Why FLORA Ventures chose Israel’s Kibbutzim to back its new fund for emerging agrifoodtech
FLORA will invest in early-stage agrifood startups via the launch of its $80 million fund backed by Israel’s Kibbutzim community.
FLORA will invest in early-stage agrifood startups via the launch of its $80 million fund backed by Israel’s Kibbutzim community.
Food robotics had a busy week with several new fundraises; vertical farming company CubicAcres launched a partnership with IGS.
PerPlant says its tech can monitor fields and generate insights with centimeter-level precision at a fraction of the cost of other tools.
Biotech startup Allonnia raises $30 million, Nestlé says it’s “moving away” from carbon offsets.
Brinc launches a new climate tech accelerator in Asia, and Syngenta opens a new R&D center for seed products and services.
Ÿnsect COO Shankar Krishnamoorthy will assume the role of CEO; founder Antoine Hubert will pivot to focus on science, IP and strategy.
Nextbite faces lawsuit over recent layoffs and delivery giant Meituan buys an AI startup.
Agribusiness platform Unnati Agri lands new funding, hospitality startup C3 buys beleaguered virtual restaurant platform Nextbite.
Stay up to date with the latest people moves for the agrifood industry.
Fazla lands $6 million to stop food waste, Quorn invests in alt deli meat startup Prime Roots.
Used in everything from lipsticks to alt meat, tropical oils come with environmental costs. But can microbes give them a run for their money?
This week, Neat Burger raised $18m to take its plant-based restaurant chain into new markets, while synthetic biology startup Debut raised $34 million to expand its cell-free biomanufacturing platform.
Climate startup FLINTpro lands $9 million and Meatable says it can produce cultivated pork in just eight days.
Restaurant-tech startup Incentivio scored new funding and one food delivery startup says it’s reached profitability.
Biotech startup MicroHarvest and sustainability measurement platform Improvin’ also raised funds; Beyond Steak is approved by the AHA.
Beyond Meat CEO Ethan Brown says he is confident of returning to growth and achieving cashflow positive status in the second half of this year, after posting a 17.7% decline in net revenues to $195.5m in the first quarter of 2023.
Ecorobotix offers weeding and crop protection via its “high-precision sprayer” for targeted herbicide, fungicide and pesticide application.
Robots that automate the task of weeding are far and away the most popular right now amongst specialty crop growers, says Western Growers.
Plus, Meati expands across the US & agronomy service Agrii invests in Drone Ag.
Agrifoodtech investment in Europe fell 46% to $5.1bn in 2022, consistent with a 44% drop in global funding. But there were some bright spots…
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International Fresh Produce Association launches year 3 of its produce accelerator