Bits x Bites raises $30m for new China fund, backs biotech startup Mojia Bio
The Shanghai-based firm has joined the Series A round of Mojia Bio, which synthesizes essential nutrients for human and animal consumption.
The Shanghai-based firm has joined the Series A round of Mojia Bio, which synthesizes essential nutrients for human and animal consumption.
“There’s an abundance of need for what they do,” Prince Khaled, Saudi royal and new investor in the Oakland-based startup, told AFN.
The outdoor apparel brand has sponsored a report which identifies the barriers preventing US farmers from adopting regenerative ag practices more widely.
The Emeryville, California startup has been developing biological analytics of soil DNA data to offer farmers crop protection insights and forecasts.
Bovine mastitis is a major financial and welfare problem for dairy farmers, but standard antibiotic treatments are increasingly controversial.
Fund II is timely given “scarcity of sector-focused growth capital and challenges and opportunities created by Covid-19,” managing partner Phil Erlanger told AFN.
London insect farming startup Entocycle will lead the project, which will aim to build a facility that rears black soldier flies by the millions.
Istanbul-based Tarfin offers access to extended payments for smallholder farmers, and creates pools of receivables for institutional investors as asset-backed securities.
The round was led by The Rise Fund – a unit of US private equity giant TPG Capital – and Swire Pacific, an arm of Hong Kong trading house Swire.
BlackRock recently relaunched its BGF World Agriculture vehicle as the more broadly themed, sustainability-focused BGF Nutrition Fund.
The Canadian startup provides solar-powered, self-cleaning sensors that can keep track of livestock feed levels in real time.
Colorado-based Bond Pet Foods just secured bridge financing to take its total funding to date to $2 million.
The Indonesian startup seeks to optimize land and sea transportation, freight forwarding, warehousing, and cold storage for clients including Unilever and Indofood.
Two $100-million fund announcements and a spate of deals in August signal growth in sustainable seafood and aquaculture investment opportunities.
FTW Ventures has just unveiled a new $4 million fund, with food and ag biosciences and automation among the areas it’s targeting for investment.
SP Ventures’ new fund will focus on seed and Series A-stage deals across a variety of sectors in Latin America’s agrifoodtech sector.
EIT Food will inject $6.45 million into 13 agrifood startups to ride out the Covid-19 crisis – something CEO Andy Zynga calls “a vital lifeline” for its recipients.
It may be smaller than previous rounds; but with another big-name backer on board and demand rising, the plant-based protein maker still has plenty to be happy about.
Named Unfold, the new venture has received $30 million in funding from the two companies, along with rights to germplasm from Bayer’s vegetable portfolio.
The need to revolutionize our food system is becoming critical. The problems are manifold and acute.