Carbon Robotics bags $30m to fight the war on weeds with autonomous laser bots
Carbon Robotics will bring its LaserWeeder robot to new parts of North America and launch into international markets in the near future.
Carbon Robotics will bring its LaserWeeder robot to new parts of North America and launch into international markets in the near future.
US retail sales of plant-based foods rose 6.6% to $8bn in 2022, with growth in creamers, eggs, and butter partially offset by declines in meat, ice cream, and cheese, according to new reports from the Plant Based Foods Association (PBFA) and the Good Food Institute (GFI). Unit sales fell 3%.
With its plug-and-play system, TablePointer hopes to enable small- and medium-sized enterprises to manage their energy cheaply and more efficiently.
Aqua Cultured Foods has raised $5.5 million in a seed round led by Stray Dog Capital to expand its fermentation-based production platform for high-protein whole cuts of fungi-based seafood.
Investors poured money almost equally into the Recycling and Prevention categories of food waste mitigation in 2022 in North America.
Swiss startup Impossible Materials has raised $3.8m in seed funding to help commercialize its first product, a cellulose-based alternative to titanium dioxide, a white pigment recently banned in the EU for use in foods.
The company’s freshly raised Series A funding will go towards expanding the reach of its remotely managed network of modular veritcal farms.
Innovators creating bio-based alternatives to synthetic, fossil fuel and animal-based products and materials are capturing investor attention.
Danish startup Agreena aims to help farmers build a meaningful revenue stream by implementing, tracking and measuring regenerative farming practices.
Australian startup Cauldron has raised AUS $10.5m to scale a platform enabling firms to produce high-value ingredients via precision fermentation more efficiently via a continuous process.
Oatly raised $425m as it “moves towards reaching financial self-sufficiency,” cultivated meat startup Fork & Good opened a pilot plant in New Jersey, and Klimato secured €4.2 million ($4.5 million) to expand its platform to help restaurants report the carbon footprints of their cuisine.
eGrocery is still the biggest subsegment in agrifoodtech investing, attracting a cool $5.1 billion in funding in 2022. But that pales in comparison to the jaw-dropping $19 billion raised by food ecommerce startups in 2021, according to AgFunder’s new global investment report.
Cocoon Bioscience will grow its high-value proteins business, which includes developing recombinant growth factors for cultivated meat.
Panelists at the AgFunder 2023 Global Report launch party discussed the challenges for alt protein and eGrocery, and why capital is swimming upstream.
The macro headwinds startups face right now are also driving more interest in agrifoodtech as a solution to some of today’s most pressing climate issues.
UK’s Hectare nets $20m Series A to strengthen its Software-as-a-Service (SaaS)offering, boost product development and expand into new international markets.
The deal will help Divert build more anaerobic digestion facilities across North America to turn food waste from grocery stores into renewable gas.
63% of consumers also agree that snacks with a higher environmental impact should cost more, according to Mondelēz International Malaysia & Singapore.
Swedish startup Millow is developing minimally processed products made from oats and mycelium grown in a patent-pending fermentation process it claims uses a fraction of the water and energy used by players such as Quorn.
Agridex says it’s bringing transparency, connectivity and accessibility to ag value chains and its COO, Henry Duckworth believes blockchain is the solution.