Global demand for seafood is set to soar in the coming years, yet in the first half of 2024 funding was down 40% compared to the first half of 2023.
The firm will use the funds to develop an industrial-scale facility and expand its team, says founder and CEO Douglas Martin.
“For the first 100 tanks there, we have already sold all our product,” says founder and CEO Daniel Russek.
Water was the theme of the latest Foodshot Global challenge, and more specifically, how tech can help protect water as a resource for food and agriculture.
Coastal shrimp farming comes with a laundry list of problems. So how do you design an alternate system that can eliminate externalities that threaten coastal systems (extreme weather, disease) and still make a margin?
Entobel says it will demonstrate that “it’s possible to produce industrial volumes of insect protein at a competitive cost… and we expect this factory will be profitable early next year.”
Water remains one of the most undervalued and underinvested resources in agrifood innovation despite its intrinsic role in the food system.
Projections show a 14% growth in seafood demand by 2030 versus 2020 levels.
The novel farming systems category has raised $826 million so far in 2023, according to preliminary data from AgFunder.
Lissy Smit explains how the Aqua-Spark portfolio is addressing some of the greatest challenges right now for ocean and marine life.
Climate finance for agrifood systems must increase seven-fold to transition industries into taking climate mitigation and adaptation actions.
Nordic agrifoodtech startups raised nearly $500 million across 39 deals from mid-July 2022 to mid-July 2023, according to AgFunder data.
Innovators in New Zealand look to improve food production while weaving indigenous perspectives and sustainability throughout every step.
eFishery aims to increase aquaculture productivity while also creating more sustainable practices for both the environment and farmers.
Tepbac stands out for its unwavering commitment to bettering the lives of shrimp farmers and improving the aquaculture industry of Vietnam.
Tepbac will use the funding scale its hardware-software system that promises to equip shrimp farmers with more efficient, sustainable tools.
Sustainable Planet works with smallholder farmers in some of the world’s most arid places to produce water lentils that provide both food and income.
Data Snapshot is a regular AFN feature in which we analyze food and agriculture technology investment data provided by our parent company, AgFunder. Click here for more
Operating both a B2B and B2C marketplace, Mayani has nearly 140,000 fish farmers on its platform.
Pyramidia Ventures is taking an alternative approach to venture capital to help solve Kenya’s pressing food security and climate change challenges.
