The week in agrifoodtech: $42m for No Meat Factory, New Age Eats ‘lets go’ of pilot facility, Benson Hill co-founder passes away
The week also saw new deals for ingredient tech startups and funding for revitalizing the world’s forests.
The week also saw new deals for ingredient tech startups and funding for revitalizing the world’s forests.
NotCo has big plans for its AI tool, while nutrition platform HealthKart will expand its business and Winter Farm will grow a new crop.
From widespread soil degradation in Africa to Iowa’s quickly disappearing “black gold,” the numbers show how urgent the world’s soil situation is.
Meanwhile, it’s more bad news for food delivery, with a quick-commerce startup shutting down and a major service leaving Australia.
Agroforestry grows increasingly critical for fighting climate change, restoring biodiversity and boosting incomes and economies for rural communities.
Front-of-house restaurant software startup Zenchef cooks up new financing and Land O’Lakes’ Truterra arm lands a grant from the USDA.
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.
Canadian indoor farming company Fieldless Farms raised Series A funding and MycoWorks debuted hats made from mushroom roots.
Radar Agtech Brasil extensively maps startups operating in the Brazilian agrifoodtech value chain to support decision-making across the ecosystem.
When it comes to crops, biologicals are all the rage as a means to reduce agriculture’s environmental footprint – and increasingly as a solution to supply chain disruption. Decoy says livestock will be next.
They’re building a robotic system that can monitor crop health and feed data-informed insights back to farmers.
The accelerator plans to back 100 entrepreneurs working on financial and climate resilience innovation over the next four years.
The region is still not among the top destinations for climate tech capital, despite its huge potential.
NFTs and other “web 3.0” tools are how the Brazilian startup plans to digitalize carbon credits and preserve the Amazon rainforest.
Three of the biggest funding rounds announced in the last week involved on-demand food and grocery delivery startups from various countries.
The country looks set to creep up the agtech investment rankings.
TerraMagna is one of several startups in Brazil looking to improve farmers’ liquidity.
Agrolend will use the funds to increase its credit portfolio, enabling more options for farmers using its fintech platform.
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International Fresh Produce Association launches year 3 of its produce accelerator