While burping ruminants are one of the leading sources of methane emissions, surprisingly small sums—just $233m according to AgFunder data—have been pumped into startups tackling the problem over the past decade.
“We’re talking about building smaller, smarter facilities with a lot less capital,” says cofounder and CEO Michele Stansfield.
Nourish will work with Fonterra on Creamilux, a lipid produced by a genetically engineered microbe that “recreates the rich, creamy mouthfeel, taste and emulsification properties of dairy fat.”
IIF founder Nathan MacPheeon how his company’s investment platform for farm assets lowers risks for farmers and gets them paid faster.
Plus: new fundraises from MENA-based startups Grubtech, YoLaFresh, and Mileutis.
It’s time to “separate the wheat from the chaff” when it comes to sustainable livestock production, says AgriWebb co-founder Justin Webb.
Across its portfolio, SLM has also sequestered 100,000 tons of CO2e in soil and vegetation between 2016 and 2023.
Also: farm labor management platform Seso raises $26 million, L’Oreal backs sustainable pigment producer.
“A key part of the proposition to fine dining chefs was that they can serve something that no one else has and no one else can have, because we invented it,” says Vow’s CEO.
Funding into Australian agrifoodtech startups fell 33% last year according to AgFunder data… But it could have been worse: global agrifoodtech funding fell 49% over the same period.
Cauldron believes a continuous fermentation process will be key to unlocking the commercial viability of microbial fermentation for a host of ingredients that have historically been sourced from animals or petrochemicals.
Despite weak evidence for its efficacy, routine ‘preventative’ livestock antibiotic dosing is still common in many countries, says animal health co Genics.
GrainInnovate invests in unique startups developing agtech tools that address challenges for grain growers.
Funding in Novel Farming Systems—an AgFunder category spanning indoor farming, insect ag, aquaculture, and algae production—fell off a cliff last year.
AgFunderNews catches up with two players in this nascent field: Dr. James Petrie at Australian startup Nourish Ingredients, and Dr. Yulin Lu at US startup Yali Bio.
Plus: ProfilePrint raises Series B funding & Vow gets a regulatory nod for cultivated quail.
The UMAMI/Cell AgriTech facility in Malaysia—the first phase of which is set to come online in Q1, 2025—has a projected annual output of 3,000+ tons (6 million pounds) of cultivated meat/seafood.
As COP28 kicks off, other agrifoodtech news includes fundraises for aquatech startups and new stats about agriculture emissions.
We’ve known for years that electrical fields can boost crop yields, says Rainstick cofounder Mic Black. “But try putting lightning in a box.”
Plus, sugar refiner Nordzucker will invest more than $100 million into plant-based proteins.
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Restoring the soil quickly is key to capturing returns in regenerative agriculture