After a pretty dry spell, agrifood investors were throwing around the big bucks this week, with the launch of two sizeable funds from Astanor Ventures and Humble Growth. There was also big news from MycoWorks…
Plus, two startups raise new capital to improve access and standards for carbon credits.
Plus, new funds for climate tech and Africa smallholders, and an indoor farming startup goes public.
Meanwhile, Perfect Day finds a buyer for its consumer-facing brands and the USDA will invest in underserved forest landowners.
Plus, CPG product-testing startup Highlight raises $18 million and Jimi Biotech debuts cultivated deer antler.
Elsewhere, food robots and restaurant tech saw new funding rounds but also hefty fines for some.
CPG giant Campbell made a new acquisition, as did irrigation management company Lindsay, and a new cultivated meat facility is ready for production in China.
Indonesia’s Beleaf raised funds for its agrbusiness marketplace, Zomato hit profitability for the first time, and White Castle went in on AI.
Israeli startups and investors unveil a flurry of new deals, plus more bad news for Getir.
Food robotics had a busy week with several new fundraises; vertical farming company CubicAcres launched a partnership with IGS.
Biotech startup Allonnia raises $30 million, Nestlé says it’s “moving away” from carbon offsets.
Brinc launches a new climate tech accelerator in Asia, and Syngenta opens a new R&D center for seed products and services.
Nextbite faces lawsuit over recent layoffs and delivery giant Meituan buys an AI startup.
This week, Omeat emerged from stealth with an ‘elegant’ solution to scaling cultivated meat; UPSIDE Foods and GOOD Meat finally got the green light to sell cultivated chicken in the US, and drone startup Guardian Agriculture raised $20m.
Agribusiness platform Unnati Agri lands new funding, hospitality startup C3 buys beleaguered virtual restaurant platform Nextbite.
Fazla lands $6 million to stop food waste, Quorn invests in alt deli meat startup Prime Roots.
This week, Neat Burger raised $18m to take its plant-based restaurant chain into new markets, while synthetic biology startup Debut raised $34 million to expand its cell-free biomanufacturing platform.
Climate startup FLINTpro lands $9 million and Meatable says it can produce cultivated pork in just eight days.
Restaurant-tech startup Incentivio scored new funding and one food delivery startup says it’s reached profitability.
Biotech startup MicroHarvest and sustainability measurement platform Improvin’ also raised funds; Beyond Steak is approved by the AHA.
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