Restaurant tech was in the spotlight this week as food delivery app HungryPanda and software startup Dinii both announced new funding rounds. In Canada, Entosystem raised new capital for its black soldier fly larvae farming operation.
In non-funding news, Chiquita project Yelloway unveiled its first TR4-resistant banana, more legal battles for plant-based meat labeling, and BeeHero caught up with AgFunderNews at the World Agri-Tech summit to talk about its latest moves.
Foodtech funding
🇬🇧 HungryPanda, a food-ordering app for the Asian diaspora, picks up $55M at a valuation of around $500M TechCrunch
🇯🇵 Hillhouse co-leads $52 million round in Japanese restaurant software startup Dinii Forbes
🇩🇪 The Raging Pig Co attracts investment to expand vegan pork products & launch mycelium meat Green Queen
🇸🇪 PAN Sweden & Lantmännen receive €3.54M to make Sweden a leader in sustainable plant-based proteins Vegconomist
🇮🇹 Italian foodtech Foreverland raises €3.4 million to redefine the future of chocolate EU Startups
🇬🇧 Fermtech raises over £325,000 in crowdfunding for zero-carbon protein trialed by major food companies Vegconomist
Agtech funding
🇨🇦 Canadian fly farmer lands $58 million investment The Fish Site
🇫🇷 Fresh off a funding round, Micropep discusses the promise of peptides for crop protection products AgFunderNews
🇺🇸 Agrospheres lands additional Series B funding to ‘take a giant leap forward’ in bringing biopesticides to market AgFunderNews
🇪🇪 ÄIO raises €6.1M to develop sustainable oils from wood and agricultural residue Tech.eu
🇦🇺 NSW biomanufacturing startup Cauldron Ferm scores Queensland funding for sugar belt plant Startup Daily
🇲🇾 Malaysian agritech startup Qarbotech raises $1.5m Tech in Asia
M&A, IPOs & partnerships
🇮🇱 Kinoko-Tech teams up with Hela to expand minimally processed, fungi-powered foods across APAC AgFunderNews
🇰🇷 Partnership advances cultivated seafood production in South Korea Pet Food Industry
🇺🇸 King Ranch Ag & Turf collaborates with Sabanto to offer tractor autonomy to farmers Agritech Tomorrow
Funds, grants & accelerators
🇺🇸 DCVC Bio reels in $400M third fund Endpoints
🇨🇦 🇯🇵 Pangaea Ventures on the hunt for Asian deeptech with new $85m fund Global Venturing
🇬🇧 New $75 million financing unveiled for high-potential but neglected value streams AgTechNavigator
🇪🇸 Pascual Innoventures invests over $2 million in future food research through Mylkcubator Program Protein Report
People moves
🇬🇧 Ivy Farm technologies appoints Harsh Amin as interim CEO The Cell Base
🇺🇸 Restauranteur Wilder joins food-tech investor FTW Ventures Venture Capital Journal
🇳🇱 Meatable adds new science and tech chief Alt-Meat
Other news
🇬🇧 UK government set to advance precision breeding legislation for gene-edited crops FeedNavigator
🇨🇭 New AI integration in Syngenta’s Cropwise aims for 5% yield boost for farmers Greenbot
🇺🇸 Chiquita project Yelloway unveils first TR4-resistant banana Fruitnet
🇦🇹 Revo Foods unveils ‘world’s first’ to scale 3D printed protein factory Food Manufacture
🇬🇧 UK Mayors pledge to stop junk food advertising Obesity Health
🇫🇷 Insect farmer Ÿnsect in ‘advanced discussions’ with investors after filing safeguard plan with French court AgFunderNews
🇺🇸 Texas district court greenlights plant-based labeling lawsuit FoodNavigator-USA
🇺🇸 Precision pollination specialist BeeHero enters Latam market, predicts revenues of $70m+ in 2024 AgFunderNews
