Brief: Jay-Z fund backs plant-based NUGGS maker Simulate
The hip hop mogul has invested in a number of agrifoodtech ventures, including Impossible Foods and Oatly.
The hip hop mogul has invested in a number of agrifoodtech ventures, including Impossible Foods and Oatly.
The Ginkgo Bioworks spinout will use the proceeds from the BlackRock and Ontario Teachers’-led Series B round for R&D, commercialization, and hiring.
The New York-based startup will use the funds to expand its team, accelerate new product development, and grow its manufacturing capabilities.
CEO Pamitra Wineka said the funding will help the startup to strengthen its regional presence and boost Indonesian ag’s global competitiveness.
Zoe offers at-home gut health, blood sugar, and blood fat tests to help consumers gain better insight into their health and wellness.
St Louis-based CoverCress is gearing up for its first harvest and a soft launch this year, and is aiming to have 250,000 acres of its ‘cash cover crop’ planted in 2022.
The US biotech startup is using gene editing to increase the nutritional content of seeds such as soybean, with an eye on the booming plant-based protein market.
The Tennessee startup is the first company in the US to grow the indigo plant at a scale usable by the commercial denim industry.
Pairwise is also working on blackberries without seeds and cherries without pits in pursuit of its aim to get more Americans snacking on fruits and veggies.
Gro Intelligence CEO Sara Menker thinks that Covid-19’s continuing effects will see a ramping up of food protectionism this year – while climate change will also take a toll.
The Israeli startup is using a combination of AI and bio-engineering to develop functional ingredients and therapeutics for people with gluten and peanut allergies.
The Canadian telco recently launched Telus Agriculture after acquiring a string of agtech startups. But AgriWebb is just fine with remaining an independent portfolio company for now, says co-founder Justin Webb.
The Beijing-based startup will use the funding to accelerate its global expansion, partnering with other agrifood businesses in Creadev’s portfolio.
It’s developing robots with force control that can mimic human dexterity to tackle complex but repetitive tasks in agriculture, foodservice, and logistics.
Delhi-based Arya, which provides grain storage and loans to smallholders, is fintech investor Quona Capital’s second ag finance deal.
The Japanese conglomerate’s extensive networks could help Mosa Meat make its mark in the food and retail industries – both in Asia, and farther afield.
International Finance Corporation led the round, with Citrosuco – the world’s largest producer of orange juice – and ag machinery giant Kubota joining in.
The Californian startup makes plant-based, organic formulas that can be used for tube feeding patients with chronic illnesses.
Ghent’s Aphea Bio – which offers a novel, algorithm-driven approach to biological crop protection – just raised $16.6 million in a Series B round led by Astanor Ventures.
John Legend and Natalie Portman have backed the San Francisco startup, which also announced a new plant that will increase production of its mycelium-based leather alternative by 10x.
Sponsored
International Fresh Produce Association launches year 3 of its produce accelerator