The week in agrifoodtech: BigBasket bags $200m, Kodama’s forestry funding, more restaurant tech layoffs
In agtech, deals from Grow Indigo, FreezeM and others were all about insect farming, forest restoration and capturing more carbon.
In agtech, deals from Grow Indigo, FreezeM and others were all about insect farming, forest restoration and capturing more carbon.
From widespread soil degradation in Africa to Iowa’s quickly disappearing “black gold,” the numbers show how urgent the world’s soil situation is.
Meanwhile, collaborative investment platform FoodShot Global announced the winners of this year’s esteemed GroundBreaker Prize.
Meanwhile, it’s more bad news for food delivery, with a quick-commerce startup shutting down and a major service leaving Australia.
PeakBridge and others participated in the Series A round, which Vow says will enable it to bring its cultivated quail to Singapore soon.
Other notable raises this week came from shelf-stable meal producer Proper Good and Mexico produce rescue company Perfekto.
Innovative Food startups garnered $356 million in 2021; much of that went to Singapore alt-protein companies as well as those in China and India.
The growAG platform connects startups, researchers, investors and other key players with opportunities in Australia’s agtech industry.
Investors poured a record-breaking $15.2 billion into Asia-Pacific agrifoodtech startups in 2021; in 2022, the region continues to break records.
Australia’s evokeAG Startup Program is instrumental in connecting local and global startups to farmers researchers, corporates, governments and investors.
Bread-baking robots get funding, GM invests in MycoWorks and Smart Asset raises new capital for its precision-spraying tech for orchards.
Meanwhile, Estonia-based FlyFeed lands funds to build insect farms and more delivery robots head to university campuses courtesy of Grubhub and Starship.
Canada’s Elevate Farms got a fresh injection of capital for its indoor farming business and Gourmey raked in funds for its cultivated foie gras ambitions.
The Factory 1 cultivated meat facility will handle commercial production for Vow’s “extremely delicious” first product it aims to launch this year.
Front-of-house restaurant software startup Zenchef cooks up new financing and Land O’Lakes’ Truterra arm lands a grant from the USDA.
The Australian company offers consumer and industrial versions of its compostable wrap that can replace petroleum-based plastic versions.
The Australian startup has developed an AI-powered platform that can identify, pick, and pack different types of fresh fruits and vegetables.
Source Global bagged a late-stage round for its drinking water tech and alt-protein startup Paleo unveiled some pre-historic meat analogues.
Canadian indoor farming company Fieldless Farms raised Series A funding and MycoWorks debuted hats made from mushroom roots.
It’s scouting the globe for tech startups and solutions that can take the country’s world-leading grains industry to new heights.