Circular economy startups addressing food waste, plastic alternatives and upcycling in Europe’s agrifood sector raised just 2.6% of VC funding last year.
A new report by Graze indicates that agrifintech claimed almost 1% of the $600 billion in total worldwide VC investment last year.
Agri fintech startups raised $1.6bn in 2021 across 93 deals. Here the report author digs into two more trends: a booming Africa and stilted Europe.
Climate investors may want to take a closer look at emerging opportunities in vertical farming. Or insect farms. Or pea milk. Or vegan leather. In fact, there’s a long list of agrifood technologies that are climate-positive investments, according to new research from AgFunder and Invest-NL.
Radar Agtech Brasil extensively maps startups operating in the Brazilian agrifoodtech value chain to support decision-making across the ecosystem.
Climate-impactful categories were left behind in agrifoodtech investment in Europe in 2021 with over 40% of the total going to the eGrocery category, reveals a new report from AgFunder, F&A Next and Invest-NL.
Agri-SMEs in Africa and Southeast Asia need $160 billion in funding to tackle climate change; but they’re getting just a third of that, a new report says.
2021 was “a year of momentum for ag biotech and alternative proteins” in the region.
It also saw upstream agrifoodtech deal numbers surpass downstream deals for the first time, says Omnivore managing partner Mark Kahn.
A bioeconomy approach to the utilization and conservation of biological resources can lead to “better nutrition and more resilient livelihoods” in Africa.
In 2021, eGrocery dominated dealmaking yet again; but upstream startups vastly increased their share of funding.
Most of the top deals involved eGrocers and Restaurant Marketplaces, highlighting the continent’s thirst for ‘quick commerce.’
Innovative Food was 2021’s most active agrifoodtech investment category, driven by mega-deals for the likes of Impossible Foods and Perfect Day.
Agrifood SMEs in Europe could do with some additional support from investors and industry – especially in terms of help with scaling-up, the report suggests.
Consumer-facing downstrream technologies bagged $32 billion in VC investment in 2021; the bulk of it was thanks to a few big eGrocery deals.
Alternative proteins have been touted as a solution to greening emissions-heavy food systems and have attracted billions in investment. But a new report warns they “will not save the planet.”
Venture funding across all sectors reached a record $643 billion in FY 2021 – and agrifoodtech’s $51.7 billion made up a significant chunk.
Late-stage investment into European agrifoodtech ventures totalled $476 million in 2020 – less than a third of what they raised the previous year.
East Africa faces drought, livestock deaths, and starvation. Rapid digitalization is helping – but infrastructure development needs to keep pace.
Funding for food waste solutions up and down the supply chain reflects the growing importance of the category for businesses, consumers, and investors alike.
