Startup valuation correction will continue in 2024 but worst may be yet to come, say a third of agrifoodtech VCs
Some 28 leading agrifoodtech investors responded to AgFunderNews’ annual VC survey
Some 28 leading agrifoodtech investors responded to AgFunderNews’ annual VC survey
The Middle East, Africa and South Asia have many ties between them that create a huge market opportunity for agrifoodtech.
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.
Tikehau Capital invested in a biologicals startup and agrifoodtech layoffs continued.
Plus, two startups raise new capital to improve access and standards for carbon credits.
Novel farming systems present opportunities for India to bolster its food supply in the midst of climate change.
Despite seesawing dollar amounts over the last few years, India agrifoodtech investment is back on par with 2018 levels.
Nextbite faces lawsuit over recent layoffs and delivery giant Meituan buys an AI startup.
Agribusiness Marketplaces and Fintech was the most-funded upstream category for India agrifoodtech in 2022.
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.
Oatly raised $425m as it “moves towards reaching financial self-sufficiency,” cultivated meat startup Fork & Good opened a pilot plant in New Jersey, and Klimato secured €4.2 million ($4.5 million) to expand its platform to help restaurants report the carbon footprints of their cuisine.
The Global Impact Investing Network (GIIN) has launched a new tool for agriculture impact investment funds to measure the impact of their investments against others.
Data Snapshot is a regular AFN feature in which we analyze food and agriculture technology investment data provided by our parent company, AgFunder. Click here for more
Entocycle, a UK startup that provides technologies and services for the insect farming industry, has secured $5 million in a Series A round from a
AgFunder led a $3 million round for farm real estate marketplace CommonGround, and a cultivated meat company has achieved kosher status.
The week also saw new deals for ingredient tech startups and funding for revitalizing the world’s forests.
It’s the most wonderful time of the year! It’s time for the research team at AFN’s parent company AgFunder to start compiling its global foodtech and agtech investment report, which will be released in early March.
Aquaconnect will use the new capital to build up its product portfolio for both pre-harvest and post-harvest services for the aquaculture industry.
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International Fresh Produce Association launches year 3 of its produce accelerator