The latest edition of AgFunder’s India Agrifood Startup Investment Report, released today, also reveals that food delivery platforms raked in the most dollars during a difficult year.
The 20-week program, backed by AgFunder, provides agrifoodtech startups with support to scale up and create lasting global change.
Novel Farming Systems ventures raised a total of $911 million in funding during the first six months of the year, according to AgFunder data.
The US startup brings work-from-home to the gig economy, giving drive-thru restaurants a virtual, on-demand workforce, writes AgFunder partner Manuel Gonzalez.
“We’ve spent the money to take the R&D risk away” for vertical farm operators, IGS’s David Farquhar says on the sidelines of COP26.
Green Rebel Cheeze is made is from “locally and sustainably sourced” cashew, potato, and rice, according to the Jakarta-based startup.
The Patna-based startup says it serves 650,000 smallholders and collaborates with 3,000 rural micro-entrepreneurs.
FMO is partnering with AFN to launch a dedicated Africa news edition, strengthening Africa’s agrifoodtech ecosystem through knowledge-sharing and research.
Foods from the lab, such as cultivated meat, drove a greater amount of early-stage investment in upstream technologies and business models in the first half of 2021.
Freshmart was founded in 2016 and claims to have an 18-20% share of the online food market in Peru.
The US startup is growing a plant that can help to reduce the carbon footprint of animal agriculture and become a new ingredient for alt-proteins.
GROW2Asia will help the eight Australian companies validate their market fit and co-develop an internationalization roadmap to establish their presence in Asia.
While mega-deals involving seven Chinese e-Grocery startups accounted for $3.8 billion of H1’s figure, funding to other countries is still on track to outpace 2020 levels, according to the latest data from AgFunder.
Don’t forget to register for the GROW Impact Accelerator’s virtual Demo Day taking place next week.
New Carnivore has made seven deals to date, co-investing with leading VCs such as Andreessen Horowitz, Breakthrough Energy Ventures, and DCVC.
It aims to take the manual labor out of the ag commodities inspection process using computer vision, machine learning, and IoT.
The Singapore-based startup secured the Series A funding from Exfinity Venture Partners, pi Ventures, and AgFunder, among others.
Apeel’s core technology is a plant-based ‘peel’ that can be applied to the surface of fresh produce to maintain its freshness for longer.
The Memphis, Tennessee-based startup provides a platform for restaurants which allows casual workers to log in and take customer orders remotely.
Biteback is creating edible oils from mealworms, while Cellular Agriculture has designed a new type of bioreactor to bring down cultivated meat’s costs.
