This week, aquaculture supply chain startup eFishery announced a new $30 million loan from HSBC Indonesia to expand its platform to more smallholder fish and shrimp farmers. Impact investor Pollination unveiled a new climate-focused fund, and Takeoff Technologies, known for its micro-fulfillment platform for eGrocery, filed for Chapter 11 bankruptcy.
Foodtech funding
🇺🇸 Optogenetics startup Prolific Machines raises $55m series B1, uses light to ‘control virtually any cell function in any cell type’ AgFunderNews
🇩🇪 German IoT startup Packwise secures funds to scale its industrial tech to North America Tech.eu
Agtech & climate tech funding
🇮🇩 eFishery gets US$30M loan from HSBC Indonesia e27
🇨🇦 Trio of MME alumni secure $3.5 million in funding for ag-tech startup University of Waterloo
🇬🇧 Aeropowder secures £150K investment for feather-based thermal packaging Tech.eu
🇺🇸 HerdDogg Inc. Successfully Closes Venture Equity Fundraise, Fueling Growth and Innovation PR Newswire
🇸🇪 Nordluft takes in new capital from Södra Ädla and EIT InnoEnergy for precision spreading in forestry Inno Energy
M&A, IPOs & partnerships
🇺🇸 Phospholutions Partners With WeGrow AG to Launch RhizoSorb Technology Across Central and South America Crop Life
🇨🇦 Protein Industries Canada and Partners Invest $6.2M to Expand Lupin Industry in Canada Vegconomist
🇺🇸 Believer Meats Partners with Bezos Earth Fund and North Carolina State University on Bezos Center for Sustainable Protein Business Wire
Funds, grants & accelerators
🇦🇺 Queensland backs impact VC Pollination’s $150 million fund for climate solution startups Startup Daily
🇧🇷 Brazilian accelerator Darwin Startups announces $20M fund Latam List
🇮🇪 Hatch Blue secures $10 million to invest in next round of startups The Fish Site
People moves
🇺🇸 CNH head of ag steps down following CEO shakeup Agriculture Dive
🇮🇱 BetterSeeds welcomes former Bayer executive as chairman Agtech Navigator
Other news
🇺🇸 Exclusive: Ag insights platform Gro Intelligence is closing down AgFunderNews
🇺🇸 Biomanufacturing game-changer? Enduro Genetics unveils elegant solution to declining cell productivity AgFunderNews
🇺🇸 Takeoff Technologies files for Chapter 11 Grocery Dive
🇺🇸 [Pairwise] Seedless blackberry developed through gene editing The Grower
🇺🇸 Vertical farming company Oishii opens solar-powered facility to grow ’20x’ more strawberries to meet market demand AgFunderNews
🇸🇪 H&M Warns Against Use of Carbon Offsets in SBTi’s Climate Target Standard ESG Today
🇮🇱 Brevel unveils commercial algae protein plant with focus on alt-dairy: ‘Our protein is superior to soy and pea… AgFunderNews
🇨🇭 Syngenta opens rights to genome-editing and breeding technologies to boost agricultural innovation Business Wire
🇺🇸 ABEC accuses GOOD Meat/Eat Just of ‘gamesmanship’ and ‘bad faith’ arguments; says it is still owed $63m AgFunderNews
Sponsored
Farmers ‘ready and willing to try’ biological crop solutions. Only ‘strong business models’ need apply