Brief: Impossible Foods prepping to go public at $10bn valuation, sources say
The plant-based burger maker is reportedly planning to go public within the next 12 months, either via a traditional IPO listing or a SPAC merger.
The plant-based burger maker is reportedly planning to go public within the next 12 months, either via a traditional IPO listing or a SPAC merger.
AppHarvest will use the Root AI Virgo robot to help its employees with harvest as well as tidying up around its high-tech greenhouses.
Singapore-based Trax was Southeast Asia’s highest-funded agrifoodtech startup in 2019, according to AgFunder data.
The proposed deal would value Grab at around $35 billion and could complete as soon as this week, according to people familiar with the matter.
The company said the facility in Jiaxing will “significantly increase” the speed, scale, and sustainability of distributing its products across the region.
The French startup uses AI to help supermarkets identify items near expiration and determine whether they should be discounted or donated to charity.
FPT’s new biomethane-fueled tractor engine is at the heart of the historic Fontanafredda winery’s carbon-neutral wine project.
Swiggy also secured investment from sovereign wealth funds Qatar Investment Authority and Singapore’s GIC, according to an internal memo.
The Swedish startup – which recently filed for an IPO in the US – is building its first production facility in Asia to target China’s lucrative dairy products market.
We need entrepreneurs and thought leaders in regenerative food and agriculture to have a high RQ. Logan Yonavjak and Adrian Rodrigues tell us why.
Here are a few extra bits and bytes of agrifoodtech news from around the web this week.
The Netherlands startup is now eight years old. We catch up with CEO Maarten Bosch to find out about its next steps.
The Spanish ‘q-commerce’ app delivers takeout meals, groceries, and other items on demand to more than 10 million users across 20 European countries.
The UK-based food delivery app saw its share price nosedive by as much as 30% during its first day of trading on the London Stock Exchange yesterday.
AI that learns through ’embodied intelligence’ could boost agricultural resilience with its greater capacity to adapt to rapidly evolving climatic events.
The Japanese government has affirmed its “determination” that Sanatech Seed’s new tomato will be regulated as a GE, rather than a GMO, product.
The group will use the funding to expand in the US and China – and to “fuel acquisitions, key partnerships, and investments” in plant-based products.
The Netherlands startup can identify male chicken eggs before a fetus develops, allowing the egg industry to avoid the culling of 6.5 billion male chicks each year.
In spite of the Covid-19 bump for consumer-facing solutions, downstream agrifoodtech funding actually decreased in 2020 if a few China oversize deals are discounted.
The Netherlands-based startup is culturing meat in the lab using a technique that can change pluripotent stem cells from a newborn animal into any desired cell type.
Sponsored
International Fresh Produce Association launches year 3 of its produce accelerator