Meanwhile, Perfect Day finds a buyer for its consumer-facing brands and the USDA will invest in underserved forest landowners.
Lissy Smit explains how the Aqua-Spark portfolio is addressing some of the greatest challenges right now for ocean and marine life.
Plus, CPG product-testing startup Highlight raises $18 million and Jimi Biotech debuts cultivated deer antler.
Elsewhere, food robots and restaurant tech saw new funding rounds but also hefty fines for some.
CPG giant Campbell made a new acquisition, as did irrigation management company Lindsay, and a new cultivated meat facility is ready for production in China.
Indonesia’s Beleaf raised funds for its agrbusiness marketplace, Zomato hit profitability for the first time, and White Castle went in on AI.
Oatly has slashed full year forecasts and revamped its strategy in Asia after a weak performance in China and slower than expected progress in the US.
Food robotics had a busy week with several new fundraises; vertical farming company CubicAcres launched a partnership with IGS.
Biotech startup Allonnia raises $30 million, Nestlé says it’s “moving away” from carbon offsets.
Brinc launches a new climate tech accelerator in Asia, and Syngenta opens a new R&D center for seed products and services.
Nextbite faces lawsuit over recent layoffs and delivery giant Meituan buys an AI startup.
Agribusiness platform Unnati Agri lands new funding, hospitality startup C3 buys beleaguered virtual restaurant platform Nextbite.
Stay up to date with the latest people moves for the agrifood industry.
Fazla lands $6 million to stop food waste, Quorn invests in alt deli meat startup Prime Roots.
Agribusiness Marketplaces and Fintech was the most-funded upstream category for India agrifoodtech in 2022.
This week, Neat Burger raised $18m to take its plant-based restaurant chain into new markets, while synthetic biology startup Debut raised $34 million to expand its cell-free biomanufacturing platform.
Climate startup FLINTpro lands $9 million and Meatable says it can produce cultivated pork in just eight days.
eFishery aims to increase aquaculture productivity while also creating more sustainable practices for both the environment and farmers.
Agriculture is the beating heart of New Zealand. So why is New Zealand still not delivering on its full potential as an agri-innovation ecosystem?
Restaurant-tech startup Incentivio scored new funding and one food delivery startup says it’s reached profitability.
