CBD products that are orally consumed, legal, and cleared for sale in the UK will now appear the Food Standards Agency’s CBD List.
Elsewhere, the Gates Foundation and Qatar’s development fund pledged $200 million to help African smallholders with climate change adaptation.
The Cambridge, UK-based company aims to recreate ‘upcycling’ in nature by feeding our food waste to fly larvae – which are then fed to livestock.
Beewise aims to save the world’s bee population with robotic beehives; while Arzeda creates enzymes for use in food, personal, and homecare products.
China’s Furong Xingsheng and rapid delivery services in the US, Germany, and Turkey made eGrocery the most funded agrifoodtech category of 2021.
Over in the US, meanwhile, The Every Company launched the world’s first chickenless egg white.
Venture investors pumped $51.7 billion into agrifoodtech startups in 2021, according to AgFunder’s latest global investment report.
The UK-based startup, which helps cattle farmers keep track of their herds and trade animals online, is launching a product to help them with cash flow.
Elsewhere, Plantish scored $12 million for plant-based fish – and Mzansi Meat unveiled ‘Africa’s first’ cultivated beef burger.
Late-stage investment into European agrifoodtech ventures totalled $476 million in 2020 – less than a third of what they raised the previous year.
It’ll now be able to back more high-growth, ‘mid-cap’ agribusinesses aiming to become regional and global players, says chief investment officer Chris Isaac.
Future Crops stands to benefit from Tencent’s deep domain expertise in AI and automation – as well as its massive footprint in the Asian tech ecosystem.
The startup recently raised $10 million in a seed round led by Acre Venture Partners.
Clean Crop Technologies closed a round for crop protection tools and Protenga nabbed capital for its insect farming operations.
Starship’s delivery bots move into new markets, Source.ag aims to make greenhouses smarter, and cultivated meat arrives at Singapore’s hawker stalls.
With so much of the world’s food and fertilizer — and tech prowess too — coming from Ukraine and Russia, we’re facing yet another global food crisis.
Vertical farming and alt-protein saw sizable financings this week, with companies like GrowUp Farms, Novameat, and Wildtype closing significant rounds.
The year-long program is designed to prime Africa’s agrifoodtech VC pipeline by supporting early-stage startups with investment and business readiness.
Equip scored $58 million while Tindle parent company Next Gen Foods raised the largest Series A round to date for plant-based protein.
Nearly two-thirds of the world’s largest meat, fish, and dairy suppliers present a “high risk” of spreading zoonotic disease from livestock to humans.
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