Israeli startup Aleph Farms has struck deals enabling it to take an “asset-light” approach to scaling up cultivated meat production in Israel and Singapore. CEO Didier Toubia tells AFN Aleph is also scouting for sites in the US for a larger scale facility and believes it can achieve cost parity with premium beef by 2028.
Arkeon claims that ingredients are a bottleneck in the alternative proteins and is out to produce ingredients combined with vital amino acids.
Israeli startup Remilk—one of the best-funded players in the nascent animal-free dairy space—has hit pause on plans to build the world’s large-scale precision fermentation facility in Denmark and is instead ramping up production with a contract manufacturer in western Europe.
The deal with Tule brings an additional layer of plant data and a foothold in the California speciality crops market to the table.
AgFunder led a $3 million round for farm real estate marketplace CommonGround, and a cultivated meat company has achieved kosher status.
It’s been a tough few months for the alternative protein startup category, particularly companies developing plant-based meat, dairy, and seafood alternatives
The Kitchen expects “at least half” of new investments to result from venture studio activities rather than from direct investments into existing ventures.
Evigence is a food freshness sensing and analytics company that counts meal kit company Marley Spoon By Martha Stewart as a client.
Alterpacks raised $1 million while greenhouse grower AppHarvest entered a sale-leaseback deal for one if its Kentucky facilities.
Forsea, an Israeli cultured seafood startup is using organoid technolog, mostly used in phrama and developmental biology, to produce cultured seafood.
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.
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International Fresh Produce Association launches 2023 Fresh Field Catalyst Accelerator program