
Anti-allergy startup Ukko scores $40m in Bayer-led Series B
The Israeli startup is using a combination of AI and bio-engineering to develop functional ingredients and therapeutics for people with gluten and peanut allergies.
The Israeli startup is using a combination of AI and bio-engineering to develop functional ingredients and therapeutics for people with gluten and peanut allergies.
Spain’s Glovo and Turkey’s Getir are both targeting the boom in demand for so-called ‘q-commerce’ – ultra-quick, 30-minute-max delivery of groceries purchased online.
The cattle ranches of Texas have long provided protein for the US populace. Qualitas wants to continue that tradition – but it’s raising algae instead.
Israel’s Soos uses sound waves to transform male chicken embryos – which are typically culled once hatched – into commercially viable egg-laying females.
The Singapore sovereign fund’s acquisition of a majority stake in the Israeli company is just the latest sign of its increasingly hard focus on agrifoodtech.
International Finance Corporation led the round, with Citrosuco – the world’s largest producer of orange juice – and ag machinery giant Kubota joining in.
Abu Dhabi has been looking at ways to produce more of its food closer to home in light of the pandemic, geopolitical flux, and advances in agtech.
Israel’s TIPA says demand for its compostable packaging inputs has been driven by consumers seeking more sustainable solutions from brands and retailers.
Orbia Ventures will target Series A and B deals with a $1 million to $6 million check size, focusing on startups that are strategically aligned with its Mexican parent company.
OurCrowd is teaming up with agtech accelerator Sprout to take a little of the ‘Startup Nation’ magic down under.
The Israeli bio-herbicide startup will use the funding for product development, scaling its operations, and regulatory advancements.
“There’s an abundance of need for what they do,” Prince Khaled, Saudi royal and new investor in the Oakland-based startup, told AFN.
The Bengaluru-based startup claims to be “the world’s largest fully integrated online brand in fresh fish and meat e-commerce.”
The Jordanian startup provides fish, plant, and disease libraries and a platform for managing aquaponic systems, which it sees as key for food resilience in the region.
Bovine mastitis is a major financial and welfare problem for dairy farmers, but standard antibiotic treatments are increasingly controversial.
Former investors in Saturas — Gefen Capital and Hubei Forbon Technology — have committed to the round, alongside the Trendlines Agrifood Fund
Red Sea Farms and Kirchner Group are joining forces to help climatically challenged communities “grow local” in the face of supply chain fragility.
Kuwait’s Wafra and UAE’s Abu Dhabi Investment Office have both made commitments to develop agtech in their countries, but are taking different approaches.
Lever VC, a firm specializing in alternative protein investments, led the round, which was joined by Prince Khaled bin Alwaleed bin Talal al Saud’s VC firm KBW Ventures and Silicon Valley investors K2 Global. The investment sums involved were not disclosed on record.
AFN spoke to Elham Al Qasim, acting CEO of the Abu Dhabi Investment Office, to discuss the ins and outs.
I’m drowning in new food! Can someone please restructure me out of this mess?