The 10 startups yield from Europe, India, and Chile, and will be making the most of the €15 million Rockstart recently raised to invest in them from early through to late stage.
“Bellwether Coffee has a dream team of sustainability and coffee experts and is addressing a large market ripe for improvement,” Nancy Pfund, managing partner at DBL Partners, tells AFN.
As the industry attracts more and more attention from mainstream investors, is this investment category here to stay, asks Danny O’Brien from Idea2Scale.
Cargill “gives peas more chances” with $75m investment into Puris. It also entered a JV with White Dog Labs to supply an alternative to unsustainable fishmeal to the aquaculture industry.
While cannabis investing might still seem like the Wild Wild West because its psychoactive component remains illegal at the federal level, there’s are some serious minds — and serious funds — dedicated to this space, including Mary Dimou.
From giving farmers access to their padi on their iPads, to taking the carb out of rice. Here’s five rice tech startups in Asia you need to know.
From the bustling streets of Bangkok and into labs in the APAC region, here’s how start-ups here are harnessing the power of the insect kingdom.
AFN speaks with Matias Peire, founder of Grid Exponential (GridX), a company builder focused on high-impact science and tech ideas in Argentina.
Dutch banking giant Rabobank is teaming up with impact investment firm Caspian to lend $2 million to India’s agtech startups, which are hot with venture capital firms, but not so much with banks.
A household name in the UK, the Grosvenor family can trace its ancestry back to William the Conqueror’s cousin and today Hugh Grosvenor, Duke of Westminster, is godfather to Prince George. No big deal then. But what’s the link to foodtech?
Regenerative agriculture is having a moment. For long-time regen ag practitioners and proponents, this is probably jarring. But having written about regenerative agriculture for five years now, I’ve never seen such engagement or our stories about this ultra-sustainable method of farming perform so well.
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