FoodShot Global looks back on five years of investment, innovation and taking big risks for the food system
The FoodShot Global team looks back on half a decade of agrifoodtech investment and hints at what’s in store for the next five years.
The FoodShot Global team looks back on half a decade of agrifoodtech investment and hints at what’s in store for the next five years.
Areas of interest include sustainable packaging, fermentation, agriculture biologicals, crop disease resistance, soil health and regenerative agriculture.
Triplebar’s system enables it to screen millions of mutations and optimize a yeast strain, for example, over many generations at record speed, effectively “running evolution at hyper-speed.”
French startup Amatera is developing a coffee variety with the resilience and yields of Robusta and the taste of Arabica.
Tyson will take a minority stake in Protix and fund further expansion of the latter’s insect protein business for animal feed and pet food.
San Diego-based cellular aquaculture startup BlueNalu has raised $33.5m in a series B round from “new and existing investors.”
This week, agrifoodtech investors placed bets on autonomous harvesting tech, plant-based whole cuts, an AI supply chain analyst, and a platform connecting spray drone supplies with demand.
Growth stage startups attracted 28.1% of funding pumped into in Africa’s agrifoodtech ecosystem in 2022 vs 10.3% in 2018, according to AgFunder’s new Africa AgriFoodTech Investment Report, 2023.
Pow.bio, a Berkeley-based startup promising to change the economics of precision fermentation by enabling a continuous process, has raised a $9.5m series A round led by Re:Food and Thia Ventures.
AI analyst Cersi combines clients’ supplier data with ‘climate, economic, currency and political risk signals’ to create actionable insights for supply chain analysts and procurement teams at Fortune 500 companies in real time.
While spray drone uptake in agriculture has been hampered by high costs and low capacity, speed and payloads are increasing continuously, says Rantizo.
Scentian Bio—a New Zealand-based startup making biosensors inspired by bugs—has raised a $2.1m seed round.
Atinary Technologies, a Swiss-American startup deploying machine learning to accelerate the materials discovery process, has raised a $5m seed round led by AgFunder.
Vietnamese edible insect startup Cricket One has opened what it claims is Asia’s largest cricket processing facility and closed a financing round led by Singapore-based investor Robert Alexander Stone.
Foodtech VC funding declined for the sixth consecutive quarter in Q2, 2023, dropping 13.9% vs Q1 and by more than 70% year-over-year, according to PitchBook data.
Humble Growth—a New York based growth equity investment firm launched by three CPG veterans—has closed a $312m fund to invest in ‘disruptive’ consumer brands.
Multi-stage impact investment firm Astanor will continue to invest in agrifood startups with a focus on sustainability.
Acquiring Biotrop gives Biobest an automatic entry into the South American market for biological crop products.
Azaneo is developing a quick-pulse, low-power electrical weeding technology it hopes will reduce dependence on chemical herbicides.
The proposed SPAC merger with Agrinam Acquisition Corp. values indoor farming tech company Freight Farms at $147 million.
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