
2022’s 5 biggest foodtech deals
Food delivery, cultivated meat, and bio-energy startups across Asia, North America and Oceana landed agrifoodtech’s top five deals of 2022.
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.
Circular economy startups addressing food waste, plastic alternatives and upcycling in Europe’s agrifood sector raised just 2.6% of VC funding last year.
Co-founder Roozbeh Ravansari says the startup’s ‘point-and-shoot’ system can help facilitate emerging ag carbon markets and optimize fertilizer use.
“Our farmers are part of the value chain and we impart the importance of quality and preserving natural resources,” says co-founder Gianluca Franzoni.
The Canadian startup is producing a natural shelf-life extender from mushroom stems that’d otherwise be thrown away.
Norichukin Bank recently joined the first close of AgFunder’s $100m Fund IV as a limited partner to advance Japan’s agriculture, fisheries, and forestry industries.
In 2021, eGrocery dominated dealmaking yet again; but upstream startups vastly increased their share of funding.
It says revenue from its marketplace for new and used farm vehicles grew 7x over the past two years.
The 10 latest startups to join the GROW Impact Accelerator include tech solutions for protein deficiency, beekeeping, and livestock antibiotic resistance.
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