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The Week in AgriFoodTech: Aphea.Bio scores $78m for biologicals, Do Good Foods files Ch. 11, Chipotle’s avocado robots
Biotech startup Allonnia raises $30 million, Nestlé says it’s “moving away” from carbon offsets.
Biotech startup Allonnia raises $30 million, Nestlé says it’s “moving away” from carbon offsets.
Pano AI says the Series A extension highlights the urgent need for more innovations around climate mitigation and adaptation.
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.
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.
From insects to indoor greens, Australian startups demonstrate the potential for novel farming systems at home and abroad.
Investment for Australia agrifoodtech dropped 40% year-over-year in 2022, but enthusiasm for climate-focused companies remains robust.
Several biomaterials startups made headlines with fundraises, partnerships and other developments for leather, wood and oil alternatives.
Meanwhile, vertical farm Kalera gets delisting notice from Nasdaq and Australian eGrocer Milkrun shuts down after just 18 months of operation.
Digital burger delivery service VICIO scored a fresh round of funding and CPG giant Danone invested in cultivated breast milk startup Wilk.
Through a novel patent-pending process, ARC Ento Tech is turning waste into animal feeds, fertilizers and a reductant that could replace coking coal.
Indoor mushroom startup Smallhold expanded thanks to a retail partnership with Sprouts, while reservations platform OpenTable partnered with ChatGTP.
Australian startup Cauldron has raised AUS $10.5m to scale a platform enabling firms to produce high-value ingredients via precision fermentation more efficiently via a continuous process.
Sugar-eating microbes dominate industrial fermentation today. But algae will be the “predominant biomanufacturing platform of tomorrow,” predicts Australian startup Provectus Algae, which is unlocking the potential of photosynthetic algae to make high-value ingredients.
Singapore’s Next Gen Foods acquired an alt-dairy startup, while agtech funding this week was all about ecosystem restoration projects.
A US patent recently granted to Perfect Day— the highest-profile startup in the ‘animal-free’ dairy field—has been challenged by an anonymous petitioner
Impossible Foods and others are cutting staff, while Finland approves the term “burger patty” for plant-based meat marketing.
Funga is “rewilding” forest microbiome to grow more trees and McDonald’s & Beyond Meat test a new plant-based product in Germany.
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Farmers ‘ready and willing to try’ biological crop solutions. Only ‘strong business models’ need apply