The funding will help the firm scale up manufacturing and support the launch of plant-based ham at 2,000 REWE stores in Germany in mid-2025.
In the world of foodtech, defining and protecting your IP is mission critical. It factors into business plans and can be pivotal to securing investment. But how do you do it on a budget, and how do you avoid making costly mistakes?
Plus: Ohalo teams with Florida farmers on “disease-resistant strawberries.”
According to Silicon Valley Disposition, which is handling the sale on January 14-16, the auction features equipment “purchased new in 2022 for $8,000,000, never put into production.”
The agrifoodtech ecosystem in Colombia is at a key stage of transformation, says Mila Valcárcel at agrifoodtech accelerator Eatable Adventures.
For many foodtech startups 2024 has been a year of resilience and confidence, a time when they managed to win investors’ trust and secure new funding despite an ongoing credit crunch. Here are the top 15 foodtech deals of the year.
Ag biotechnologies and robotics are two segments that have shown significant resilience in 2024 and attracted large deals.
Given the rapid growth of drones for spraying crops—a market dominated by Chinese supplier DJI—our coverage of lawmakers’ attempts to restrict DJI’s US activities featured heavily in our ‘most read’ list this year.
Spanish startup MOA Foodtech has built an AI-powered biomass fermentation platform to transform byproducts from the food industry into high value ingredients.
A flurry of startups offering AI-powered ag insights driven by long-range weather forecasting has emerged on the scene in recent years. But are they delivering actionable info for food & ag companies?
While multiple startups engineer microbes to produce animal proteins via precision fermentation, PoLoPo and others in the ‘molecular farming’ space claim the unit economics of growing them in genetically engineered plants are more favorable.
Plus…John Kempf’s Advancing Eco Agriculture nabbed a USDA rural development award.
Food manufacturers have been looking for viable egg replacements for years as prices yo-yo with every avian flu outbreak, says Onego Bio.
Unsurprisingly, the challenging funding environment was top of mind for many founders, but it’s not the only thing disturbing their sleep…
This “direct trade” model cuts out the middlemen so that GoodSAM works directly with the growers and their farmer associations.
Unsurprisingly, AI was top of mind for many founders, but it’s not the only thing on their list…
Plant-and-soil health startup Sound Agriculture will use the new funding to enter new markets and develop new products.
“With this reduction we’ve hit an essential milestone on our path to achieving cost parity with conventional mozzarella and reaching positive net margins,” claims CEO Matt Gibson.
Agency, education, and myth-busting are key.
Plus: GE salmon company AquaBounty winds down its only remaining operating farm: “We’ve been working for over a year to raise capital… Unfortunately, these efforts have not generated enough cash to maintain our operating facilities.”
