Consumer-facing downstrream technologies bagged $32 billion in VC investment in 2021; the bulk of it was thanks to a few big eGrocery deals.
If you’ve met John Kempf you’ll remember. He’s on a mission to transition 80% of the world’s farms to regenerative agriculture by 2040.
The crisis in Ukraine has damaged an already weakened post-Covid global food system. It has also highlighted the vulnerabilities of that system’s interconnectedness, write FAIRR’s Helena Wright and Alexander Burr.
The 10 latest startups to join the GROW Impact Accelerator include tech solutions for protein deficiency, beekeeping, and livestock antibiotic resistance.
Venture funding across all sectors reached a record $643 billion in FY 2021 – and agrifoodtech’s $51.7 billion made up a significant chunk.
Jerky might seem like a strange choice, but it aligns with Beyond Meat’s mission to increase its retail sales in 2022.
The Coloradan startup claims its mycelium-based fermentation tech can enhance the flavor, functionality, and nutritional profile of plant-based meat analogs.
China’s Furong Xingsheng and rapid delivery services in the US, Germany, and Turkey made eGrocery the most funded agrifoodtech category of 2021.
Nigeria’s ThriveAgric and Kenya’s Apollo Agriculture raised close to $100 million between them this week in a watershed moment for African agrifoodtech.
Venture investors pumped $51.7 billion into agrifoodtech startups in 2021, according to AgFunder’s latest global investment report.
Fund IV will invest in seed and Series A rounds with a focus on impactful themes such as decarbonization, farm automation, and food-as-medicine.
CGIAR’s Alliance of Biodiversity International aims to “climate-proof” tropical food systems through its brand-new plant genebank.
Late-stage investment into European agrifoodtech ventures totalled $476 million in 2020 – less than a third of what they raised the previous year.
It’ll now be able to back more high-growth, ‘mid-cap’ agribusinesses aiming to become regional and global players, says chief investment officer Chris Isaac.
The corporates were attracted by Vence’s regenerative ag and sustainability credentials, according to CEO Frank Wootten.
The region is still not among the top destinations for climate tech capital, despite its huge potential.
Lowercarbon Capital led the round.
The startup recently raised $10 million in a seed round led by Acre Venture Partners.
The Jakarta-based startup links sellers of fertilizers, seeds, and other inputs with local ag stores that serve smallholder farmers across Indonesia.
Latin America and the Middle East also saw their respective shares of global alt-protein funding increase year-on-year.
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