Later-stage deals for food waste startups increased in 2022, while larger platforms are starting to acquire smaller solution providers.
Tevel is partnering with ag machinery manufacturers and integrating its robots and ground computing software system with harvesting machinery.
California startups raised nearly twice as much funding as the second-largest global market for VC investment in agrifoodtech.
Copper has been used as a fungicide since the 1800s with no pathogen resistance. VM Agritech builds on this ancient solution with a broad-spectrum, copper-and-zinc-based fungicide.
S2G will provide funding for startups in capital-intensive, asset-oriented industries including agriculture, energy and oceans.
Investors poured money almost equally into the Recycling and Prevention categories of food waste mitigation in 2022 in North America.
Investment from Mohammed VI Polytechnic University (UM6P) and the OCP Group will enable Bidra to expand the scope of its agrifood fund for climate startups.
The company’s freshly raised Series A funding will go towards expanding the reach of its remotely managed network of modular veritcal farms.
The soil carbon project which already has 2700 farmers on board will help farmers adopt climate smart ag practices while connecting them to carbon markets.
Innovators creating bio-based alternatives to synthetic, fossil fuel and animal-based products and materials are capturing investor attention.
2023 will be a pivotal year for cultivated meat, as a handful of well-capitalized startups hit the market and early-stage players wait with bated breath to see if consumers are sufficiently enthused to motivate anxious investors to keep funding the nascent space, said investors at the Future Food Tech conference.
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.
The Global Impact Investing Network (GIIN) has launched a new tool for agriculture impact investment funds to measure the impact of their investments against others.
eGrocery is still the biggest subsegment in agrifoodtech investing, attracting a cool $5.1 billion in funding in 2022. But that pales in comparison to the jaw-dropping $19 billion raised by food ecommerce startups in 2021, according to AgFunder’s new global investment report.
MITRA, an Indian manufacturer of fruit spraying equipment, has today been fully acquired by major automotive manufacturer Mahindra & Mahindra.
Sugar-eating microbes dominate industrial fermentation today. But algae will be the “predominant biomanufacturing platform of tomorrow,” predicts Australian startup Provectus Algae, which is unlocking the potential of photosynthetic algae to make high-value ingredients.
There’s still scope for innovation in boosting farmer producticity and efficiency as AFDB predicts 60% increased food insecurity.
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.
Global public debt, the highest seen in 60 years, is causing a spike in food insecurity, according to a new iPES Food report that exposes a debt and hunger loop forcing countries to choose between feeding people and repaying debt.
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets