Meanwhile, collaborative investment platform FoodShot Global announced the winners of this year’s esteemed GroundBreaker Prize.
A mix of high inflation, drought conditions, and high energy costs are making the chance of food shortages and food insecurity in the UK ever more likely this winter. We need circular solutions, argues one startup.
Berlin, Germany-based Infarm cites skyrocketing energy prices and the wider downturn as reasons for these latest cuts for indoor farming.
In agtech, produce quality control platform Clarifruit raised $12 million while more layoffs struck the food delivery sector.
Defining sustainability and helping companies build it into their foundations were key themes woven throughout a recent three-day working event StrikeTwo.
Meanwhile, it’s more bad news for food delivery, with a quick-commerce startup shutting down and a major service leaving Australia.
In episode two of New Food Order, Danielle and I speak with the inspiring Paul Polman, former CEO of Unilever from 2009 to 2019 and author of “Net Positive: How Courageous Companies Thrive By Giving More Than They Take.”
War and supply chain issues make indoor wheat an attractive concept. Can the vertical farming industry manage to grow that crop at scale?
Sessions at the AfricArena Grand Summit had diverse panels discussing investments and changing narratives on the perception of Africa’s startup ecosystem.
Other notable raises this week came from shelf-stable meal producer Proper Good and Mexico produce rescue company Perfekto.
With fresh Series B funding, Agriconomie aims to become the European leader in the organics and regenerative inputs market.
All three agreed that mergers & acquisitions were more likely to deliver the next big exit over public market listing via IPOs and SPACs, and that the next big exit will be disappointingly low value.
Attendees to the AgriTech 4.0: Crops, Seeds & Soil conference discussed the need for sharing research and access to financing between academia and industry.
Ostara closes $70 million round and more than one vertical farming startup ceases operations.
Trigo will further deploy its cashierless checkout system across Europe and the US, and develop its store and inventory management software, StoreOS.
Local Bounti raises new funds for indoor farming while Bill Gates and others start a new venture to decarbonize rice production in Asia.
To curb deforestation and habitat destruction, governments must invest in scaling up more sustainable solutions to conventional animal protein production.
Bread-baking robots get funding, GM invests in MycoWorks and Smart Asset raises new capital for its precision-spraying tech for orchards.
The 3rd GROW Impact Accelerator Demo Day will feature 9 agrifoodtech startups from across the globe. Tune in on November 10 to connect with them.
Seren Kell from the Good Food Institute Europe speaks to AFN following a £20 million pledge from two UK bodies to support the sector.
