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.
Investors poured money almost equally into the Recycling and Prevention categories of food waste mitigation in 2022 in North America.
Innovators creating bio-based alternatives to synthetic, fossil fuel and animal-based products and materials are capturing investor attention.
eGrocery is still the biggest subsegment in agrifoodtech investing, attracting a cool $5.1 billion in funding in 2022. But that pales in comparison to the jaw-dropping $19 billion raised by food ecommerce startups in 2021, according to AgFunder’s new global investment report.
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
Fable’s meaty mushroom products are minimally processed and clean label with all natural ingredients, a boon amid growing controversy about the alternative meat industry.
2022’s 10 most active food and agriculture technology venture capital firms were dominated by American firms with other leaders spread across Europe.
Operating both a B2B and B2C marketplace, Mayani has nearly 140,000 fish farmers on its platform.
Food delivery, cultivated meat, and bio-energy startups across Asia, North America and Oceana landed agrifoodtech’s top five deals of 2022.
Verdant Robotics recently announced a $46.5 million Series A funding, led by Cleveland Avenue. AgFunder first invested in the seed stage round a few years ago when the company was still in stealth. Here AgFunder partner Rob Leclerc explains why.
Indian farmtech startups raised $1.5bn in the fiscal year ending March 31, 2022, which was around 30% of total funding but 60% of deal count.
Midstream Technologies was a leading category after scooping 60% of the total amount of agrifoodtech investments made in Africa in 2021
The Italian startup uses sensors to monitor the health of honeybee hives and provide apiculturalists with rapid and effective decision support.
MYCL took tempeh as inspiration for its mycelium-based leather alternative, which uses two-thirds less water than the conventional cow-derived material.
The Australian startup has developed an AI-powered platform that can identify, pick, and pack different types of fresh fruits and vegetables.
The Nigerian startup is working to solve Africa’s protein shortfall by developing plant-based products that seamlessly substitute animal meat in local dishes.
The Estonian startup is producing edible and compostable food-grade packaging materials from plant-derived polysaccharides.
The startup provides automation software, connected hardware devices, and an e-commerce platform to create efficiencies for the local industry.
The startup has teamed up with the Los Angeles-based milliner Nick Fouquet to develop three hats featuring its Reishi biomaterial.
Yeap Proteins is using yeast recovered from industrial sidestreams to produce a complete protein ingredient.
Sponsored
Here’s where AI could make the biggest impact in the agrifoodtech sector