AgFunder Network Partners

Category: Startup Funding

Perfeggt readies its chicken-less egg alternative with $2.8m fundraise

November 25, 2021

The Berlin-based company will launch its liquid egg alternative in Germany and several other European countries early next year.

Data Snapshot: Agrifoodtech’s epicenter shifted farther east in H1 – but US still rules the roost

November 24, 2021

Global agrifoodtech funding is still dominated by the US – but a few massive deals in China, India, and other countries are stealing a greater share.

Brief: Impossible Foods brings total funding to $2bn with new $500m raise

November 23, 2021

The round was led by South Korea’s Mirae Asset Global Investments.

ADM, Kraft & Dr Oetker back bovine-free mozzarella maker New Culture in $25m round

November 23, 2021

“In seeking Series A investors, we were intentional about collaborating with experienced food industry professionals,” says CEO Matt Gibson.

Indian horti-platform Fasal scores $4m for Southeast Asia push

November 22, 2021

“Given we are operating in crops like palm, coffee, [and] pepper, we see the Southeast Asia region as a massive opportunity,” says co-founder Shailendra Tiwari.

Amara raises $12m for ‘nutrient-dense’ plant-based baby food

November 19, 2021

The San Francisco-based company will use the Series A funds to grow its team and further develop its “proprietary” food preparation platform.

Agtech innovation will be key to Kenya’s Covid-19 economic recovery

November 19, 2021

Kenya has emerged as a hotspot for agtech innovation in Africa, developing more than 100 solutions driving growth, productivity and sustainability in the agricultural sector.

FBN’s $300m Series G with Fidelity, ADM brings ‘validation’ to oft-controversial company

November 18, 2021

An ADM spokesperson told AFN that it was “the first major food and ag company to have been invited to invest in FBN.”

Brief: JBS to acquire cultivated meat company in $100m investment

November 18, 2021

The world’s largest meat processor plans to acquire a majority stake in Spanish cultivated meat company BioTech Foods.

Israel’s Imagindairy closes $13m seed round to commercialize cow-free milk proteins

November 17, 2021

The Tel Aviv-based startup “feeds microorganisms instead of cows,” allowing it to avoid many of the ecological pitfalls of traditional dairy cattle production, it says.

DGV raises $3.1m to bring financial services to India’s underbanked dairy farmers

November 16, 2021

It’s on a mission to help India’s 100 million dairy farmers and workers get access to formal banking and other financial services.

Complete Farmer looks to the crowd to give African smallholders a boost

November 16, 2021

The Ghanaian startup allows crowdfunders – which it calls ‘digifarmers’ – to invest in African smallholdings, and then digitalizes the ag value chain end-to-end.

Chinese VC Bits x Bites hits $100m final close with capital from Syngenta, Wilbur-Ellis

November 16, 2021

The Shanghai-based firm has also signed Adisseo, Temasek, and UAE government-linked investor ADQ as LPs for its new China-focused fund.

Farm produce marketplace Glife nets $8.1m funding, invests in F&B software platform

November 15, 2021

The Singapore-based startup plans to launch into neighboring Malaysia and Indonesia during Q1 2022.

SaladStop aims to be ‘Asia’s leading personalized nutrition company’ after $8.9m raise

November 15, 2021

The Singaporean salad chain sees digitalization, cloud kitchens, and plant-based proteins as the way to get there.

Brief: Vietnam’s Tiki raises $258m in AIA-led round after e-grocery business grows 2,000%

November 12, 2021

The e-commerce platform — which is reportedly exploring an IPO in the US in 2022 or 2023 — said it recently reached 20 million registered users.

Get It is redesigning the food distribution chain in Rwanda – all of it

November 12, 2021

The Rwandan company has experienced — and taken on — the full range of food production, manufacturing, and distribution challenges one would expect in a frontier market, says founder Lauren Nkuranga.

EXCLUSIVE: Ascribe Bioscience gets $2.5m to fight crop loss with soil ‘signaling molecules’

November 11, 2021

The Ithaca, New York-based startup will use the funding to commercialize its biopesticide product and expand field trials to more row crops.

Nuritas raises $45m to scale its plant-based peptides discovery platform

November 11, 2021

The Series B funds will be used to scale up the Irish company’s platform, which aims to unlock additional health benefits for food and beverage products.