The Week in AgriFoodTech: ‘Carbon ratings’ agency BeZero Carbon raises $32m, alt-cheese maker Willicroft shuts down
Plus: Mosa Meat and NewCulture request market authorizations for alt meat and cheese
Plus: Mosa Meat and NewCulture request market authorizations for alt meat and cheese
Plus: Syngenta launches partnership to speed up R&D for biologicals
Plus: Ohalo teams with Florida farmers on “disease-resistant strawberries.”
For many foodtech startups 2024 has been a year of resilience and confidence, a time when they managed to win investors’ trust and secure new funding despite an ongoing credit crunch. Here are the top 15 foodtech deals of the year.
Ag biotechnologies and robotics are two segments that have shown significant resilience in 2024 and attracted large deals.
Plus: GE salmon company AquaBounty winds down its only remaining operating farm: “We’ve been working for over a year to raise capital… Unfortunately, these efforts have not generated enough cash to maintain our operating facilities.”
With $280 million raised across 93 deals, in 2024 to date the country ranked third in total agrifoodtech funding in Asia Pacific, due to a 58% increase in funding
VC investment into aquaculture broke records in 2023; 2024 may tell a different story.
In 2024 Asia-Pacific agrifoodtech startups have shown resilience against global market headwinds, securing $4.2 billion in funding and 31% of the global investment in the sector this year.
Regen ag pioneer AEA hopes to transition more growers in the region through a new partnership with Turkey-based precision ag company Topraq.
Two agtechs join forces to address the overlooked tropical crop sector.
Plus: autonomous delivery startup Nuro looks to be making a comeback.
ADM has transitioned more than 2.8 million of its acres to regen ag, according to its newly released progress report.
Electro-stimulation can improve germination, boost tolerance to stress, and accelerate plant growth, says Sylvarum CEO Guadalupe Murga.
Plus: new funding for Packwise, Aeropowder, and HerdDogg
Plus: new fundraises from MENA-based startups Grubtech, YoLaFresh, and Mileutis.
“We have the financial model, investors, and playbook to scale rapidly,” says the Sweden-based company.
Niqo will use new funding to expand its spot-spraying tech across India and into horticulture markets around the world.
Indian startups in the Bioenergy & Biomaterials category including waste-to-value products developer altM raised $14 million in 2023.
This year saw Singapore-based agrifoodtech ecosystem builder GROW attract the highest-quality applicant pool in the accelerator’s history.