Cultivated meat consolidation begins as UMAMI Bioworks to merge with Shiok Meats
Shiok Meats, which had raised more than $30m since 2018, couldn’t see a clear path forward under its own steam.
Shiok Meats, which had raised more than $30m since 2018, couldn’t see a clear path forward under its own steam.
Invaio and Peptyde Bio will be able to speed up development of and access to reliable, more sustainable crop protection.
Acquiring Biotrop gives Biobest an automatic entry into the South American market for biological crop products.
Longtime AppHarvest backer Equilibrium submitted the lone bid for the former’s 60-acre greenhouse facilities.
New York based LIVEKINDLY Collective (LKC) has expanded its plant-based portfolio with the acquisition of Glendale, California-based Alpha Foods.
Cibus Fund II has acquired greenhouse grower Duijvestijn Tomaten and launched a new platform for growing food indoors with renewable energy.
As an independent entity, Performance Livestock Analytics plans to grow its data analytics platform and expand to new markets.
UK-based alt meat brand VFC has acquired distressed meat-free brand Meatless Farm, which laid off most of its staff earlier this month after a key investor expected to provide a capital injection backed out.
The deal will create an agricultural giant and likely face regulatory scrutiny in certain countries including Argentina and Canada.
Restaurant tech startup Deliverect has acquired ChatFood, a startup specializing in digital tools to improve the dine-in experience and enable consumers to order food directly through social media apps.
Later-stage deals for food waste startups increased in 2022, while larger platforms are starting to acquire smaller solution providers.
Oatly raised $425m as it “moves towards reaching financial self-sufficiency,” cultivated meat startup Fork & Good opened a pilot plant in New Jersey, and Klimato secured €4.2 million ($4.5 million) to expand its platform to help restaurants report the carbon footprints of their cuisine.
MITRA, an Indian manufacturer of fruit spraying equipment, has today been fully acquired by major automotive manufacturer Mahindra & Mahindra.
Patagonia Provisions “fell in love” with Moonshot’s business, which is built around the concept of shorter supply chains and more traceable ingredients.
Tofurky’s new owner Morinaga Nutritional Foods paid north of $50m for the family-owned alt meat brand, one of the leading players in the US meat alternatives market, AFN has learned.
High-protein, low-sugar “complete nutrition” brand Soylent sees opportunities to expand its retail presence and improve marketing, according to its CEO.
Fresh from the recent acquisition of precision irrigation startup Tule, CropX explains how it balances M&A with internal development for agtech solutions.
Other recent distress signals suggest the big priority for vertical farming company Kalera in 2023 is about surviving rather than scaling.
The deal with Tule brings an additional layer of plant data and a foothold in the California speciality crops market to the table.
The top 10 climate tech deals in agrifood in 2022 were almost exclusively upstream startups in vertical farming, alternative proteins and ag biotech.
Sponsored
International Fresh Produce Association launches year 3 of its produce accelerator