Three of the biggest funding rounds announced in the last week involved on-demand food and grocery delivery startups from various countries.
The Kenyan agtech venture is helping small farmers shift toward sustainable commercial farming with access to seeds, finacing and markets.
US hospitality software provider Flipdish raised $100 million in a Tencent-led round, while UK indoor farming startup Vertical Future scored $29 million.
The timing of KKR’s vote of confidence is particularly interesting as concerns mount about the future of some vertical farms, but Bowery CEO Irving Fain says it’s a positive inflection point for the industry.
Tevel is trialling its tethered drone-based system that can harvest fruit from treetops and carry out other tasks, such as pruning, trimming, and thinning.
The Dutch VC invested in the 25-year-old tilapia farming company to curb Africa’s reliance on food imports and address skyrocketing protein needs.
Remilk was one of a bevvy of agrifoodtech startups to close funding rounds above or around the $100 million mark this week.
The biological inputs market is predicted to grow at a CAGR of 11.9% over the next five years, compared to chemicals’ 3.7%, according to recent market research.
Elsewhere, soil-sensing company Stenon raised $20 million and John Deere showed off its first commercially available autonomous tractor.
The Annapolis, Maryland-based company uses microbes to convert agrifood byproducts into fuel and fertilizer.
Here’s wishing all of our readers, sponsors, and supporters a very happy 2022!
It was another busy year for AFN’s external contributors. Here are our 20 most-read guest posts, by unique pageviews, over the past 12 months.
The top three deals of 2021 involved companies from China, India, and the US – and were focused on grocery, food retail, and logistics.
Global cropland has expanded 9% over the past 20 years, with Africa and South America seeing the greatest gains – and half coming at the expense of “natural vegetation and tree cover.”
The UK startup will use its insect farms to turn food waste from Morrisons supermarkets into feed for hens to produce ‘carbon-neutral’ eggs.
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
Our report is our love letter to the ecosystem. Here’s how you can help us share the love and make sure you’re included.
Catering startup ezCater kicked its valuation over $1 billion, alt-protein funding proliferated, and José Andrés started championing cultivated meat.
Infarm is doubling down on its Growing Centres with a target to have 100 across 20 countries by 2030. The Qatar Investment Authority will work with it to build the emirate’s first Growing Centre by 2023.
Vertical farming is facing a period of depression and correction as big farms struggle to pay investors back while running complex and expensive operations. But that’s not necessarily a bad thing, writes Henry Gordon-Smith.
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