Data Snapshot: eGrocery still dominates China dealmaking, but upstream tech increases share
May 18, 2022
In 2021, eGrocery dominated dealmaking yet again; but upstream startups vastly increased their share of funding.
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Category: Startup Funding
BREAKING: Imagindairy raises $15m in seed extension, set to launch alt-milk products in 2023
May 18, 2022
The Israeli startup’s total seed funding now stands at $28 million.
Connecting African smallholders with agronomic services, Climate Edge scores seed funding
May 18, 2022
The UK-based startup secured the funds from US investor Regenerate Ventures.
Brief: Soil carbon platform Perennial raises $18m from Temasek, Bloomberg, Microsoft
May 17, 2022
The US company’s soil carbon measurement, reporting, and verification platform could help corporates better meet their emissions reductions targets.
BREAKING: Vestaron banks $82m Series C funding for its crop-protecting peptides
May 16, 2022
“We have additional insecticide candidates at earlier stages in our pipeline, as well as our first fungicidal candidates,” CEO Anna Rath tells AFN.
EXCLUSIVE: Targeting protein ‘transition’ over ‘disruption,’ NewFish nets funds for algae-based products
May 15, 2022
The New Zealand startup just closed its pre-seed round.
The Week in Agrifoodtech: Absolute Foods scores $100m, Mashgin bags $63m
May 12, 2022
Mashgin builds contactless self-checkout machines; while Absolute is vertically integrating the ag value chain. Elsewhere, Brightseed banked $68 million.
Corporate commitments, policy drive record $1.9bn funding for food waste solutions: ReFED
May 12, 2022
But early signs suggest a slowdown in 2022.
Data Snapshot: What Europe’s top 15 agrifoodtech deals in 2021 told us about investment trends
May 11, 2022
Most of the top deals involved eGrocers and Restaurant Marketplaces, highlighting the continent’s thirst for ‘quick commerce.’
How Anuvia aims to spend $66m advancing biofertilizer for large-scale agriculture
May 11, 2022
It’ll expand manufacturing capacity at its Florida facility to bring its ag biofertilizer product to more farmers across North America.
Sencrop closes $18m Series B round to go global with its ag weather stations
May 10, 2022
The French startup will use the funding to accelerate its expansion into North America.
AgriDigital helps Aussie grain players collateralize their crop for working capital. Now it’s heading Stateside
May 10, 2022
It recently announced the close of a $17.7 million funding round.
Glife pursues multiple M&As to expand its farm-to-table ecosystem in Southeast Asia
May 10, 2022
The Singapore-based startup has acquired stakes in ag produce supply chain businesses in Indonesia, Malaysia, and Vietnam in recent weeks.
Brightseed bags $68m Series B funding from Temasek, AgFunder, others to launch ingredients biz
May 9, 2022
The San Francisco-based startup will use the funds to bring its first ingredient, which is aimed at improving gut health, to market.
Tomorrow Farms lands $8.5m to develop next-gen pantry staples
May 6, 2022
The company is recreating classic refrigerator and pantry staples using novel ingredients and will launch its first product in Spring 2022.
Pachama nets $55m Series B to bring accountability to forest carbon markets
May 5, 2022
The San Francisco-based company’s platform leverages remote monitoring and AI to bring better data and more transparent accounting to forest carbon markets.
Data Snapshot: Food security & sustainability drove $2.6b in funding for Ag Biotech in 2021
May 5, 2022
Top Ag Biotech investment deals in 2021 covered gene editing, farm inputs, animal health solutions, and biofertilizers, among others.
Infrascreen nets $1.5m for its efficiency-boosting greenhouse nanomaterial
May 3, 2022
The Swiss startup will use the proceeds to “deploy pilot units with our prospective clients” in the commercial greenhouse space, CEO Henri Lalande tells AFN.
EXCLUSIVE: Brazil’s Decoy scores $2m seed round to bring biologicals to animal ag
April 28, 2022
When it comes to crops, biologicals are all the rage as a means to reduce agriculture’s environmental footprint – and increasingly as a solution to supply chain disruption. Decoy says livestock will be next.
Tractor Junction hauls in $5.7m seed funding from AgFunder, Omnivore & others
April 28, 2022
It says revenue from its marketplace for new and used farm vehicles grew 7x over the past two years.
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