Paris-based insect farming venture Ÿnsect has been awarded a €20 million grant from the European Commission and a €3.7 billion European public-private partnership to build an industrial-size facility in northern France.
"I had a front-row seat to the buzz - and the reality. It’s easy to criticize this industry, and the entrepreneurs who drive it forward, for being full of hype. In many cases, that is true; but it’s part of a more complicated reality," writes Sean McDonald.
The AgriFood News Aggregator features headlines from around the globe collected on AgFunder’s news sharing platform #feediteach week.Have news to share? Post it here and engage, share, and debate with your peers.
It was an exciting year in farm technology, to say the least, with several exits and record deals set and then overtaken by even larger deals just weeks or months later. Check out the standout deals of 2017.
The Good Kitchen, launched last year as Europe's first accelerator program for social startup businesses tackling food issues, will award low-interest loans to the startups to get their businesses off the ground.
Also, John Deere has opened a strategic technology office in the Iowa State University Research Park and Aggrigator launches a Farm to Shelf Marketplace for small farmers to sell direct to restaurants, schools, and grocery stores.