The Week in Agrifoodtech: Swiftly bags $100m for grocery tech, Pano’s $20m to fight wildfires with AI
Front-of-house restaurant software startup Zenchef cooks up new financing and Land O’Lakes’ Truterra arm lands a grant from the USDA.
Front-of-house restaurant software startup Zenchef cooks up new financing and Land O’Lakes’ Truterra arm lands a grant from the USDA.
France’s Capagro launches $200 million agrifoodtech fund, Gotham Greens lands $310 million, and animal-free cheese developments proliferate.
Growers may also see “further downward price pressure” on phosphates and potash, though the outlook is less sunny for nitrogen.
Carbon-neutral milk company Neutral Milk closed a Series A round and a few different cultivated meat startups reached new milestones.
Fashion designer Stella McCartney is helping launch a climate-focused fund and alt-protein heavyweight Eat Just raised capital to expand in China.
Layoffs, cuts, and reorganizations continue across the foodtech industry, especially for restaurant-related businesses like Sweetgreen and Deliveroo.
Canadian indoor farming company Fieldless Farms raised Series A funding and MycoWorks debuted hats made from mushroom roots.
The Californian e-grocer will use the funds to expand its platform, which sells ‘hard-to-find’ Asian and Latin food, household, and beauty items.
Three of the biggest funding rounds announced in the last week involved on-demand food and grocery delivery startups from various countries.
Swedish company Nick’s grabbed the biggest funding round of the week, while India’s cloud kitchen market grew and Twiga Foods got $50 million to expand across Africa.
Fabric raised $200 million for its fulfillment robotics platform, while farmer marketplace DeHaat scored India’s biggest-ever agtech round.