Danone North America now sources 2.4 billion pounds of its dairy milk from its regenerative ag program, representing 75% of its milk sourcing.
“We don’t have 15 years to figure this problem out,” the Nowadays co-founder and CEO says of animal agriculture’s role in the climate crisis.
Alternative protein technologies like casein and whole-cut “meats” are the first investments from PeakBridge and Edmond de Rothschild Private Equity’s fund.
Alt meat, seafood, dairy, and egg companies can use the reporting frameworks to standardize their ESG impact for investors and consumers.
The US alt-dairy startup has posted the winning ₹6.38 billion ($79.8 million) bid to take over Sterling Biotech, which entered liquidation in 2019.
“Our farmers are part of the value chain and we impart the importance of quality and preserving natural resources,” says co-founder Gianluca Franzoni.
Insect protein and bio-textiles increasing in importance as alternative proteins become a bigger priority for climate-forward investors.
Seed funding will enable the US- and India-based company to further develop its milk alternative made with mammalian cell cultured technology.
Alternative protein and eGrocery grabbed the bulk of the top 15 deals in 2021, but midway through 2022, the future for one of them is far less certain.
The Israeli startup’s total seed funding now stands at $28 million.
Innovative Food was 2021’s most active agrifoodtech investment category, driven by mega-deals for the likes of Impossible Foods and Perfect Day.
Ghana’s nascent agrifoodtech sector is active, but investors lack familiarity with the market while entrepreneurs are cautious of raising capital too soon.
The Canadian telco’s social impact fund boosts the number of agtech startups in its portfolio with this latest round of investments.
“In seeking Series A investors, we were intentional about collaborating with experienced food industry professionals,” says CEO Matt Gibson.
The Tel Aviv-based startup “feeds microorganisms instead of cows,” allowing it to avoid many of the ecological pitfalls of traditional dairy cattle production, it says.
Green Rebel Cheeze is made is from “locally and sustainably sourced” cashew, potato, and rice, according to the Jakarta-based startup.
TurtleTree said it will use the capital to move closer towards the commercial launch of its first cell-based milk protein products.
Talmond, Safi Organics, and Yanaya are among Africa’s women-led businesses identifying untapped resources to boost farmer incomes and cultivate healthy livelihoods.
The category includes cell-cultured meat, plant-based analogs, fermented and fungi-based proteins, functional foods, and other novel ingredients.
The Berkeley, California-based startup uses genetically modified microflora to ferment sugar into proteins found in cow’s milk.
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