The Week in AgriFoodTech: HeavyFinance lands $55m, Bezos Fund commits $60m to alt protein
Plus: Impossible Foods unveils a “meatier” new look to attract more carnivorous customers.
Plus: Impossible Foods unveils a “meatier” new look to attract more carnivorous customers.
Shiok Meats, which had raised more than $30m since 2018, couldn’t see a clear path forward under its own steam.
Plus: Plant-based “NotDogs” from Oscar Mayer and NotCo, John Deere’s “right to repair” case drags on, new meat labeling beef in Iowa.
Meanwhile, France bans the meat from plant-based meat labeling, the US aims for more wind-powered farms.
Plus: Syngenta develops new bioinsecticide, layoffs at Meati, and Miruku raises $5m for molecular farming.
The Varaha platform measures and quantifies carbon sequestration for regenerative agriculture, afforestation and biochar projects.
Plus… 150 job cuts at Plenty, a new green agri fund from Temasek and Norinchukin Bank, cultivated scotch eggs at Fortnum & Mason.
AgFunder partner Michael Dean on discovering the huge opportunity for new technology development and deployment across the food system.
Plus, corporate restructuring at FreshDirect and R.I.P. for RIP Foods.
Who will fund cultivated meat facilities if VC funds are no longer willing to stump up cash for capex projects?
Plus… Steakholder Foods unveils a 3D-printed eel, and carbon removal startup Standard Biocarbon secures $5m for a new biochar production facility.
Meanwhile in France, lawmakers are proposing a ban on cultivated meat, calling that alternative protein “junk food”
Plus: ProfilePrint raises Series B funding & Vow gets a regulatory nod for cultivated quail.
Food delivery is not the only restaurant tech category out there, but it’s been the most prominent over the last decade.
Milano Vice scoops up $9 million for pizza delivery and Clever Carnivore raises $7 million for cultivated pork.
As COP28 kicks off, other agrifoodtech news includes fundraises for aquatech startups and new stats about agriculture emissions.
Food security is top of mind in Singapore, which imports most of its food, but are policymakers connecting it to climate change?
Plus, sugar refiner Nordzucker will invest more than $100 million into plant-based proteins.
Plus: Grow-NY winners announced and Le Fourgon raises new capital to reuse old containers.
Global investment in AgFunder’s ‘Innovative Food’ category (which is dominated by alt proteins) fell by 39% in 2022. However, funding increased by 26% in the Asia-Pacific region. So what should we make of this dynamic?
Sponsored
International Fresh Produce Association launches year 3 of its produce accelerator