The first wave of European food tech companies has mostly focused on building technology and logistics platforms to deliver food to consumers. And while the plethora of new food e-commerce options across the globe has caused investor fatigue and failures, the five leading food delivery companies in Europe are now worth seven times more than their combined investment, an awesome feat, according to Niccolo Manzoni, partner of agrifood tech investment firm Five Seasons Ventures.
European food tech startups are on course to have raised between €750 million to €1 billion in 2018, according to different estimates. That will be around a 40% decline on 2017 funding levels.
We’re talking early stage, but there was real quality in the room, writes Johan Jorgensen from Sweden FoodTech.
The web and mobile platform allows grain farmers to manage and oversee their farm in real-time, including employee operations and activities in the field.
Dutch startup In Ovo has completed a Series A raise with Singapore-based disruptive food system venture fund VisVires New Protein and global specialty chemicals company Evonik.
During this year’s World Agritech Innovation Summit in London, five out of the 13 startups showcased were Norwegian. Why does this small mountain nation have so many technology ideas?
CageEye’s echo-sounder technology uses software and hardware to track acoustic data in a fish cage, while relying on machine learning to measure and analyze biomass movements.
The culture of collaboration that has propelled the Netherlands to become the global champion of food exports should serve as inspiration for Australia’s agrifood sector, according to a new report from KPMG and AgFunder.
Israeli sugar reduction technology DouxMatok has landed a partnership with Europe’s largest sugar producer Südzucker, and a similar US announcement is on the way
Tarfin, a Turkish startup providing farmers with credit to purchase the inputs they need each season, has successfully sold its first portfolio to a family office.
Seventure Partners and Adisseo's fund will focus on two segments—animal health, feed and nutrition and digital technologies serving the livestock industry, investing at every stage, regardless of geography.
Anders said that the new funding comes with a widened view of what kind of investments a sector-specific VC should be making and where agrifood innovation will come from.
Chipotle loses a controversial executive, cultured leather comes to New York, TechAccel commits to innovation at UC Davis, and more in this week's brief.
Five Seasons Ventures, a new European VC focusing on agrifood tech investments has launched its first fund, announcing a first close on €60 million ($74.3m). Backers include Nestlé, the European Investment Fund, Fondo Italiano d’Investimento, Bpifrance, and selected family offices and entrepreneurs.
The Hatch accelerator will start its first cohort this spring and CEO Carsten Krome says the effort is a response to the holes he has seen in the current ecosystem for aquaculture technology startups.
Micropep Technologies, a French ag biotechnology company has raised a €4 million ($4.94 million) Series A round of funding. Micropep is developing crop enhancement products using micro-RNA or miRNA.
Novolyze develops and manufactures microorganisms to improve food safety validation processes for food processors and manufacturers.
The decision comes after weeks of votes and protests about the future of the controversial chemical in the EU, which has been far more skeptical than other parts of the world regarding glyphosate and the genetically-modified seeds created to resist it by Monsanto.
Some key changes at IKEA in the wake of a deep dive into their supply chain include introducing the veggie meatball as well as taking Coca-Cola and Pepsi products off the menu.
We caught up with Bénédicte Monpert, a partner at CapAgro since 2015, to find out why the firm is looking to invest in more robotics startups ahead of the International Forum on Agricultural Robots in Toulouse, France.