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With $1bn in farm operating lines, FBN sees ‘a greater need for financing’ on the near horizon
As farm production costs increase, more farmers look to alternative financing options to pay for inputs, equipment and other needs.
As farm production costs increase, more farmers look to alternative financing options to pay for inputs, equipment and other needs.
Plus: Plant-based “NotDogs” from Oscar Mayer and NotCo, John Deere’s “right to repair” case drags on, new meat labeling beef in Iowa.
Meanwhile, France bans the meat from plant-based meat labeling, the US aims for more wind-powered farms.
Plus: Syngenta develops new bioinsecticide, layoffs at Meati, and Miruku raises $5m for molecular farming.
Fresh off a $38 million fundraise, ProducePay chats about problems and solutions in the fresh produce supply chain.
Plus: UPSIDE Foods hits pause on its large-scale cultivated meat production facility and plant-based fur makes its debut.
As regulatory pressure to reduce herbicide use increases, Sentera adds precision weed management to its tech stack.
Plus… 150 job cuts at Plenty, a new green agri fund from Temasek and Norinchukin Bank, cultivated scotch eggs at Fortnum & Mason.
Swiggy makes more cuts to its workforce, France contemplates a ban on cultivated meat.
Plus: much ado (and fundraising) about ag robotics and many updates from Israel’s startup scene.
Plus, corporate restructuring at FreshDirect and R.I.P. for RIP Foods.
Plus… Steakholder Foods unveils a 3D-printed eel, and carbon removal startup Standard Biocarbon secures $5m for a new biochar production facility.
Here are some of highlights (and a few low lights😉) from 2023, plus some areas to watch in 2024, from designer probiotics to livestock methane reduction.
When it comes to farming, says Verdant Robotics cofounder Dr. Gabe Sibley, the biggest pain points are typically labor and input costs. “We squarely address both.”
The continuous processing system will finally enable meat alternatives to reach cost parity with their animal-based counterparts, claims the Seattle-based startup.
Meanwhile in France, lawmakers are proposing a ban on cultivated meat, calling that alternative protein “junk food”
“As we matured and scaled, people got increasingly nervous about what that could mean for their business.”
Plus: ProfilePrint raises Series B funding & Vow gets a regulatory nod for cultivated quail.
Food processing and commodities giant ADM aims to have 4 million acres signed up for regenerative agriculture by 2027.
Food delivery is not the only restaurant tech category out there, but it’s been the most prominent over the last decade.