AFN (Europe) - FoodTech, AgTech, Startups, Venture Capital

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Friday Foodtech Digest: World’s first microalgae burger unveiled; Gathered Foods nets $26m

Some tech tidbits from around the week’s wider food-o-sphere to finish off your Friday.

Brief: Impossible Foods prepping to go public at $10bn valuation, sources say

AppHarvest acquires Root AI to add AI-powered harvesting robots to its workforce

Trax secures $640m from SoftBank, BlackRock for retail robotics & analytics

Brief: Food delivery app Grab said to target US listing in biggest ever SPAC deal

Beyond Meat opens China factory, its first outside US

Smartway snags $12m to reduce food loss, boost profits for supermarkets

Brief: New Holland, FPT Industrial partner Fontanafredda on carbon-neutral wine

Brief: Indian food delivery app Swiggy hits $5bn valuation; raises $800m from Goldman, others

FOOD TECH

Sponsored

Sprout Agritech’s first-ever venture investment was 400m years (+19) in the making

Oatly partners with Yeo’s to build $22m plant-based milk factory in Singapore

From IQ, to EQ, to RQ – the regenerative quotient

Friday Foodtech Digest: Animal-free fat, bee-free honey & fish-free fish get funding

STARTUP FUNDING

EXCLUSIVE: Harvest automation startup Tortuga raises $20m Series A to build hundreds of robots

CoverCress nets $8m from Bunge, REG; touts ‘buy-in from entire supply chain’

Brief: Food ordering app Glovo raises $528m from Delivery Hero, others

Oishii sees itself as ‘the Tesla of vertical farming.’ Here’s how it’s cracking CEA strawberries

AGTECH

Complexity, AI & the future of food: Toward the age of agrobots

Soil health practices boost incomes, cut costs & increase resilience: SHI, Cargill

FBN launches 17 own-brand biological inputs for growers

Brief: Chinese e-grocer Nice Tuan raises $750m in Alibaba, DST-led round

@AGFUNDER

Wefarm gets $11m Series A+ funding, upgrades SMS service to online platform

Why AgFunder invested in URB-E

2020’s agrifoodtech investment story speaks of resilience, maturity & big bets on what comes next

Why we invested in Jüsto

ROBOTICS & AUTOMATION

Agtech CVC: BASF Venture Capital on ‘catalyzing change for the chemicals industry’

Bear Flag Robotics scores $7.9m seed round extension

How White Castle is embracing automation with robot employee Flippy

ALT MEAT/PROTEIN

Future Food News Review Podcast: Is cultured meat delicious? Should hydroponically-grown food be organic?

Sponsored

Mosa Meat CEO on choosing non-GMO, differentiation & pricing the novelty factor

Brief: Plant-based house of brands Livekindly Collective nets $335m funding

NOVEL FARMING SYSTEMS

Brief: US vertical farming group AeroFarms joins unicorn club, strikes SPAC deal to go public

Brief: US federal court rules that hydroponic produce can be certified organic

Hydroponics startup Babylon Micro-Farms raises $3m seed capital for US expansion

‘Lab-on-a-chip’ startup Nordetect raises $1.5m, targets indoor farming

REGENERATIVE AG

Despite growing interest in soil health & carbon farming, climate tech needs more investment: report

Brief: Biden’s climate plan includes ‘carbon bank’ for farmers who adopt regen practices

Brief: Organic Valley pilots satellite-backed grazing management to improve pasture management

WOMEN

Introducing Future Food News Review – join us!

A partnership with purpose

Cargill restructures corporate venture group into newly-centralized unit

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