Australia’s Jupiter Ionics says it has found a way to produce ammonia – a key fertilizer ingredient – on-demand, using only air, water, and renewable electricity.
Trella, Capiter, and MaxAB are among dozens of startups that have raised funding of late to overhaul Egypt’s fragmented and inefficient B2B logistics space.
Many of big deals during H1 involved startups automating simple, everyday tasks within broader agricultural operations.
The Series A round led by Collaborative Fund will allow the Boston-based startup to enhance its ‘liquidation platform’ that helps CPG brands reduce food waste.
The New York-based startup will use the Series A funding to scale up its platform that provides traceability and food preservation tools in then form of spray-on microbes.
The Cape Town-based startup considers itself a farming company enabled by technology, rather than a tech company working in ag, says CEO James Paterson.
The Berlin-based company will launch its liquid egg alternative in Germany and several other European countries early next year.
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.
The round was led by South Korea’s Mirae Asset Global Investments.
“In seeking Series A investors, we were intentional about collaborating with experienced food industry professionals,” says CEO Matt Gibson.
“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.
The San Francisco-based company will use the Series A funds to grow its team and further develop its “proprietary” food preparation platform.
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.
An ADM spokesperson told AFN that it was “the first major food and ag company to have been invited to invest in FBN.”
The world’s largest meat processor plans to acquire a majority stake in Spanish cultivated meat company BioTech Foods.
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.
It’s on a mission to help India’s 100 million dairy farmers and workers get access to formal banking and other financial services.
The Ghanaian startup allows crowdfunders – which it calls ‘digifarmers’ – to invest in African smallholdings, and then digitalizes the ag value chain end-to-end.
The Shanghai-based firm has also signed Adisseo, Temasek, and UAE government-linked investor ADQ as LPs for its new China-focused fund.
The Singapore-based startup plans to launch into neighboring Malaysia and Indonesia during Q1 2022.
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