Funds launched by Five Seasons Ventures, Eatable Adventures, and SP Ventures raised well over $300 million for early and growth-stage agrifoodtech bets.
Elsewhere, AFN examined data which suggests that agriculture is far from pulling its weight when it comes to carbon credits generation.
Regenerative ag topped the headlines over the past seven days as agrifood colossi Cargill, Heineken & Nestlé each announced new initiatives.
Spiber is valued at $1.22 billion following this latest round – while SpotOn hit a post-money valuation of $3.15 billion, according to reports.
In other news, Carbon Robotics, Plantible, and Olio raised big rounds.
The biggest headlines in agtech and foodtech over the past seven days.
Two of the past week’s biggest stories were AFN exclusives from the ag carbon market, both involving Microsoft.
Wendy’s is working with Reef to place kitchens in parking lots, while an ingredients marketplace serves up $72 million in funding.
Trimble Ventures will invest in agricultural digitalization, among other areas; while a New Zealand meat industry group is raising a few carbon questions.
The Estonian ride-hailing startup said it will use the funding to finance its push into express grocery delivery.
Indonesia saw several big deals for agrifoodtech startups over the past week, while there was also news from Cargill, Joyvio, and The Yield Lab LatAm.
Swiggy has raised a whopping $1.25 billion from SoftBank and Prosus, while the rival plant-based protein players have both launched chicken analogs.
Market Kurly has raised $200 million in Series F funding, while Nestlé has confirmed rumors that it’s entering the cell-cultured meat market.
The Israeli company secured the mega-funding from L Catteron and agrifood corporates BRF, Cargill, CJ CheilJedang, and Thai Union.
Snack maker Stryve is set for a SPAC merger, while Israel’s Future Meat has unveiled what it says is the “world’s first industrial cultured meat facility.”
Morsels of the past week’s other agrifoodtech news from around the web, for your delectation.
Here are a few extra bits and bytes of agrifoodtech news from around the web this week.
