The deal, which brings together two of Europe’s biggest instant grocery players, values the combined group at $10 billion.
Berlin, Germany-based Infarm cites skyrocketing energy prices and the wider downturn as reasons for these latest cuts for indoor farming.
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.
Project Carbonview aims to help corn growers to better report and analyze their carbon footprint across the entire supply chain.
The Berlin-based company will launch its liquid egg alternative in Germany and several other European countries early next year.
The Berlin-based startup has set itself the target of replacing 10% of Europe’s dairy products with animal-free versions produced using precision fermentation by 2030.
Kalera will instantly expand its global presence by acquiring &ever, which operates vertical farms across Europe, Southeast Asia, and the Middle East.
CEO Erez Galonska said the deal “represents one of the largest rollouts of any vertical farming company in North America to date.”
It’s taking aim at food waste by helping restaurant suppliers move expiring items more quickly.
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The Munich-based platform said it will use the funding for international expansion, scaling its operations, and investment in R&D.
AgBiome is using its intricate understanding of the plant-related microbiome to develop biological solutions to infections, insects, and nematodes.
AgXeed offers an autonomous tractor that can be used with a variety of implements, which Amathaon thinks is vital to the future of robotics in ag.
Indoor agriculture is highly competitive and highly funded. Who’s leading the race? We spoke to Henry Gordon-Smith of urban ag consultancy Agritecture to find out.
Infarm CEO Erez Galonska declined to comment on rumors that the startup has retained perennial IPO underwriter Goldman Sachs to help it raise more funds.
The projects will complement BASF’s offerings in seeds, seed treatments, biological and chemical solutions, and digital services.
The new growing center takes six weeks to construct and can produce the equivalent of up to 10,000-square-meters of farmland, according to InFarm.
Bioinformatics. Drone surveillance. Farm robotics. BASF Venture Capital’s Markus Solibieda talks to AFN about tech innovations the company’s backing to complement and disrupt the agri-chemicals status quo.
The city-state’s trade minister predicts “many other companies” will follow Perfect Day and others setting up R&D and manufacturing facilities there.
The Hamburg-based startup has built an online marketplace for secondhand agricultural machinery, using AI-powered valuation and offering EU-wide warranties.
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