Ginkgo Bioworks and Vitales will accelerate development and launch of two new biocontrol products that target soybean diseases in Brazil.
Plus: NoPalm Ingredients raises funds for its palm oil alternative and layoffs at Cargill.
ADM has transitioned more than 2.8 million of its acres to regen ag, according to its newly released progress report.
Plus: new funding for Packwise, Aeropowder, and HerdDogg
Plus: more layoffs at Deere and new fundraising to bring AI into the hospitality biz.
Plus: UPSIDE Foods hits pause on its large-scale cultivated meat production facility and plant-based fur makes its debut.
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.
Meanwhile in France, lawmakers are proposing a ban on cultivated meat, calling that alternative protein “junk food”
As COP28 kicks off, other agrifoodtech news includes fundraises for aquatech startups and new stats about agriculture emissions.
Plus, two startups raise new capital to improve access and standards for carbon credits.
Biotech startup Allonnia raises $30 million, Nestlé says it’s “moving away” from carbon offsets.
Startups in the Ag Marketplaces & Fintech category raised $191 million in 2022 to bring more efficiency to the agrifood supply chain.
In contrast to global investment trends, Latin America’s eGrocery startups continued to garner the most capital in 2022.
Climate startup FLINTpro lands $9 million and Meatable says it can produce cultivated pork in just eight days.
Current Seedz customers already include major North American agrifood corporations John Deere, Mosaic, and Syngenta.
Ecorobotix offers weeding and crop protection via its “high-precision sprayer” for targeted herbicide, fungicide and pesticide application.
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.
Once focused on cotton, Texas Crop Science is now partnering with world-renowned plant genetics company GDM for high-yielding soybean varieties for farmers.
