Data Snapshot: It’s still early days for ghost kitchen investment
September 14, 2022
A couple mega-deals of $100 million and over are responsible for the bulk of ghost kitchen investment from the last 12 months.
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Tag: middle east
Why Oman is investing in alt protein with a US 🍄 startup
August 1, 2022
When news hit about Oman’s central investment agency Oman Investment Authority partnering with a foodtech company – MycoTechnology – on protein supply, it was worth taking a closer look.
Brief: $2bn ‘integrated ag parks’ to be established in India to tackle global food insecurity
July 14, 2022
The tech-enabled parks are a joint project between India, Israel, the UAE, and the US.
Yeap squares food demand & food waste with its protein made from spent yeast
July 14, 2022
Yeap Proteins is using yeast recovered from industrial sidestreams to produce a complete protein ingredient.
Data Snapshot: Cultivated meat, supply chain tech lead Israeli agrifoodtech deals in 2021
July 6, 2022
The country saw four nine-figure US dollar funding deals last year – including two for startups working on cell-cultured meat.
Billionaire Olayan family backs UAE’s Pure Harvest in $181m fundraise
June 30, 2022
The Abu Dhabi-based startup said it will use the funding to expand its presence in the Middle East, Southeast Asia, and South Korea.
Imagindairy raises $15m in seed extension, set to launch alt-milk products in 2023
May 18, 2022
The Israeli startup’s total seed funding now stands at $28 million.
Meet the founder: Future Crops CEO Gary Grinspan makes the case for soil-based vertical ag
April 25, 2022
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.
Growth in the US agtech sector can help solve water scarcity challenges
February 9, 2022
Water scarcity could soon become the ‘new normal’ in many parts of the US, imperilling crop cultivation. But agtech has solutions.
Retailo raises $36m Series A funding from AgFunder, Graphene & others
February 1, 2022
The Riyadh-based B2B marketplace said it’ll use the Series A funds for geographical expansion, and to launch new products and verticals.
Meet the founder: Tevel’s Yaniv Maor talks field trials with flying robots
January 20, 2022
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.
Brief: ADM, Tyson back cultivated meat company Future Meat in record-breaking $347m round
December 20, 2021
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
Brief: Infarm raises $200m Series D from Qatar sovereign fund, others at $1bn+ valuation
December 16, 2021
Infarm is doubling down on its Growing Centres with a target to have 100 across 20 countries by 2030. The Qatar Investment Authority will work with it to build the emirate’s first Growing Centre by 2023.
Fieldin acquires Midnight Robotics to make farm management more autonomous
November 17, 2021
The deal will add a layer of self-driving capabilities to Fieldin’s existing farm management platform, which relies on tractor-mounted sensors.
Israel’s Imagindairy closes $13m seed round to commercialize cow-free milk proteins
November 17, 2021
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.
The Week in Agrifoodtech: Nick’s raises $100m; Bezos pledges $2b against climate change
November 4, 2021
Swedish company Nick’s grabbed the biggest funding round of the week, while India’s cloud kitchen market grew and Twiga Foods got $50 million to expand across Africa.
UAE indoor farmer Pure Harvest nets $65m to fund Asia expansion
October 28, 2021
The Abu Dhabi-based company will add over 100 crops to its portfolio, as well as new CEA technologies, through its collaboration with PlanTFarm.
South Korean indoor ag startup N.Thing nets $26m Series B funding
October 4, 2021
N.Thing said the funds will go towards worldwide commercialization of CUBE, its modular, software-powered vertical farming system.
Leonardo DiCaprio invests in Aleph Farms & Mosa Meat
September 22, 2021
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.”
Meet the founder: Retailo’s Talha Ansari talks supply chain digitalization in the Middle East
September 15, 2021
“At Careem, we were barely scratching the surface. From tax filing [to] transportation, we realized no-one had tried to solve the problems of the retail industry.”
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I’m drowning in new food! Can someone please restructure me out of this mess?