‘Massive impact on how we grow fresh produce.’ Why Astanor Ventures led $23m Source.ag Series A
Source.ag’s AI-based system creates “extreme efficiencies” in greenhouse production and improve food security and transparency, says Astanor.
Source.ag’s AI-based system creates “extreme efficiencies” in greenhouse production and improve food security and transparency, says Astanor.
The alternative protein sector was ‘overhyped, but now its demise is being over exaggerated,’ said investors at a recent industry event as the GFI unveiled results of a global investor survey suggesting a mood of cautious optimism.
Nine foodtech startups—from animal-free dairy companies to firms making meaty flavors for meat alternatives—have joined forces to create a new trade association: the Precision Fermentation Alliance.
Billions of dollars have flowed to precision fermentation and biomass fermentation companies in recent years, says Synonym Bio. “But achieving commercial adoption requires a network of large-scale infrastructure, which does not yet exist.”
Investors are reluctant to fund large-scale fermentation facilities before products are tested in the marketplace, says Superbrewed Food, which has paused plans to build out its own biomass fermentation plant in Minnesota and is now aiming to scale up with a partner so it can still enter the market this year.
Israeli startup Remilk—one of the best-funded players in the nascent animal-free dairy space—has hit pause on plans to build the world’s large-scale precision fermentation facility in Denmark and is instead ramping up production with a contract manufacturer in western Europe.
Other recent distress signals suggest the big priority for vertical farming company Kalera in 2023 is about surviving rather than scaling.
2022’s 10 most active food and agriculture technology venture capital firms were dominated by American firms with other leaders spread across Europe.
As many in the vertical farming industry struggle, tech companies, growers and academics weigh in on what must happen next in order to progress.
The top 10 climate tech deals in agrifood in 2022 were almost exclusively upstream startups in vertical farming, alternative proteins and ag biotech.
The company will shift all production to its Compton, California facility, thought it will continue to have a retail presence in the Bay Area.
Over the last year, we have seen a fierce and accelerating backlash against food tech. But it’s time to move on, writes Johan Jörgensen.
As demand for greater food security and traceability increases, so too will the size of the rounds for Novel Farming Systems in APAC.
Aquaconnect will use the new capital to build up its product portfolio for both pre-harvest and post-harvest services for the aquaculture industry.
Pink Farms aims to provide some or possibly all of its vertical farming technology to the grain and fiber production in the next 10 years.
No farmers. No food. No future. That is the saying that reminds us to value not just where our food comes from, but the farmers that grow it for us, writes Henry Gordon-Smith as an introduction to deep research his team has done into labor shortage in the Middle East.
From space bakeries to bioreactors, here’s what excites Urban Crop Solutions’ founder Maarten Vandecruys about controlled environment agriculture.
Vertical farms in Calgary and Montreal will enable GoodLeaf Farms to serve Canadian customers coast to coast starting in 2023.
The FlyFeed founder describes his journey from working at SaaS startups to building his own insect protein company to combat global hunger.
Berlin, Germany-based Infarm cites skyrocketing energy prices and the wider downturn as reasons for these latest cuts for indoor farming.
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International Fresh Produce Association launches year 3 of its produce accelerator