GOOD Meat, the cell-cultured meat business of US alt-protein startup Eat Just, has secured $97 million in funding as a continuation of the $170 million
Picnic dispatches groceries from strategically located, automated hubs to its customers’ doorsteps using electric minivans.
Meat for human and animal consumption is responsible for 57% of food production’s emissions – with beef alone making up 25%.
The Dutch government may consider farm expropriation, among other measures, in an effort to reduce nitrogen emissions.
It’s “an instrumental step in upscaling the European insect sector,” according to industry group IPIFF.
The US tech giant claims the scheme will restore 20,000 hectares of forest within three years and remove 10 million tons of carbon from the atmosphere by 2050.
The US tech giant also said it’s building “robust temperature-controlled supply chain infrastructure” to preserve food quality and reduce waste.
Qatar and US-based Eat Just will build what they say is “the MENA region’s first-ever facility for cultivated meat” in the Middle Eastern country.
The e-commerce company said it’ll re-invest its profits into a new ‘non-commercial’ initiative aimed at promoting agtech, digitalization, and rural development in China.
The US startup said it plans to build a “national network of new high-tech farms that will accelerate the salad industry’s transition to indoor farming.”
The early Twitter and Uber investor’s climate-focused VC firm has invested in several alt-protein and sustainable ag startups.
Kalera will instantly expand its global presence by acquiring &ever, which operates vertical farms across Europe, Southeast Asia, and the Middle East.
Under-fire Oatly had accused the UK’s Glebe Farm, which produces an oat-based milk called PureOaty, of infringing its trademark rights.
AppHarvest also announced the appointment of former Amazon tech exec Mark Keller to head up its on-farm robotics efforts.
CEO Erez Galonska said the deal “represents one of the largest rollouts of any vertical farming company in North America to date.”
The Chilean startup said the round – which also saw participation from sports stars Roger Federer and Lewis Hamilton – values it at $1.5 billion.
Zomato, which competes for the mantle of India’s top food delivery app with rival Swiggy, is reportedly valued at $12.2 billion post-IPO.
Nestlé is said to be planning a range of products which blend cultivated meat with plant-based protein.
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
It closed its Series B round just three months ago – but says it needed more money for its aggressive expansion plans.
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International Fresh Produce Association launches 2023 Fresh Field Catalyst Accelerator program