Pea milk maker Ripple Foods has raised $49m in a new round according to an SEC filing, taking its cumulative funding to more than $274m.
Liberation Labs has secured a $25m government-backed loan to support its first commercial-scale precision fermentation facility in the US.
One of a small, but high-profile group of startups attempting to decouple food production from agricultural land, Solar Foods uses carbon dioxide and hydrogen instead of sugars to feed its bacteria.
Fund III will address “problems that transcend time and generation such as water scarcity, the food supply chain, sustainable manufacturing, mobility and energy, and under-represented healthcare.”
Global investment in AgFunder’s ‘Innovative Food’ category (which is dominated by alt proteins) fell by 39% in 2022. However, funding increased by 26% in the Asia-Pacific region. So what should we make of this dynamic?
Two years ago, investors were throwing money at alt protein startups. Today, the environment is way more challenging.
4AG has developed an autonomous harvesting robot it says can greatly alleviate labor challenges in the mushroom industry.
“We’re the really the first ag robotics that I’ve seen that relies on solar as the primary energy source,” says ag robotics company Aigen.
Apps helping us find the perfect love match are ubiquitous. But there are precious few online tools to help biotech companies find the perfect contract research organization (CRO), says Cromatic.
Verqor will become a direct financial lender to farmers and approve loan applications in “48 hours or less.”
Areas of interest include sustainable packaging, fermentation, agriculture biologicals, crop disease resistance, soil health and regenerative agriculture.
Triplebar’s system enables it to screen millions of mutations and optimize a yeast strain, for example, over many generations at record speed, effectively “running evolution at hyper-speed.”
Asia-Pacific has long been a hotbed for agrifoodtech innovation; the recent decline in VC funding isn’t likely to change that.
French startup Amatera is developing a coffee variety with the resilience and yields of Robusta and the taste of Arabica.
The CarbonFarm satellite system monitors rice “at the paddy level” to bring more trust to the carbon credits process.
Barely a month goes by without a new startup producing ‘animal-free’ dairy proteins via genetically engineered microbes or plants. But what will distinguish the winners from the losers in this nascent space?
After recording a 750% increase in funding between 2018 and 2022, last year Midstream startups in Africa recorded a 45% drop in funding.
San Diego-based cellular aquaculture startup BlueNalu has raised $33.5m in a series B round from “new and existing investors.”
This week, agrifoodtech investors placed bets on autonomous harvesting tech, plant-based whole cuts, an AI supply chain analyst, and a platform connecting spray drone supplies with demand.
Growth stage startups attracted 28.1% of funding pumped into in Africa’s agrifoodtech ecosystem in 2022 vs 10.3% in 2018, according to AgFunder’s new Africa AgriFoodTech Investment Report, 2023.
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets