The Week in AgriFoodTech: Liberation Labs raises $50.5m, OCELL nabs $10m, Pluri to make lab-grown cocoa acquisition
January 30, 2025
Plus: Non-GMO project tackles ultra-processed foods with new labeling.
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Tag: australia
Rumin8 CEO on livestock methane reduction: ‘It must be profitable for farmers; without them, none of this happens’
January 7, 2025
The most viable route to cost-effective production of feed supplements to reduce methane emissions is synthetic chemistry, says Australian startup Rumin8.
Q&A: CEO Sam Sneddon on how WollemAI plans to become the climate tech vendor of choice in Australia and Southeast Asia
December 10, 2024
WollemAI’s CEO Sam Sneddon talks to AgFunderNews about the company’s strategic positioning and future plans
NEW REPORT: Asia-Pacific agrifoodtech funding recovers with 38% YoY increase to $4.2bn so far in 2024
November 21, 2024
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.
Fats from fermentation: Nourish Ingredients and CABIO Biotech announce strategic biomanufacturing partnership
November 11, 2024
Nourish Ingredients, an Australian startup creating novel fats via fermentation, has struck a deal with Chinese biomanufacturing co CABIO Biotech in which CABIO will manufacture Nourish’s first product Tastilux at commercial scale.
Number 8 Bio CEO: Synthetic chemistry, not seaweed or biomanufacturing, is key to cost-effective livestock methane reduction
October 16, 2024
“The thing that will be most successful in this market has to be very low cost and very high efficacy. And right now I don’t see how that can be achieved with anything that’s not a synthetic chemical,” says Dr. Tom Williams.
New Zealand agritech innovators focus on global expansion, starting in Australia
October 14, 2024
A survey of New Zealand agritech innovators shows they have a strong appetite for global expansion, but most are looking across the Tasman to find collaborators and new markets in Australia first.
Kinoko-Tech teams up with Hela to expand minimally processed, fungi-powered foods across APAC
September 30, 2024
Kinoko-Tech, an Israeli startup specializing in fungi-based fermentation, has struck a deal with Metaphor Foods, the innovation arm of Hela, to produce its minimally-processed fermented foods in APAC.
Australians look to World Agri-Tech to fill horticulture, grains investment pipeline
September 26, 2024
For more than 30 years, Australia’s rural R&D corporations have partnered with traditional research providers to drive innovation that solves industry challenges. Now, they’re also looking to the startup ecosystem for faster, bolder solutions that reach producers sooner.
Algenie emerges from stealth with next-gen bioreactor it claims can unlock algae’s potential in feed, bioplastics, and fuel
September 9, 2024
“If you even mention the word algae, some investors start running for the exits, so we have to prove we’ve cracked it and that we can own it,” says founder and CEO Nick Hazell.
Methane-busting feed supplements are beginning to scale. But who will foot the bill, and what will drive widespread adoption?
September 5, 2024
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.
Cauldron awarded $2.8m to advance continuous fermentation tech, appoints CTO
August 13, 2024
“We’re talking about building smaller, smarter facilities with a lot less capital,” says cofounder and CEO Michele Stansfield.
Designer lipids startup Nourish Ingredients collaborates with dairy giant Fonterra on fats from fermentation
July 23, 2024
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.”
Australia’s IIF wants to build a farm on everyone’s smartphone and de-risk agriculture in the process
July 19, 2024
IIF founder Nathan MacPheeon how his company’s investment platform for farm assets lowers risks for farmers and gets them paid faster.
The Week in AgriFoodTech: Venture studio Squared Circles raises $40m, iyris nabs $16m for indoor ag
May 30, 2024
Plus: new fundraises from MENA-based startups Grubtech, YoLaFresh, and Mileutis.
Livestock management platform AgriWebb tackles the Scope 3 challenge for agrifood corporates with latest funding round
May 22, 2024
It’s time to “separate the wheat from the chaff” when it comes to sustainable livestock production, says AgriWebb co-founder Justin Webb.
Regen ag investment pioneer SLM posts 40% AUM growth driven by US institutional interest, reveals first carbon assessment
May 22, 2024
Across its portfolio, SLM has also sequestered 100,000 tons of CO2e in soil and vegetation between 2016 and 2023.
The Week in AgriFoodTech: Aqua Capital closes $450m fund, Onego Bio ‘poaches’ $40m, BurnBot raises $20m
April 4, 2024
Also: farm labor management platform Seso raises $26 million, L’Oreal backs sustainable pigment producer.
Vow becomes third company to launch cultivated meat, but it isn’t starting with chicken nuggets…
April 3, 2024
“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.
Data snapshot: From ‘lightning in a box’ to microbial carbon capture, agrifoodtech investment moves upstream in Australia as investors focus on climate mitigation
April 3, 2024
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.
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