The week brought good winds for European startups, as France-based Fairmat closed a $57 million B round to recycle carbon composites, Finnish Fiberdom secured $3.9 million to drive plastic-free material innovation, and Sweden’s Algae Factory bagged $3.3 million to scale production of microscopic algae across multiple industries.
Elsewhere Carbon Robotics unveiled a self-driving “AutoTractor,” Cultivated Biosciences rebranded as Cosaic, and Cropin teamed up with Walmart to strengthen agri-food retail supply.
Startup funding
🇫🇷 Fairmat raises $57m Series B to recycle carbon composites ‘infinitely’ Sifted
🇺🇸 Chef Robotics raises $43m Series A to scale AI-enabled robotics in meal assembly AgFunderNews
🇫🇮 Fiberdom secures $3.9m million to drive plastic-free, circular material innovations EU-Startups
🇸🇪 Swedish Algae Factory raises $3.3m to scale production of diatom-based materials Tech.eu
🇩🇪 CinSOIL raises Pre-Seed funding to tap the power of soil to tackle Scope 3 emissions Tech.eu
M&A, IPOs & partnerships
🇺🇸 Uber, OpenTable join forces to offer dining, transportation benefits Restaurant Dive
🇺🇸 Cropin teams up with Walmart to strengthen agri-food retail supply AgTechNavigator
🇺🇸 Twist Bioscience and Curio Genomics collaborate to accelerate and streamline NGS adoption in agrigenomics Business Wire
🇺🇸🇯🇵 ADM, Mitsubishi Corporation sign non-binding MOU, form strategic alliance Business Wire
Funds, grants & accelerators
🇺🇸 GFI research grant program will provide up to $3.5m for alternative protein projects in two key areas Vegconomist
People moves
🇸🇪 Melt&Marble strengthens leadership to scale precision-fermented fat production Cultivated X
🇺🇸 The Yield Lab Institute appoints Stephanie Tinsley Regagnon as Interim Executive Director LinkedIn
Other News
🇺🇾🇧🇷 Uruguay firm The Land Group expands its regen ag-focused asset management model to Brazil AgFunderNews
🇺🇸 Guar protein: New, cleaner-tasting kid on the plant-based block? AgFunderNews
🇬🇧 UK government invests £1.4m to expand Food Standards Agency’s precision fermentation expertise Vegconomist
🇨🇳 Exclusive: CellX Debuts World’s First Morel Mycelium Jerky with New US Brand Mourish Green Queen
🇨🇭 Cultivated Biosciences rebrands to Cosaic, introduces unique yeast-based ingredient Vegconomist
🇺🇸 Carbon Robotics unveils ‘AutoTractor,’ a self-driving platform to boost productivity on farms GeekWire
🇺🇸 Green Era announces Mariano’s has diverted 1 million pounds of food waste into renewable energy and compost PR Newswire
🇺🇸 Verdant Technologies and Gaétan Bono Fruits et Légumes partner to deliver iceless broccoli across Eastern Canada PR Newswire
🇺🇸🇫🇷 Beyond, La Vie co-release burger, marketing push Alt-Meat
🇦🇹 Revo Foods makes black cod via 3d extrusion Alt-Meat
