AgFunder Network Partners

Category: Investment News

Brief: Jay-Z fund backs plant-based NUGGS maker Simulate

June 18, 2021

The hip hop mogul has invested in a number of agrifoodtech ventures, including Impossible Foods and Oatly.

Bushel acquires FarmLogs to integrate farm-level and supply chain data

June 16, 2021

Data can now flow back and forth between FarmLogs’ farm-level view of an operation, and Bushel’s post-farm gate appreciation of the supply chain.

Brief: Flagship closes $3.4bn fund to build ‘bioplatform’ companies in ag, nutrition & health

June 14, 2021

Fund VII takes Flagship’s total assets under management to $14.1 billion.

Why impact investor Astanor Ventures backed MiiMOSA’s ag financing platform

June 14, 2021

MiiMOSA recently raised $9 million in venture funding from Astanor and other investors in an effort to expand its market reach.

Brief: Chinese e-grocery giants Dingdong, Missfresh file for US IPOs

June 11, 2021

Both companies source fresh produce from farmers and agribusinesses and deliver it to consumers, who can order groceries through a mobile app.

Brief: Cargill CEO MacLennan says plant-based will ‘cannibalize’ its protein business

June 9, 2021

He also said that the agribusiness giant doesn’t expect China’s domestic livestock feed industry to become self-sufficient anytime soon.

Plant-based ‘NUGGS’ maker SIMULATE raises $50m from Ohanian fund, McCain Foods

June 8, 2021

The New York-based startup will use the funds to expand its team, accelerate new product development, and grow its manufacturing capabilities.

Plant-based ‘whole egg’ startup Float Foods scores seed funding from VCs, corporates

June 8, 2021

The Singaporean startup has created OnlyEg: a legumes-based ‘whole egg’ replacement that comprises a separate white and yolk.

After closing $27m maiden fund, Tenacious Ventures seeks to scale-up Australian agrifoodtech

June 4, 2021

Tenacious Ventures has invested $11.5 million in six startups so far, with a further 10 or so deals expected out of its newly closed fund.

Future Food 🎙️: Why Bayer’s former CEO joined a startup working on microbial crop protection

June 3, 2021

AgBiome is using its intricate understanding of the plant-related microbiome to develop biological solutions to infections, insects, and nematodes.

Quorn Pieces in a Cantonese sweet and sour

Quorn maker lists at $5bn valuation; plots US expansion of alt-protein portfolio

June 1, 2021

Monde Nissin raised just over $1 billion in its Philippines IPO – and is earmarking much of it for expansion in the US.

Sprout’s new CEO on what drew him to New Zealand – and why startups should follow him there

May 31, 2021

When New Zealand came calling, other agrifoodtech investors saw ‘just sheep and cows.’ But Gil Meron sensed one of the sector’s biggest opportunities.

Delhivery branded lorry pulling into depot

Brief: Delhivery raises $277m in pre-IPO round

May 31, 2021

It started out as a last-mile food delivery app in 2011 before branching out to become a ‘full stack’ logistics and fulfillment platform.

Jai Kisan’s fintech for farmers nets $30m Series A from Mirae Asset, Syngenta

May 30, 2021

The Mumbai-based startup says it has handled rural business transactions worth over $385 million during the past year, financing more than 15% of them itself.

Climate-conscious sovereign wealth funds opt for energy, transport investments over agrifood: study

May 28, 2021

Sovereign wealth funds are focusing on “property and infrastructure while multi-asset and whole portfolio approaches are still rare,” a new report says.

The Yield Lab Europe secures $61m for sustainable agrifoodtech fund

May 26, 2021

The fund has hit its second close following capital injections from the European Investment Fund, Invest-NL, and Allied Irish Banks, among others.

Invaio raises $89m to accelerate commercialization of its injectable bio-inputs

May 25, 2021

The Cambridge, Massachusetts-based startup combines active ingredients, a 3D-printed delivery system, and motor-function tech to combat pests and disease in orchards.

Here’s how Eat Just’s GOOD Meat will spend its latest $170m funding

May 24, 2021

Ramping up production capacity is the top priority for GOOD Meat as Eat Just CEO says regulatory approval is less of a hurdle.

Masan owns a majority stake in VinCommerce, including supermarket chain VinMart

Alibaba leads $400m investment in Vietnam e-grocery play following Korea’s SK $410m injection

May 24, 2021

The deal will see VinCommerce partner with the Chinese tech giant’s Lazada platform to build an e-grocery service in the country.

UPDATED: ProducePay scores $43m Series C funding from VCs, development banks

May 21, 2021

The Los Angeles-based startup will use the capital to expand its presence in Latin American markets, while also building out its tech and sales capabilities.