With $4.5bn Google infusion, India’s Jio has raised $20bn in 3 months. Here’s the timeline
Backed by the likes of Facebook, Intel, and now Google, Reliance Industries’ Jio Platforms is an Indian agrifoodtech giant in the making.
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.
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
Moving towards more climate-resilient agriculture and food production was already imperative for India. The Covid-19 pandemic has made it even more urgent.
The Chengdu company is part of China’s booming trend in ‘new convenience foods,’ with online marketing channels such as livestreaming driving 55% of its sales.
Chemical fungicides are a tried and tested way to get rid of fungal outbreaks like powdery mildew and botrytis; but many of these are coming under scrutiny from consumers and regulators. So Biotalys is working to produce biological alternatives by mimicking the immune response of certain animals, such as llamas.
“We chose Unbox Capital over other funds because of their huge knowledge of digital transformation and disruption, which they can share with us,” said Rodrigo lafelices dos Santos, Solinftec’s CEO.
The startup is trying to create a clearinghouse for fresh perishable produce products and hopes to expand beyond the US to other top-producing regions.
Diversified Labs can identify over 600 pesticides, PCBs, dioxins, antibiotics, mycotoxins, and other chemical contaminants found in food, according to the company.
Institutional investors are increasingly looking to invest in important sectors that matter and food and agriculture is one of them, according to Kevin Schwartz.
A cold chain logistics automation startup scored $31m in funding while an app-based ingredients ordering platform for restaurants raised $33.5m.
Vertical Future plans to cut down London’s carbon ‘foodprint’ with its latest £4m seed round, led by impact investor Earthworm. Read on to find out more.
LeadX Capital Partners, which is backed by German retailer Metro Group, led the round, joined by the likes of Ingka Group (IKEA), Northzone, D-Ax, and Norrsken.
The firm closed the fund with new and existing investors from across the globe.
Indian VC firm Omnivore tells AFN that aquaculture tech app Aquaconnect has raised a $1.1m seed round from Omnivore and HATCH. Read on to find out more.
The Israeli agritech company FruitSpec — which is carving out a niche using hyperpectral imagery to count fruits —is set to officially close its $4 million Series A fundraise at the Agrivest conference in Tel Aviv on Tuesday. Get the scoop here!
Indian cloud kitchen giant Rebel Foods has raised $125m in Series D funding from Goldman Sachs, Sequoia Capital, Gojek, and others.
The statement calls asks corporations to tackle the financial risks associated with ongoing deforestation along their operations and global supply chains.
The startup supports the breeding and production of new plant varieties and seeds in hemp, coffee, and regulated cannabis.
Anaerobic digestion is already used widely in Europe where the population is more attuned to environmental concerns but also as there’s limited room for landfills, forcing businesses to find other solutions for food waste.