Data snapshot: 5 years of agrifoodtech investment in Latin America
eGrocery and Cloud Retail Infrastructure continue to lead Latin America agrifoodtech investment, despite the global macro-trends elsewhere.
eGrocery and Cloud Retail Infrastructure continue to lead Latin America agrifoodtech investment, despite the global macro-trends elsewhere.
Apeel Sciences and EVERY make notable new hires and the FDA brings on an EPA vet for a new food safety-focused role.
Meanwhile, Perfect Day finds a buyer for its consumer-facing brands and the USDA will invest in underserved forest landowners.
A successful Instacart IPO could go far in revitalizing the IPO market, including for other agrifoodtech companies.
Plus, CPG product-testing startup Highlight raises $18 million and Jimi Biotech debuts cultivated deer antler.
Elsewhere, food robots and restaurant tech saw new funding rounds but also hefty fines for some.
Despite seesawing dollar amounts over the last few years, India agrifoodtech investment is back on par with 2018 levels.
Indonesia’s Beleaf raised funds for its agrbusiness marketplace, Zomato hit profitability for the first time, and White Castle went in on AI.
Israeli startups and investors unveil a flurry of new deals, plus more bad news for Getir.
Food robotics had a busy week with several new fundraises; vertical farming company CubicAcres launched a partnership with IGS.
UK agrifoodtech startups raised nearly $400 million across 77 deals, according to the latest data from AgFunder.
Biotech startup Allonnia raises $30 million, Nestlé says it’s “moving away” from carbon offsets.
Nextbite faces lawsuit over recent layoffs and delivery giant Meituan buys an AI startup.
This week, Omeat emerged from stealth with an ‘elegant’ solution to scaling cultivated meat; UPSIDE Foods and GOOD Meat finally got the green light to sell cultivated chicken in the US, and drone startup Guardian Agriculture raised $20m.
Other countries to watch include Colombia, Argentina and Chile, according to AgFunder’s Latin America agrifoodtech investment report.
Investment in agrifoodtech will be key to the stable, sustainable and prosperous development of Africa, says Saron Berhane.
Agribusiness marketplaces & fintech and eGrocery were the top investment categories for Latin America agrifoodtech in 2022.
Latam startups fight food insecurity and inequality with agrifoodtech tools like farmer financing logistics and healthier ingredients.
This week, Neat Burger raised $18m to take its plant-based restaurant chain into new markets, while synthetic biology startup Debut raised $34 million to expand its cell-free biomanufacturing platform.
Climate startup FLINTpro lands $9 million and Meatable says it can produce cultivated pork in just eight days.
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International Fresh Produce Association launches year 3 of its produce accelerator