The Week in AgriFoodTech: Keurig Dr Pepper bets $300m on coffee, Simbe Robotics scores $28m
Food robotics had a busy week with several new fundraises; vertical farming company CubicAcres launched a partnership with IGS.
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.
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.Â
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.
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International Fresh Produce Association launches year 3 of its produce accelerator