Sensient Technologies, a global colors, flavors, and fragrances company, has acquired Mazza Innovation, a Canadian startup with a novel method of extracting plant-based ingredients for the food & beverage, cosmetic and pharmaceutical industries.
The Irish company will launch the first food ingredient discovered using artificial intelligence next year.
The new funding will go toward building out the company’s “Bioworks3” production facility and branching out into more industries beyond the company’s mainstays of agriculture and pharmaceuticals.
This round was led by OS Fund, which, according to its website, “finances and supports inventors and scientists who are working on audacious breakthroughs to solve the greatest issues and opportunities facing humanity today.”
The next in our series of interviews with female CEOs and founders working in agtech, AgFunderNews caught up with Vuong to find out more about Redmelon Company and being a minority female entrepreneur in agtech.
Cavallo Ventures is not just focused on investing in startups; it also wants to partner with them and distribute new products to its customers.
Ginkgo Bioworks, a startup genetically engineering microbes for partner companies in the flavor, fragrance and food industries, has raised $100 million in Series C funding from a variety of late-stage investors.
The startup is building a database of healthy peptides found in agriculture byproducts for use in the food, pharmaceutical, cosmetic and supplement markets.
Phytoption poised to transform the natural additives sector with its solubilizing technology and recently won the BioCrossroads New Venture Competition.
AgFunderNews recently caught up with Seventure Partners to hear about its investment in mushroom-based flavor enhancement company MycoTechnology.
AgFunderNews recently had the opportunity to speak to Andy Ziolkowski, co-founder and managing partner of Cultivian Sandbox, about the firm’s interest in food technology.
