New School Foods, E-TERRY, BloomX and many other agrifoodtech startups raised funds this week, even as food and ag industry layoffs continue.
Other recent distress signals suggest the big priority for vertical farming company Kalera in 2023 is about surviving rather than scaling.
No farmers. No food. No future. That is the saying that reminds us to value not just where our food comes from, but the farmers that grow it for us, writes Henry Gordon-Smith as an introduction to deep research his team has done into labor shortage in the Middle East.
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.
Ostara closes $70 million round and more than one vertical farming startup ceases operations.
A couple mega-deals of $100 million and over are responsible for the bulk of ghost kitchen investment from the last 12 months.
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.
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.
The country saw four nine-figure US dollar funding deals last year – including two for startups working on cell-cultured meat.
The Abu Dhabi-based startup said it will use the funding to expand its presence in the Middle East, Southeast Asia, and South Korea.
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.
Water scarcity could soon become the ‘new normal’ in many parts of the US, imperilling crop cultivation. But agtech has solutions.
The Riyadh-based B2B marketplace said it’ll use the Series A funds for geographical expansion, and to launch new products and verticals.
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.
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.
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.
Sponsored
Here’s where AI could make the biggest impact in the agrifoodtech sector