Uber Eats beats a retreat in Europe, Americas, and Middle East
May 5, 2020
Uber is pulling out of the food delivery business in 7 countries to “reinvest… in priority markets.” Here are some clues as to where it should refocus.
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Tag: Europe
Agrifood corporates turn to startups to hedge disruptions and get an edge on trends
May 4, 2020
The Covid-19 crisis offers a stark warning of how vulnerable the food chain is to shocks, and underscores the value of corporations’ engagement with startups to spur new agri-foodtech solutions ahead.
Top 20 Novel Farming System Deals of 2019
May 1, 2020
Novel farming systems saw a 37% increase in funding over 2018 as maturing companies raised larger rounds for the diverse segment.
Farm Tech investment up 370% in 6 years. How will Covid-19 impact 2020 trends?
April 30, 2020
Come rain, shine, or coronavirus, there’s just no halting the AgFunder Research mothership. AgFunder just unfurled its new 2020 Farmtech Investment Report — a data-driven snapshot of global investment in startups building technologies for the farm.
BRIEF: Welsh hydroponics startup Phytoponics raises fresh round of £500k
April 30, 2020
The Welsh controlled environment farming company Phytoponics designs, develops, and supplies Deep Water Culture systems for large scale hydroponic crop production.
Pivot Bio raises $100m Series C to meet demand for sold-out nitrogen-fixing microbe product
April 30, 2020
Farmers have been so hungry for the corn and wheat amendments that the startup has sold out multiple times flying in the face of skepticism over microbes’ efficacy.
Now is the time to invest in FoodTech
April 30, 2020
As investors seek diversity in order to weather the storms ahead, now, more than ever, FoodTech stands out for its value, its strength, its opportunities and the benefits it brings, writes PeakBridge Partners.
EXCLUSIVE: MicroGen Biotech raises $3.8m Series A to take heavy metals out of food
April 29, 2020
We’ve seen microbes for crop health but what if they can help prevent dangerous heavy metals from entering food, too?
How Sweden’s Amazon is disrupting online food in the Nordics
April 29, 2020
Interesting things are happening in the Nordics. MatHem (literally “Food Home”), the market leader in online groceries in Sweden, has teamed up with a local financial colossus and industrial enfant terrible to re-draw the food map, writes Johan Jorgensen.
InnovoPro raises $15m Series B for chickpea protein tech
April 28, 2020
While other investors are tightening their purse strings as the Covid-19 pandemic sweeps the world, Jerusalem Venture Partners has neither stalled nor scrapped its new plant-based protein deal.
Digitizing global commodities trading will take “a lot of time.” Covantis is set to start in Brazil
April 27, 2020
The heavyweight list of project owners includes ADM, Bunge, Cargill, COFCO, Louis Dreyfus Company, and Glencore Agriculture.
Io sto con i ristoratori: Italy’s foodtech industry creates digital taskforce to support foodservice industry
April 27, 2020
“Social Solidarity” is beyond any doubt one of the most used phrases of recent weeks. At the same time, the foodservice industry is probably the most affected sector of the global Covid-19 pandemic, as Italy is the worst-hit European country, writes Antonio Iannone.
Arise, robotic slug slayers
April 27, 2020
Slugs are greedy guests on farms. Some estimates reckon a single slug is capable of killing up to fifty wheat seeds within one week of sowing. A group of UK innovators and farmers are working on a robotic solution.
Earth Day: Hotter, wetter, drought, fires – using satellite imagery to see climate change’s impact on global agriculture
April 22, 2020
For Earth Day, we asked satellite imagery analytics company Geosys to provide an overview of how climate change has impacted agriculture industries all over the world using data from its 2019 Climate & Crop Report.
FoodShot Global is shifting the protein conversation from animal vs plant towards precision
April 21, 2020
“We can’t oversimplify this into good vs evil. The democratization of nutrition is the next frontier of food. Proteins – which are necessary for all key human biological functions, including the musculo-skeletal system, the circulatory system, the pituitary system, and our overall health – will play a critical role in this democratization,” says Victor Friedberg announcing FoodShot’s latest focus area.
Can vertical farming help in the battle against Covid-19?
April 17, 2020
Vertical farming companies have largely seen Covid-19’s pressure on globalized food supply chains as a confirmation of what they had been saying already: resilient supply chains are hyper-local supply chains, especially when it comes to fresh produce. But there is also a more direct way vertical farmers want to confront the virus.
Meal kits at a time of corona: does this crisis deliver an opportunity?
April 16, 2020
Gousto, a UK meal kit company, is seizing the moment either way; it has tapped its investors for an additional £33 million ($41 million) in a funding round led by Perwyn, BGF, MMC Ventures and the influencer and fitness guru Joe Wicks.
How Covid-19 is impacting various points in the US food & ag supply chain
April 16, 2020
Agriculture has not been immune to the sweeping societal changes of the last two months as everyone adjusts to the Covid-19 virus. Here’s a high-level look at the impact from farm gate to consumer.
Tailgate Talk: the labor, pricing and logistics rollercoaster for Generation Farms
April 15, 2020
While Gaston Marquevich is thankful his fresh produce operation Generation Farms in Florida and Georgia has always sold into grocery stores, the Covid-19 pandemic has placed other pressures on his vertically-integrated farm business.
Amid Covid-19, the Gulf region commits $200m to safeguard its food security with agtech
April 15, 2020
Kuwait’s Wafra and UAE’s Abu Dhabi Investment Office have both made commitments to develop agtech in their countries, but are taking different approaches.
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