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.
MICs have “an outsized role to play” when it comes to climate mitigation, says a new report from World Bank.
Plus: Delivery platform Pipedream raises $13 million and Florida signs a ban on cultivated meat.
Bucking the overall global agrifoodtech investment trend, funding returned to pre-Covid levels.
Plus: more pesticide alternatives enter the agtech arena.
Proprietary tech and proprietary strains of seaweed provide a model that’s scalable anywhere in the world, says Seadling founder Simon Davis.
