The Week in AgriFoodTech: Toray’s $8bn foray into biomass tech, Paptic lands $25m, Israeli agrifoodtech heats up The Kitchen
Plus, new funds for climate tech and Africa smallholders, and an indoor farming startup goes public.
Plus, new funds for climate tech and Africa smallholders, and an indoor farming startup goes public.
Biomass fermentation startup MycoSure has accelerated its innovation process via a collaboration with leading South African R&D organization the CSIR.
US farmers now use the Pivot Bio microbe-based, nitrogen-fixing product in place of synthetic nitrogen on 5 million acres of corn.
Novel farming systems present opportunities for India to bolster its food supply in the midst of climate change.
LanzaTech converts carbon emissions from industrial processes into high-value products via microbial fermentation, creating a more circular economy, says chief sustainability officer Freya Burton.
CPG giant Campbell made a new acquisition, as did irrigation management company Lindsay, and a new cultivated meat facility is ready for production in China.
Canadian startup Terra Bioindustries extracts fermentable sugars and protein concentrates from brewers’ spent grains.
Israeli startups and investors unveil a flurry of new deals, plus more bad news for Getir.
Plantible Foods—a startup extracting a highly functional protein from the aquatic plant lemna—has opened a 140-acre lemna farm in Texas and launched its first product: a plant-based egg replacer it claims can “outperform eggs.”
Private sector investment in ag biotech is urgently needed in Africa to develop crops resistant to multiple stressors, says Jonathan Gressel.
Bond Pet Food is carving a distinct path in the alt protein space by engineering yeast to produce animal proteins for pet food.
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2022 was a lousy year for agrifoodtech investing, and India was not immune to the headwinds impacting global markets, with funding to Indian startups in the field dipping 33% year-over-year to $2.4 billion, according to AgFunder’s new India AgriFoodTech Investment Report 2023.
Investment for Australia agrifoodtech dropped 40% year-over-year in 2022, but enthusiasm for climate-focused companies remains robust.
If you’re in space for three days, says Phnam Bagley, food is fuel. If you’re on a three-year round trip to Mars, it’s mission critical, a matter of life and death.
Several biomaterials startups made headlines with fundraises, partnerships and other developments for leather, wood and oil alternatives.Â
Better Bite Ventures, a fund focused on alt protein startups in APAC, has invested in four startups under its early-stage First Bite initative.
S2G will provide funding for startups in capital-intensive, asset-oriented industries including agriculture, energy and oceans.
Aqua Cultured Foods has raised $5.5 million in a seed round led by Stray Dog Capital to expand its fermentation-based production platform for high-protein whole cuts of fungi-based seafood.
While investor sentiment has soured on alternative proteins, last month’s Future Food Tech summit in San Francisco attracted a record number of foodtech startups showcasing everything from foodie chatbots to upcycled prebiotic fibers.
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International Fresh Produce Association launches year 3 of its produce accelerator