Australia’s Jupiter Ionics says it has found a way to produce ammonia – a key fertilizer ingredient – on-demand, using only air, water, and renewable electricity.
CEO Anthony Tan said the company will invest part of the proceeds into mapping tech in order to “deliver groceries more efficiently.”
Trella, Capiter, and MaxAB are among dozens of startups that have raised funding of late to overhaul Egypt’s fragmented and inefficient B2B logistics space.
Many of big deals during H1 involved startups automating simple, everyday tasks within broader agricultural operations.
The Series A round led by Collaborative Fund will allow the Boston-based startup to enhance its ‘liquidation platform’ that helps CPG brands reduce food waste.
Vestkorn Milling supplies proteins, fibers, and starches to manufacturers of plant-based meat alternatives, pet foods, and animal feed.
Ho Ren Hua also announced the launch of Thai Wah Ventures, which will invest in startups working across agritech, supply chain, bioplastics, and novel ingredients.
The Berlin-based company will launch its liquid egg alternative in Germany and several other European countries early next year.
They’ll work together on The Yield LatAm Opportunity Fund, a new vehicle which will invest in roughly 30 companies in the region over the next five years.
Global agrifoodtech funding is still dominated by the US – but a few massive deals in China, India, and other countries are stealing a greater share.
The South African private equity firm’s second fund invests in the tech enablement of Africa’s SME agribusinesses – the backbone of the continent’s agriculture sector.
The Hamilton, Montana-based company claims its produce reaches shelves “in record time post-harvest” due to its facility’s proximity to retail partners.
The Canadian telco’s social impact fund boosts the number of agtech startups in its portfolio with this latest round of investments.
“In seeking Series A investors, we were intentional about collaborating with experienced food industry professionals,” says CEO Matt Gibson.
“Given we are operating in crops like palm, coffee, [and] pepper, we see the Southeast Asia region as a massive opportunity,” says co-founder Shailendra Tiwari.
In a sign of the times, an agrifood exec was invited to deliver the opening keynote at Singapore’s annual tech festival.
It’s the norm for journalists to be skeptical of corporate partnering announcements. But am I reading too much into this one?
The San Francisco-based company will use the Series A funds to grow its team and further develop its “proprietary” food preparation platform.
Kenya has emerged as a hotspot for agtech innovation in Africa, developing more than 100 solutions driving growth, productivity and sustainability in the agricultural sector.
An ADM spokesperson told AFN that it was “the first major food and ag company to have been invited to invest in FBN.”
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