The Week in AgriFoodTech: Matsmart-Motatos grabs $43m to save food waste, RED Horticulture bags $18m, TômTex makes leather from fish
Plus, sugar refiner Nordzucker will invest more than $100 million into plant-based proteins.
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?
The Middle East, Africa and South Asia have many ties between them that create a huge market opportunity for agrifoodtech.
Two years ago, investors were throwing money at alt protein startups. Today, the environment is way more challenging.
Precision fermentation might make commercial sense for high-value ingredients such as enzymes or lactoferrin. But what about low-value, high-volume ingredients such as casein proteins?
Instead of using black soldier flies for feed and fertilizer, Singapore-based Insectta hopes to expand their applications to everything from personal wellness and pharmaceuticals to organic electronics.
Bioomix announced funding for its microbial ag solutions and Doritos is on a mission to silence its chips.
Asia-Pacific Ag Biotechnology startups raised $813 million in 2022, making it the top-funded upstream category for the year.
Overstory banks new funding to monitor vegetation with satellites, FarmInsect raises capital to turn insects into livestock feed.
Asia-Pacific has long been a hotbed for agrifoodtech innovation; the recent decline in VC funding isn’t likely to change that.
Everyone agrees that the cost of cell culture media has got to come down dramatically if cultivated meat is going to gain market traction. But what’s the most efficient way to do it?
Plus: eFishery expands to India, California bans four ingredients, and Indonesia has a new agbiz marketplace to watch.
From low pressure hydroponics to customized enzymes, 30 agrifoodtech startups will showcase their wares at the Asia-Pacific Agri-Food Innovation Summit in Singapore, Oct 31-Nov 2.
Tikehau Capital invested in a biologicals startup and agrifoodtech layoffs continued.
After a pretty dry spell, agrifood investors were throwing around the big bucks this week, with the launch of two sizeable funds from Astanor Ventures and Humble Growth. There was also big news from MycoWorks…
Plus, two startups raise new capital to improve access and standards for carbon credits.
As smartphones have proliferated and technological advancements have enabled more transparency around agricultural products and pricing, farmers are gaining more trust in online tools as a means to do business and improve their finances.
Plus, new funds for climate tech and Africa smallholders, and an indoor farming startup goes public.
Meanwhile, Perfect Day finds a buyer for its consumer-facing brands and the USDA will invest in underserved forest landowners.