The Week in AgriFoodTech: Alt meatball alert as La Vie cooks up $27m, baCta lands funds for natural rubber
Plus: Germany’s forward earth raises money for its environmental management software.
Plus: Germany’s forward earth raises money for its environmental management software.
Impact measurement firm 60 Decibels has released what it says is the first-ever study of smallholder farmers’ experiences with digital tools.
Legume Technology secured a $2.83 million grant from the Gates Foundation for its microbial biofertilizer that increases crop yield.
Mercy Corps Ventures has partnered with Stable Foods to launch a new pilot that will test IoT-based irrigation systems for smallholder farms.
Meanwhile, a longtime hot-dog-eating champion got the boot from a famous contest, and plant-based meat is the culprit.
“Our system is anchored on delivering fresh produce at the right price in a timely manner,” says co-founder Youssef Mamou.
Ag insights platform Gro Intelligence is calling it quits after failing to secure enough capital to stay afloat following a turbulent few months, AgFunderNews understands.
Plus: more layoffs at Deere and new fundraising to bring AI into the hospitality biz.
Plus: alt-protein investor Big Idea Ventures enters the biologicals sector.
The PFS consortium shares technical and business expertise with entrepreneurial food companies in 11 African countries.
Plus: Swiss cleantech startup Bcomp raises new funds and Shake Shack expands its carbon neutral shake offerings.
Via an irrigation-as-a-service platform, Stable Foods tackles the prevalent challenge of food insecurity and poverty in East Africa.
Gates Ag One will focus on crop innovations that benefit yields and livelihoods of smallholder farmers in sub-Saharan Africa and South Asia.
Also: farm labor management platform Seso raises $26 million, L’Oreal backs sustainable pigment producer.
Deeper collaborations with Global South peers can herald a paradigm shift in Africa’s agricultural landscape.
ThriveAgric has a target to provide $500 million in credit to 10 million smallholder farmers by 2027 and $1 billion to 20 million by 2050.
The Varaha platform measures and quantifies carbon sequestration for regenerative agriculture, afforestation and biochar projects.
Plus: UPSIDE Foods hits pause on its large-scale cultivated meat production facility and plant-based fur makes its debut.
“The CEO got all [of the] company [together] in a less than five-minute call and the affected ones were disconnected less than an hour and a half afterwards.”
Shamba Pride digitizes many tasks for agro-dealers in an effort to improve quality and traceability as well as access to information.