Beyond price parity, CEA must focus more on consumer demand to truly scale March 29, 2023 As pricing parity gets closer to conventionally grown produce, focus on demand attributes will be increasingly important to the whole industry.
The year in agrifoodtech: Observations from writing a year’s worth of news roundups December 29, 2022 News roundups from 2022 shed light on the rise and fall of eGrocery, the downturn’s impact on agrifoodtech and what to watch for 2023.
Brief: More consolidation for eGrocery as instant grocery giant Getir buys rival Gorillas December 9, 2022 The deal, which brings together two of Europe’s biggest instant grocery players, values the combined group at $10 billion.
Brief: Meat giant JBS shutters its US plant-based meat division October 3, 2022 The move includes closing down a 189,000-square-foot plant-based meat factory in Denver, Colorado, as well as getting rid of more than 100 jobs.
Brief: “Soaring” input costs are accelerating agtech adoption, McKinsey survey finds September 22, 2022 Research finds that 80% of farmers cite input cost as the biggest risk to profitability; more are considering tools like precision ag and biologicals.
Brief: Misfits Market to acquire Imperfect Foods, says IPO is ‘most likely’ September 7, 2022 The deal strengthens the companies’ business model of selling surplus and ‘ugly’ foods to consumers at discounted prices.
AgTech NEXT 2022 will examine how technology, trade and talent can reinforce our food system August 3, 2022 The three-day event in St. Louis will explore how we can build a more secure food system — and what we must do to take action right now.
Phospholutions will promote more judicious phosphorus usage with its latest fundraise July 13, 2022 Ahead of its forthcoming Series B fundraise, the US-based company has landed $5.3 million in new capital for its phosphorus fertilizer additive.
Brief: Food producers bearing brunt of rising costs vs energy sector as inflation rages on – report June 9, 2022 Food producer costs were 1.4% higher than consumer costs in the US as of March 2022, according to new research from pricing software company Vendavo.
Stable raises $60m to help farmers manage food price volatility May 26, 2022 It will use the Series B funds to grow its fintech platform which simplifies commodity hedging for farmers and food businesses.
Instant grocery delivery’s future looks murky as Getir, Gorillas & Zapp announce cuts May 26, 2022 Layoffs, redundancies, and cooling investor sentiment are the major themes for instant grocery delivery startups this week.
Food inflation 101: What agrifoodtech players need to know about the coming crisis May 19, 2022 War, pandemic, and climate extremes are causing “apocalyptic” food price rises that could “tip tens of millions of people… over the edge.”
Spend 80% of your time on HR: How Agroprosperis partnered with employees to create a profitable agribusiness
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