How Kenya’s Neruva Technologies’ ecocapsules are bringing food production to urban markets
Neruva Technologies is a Kenyan-based startup that’s leveraging indoor farming to simplify agriculture and bring food production to urban markets.Â
Neruva Technologies is a Kenyan-based startup that’s leveraging indoor farming to simplify agriculture and bring food production to urban markets.Â
Both plant-based and cultivated meats are marked as areas for R&D in China’s Five-Year Plan that sets economic goals for the country.
Nigeria’s female-led Traders of Africa is helping facilitate the trade of African sourced produce, bridging the trust divide between buyers and sellers while at it.
Plus: alt-cheesemakers raise new funds, delivery ‘bots head to college campuses, and IKEA strikes a deal with indoor ag startup Infarm.
In 2021, eGrocery dominated dealmaking yet again; but upstream startups vastly increased their share of funding.
Choco became a unicorn with its latest fundraise, Leaft is making protein from leaves, and Alt Farm is 3D-printing waygu beef alternatives.
China’s Furong Xingsheng and rapid delivery services in the US, Germany, and Turkey made eGrocery the most funded agrifoodtech category of 2021.
Rhishi Pethe interviewed 12 agriculture experts from around the world for his new charity e-book. Here are key takeaways from each conversation he had.
Future Crops stands to benefit from Tencent’s deep domain expertise in AI and automation – as well as its massive footprint in the Asian tech ecosystem.
Xi said that China “should shift our focus from farmland only” and use biotechnology to “obtain calories and protein from plants, animals, and microorganisms.”
Cultivated meat and other “future foods” startups raised a total of $127 million in China during 2020.
‘Future food’ is one of several areas outlined in a new document setting out agricultural policy objectives under the country’s 14th Five-Year Plan.
The Shenzhen-based startup is about to open its first commercial-scale factory, which it says will bring prices of its plant-based products below those of animal equivalents.
Many of big deals during H1 involved startups automating simple, everyday tasks within broader agricultural operations.
Global agrifoodtech funding is still dominated by the US – but a few massive deals in China, India, and other countries are stealing a greater share.
The Shanghai-based firm has also signed Adisseo, Temasek, and UAE government-linked investor ADQ as LPs for its new China-focused fund.
It aims to “get cell-cultured meat onto the tables of Chinese consumers, providing them with healthier, safer, and lower-carbon meat products,” according to co-founder Ding Shijie.
The e-commerce company said it’ll re-invest its profits into a new ‘non-commercial’ initiative aimed at promoting agtech, digitalization, and rural development in China.
Having overtaken e-commerce behemoth Alibaba on the active buyers front, Pinduoduo’s looking upstream at alt-protein and logistics tech, its sustainability head tells AFN.
It could file its prospectus – seeking to raise a reported $10 billion at a $60 billion valuation – as soon as next week.
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International Fresh Produce Association launches year 3 of its produce accelerator