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Dr. Zach Pittman, senior research scientist at Blue Evolution. Image credit: Blue Evolution

The Week in AgriFoodTech: Funding for mealworms & green hydrogen, Ohalo unveils a new kind of almond

October 31, 2024

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.

Tebrio’s Adriana Casillas (CEO) and Sabas de Diego (CTO). Image credit: Tebrio

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

Dr. Zach Pittman, senior research scientist at Blue Evolution. Image credit: Blue Evolution

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

The team at Enifer. Image credit: Iiro Muttilainen

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

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