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.
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
The deal will add a layer of self-driving capabilities to Fieldin’s existing farm management platform, which relies on tractor-mounted sensors.
The Tel Aviv-based startup “feeds microorganisms instead of cows,” allowing it to avoid many of the ecological pitfalls of traditional dairy cattle production, it says.
Its self-described “robotics as a service” platform combines robotic tractors with management software to complete a range of tasks.
The Hollywood actor, who’s also joining the startups in an advisory capacity, said they’re solving “some of the most pressing issues [in] industrial beef production.”
FieldIn claims that its real-time decision support platform has generated a 25% increase in farm productivity for its users.
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