Agrifoodtech investment in France surged 39% to $1.3 billion in 2022 against the backdrop of a 46% decline in Europe and a 44% slump in global agrifoodtech funding over the same period.
French startup Ÿnsect has signed a memorandum of understanding (MOU) with Korean food company LOTTE to explore human food applications for edible insects.
Woodoo—a French biomaterials startup transforming low-grade wood into high-performance, low-environmental impact materials—has raised $31m.
Ÿnsect will shutter its Netherlands facility and shift from animal feed production to pet feed as the company strives for profitability.
Bel Group—the multinational firm behind cheese brands Babybel, The Laughing Cow, and Boursin—has teamed up with AI-powered startup Climax Foods to develop plant-based versions of its iconic brands for launch in Europe and the US by the end of 2024.
With fresh Series B funding, Agriconomie aims to become the European leader in the organics and regenerative inputs market.
From old timers with mega deals to up-and-comers just entering the space, here are the ghost kitchen startups leading the pack of a growing if somewhat controversial segment of the food industry.
The insect protein startup plans to operate 10 facilities that farm insects for protein by the end of the decade, starting wtih the US.
Roughly 70% of German agrifood’s $3.3 billion in funding went to just two companies, both part of the now-struggling instant-delivery sector.
The French startup is aiming to have its first biofungicide product on the market within the next three years.
The French startup will use the funding to accelerate its expansion into North America.
The Paris-based startup will supply insect protein to ADM’s pet foods division, to create “high-quality nutritional” products with “a significantly lower carbon footprint and land requirement.”
The pair are expanding on their earlier collaboration, which “uncovered 10 times more bioactives than previously known” in the soybean plant.
The Breton startup claims its products can stimulate beneficial fungi growth, improve soil structure, fix nitrogen, and improve root nutrition.
The Paris-based platform allows European farmers to browse and buy 150,000 products from 350 ag equipment manufacturers.
The Toulouse-based startup has developed technology that can enhance favorable genetic traits in crops without the need to tinker with their DNA.
MiiMOSA recently raised $9 million in venture funding from Astanor and other investors in an effort to expand its market reach.
Ÿnsect will initially target the sports nutrition segment following the EU’s approval of mealworms as safe for humans to eat.
The French startup uses AI to help supermarkets identify items near expiration and determine whether they should be discounted or donated to charity.
The Paris-based startup offers AI-powered hardware that can be mounted onto the roof of a tractor, sprayer, or spreader to automate operations.
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