The Week in Agrifoodtech: Umiami grabs $30m for alt-chicken, funding for forest tech grows
Elsewhere, the Gates Foundation and Qatar’s development fund pledged $200 million to help African smallholders with climate change adaptation.
Elsewhere, the Gates Foundation and Qatar’s development fund pledged $200 million to help African smallholders with climate change adaptation.
Founded in 2012 with a grant from the Bill & Melinda Gates Foundation, the Santa Barbara-based startup uses a plant-derived solution to add an extra ‘peel’ to the surface of fruits and vegetables.
The sweet potato weevil is a very difficult pest to control and it is a serious pest in Africa. So the Bill and Melinda Gates Foundation asked AgBiome if they’d be willing to work on it. They’re now entering phase 2.
The plant microbiome research and products company counts the Gates Foundation as an investor.
One of 2015’s most notable deals, AgBiome’s Series B attracted investment from Bill & Melinda Gates Foundation. We caught up with John Rabby and Tracy Raines to get an update.
Plus: Science Based Targets initiative’s new rules for Scope 3 emissions are causing more than a little chaos.
The current ‘push for profitability’ is ‘code for surviving in a world where you can’t raise capital,’ says Fall Line Capital: ’But if you drive to profitability with no growth, there’s no value at the end of that tunnel.’
Deeper collaborations with Global South peers can herald a paradigm shift in Africa’s agricultural landscape.
Plus, corporate restructuring at FreshDirect and R.I.P. for RIP Foods.
Biowaste to biofuel. Ag Robotics. Cow collars. Here’s a sneak peek at the top 20 agtech rounds, based on preliminary data from AgFunder.
More than a century in the making, Indiana’s innovation track record encompasses human health, plant science and animal health.
The Middle East, Africa and South Asia have many ties between them that create a huge market opportunity for agrifoodtech.
Trace Genomics partners with EarthOptics, Dreamfarm secures $5 million for alt-mozzarella.
Bioomix announced funding for its microbial ag solutions and Doritos is on a mission to silence its chips.
Asia-Pacific Ag Biotechnology startups raised $813 million in 2022, making it the top-funded upstream category for the year.
Asia-Pacific has long been a hotbed for agrifoodtech innovation; the recent decline in VC funding isn’t likely to change that.
While VCs pumped just $3.2 million into farm management software for African agriculture, this is up from 2021.
After recording a 750% increase in funding between 2018 and 2022, last year Midstream startups in Africa recorded a 45% drop in funding.
Growth stage startups attracted 28.1% of funding pumped into in Africa’s agrifoodtech ecosystem in 2022 vs 10.3% in 2018, according to AgFunder’s new Africa AgriFoodTech Investment Report, 2023.
Tikehau Capital invested in a biologicals startup and agrifoodtech layoffs continued.
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International Fresh Produce Association launches year 3 of its produce accelerator