Nigeria, Egypt and Kenya collectively secured close to 90% of agrifoodtech investments in 2021, according to the Africa AgriFoodTech Investment Report by AgFunder.
The Nutrition Technologies system leverages black soldier fly larvae to produce proteins for animal feed and fertilizers.
The Africa Agrifoodtech Investment Report 2022 by AgFunder, FMO and BII reveals that $482.3 million was invested into the agrifoodtech industry in 2021
By partnering with Lavoro, David Friedberg’s company hopes to drive more agtech adoption by leveraging the ag retailer’s influence on farmers.
Alternative protein technologies like casein and whole-cut “meats” are the first investments from PeakBridge and Edmond de Rothschild Private Equity’s fund.
The deal strengthens the companies’ business model of selling surplus and ‘ugly’ foods to consumers at discounted prices.
Tridge, a South Korean B2B platform connecting buyers and sellers of fresh agricultural produce, is doing around $15m in sales per month, according to the company.
Indian insect biotech startup Loopworm secures $3.4m seed round led by Omnivore and WaterBridge to scale up research and development and production.
Vive Crop Protection, a Canadian developer of crop protection products, plans to hold a second close of the round later this year as other investors continue due diligence.
Cargill joins Sucafina, Olam International and other corporates investing in ProfilePrint’s AI-based tech platform that accelerates the food grading process.
Kenya’s iProcure closes $10.2 M in a Series B led by impact investor I&P
Ghana’s Wangara Green Ventures is an impact and climate focused fund supporting small and growing climate-friendly businesses.
Both plant-based and cultivated meats are marked as areas for R&D in China’s Five-Year Plan that sets economic goals for the country.
UM6P, the venture arm of the Moroccan university with the same name, says the deals are “investment-partnerships” as the two startups stand to benefit from scientific support and testing of their technologies at the university.
The Netherlands-based animal and fish feed producer has acquired close to 94% in Indian aquatech company Eruvaka as impact fund Omnivore and Eruvaka team exit.
The deal will enable CoverCress to further commercialize its namesake winter oilseed product and bring farmers another source of revenue.
When news hit about Oman’s central investment agency Oman Investment Authority partnering with a foodtech company – MycoTechnology – on protein supply, it was worth taking a closer look.
Agreena will bring Hummingbird’s remote monitoring, reporting, and verification (MRV) technology in-house to further scale and validate its carbon market.
Sustainable Farming is both under-funded and a major opportunity for investors wishing to get involved with climate tech.
The US alt-dairy startup has posted the winning ₹6.38 billion ($79.8 million) bid to take over Sterling Biotech, which entered liquidation in 2019.
