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.
Plus, Meati expands across the US & agronomy service Agrii invests in Drone Ag.
Several biomaterials startups made headlines with fundraises, partnerships and other developments for leather, wood and oil alternatives.
Plus, $53 million for restaurant tech platform Odeko, new CRISPR-based research and non-browning bananas.
Meanwhile, vertical farm Kalera gets delisting notice from Nasdaq and Australian eGrocer Milkrun shuts down after just 18 months of operation.
Digital burger delivery service VICIO scored a fresh round of funding and CPG giant Danone invested in cultivated breast milk startup Wilk.
Indoor mushroom startup Smallhold expanded thanks to a retail partnership with Sprouts, while reservations platform OpenTable partnered with ChatGTP.
Oatly raised $425m as it “moves towards reaching financial self-sufficiency,” cultivated meat startup Fork & Good opened a pilot plant in New Jersey, and Klimato secured €4.2 million ($4.5 million) to expand its platform to help restaurants report the carbon footprints of their cuisine.
Immi raised funds for plant-based ramen while Bayer & Microsoft launched new data tools.
Singapore’s Next Gen Foods acquired an alt-dairy startup, while agtech funding this week was all about ecosystem restoration projects.
Companies including Bushel, Topcon and Afresh Technologies, launched new tools; Umami Meats & Triplebar collaborate on cultivated fish.
Impossible Foods and others are cutting staff, while Finland approves the term “burger patty” for plant-based meat marketing.
Funga is “rewilding” forest microbiome to grow more trees and McDonald’s & Beyond Meat test a new plant-based product in Germany.
Chipotle tests robotic makelines in its restaurants and Barcelona follows other European cities banning dark stores for quick commerce.
New School Foods, E-TERRY, BloomX and many other agrifoodtech startups raised funds this week, even as food and ag industry layoffs continue.
AgFunder led a $3 million round for farm real estate marketplace CommonGround, and a cultivated meat company has achieved kosher status.
Plus: Multus Biotechnology secures Series A funding, Danone announces plans to reduce methane and Nest’s co-founder launches a circular economy trash bin.
The week also saw new deals for ingredient tech startups and funding for revitalizing the world’s forests.
Alterpacks raised $1 million while greenhouse grower AppHarvest entered a sale-leaseback deal for one if its Kentucky facilities.
