Mars will “push the boundaries of what is possible through regenerative agriculture” to help it achieve its target, according to sustainability head Barry Parkin.
Talmond, Safi Organics, and Yanaya are among Africa’s women-led businesses identifying untapped resources to boost farmer incomes and cultivate healthy livelihoods.
The fast food retailer will work with the Science Based Targets initiative to adjust its current emissions-reduction strategy across its business.
The US alone pledged $10 billion to transform global food production and consumption over the next five years. But is it enough?
It’s reintroducing small-scale biogas technology to Malawi’s farms in order to provide a more sustainable source of fuel and fertilizer.
The category includes cell-cultured meat, plant-based analogs, fermented and fungi-based proteins, functional foods, and other novel ingredients.
Elsewhere, AFN examined data which suggests that agriculture is far from pulling its weight when it comes to carbon credits generation.
Beyond venture capital, private equity, and general debt, there is one valuable potential source of cash that many agrifoodtech startups are overlooking.
Startups focused on food and water received more climate-conscious capital than those in any other sector over the past 12 months, according to Climate Tech VC.
Since the start of the year six agtech SPAC deals have been announced – most involving indoor farming or biotech, and all valued at over $1 billion.
Releaf recently raised $4.2 million to build palm oil processing facilities across Nigeria that it claims can boost the sector’s productivity 200x.
Regenerative ag topped the headlines over the past seven days as agrifood colossi Cargill, Heineken & Nestlé each announced new initiatives.
The impact investor aims to prove the commercial “climate resilience” opportunity in African agtech ventures like Kenya’s SunCulture and Nigeria’s Tomato Jos.
Spiber is valued at $1.22 billion following this latest round – while SpotOn hit a post-money valuation of $3.15 billion, according to reports.
Meat for human and animal consumption is responsible for 57% of food production’s emissions – with beef alone making up 25%.
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.
In other news, Carbon Robotics, Plantible, and Olio raised big rounds.
The Nigerian startup’s goal is two-fold: to offer affordable meat alternatives to African consumers, and to match local taste and texture preferences.
The Kenyan startup is hoping its inventory management app can digitalize supply chains and mitigate financing challenges for food businesses across Africa.
They’re hoping the insights they derive will revolutionize outdoor production, too.
