Better Meat Co gets $8.1m to ‘enhance’ animal products with its plant-based protein
It offers a white-label solution to food manufacturers who want to make their meat go further with healthier, more sustainable plant-based protein.
It offers a white-label solution to food manufacturers who want to make their meat go further with healthier, more sustainable plant-based protein.
UK Research & Innovation, the UK government’s tech grant body, has upped the amount handed out for its latest food production challenge. But grant success isn’t just about money.
Indian actors Genelia and Riteish Deshmukh launched Imagine Meats with Good Food Institute and Archer Daniels Midland support, marking the latest celebrity foray into agrifoodtech in recent months.
StepStone paid roughly $40m for the portfolio which includes FBN, plus a bit extra for follow-on investments in Fund I companies, according to calculations based off Campbell’s regulatory filings.
The round’s large close amid Covid-19 further cements Taranis’ reputation as a dogged drone survivor in one of the most scrutinized areas of agtech.
In Farmsave, FBN “saw a company that was deeply aligned with the same values [that] understands the role tech is going to play in the future of ag,” co-founder Charles Baron told AFN.
While the bulk of funding went to downstream categories in 2019, startups in the middle of the agrifood value chain are attracting more and more interest.
The Lagos-based startup seeks to bring some formality to Africa’s extensive, informal agrifood supply chain, by providing stakeholders with digital tools and mentoring.
Mori, a savvy sericulture startup spinning out of MIT and Tufts, has a plan to reduce food waste by effectively marinating sausages, strawberries or steaks with an imperceptible and edible micro-layer of silk-based proteins.
Few startups can say they’ve had an easy time fundraising this year. But Soplaya says the round it just closed was fast and painless, all things considered.
Backed by the likes of Facebook, Intel, and now Google, Reliance Industries’ Jio Platforms is an Indian agrifoodtech giant in the making.
Oatly’s new celebrity backers are becoming seasoned agrifood investors, with the Swedish alt-milk maker just the latest bet they’ve made in the space.
Infrastructure, crop cultivation, and logistics and distribution are set to be the leading areas for funding in the years ahead, says East Ventures partner Melisa Irene.
The Google for India Digitization Fund will invest in equity fundings, partnerships, and infrastructure in ag, health, and education, among other areas.
Perfect Day, a Californian startup using plants and fermentation techniques to manufacture animal-free dairy products, has expanded its Series C round to $300 million. Hawk
The media conglomerate and agribusiness giant have joined S2G Ventures and Skyline Global Partners to fund the Iowa startup, which offers a data-backed warranty service for farmers.
Recent funding for remote-sensing companies like AgroScout could signal a revival for providers of agri-drone technology.
Goterra is an on-site food waste management technology and service that disposes of waste via modular insect farms.
Dumpling turns the traditional gig economy on its head by putting personal shoppers at the center of the platform and incentivizing good customer service.
Between them, Singapore and Indonesia raised over five times the funding of all the other ASEAN countries put together.
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International Fresh Produce Association launches year 3 of its produce accelerator