Insect producer Tebrio and green hydrogen producer Matteco both announced new capital raises this week. Outside of funding, Dave Friedberg’s Ohalo introduced a self-pollinating Nonpareil almond, the EPA approved an alternative to the recently banned dicamba, and more layoffs hit the foodtech sector.
Funding news
🇮🇳 Indian B2B firm Udaan secures $36m for expansion Tech in Asia
🇪🇸 Matteco secures €15 million to expand production of green hydrogen materials Offshore Energy
🇵🇱 Foodsi extends Seed by €1.2M to combat food waste Tech.eu
🇬🇧 Bendi secures $1.04M to accelerate supply chain risk management with AI Startups Magazine
🇦🇹 🇧🇪 Revo Foods & Paleo score new funding for imitation vegan salmon Tech.eu
🇪🇸 Spanish insect producer secures funding to increase capacity Pet Food Industry
🇦🇺 Queensland bio-packaging startup Earthodic banks $6 million Seed round for US push Startup Daily
M&A, IPOs & partnerships
🇺🇸 Blue Evolution and Blu3 merge to drive industry leadership in sustainable seaweed innovation EIN News
Funds, grants & accelerators
🌍 World bank set to double agriculture funding to $9 billion Bloomberg
🇫🇮 Finnish alternative protein firms secure €10M for collaborative R&D projects from business Finland Vegconomist
🇺🇸 Campbell Soup Company secures $3.4m USDA grant for tomato farming in California FoodBev Media
People moves
🇺🇸 Consumer Brands announces Melissa Hockstad as next president & CEO Consumer Brands
🇺🇸 Kind names Jon Craig as new CFO Baking Business
🇺🇸 Freight Farms announces appointment of new CEO Vertical Farm Daily
Other news
🇮🇩 Indonesia’s Djarum-backed coffee tech startup JumpStart launches B2C model Deal Street Asia
🇬🇧 Biolevel obtains European product registration Biolevel
🇺🇸 Ohalo unveils self-pollinating almond variety Fruitnet
🇦🇺 Dreamfarm unveils plant-based ricotta alternative The Plant Base Mag
🇺🇸 Every Co. confirms layoffs Alt-Meat
🇺🇸 EPA approves alternative to banned weedkiller dicamba Agriculture Dive
🇨🇴 Colombia decree recognizes Indigenous people as environmental authorities Monga Bay
🇰🇪 Bioherbicide helps lift Kenya’s witchweed curse on farmers Reuters
🇫🇮 Enifer breaks new ground as first Nordic firm to seek novel food approval for mycoprotein Vegconomist