Aquaconnect will use the new capital to build up its product portfolio for both pre-harvest and post-harvest services for the aquaculture industry.
Investment in farm technologies was particularly buoyant, increasing 185% year-on-year and accounting for 60% of the total number of deals closed.
All three agreed that mergers & acquisitions were more likely to deliver the next big exit over public market listing via IPOs and SPACs, and that the next big exit will be disappointingly low value.
Make a difference – to the world and your career. Intello Labs is reimaging the fight against food loss. We were founded in June 2016
Make a difference – to the world and your career Intello Labs is reimagining the fight against food loss. We were founded in June 2016
Make a difference – to the world and your career. Intello Labs is reimaging the fight against food loss. We were founded in June 2016
Investors poured a record-breaking $15.2 billion into Asia-Pacific agrifoodtech startups in 2021; in 2022, the region continues to break records.
Front-of-house restaurant software startup Zenchef cooks up new financing and Land O’Lakes’ Truterra arm lands a grant from the USDA.
The insect protein startup plans to operate 10 facilities that farm insects for protein by the end of the decade, starting wtih the US.
An eGrocer bagged new capital, Uber and Nuro struck a major deal, and one company legally served foie gras in California.
Carbon-neutral milk company Neutral Milk closed a Series A round and a few different cultivated meat startups reached new milestones.
Farmley, India’s dried fruit and nuts marketplace, secured $6m in Series A funding led by DSG Consumer Partners and Alkemi Growth Capital
Source Global bagged a late-stage round for its drinking water tech and alt-protein startup Paleo unveiled some pre-historic meat analogues.
Make a difference – to the world and your career. Intello Labs is reimaging the fight against food loss. We were founded in June 2016
Make a difference – to the world and your career Intello Labs is reimagining the fight against food loss. We were founded in June 2016
Make a difference – to the world and your career. Intello Labs is reimaging the fight against food loss. We were founded in June 2016
It also saw upstream agrifoodtech deal numbers surpass downstream deals for the first time, says Omnivore managing partner Mark Kahn.
UAE restaurant platform Foodics is expanding overseas, while Saudi Arabia-based Red Sea Farms will take its indoor farming tech global.
Vertical farming and alt-protein saw sizable financings this week, with companies like GrowUp Farms, Novameat, and Wildtype closing significant rounds.
Equip scored $58 million while Tindle parent company Next Gen Foods raised the largest Series A round to date for plant-based protein.
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International Fresh Produce Association launches year 3 of its produce accelerator