eGrocery is still the biggest subsegment in agrifoodtech investing, attracting a cool $5.1 billion in funding in 2022. But that pales in comparison to the jaw-dropping $19 billion raised by food ecommerce startups in 2021, according to AgFunder’s new global investment report.
There’s still scope for innovation in boosting farmer producticity and efficiency as AFDB predicts 60% increased food insecurity.
UK’s Hectare nets $20m Series A to strengthen its Software-as-a-Service (SaaS)offering, boost product development and expand into new international markets.
Sustainable Planet works with smallholder farmers in some of the world’s most arid places to produce water lentils that provide both food and income.
63% of consumers also agree that snacks with a higher environmental impact should cost more, according to Mondelēz International Malaysia & Singapore.
The Fresh Field Catalyst program seeks solutions for climate challenges as they relate to the produce and floral industries.
Agridex says it’s bringing transparency, connectivity and accessibility to ag value chains and its COO, Henry Duckworth believes blockchain is the solution.
Reeiwld says users its database of over 2 million products allows users to view a product’s carbon score and track their daily carbon calories.
Data Snapshot is a regular AFN feature in which we analyze food and agriculture technology investment data provided by our parent company, AgFunder. Click here for more
Foodbytes has revamped its business from a pitch competition to an online hub fostering connections between startups, corporates and investors.
Learn from other geographies with similar challenges, create room for blended financing and other snippets from the Africa-Korea Agtech Summit
APAC’s premier agrifoodtech event evokeAG brings investors, innovators and others together to address some of the biggest challenges of our time.
Arkeon claims that ingredients are a bottleneck in the alternative proteins and is out to produce ingredients combined with vital amino acids.
The Covid-19 pandemic had a clear impact on brick & mortar restaurants and retailers, forcing them to innovate to stay afloat, so while globally there was a dip in investment during 2020, it soon picked up in 2021 as these stores adjusted to a new normal that forced many of them to digitize.
BII plans to designate $250 million to African and Indian startups by 2026, including those developing solutions for smallholder farmers.
2022’s 10 most active food and agriculture technology venture capital firms were dominated by American firms with other leaders spread across Europe.
Entocycle, a UK startup that provides technologies and services for the insect farming industry, has secured $5 million in a Series A round from a
‘Building an Africa that feeds itself’ is what RiceAfrika says it’s out to accomplish. Ibrahim Maigari its founder and CEO believes that if we’re serious
Operating both a B2B and B2C marketplace, Mayani has nearly 140,000 fish farmers on its platform.
The top 10 climate tech deals in agrifood in 2022 were almost exclusively upstream startups in vertical farming, alternative proteins and ag biotech.
