Copenhagen is one of several markets impacted economic headwinds and Infarm’s decision to focus on markets headed towards profitability.
Ÿnsect will shutter its Netherlands facility and shift from animal feed production to pet feed as the company strives for profitability.
Singrow will expand availability of its genomics-based indoor farming system that produces climate-resilient produce to bolster food security.
‘Jaundiced’ investors that jumped into indoor ag hoping to make a fast buck have got their fingers burned, says Revol Greens CEO Michael Wainscott. “Agriculture is slow, biology is slow, and capital has to reflect that.”
The now-defunct startup’s former VP Chris Cerveny says everything from timing to funding to how automation gets deployed can impact a farm’s lifespan.
S2G will provide funding for startups in capital-intensive, asset-oriented industries including agriculture, energy and oceans.
The company’s freshly raised Series A funding will go towards expanding the reach of its remotely managed network of modular veritcal farms.
Through a novel patent-pending process, ARC Ento Tech is turning waste into animal feeds, fertilizers and a reductant that could replace coking coal.
Innovators creating bio-based alternatives to synthetic, fossil fuel and animal-based products and materials are capturing investor attention.
As pricing parity gets closer to conventionally grown produce, focus on demand attributes will be increasingly important to the whole industry.
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.
If crickets—which pack an attractive nutritional punch with a low environmental impact—are going to gain traction in the alternative protein market, two things must happen, says Aspire Food Group. Costs must come down and supplies of consistent, high-quality raw material must go up.
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.
Israeli startup Plantae Bioscience uses CRISPR gene editing techniques to slash levels of bitter-tasting saponins in yellow peas, addressing a major pain point in the plant protein industry.
New agritech innovations in vertical farming and indoor ag need to be integrated into existing agricultural operations, establishing a hybrid system.
Speakers at this year’s Indoor Ag-Con offered the indoor farming industry insights, predictions and some major reality checks about the future.
Israeli startup Ever After Foods (formerly Plurinuva) has unveiled technology it claims can transform the unit economics of cultivated meat by reducing the capex required to build facilities and increasing the productivity of tissue production.
Israeli startup Aleph Farms has struck deals enabling it to take an “asset-light” approach to scaling up cultivated meat production in Israel and Singapore. CEO Didier Toubia tells AFN Aleph is also scouting for sites in the US for a larger scale facility and believes it can achieve cost parity with premium beef by 2028.
Indoor Ag-Con panelists discuss vertical farming failures and assemble a checklist of best practices to help the industry moving forward.
Swedish startup Millow is developing minimally processed products made from oats and mycelium grown in a patent-pending fermentation process it claims uses a fraction of the water and energy used by players such as Quorn.
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