
FoodShot Global takes on one of the world’s most underinvested resources: water
Water remains one of the most undervalued and underinvested resources in agrifood innovation despite its intrinsic role in the food system.
Water remains one of the most undervalued and underinvested resources in agrifood innovation despite its intrinsic role in the food system.
Apps helping us find the perfect love match are ubiquitous. But there are precious few online tools to help biotech companies find the perfect contract research organization (CRO), says Cromatic.
The FoodShot Global team looks back on half a decade of agrifoodtech investment and hints at what’s in store for the next five years.
Areas of interest include sustainable packaging, fermentation, agriculture biologicals, crop disease resistance, soil health and regenerative agriculture.
Triplebar’s system enables it to screen millions of mutations and optimize a yeast strain, for example, over many generations at record speed, effectively “running evolution at hyper-speed.”
French startup Amatera is developing a coffee variety with the resilience and yields of Robusta and the taste of Arabica.
Tyson will take a minority stake in Protix and fund further expansion of the latter’s insect protein business for animal feed and pet food.
San Diego-based cellular aquaculture startup BlueNalu has raised $33.5m in a series B round from “new and existing investors.”
This week, agrifoodtech investors placed bets on autonomous harvesting tech, plant-based whole cuts, an AI supply chain analyst, and a platform connecting spray drone supplies with demand.
Growth stage startups attracted 28.1% of funding pumped into in Africa’s agrifoodtech ecosystem in 2022 vs 10.3% in 2018, according to AgFunder’s new Africa AgriFoodTech Investment Report, 2023.
Pow.bio, a Berkeley-based startup promising to change the economics of precision fermentation by enabling a continuous process, has raised a $9.5m series A round led by Re:Food and Thia Ventures.
AI analyst Cersi combines clients’ supplier data with ‘climate, economic, currency and political risk signals’ to create actionable insights for supply chain analysts and procurement teams at Fortune 500 companies in real time.
While spray drone uptake in agriculture has been hampered by high costs and low capacity, speed and payloads are increasing continuously, says Rantizo.
Scentian Bio—a New Zealand-based startup making biosensors inspired by bugs—has raised a $2.1m seed round.
Atinary Technologies, a Swiss-American startup deploying machine learning to accelerate the materials discovery process, has raised a $5m seed round led by AgFunder.
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.
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.
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.
Multi-stage impact investment firm Astanor will continue to invest in agrifood startups with a focus on sustainability.
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?