Brief: UAE cloud kitchen startup Kitopi raises $415m, joins billion-dollar club
July 5, 2021
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
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Category: Startup Funding
Brief: Czech e-grocer Rohlik raises $119m to join unicorn club three months after $238m round
July 1, 2021
It closed its Series B round just three months ago – but says it needed more money for its aggressive expansion plans.
Equinom raises $20m Series C funding from BASF, others for ‘improved’ alt-protein seeds
June 22, 2021
The Israeli startup combines AI-driven technology with exotic and ancient crop types to breed seeds with superior nutritional qualities.
Precision ag player reborn as soil carbon market Boomitra; scores $4m from Yara, Chevron
June 22, 2021
The San Jose-based startup aims to offer farmers an easy, cost-effective route to measuring soil carbon and participating in carbon credits markets.
Scottish alt-protein startup Enough banks $51m Series B led by Nutreco, Onassis Foundation
June 20, 2021
It’s building a “first of its kind” protein factory in the Netherlands with the aim of producing 1 million tonnes of mycoprotein annually by 2032.
Bringg bags $100m for logistics platform used by Albertsons, Walmart; joins unicorn club
June 18, 2021
The Tel Aviv-based startup plans to use the Series E funds to pursue M&A deals that will allow it to rapidly scale.
Brief: Jay-Z fund backs plant-based NUGGS maker Simulate
June 18, 2021
The hip hop mogul has invested in a number of agrifoodtech ventures, including Impossible Foods and Oatly.
EXCLUSIVE: Brazilian freight & fintech startup GoFlux scores funding
June 17, 2021
GoFlux joins the growing number of startups that are streamlining antiquated aspects of the agricultural supply chain using digital technologies.
Motif FoodWorks raises $226m to tackle plant-based’s challenges with texture & taste
June 16, 2021
The Ginkgo Bioworks spinout will use the proceeds from the BlackRock and Ontario Teachers’-led Series B round for R&D, commercialization, and hiring.
Why impact investor Astanor Ventures backed MiiMOSA’s ag financing platform
June 14, 2021
MiiMOSA recently raised $9 million in venture funding from Astanor and other investors in an effort to expand its market reach.
TerraClear raises $25m to help farmers get rocks out of their fields
June 11, 2021
Farms incur costs of anywhere from $5,000 to $150,000 every year due to problems caused by rocks, according to the US startup.
Sentera closes $25m Series C round to scale its digital platform for agronomists
June 9, 2021
The Minnesotan startup sees partnerships as the best route to expanding its footprint, rather than developing ancillary solutions and services in-house.
Swedish seaweed startup Volta Greentech raises $2m to grow low-emissions livestock feed
June 9, 2021
It’s aiming to build “the world’s largest algae factory” to supply raw material for a feed supplement that can reduce livestock methane emissions by up to 80%.
Plant-based ‘NUGGS’ maker SIMULATE raises $50m from Ohanian fund, McCain Foods
June 8, 2021
The New York-based startup will use the funds to expand its team, accelerate new product development, and grow its manufacturing capabilities.
Plant-based ‘whole egg’ startup Float Foods scores seed funding from VCs, corporates
June 8, 2021
The Singaporean startup has created OnlyEg: a legumes-based ‘whole egg’ replacement that comprises a separate white and yolk.
Sharebite raises $15m from ESG investors to feed people going back to the office
June 3, 2021
Many employers are choosing to pay for workers’ lunches to incentivize a return to the office, according to workplace food ordering platform Sharebite.
HR management platform Ganaz raises $7m Series A funding from Trilogy Equity, AgFunder
June 3, 2021
The Seattle-based startup seeks to lower costs for employers in ag and food manufacturing by automating processes like hiring, training, and payment of wages.
Better than bees? Arugga nets $4m for its indoor pollination robots
June 2, 2021
The Israeli startup claims that pilots of its tech have demonstrated results “at least as good” as both bees and manual pollination, with greenhouse tomato yields improved up to 15%.
Brief: Delhivery raises $277m in pre-IPO round
May 31, 2021
It started out as a last-mile food delivery app in 2011 before branching out to become a ‘full stack’ logistics and fulfillment platform.
Jai Kisan’s fintech for farmers nets $30m Series A from Mirae Asset, Syngenta
May 30, 2021
The Mumbai-based startup says it has handled rural business transactions worth over $385 million during the past year, financing more than 15% of them itself.
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