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The Week in AgriFoodTech: Nexus W2V raises $140m, Haber nets $44m, Planet A Foods bags $30m

December 12, 2024

As US legislation evolves across the waste-management industry, Nexus W2V, a leading developer of waste-to-value infrastructure projects, announced the closing of an anchor $75 million structured equity commitment from Orion Infrastructure Capital plus additional investment from Nexus Holdings and Khasma Capital, and debt financing from Ameris Bank.

In India, industrial robotics-maker Haber closed a $44 million Series C round while, a week after Mondelez increased investment in cocoa-tech startup Celleste Bio, German foodtech Planet A Foods raised $30 million in a Series B round to expand its production of cocoa-free chocolate across Europe, the US and Asia.

Funding news

🇺🇸 Waste-to-value pioneer Nexus W2V secures $140M investment and announces construction of flagship RNG facility in Indiana PR Newswire 

🇮🇳 B2B robotics maker Haber raises $44M in Series C round ENTracker

🇩🇪 Planet A Foods bags $30M investment to take cocoa-free chocolate global Green Queen 

🇮🇱 Gavan secures $8M to commercialize cutting-edge plant-based fat PR Newswire

🇺🇸 Chonex raises $4M funding for new product launch AlabamaInno

🇩🇰 Danish AgriRobot secures funding to accelerate development of autonomous agricultural safety software BioAg World Digest

🇬🇧 🇷🇸 Bpacks raises €1M for eco-friendly packaging that extends shelf life and reduces food waste Tech EU

Enko CEO Jacqueline Heard. Image credit: Brenda De Los Santos Photography via Enko Chem

M&A, IPOs & partnerships 

🇺🇸 Marine Biologics acquires biochemical engineering leader Spoitz Enterprises EinPresswire 

🇺🇸 Ahold Delhaize USA and Campbell’s launch regenerative agriculture pilot to reduce emissions in potato farming Globe Newswire

🇨🇭 Syngenta and Enko use artificial intelligence to advance safe, sustainable weed control solutions Enko

🇨🇦 CULT Food Science Targets Mycelium and Hybrid Alternatives with Acquisition of The Better Butchers  Vegconomist

🇺🇸 Industry veterans team up to launch AgD2, a specialized agtech/agbio due diligence advisory firm LinkedIn

🇺🇸 CookUnity acquires Cookin to accelerate growth as it nears $500M in annual revenue The Spoon

Funds, grants & accelerators

🇨🇱 Chile’s Luyef receives $1.25M to develop nutrients for cultivated meat Vegconomist

🇩🇪 Fly Ventures closes €80M fund III to support deep tech founders in Europe TechEu

🇨🇭Givaudan taps Gen Z talent to pioneer alternative protein concepts in new “Moonshot Pirates” challenge Vegconomist

People moves

🇺🇸 Coca-Cola names Henrique Braun executive vice president and COO The Coca-Cola Company

🇺🇸 Micropep Technologies strengthens leadership team with CBO appointment Businesswire

🇺🇸 Tender Food appoints former Oatly President Mike Messersmith as CEO to lead next phase of growth Vegconomist

🇺🇸 MycoTechnology appoints Jordi Ferre as CEO Kennedy’s Confection

🇺🇸 Nestlé USA names Martin Thompson as CEO and U.S. market head PR Newswire

BrightFarms
Image credit: BrightFarms

Other news

🇺🇸 Donald Danforth Plant Science Center and Enhanced Nature collaboration aims to optimize crop nutrient uptake and tolerance to environmental stress Newswise

🇩🇪 Researchers develop ‘honey-like’ protein that’s 10,000 times sweeter than sugar Green Queen

🇺🇸 FDA evaluates labeling for plant-based milks, cell-cultured foods Food Navigator USA

🇺🇸 Scientific report of 2025 dietary guidelines advisory committee now available online US HSS

🇮🇩 Indonesia’s new meal program serves questions for alt-meat firms TechINAsia

🇺🇸 BrightFarms expands to Texas with new state-of-the-art greenhouse in Lorena Cox Enterprises

🇺🇸 Albertsons terminates merger with Kroger, sues for financial ‘relief’ for years of limbo Food Navigator USA

🇺🇸 Krispy Kreme online ordering disrupted by cyberattack Restaurant Dive

🇺🇸 GE salmon company AquaBounty shuts down operations Agri-Pulse

🇺🇸 Weeds are becoming herbicide-resistant. Can robots help? Tech Brew

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