EXCLUSIVE: Shell, Merck Animal Health back regenerative agtech Vence for carbon & traceability capabilities
The corporates were attracted by Vence’s regenerative ag and sustainability credentials, according to CEO Frank Wootten.
The corporates were attracted by Vence’s regenerative ag and sustainability credentials, according to CEO Frank Wootten.
The startup recently raised $10 million in a seed round led by Acre Venture Partners.
Bayer realized it was spending too much time on the logistics of connecting with API partners, writes Leaf’s CEO.
Check out AFN’s list of corporate climate commitments, net-zero pledges, and regen ag initiatives.
A few months ago, Bayer and Microsoft announced a partnership. Our article about it went quasi-viral and spurred a number of responses. Here’s what the industry said.
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
The Argentine startup will use the funds to strengthen its e-commerce and fintech offerings, as well as for growing its footprint in Brazil.
Infarm is doubling down on its Growing Centres with a target to have 100 across 20 countries by 2030. The Qatar Investment Authority will work with it to build the emirate’s first Growing Centre by 2023.
The pair said they’re partnering to “fix the freezer aisle and provide plant-based, environmentally responsible, positive food choices” globally.
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.
“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?
An ADM spokesperson told AFN that it was “the first major food and ag company to have been invited to invest in FBN.”
The world’s largest meat processor plans to acquire a majority stake in Spanish cultivated meat company BioTech Foods.
Cooperative Ventures will seek out startups in three core investment areas: crop production, supply chain, and sustainability.
The Shanghai-based firm has also signed Adisseo, Temasek, and UAE government-linked investor ADQ as LPs for its new China-focused fund.
The Asia Sustainable Foods Platform will co-invest $22.2 million alongside Singapore’s national R&D agency into the new Food Tech Innovation Center.
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International Fresh Produce Association launches year 3 of its produce accelerator