Israel’s overall culture shows how the country has built its agrifoodtech with collaboration, support and a sense of belonging you may not find elsewhere.
All three agreed that mergers & acquisitions were more likely to deliver the next big exit over public market listing via IPOs and SPACs, and that the next big exit will be disappointingly low value.
Bruce Gurfein, a UAE entrepreneur has completed a 9,000 km road trip across six countries: the UAE, Saudi Arabia, Jordan, Bahrain, Palestine, and Israel.
InnovoPro CEO Taly Nechushtan talks about building an innovative chickpea ingredient company that caters to clients’ tastebuds sustainably
Trigo will further deploy its cashierless checkout system across Europe and the US, and develop its store and inventory management software, StoreOS.
Local Bounti raises new funds for indoor farming while Bill Gates and others start a new venture to decarbonize rice production in Asia.
BioBetter says it can bring down the cost of growth factors from the normal range of $50,000 – $500,000 per gram to a mere one dollar per gram.
Layoffs, cuts, and reorganizations continue across the foodtech industry, especially for restaurant-related businesses like Sweetgreen and Deliveroo.
UM6P, the venture arm of the Moroccan university with the same name, says the deals are “investment-partnerships” as the two startups stand to benefit from scientific support and testing of their technologies at the university.
The tech-enabled parks are a joint project between India, Israel, the UAE, and the US.
Yeap Proteins is using yeast recovered from industrial sidestreams to produce a complete protein ingredient.
Phytolon, an Israel-based a developer of natural food colors via precision fermentation of yeast, will use the round to hone its technology and commercialize its products, pending regulatory approval.
The country saw four nine-figure US dollar funding deals last year – including two for startups working on cell-cultured meat.
The Israeli startup’s total seed funding now stands at $28 million.
Future Crops vertically farms its produce in a soil-based substrate which “sticks with what Mother Nature tells us,” Grinspan tells AFN. Plus it’s kosher.
SuperMeat’s co-founder and head of communications talks regulatory approvals, transparency with consumers, and the long-term promise of cultivated meat.
Future Crops stands to benefit from Tencent’s deep domain expertise in AI and automation – as well as its massive footprint in the Asian tech ecosystem.
The Israeli company will further develop its smart irrigation tech API for smallholder farmers facing the impacts of climate change.
The chief technology officer is leading the charge to make precision irrigation available to women smallholders worldwide.
Tevel is trialling its tethered drone-based system that can harvest fruit from treetops and carry out other tasks, such as pruning, trimming, and thinning.
