The Shanghai-based firm has joined the Series A round of Mojia Bio, which synthesizes essential nutrients for human and animal consumption.
Sun Art operates close to 500 stores across China which have been integrated with Alibaba’s food e-commerce platforms Taoxianda and Tmall Supermarket.
The Indian food delivery unicorn is planning to go public in H1 2021.
To mark International Food Loss & Waste Awareness Day, AFN spoke to three startups who are taking three very different approaches to food waste reduction.
The round was led by The Rise Fund – a unit of US private equity giant TPG Capital – and Swire Pacific, an arm of Hong Kong trading house Swire.
Bits x Bites founder Matilda Ho thinks China’s digital revolution is finally reaching the farm gate, in spite of Covid-19, swine fever, and the trade war.
Bunny Maicai is one of several ‘group-buying’ startups in China to have pulled in big bucks lately.
Israel’s SupPlant and US-based ClimaCell have joined forces to make precision ag insights more accessible to low-income farmers in emerging markets.
It’s one of several online group-buying platforms for fresh produce in China that has raised major funding from investors in recent months.
MissFresh was the highest-funded agrifoodtech startup in China last year, raising $700 million in a debt round from a local government-linked fund, according to AgFunder research.
PuduTech and Meituan Dianping will collaborate on robotics and catering digitization, and explore opportunities in “localized lifestyle services.”
For the first time, home cooks in China will be able to purchase Beyond Meat’s plant-based products off the shelf, starting with Alibaba’s ‘new retail’ supermarket chain Freshippo.
CEO Erik Fyrwald previously told AFN that Syngenta’s takeover by ChemChina “gives us the freedom for increased investment around seeds and crop protection.”
The Chengdu company is part of China’s booming trend in ‘new convenience foods,’ with online marketing channels such as livestreaming driving 55% of its sales.
The Suzhou-based startup allows customers to group-buy fresh produce directly from farmers by placing orders via WeChat or local stores.
The US company had earlier partnered with Starbucks to offer its plant-based products in the country, while KFC previously trialed alt-protein from Cargill.
The Swiss multinational plans to build a factory producing plant-based foods in Tianjin, joining a growing list of alt-protein businesses setting up shop in the country.
The Canadian icon will ramp up its expansion in China and improve its digital capabilities with a helping hand from the Shenzhen-based tech giant.
The Guangzhou-based startup raised a total of $29 million across two rounds last year. On-demand giant Meituan Dianping co-led the latest fundraise.
Ecoinno wants to offer a ‘third way’ between traditional, petroleum-based plastics, and bioplastics produced from non-naturally occurring polymers.
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets