The investor syndicate includes S2G Ventures, Middleland Capital, ADM Capital's Cibus Fund, Tysons Ventures, Bunge Ventures, Continental Grain Company, and Kellogg’s Eighteen94 Capital.
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.
This Thanksgiving, we at AgFunder are thankful for our portfolio companies. Over the last year, we have invested in transformational food system companies, operating across the supply chain, from farm to fork.
Gastrograph AI, a predictive analytics technology for food and beverage companies, closed a $4 million Series A round of funding last week.
Gastrograph collects data about how people perceive flavors and with machine learning algorithms can offer food companies predictions on how they might react to new products.
"Unless companies can solve supply chain issues and produce more food using novel tech, I don’t think the Chinese food industry will change tremendously,” Temasek's Anuj Maheshwari told delegates at 2050 China Food Tech Summit.
Chinova Bioworks has discovered a natural preservative for food and beverages using chitosan from mushrooms that can be customized for individual food and beverage companies.
We caught up with JUST's director of emerging markets to get into the gritty details of how the company created a profitable product that costs just seven cents per serving.
MycoTech uses mushrooms and fungi to remove bitter tastes from food and drinks.
Agrifood tech is a small but growing segment of the startup and venture capital universe that is increasingly capturing the attention of investors.
A cautionary tale is quietly making its way around food tech investor communities and conferences. The tale is the story of cleantech.
It would be hard for the large multinational food companies to ignore the rapid innovation taking place in their industry.
The highs and lows of the food e-commerce space continued this week with Territory raising $6.7m in Series A funding in the same week that Maple closed and sold some of its assets to the UK's Deliveroo.
It may sound too good to be true, but according to David Rowe, founder and president at Choco Finesse, the proof is in the chocolate pudding.
Securing funding for food and drink start-ups is more difficult than doing the same job for innovators in other industries, according to Alessio D'Antino, CEO and co-founder of Crowdfooding UK.
The accelerator, which is based in New York, selected eight startups from over 500 applications to take part in its 14-week program.
A bumper week of fundings as we catch up from the holidays offer a diverse look at the types of startups innovating in the food and ag space today.
Here the team from Bits x Bites, China's first accelerator VC to invest in early-stage food tech startups, gives us a snapshot of the China food tech startup scene.
A busy week of fundings as the year draws to a close includes food safety technology, insect farming, food waste technology, Indian supply chain technology and more.
In honor of Thanksgiving, we use the iconic turkey dinner and customary side dishes to see just how technology is disrupting our food supply chain.
French startup Algama raised a $3.76 million venture round led by Hong Kong billionaire Li-Ka Shing’s venture arm Horizons Ventures as algae continues to make new waves with diversified uses.