The Cape Town-based startup considers itself a farming company enabled by technology, rather than a tech company working in ag, says CEO James Paterson.
“The potential for remote farming is huge,” says CEO Moses Kimani.
They’ll work together on The Yield LatAm Opportunity Fund, a new vehicle which will invest in roughly 30 companies in the region over the next five years.
An ADM spokesperson told AFN that it was “the first major food and ag company to have been invited to invest in FBN.”
The Asia Sustainable Foods Platform will co-invest $22.2 million alongside Singapore’s national R&D agency into the new Food Tech Innovation Center.
At Davos in 2019, an acquaintance of mine had been cornered by a journalist into committing to net zero. It might just have got him out of COP26.
REG sustainability head Kristin Dillavou said its roots in ag, and Iowa, are a strong driver behind its ability to innovate for more environmentally-friendly solutions.
It leans on the community group-buying model popularized in China, allowing consumers to form teams in order to make bulk buys on its platform.
Chew’s Plant-Based Burger Report Card found the Beyond Burger to smell like “pet food,” while Impossible’s effort is “more reminiscent of liver.”
The Stockholm-based startup claims its platform has tracked over 8,000 suppliers, 250,000 products, and goods worth more than $12 billion to date.
The US alone pledged $10 billion to transform global food production and consumption over the next five years. But is it enough?
Startups focused on food and water received more climate-conscious capital than those in any other sector over the past 12 months, according to Climate Tech VC.
Heineken UK will work with 10 farmers to explore how practices like cover cropping can improve the emissions profile of beer’s main ingredient.
Picnic dispatches groceries from strategically located, automated hubs to its customers’ doorsteps using electric minivans.
Meat for human and animal consumption is responsible for 57% of food production’s emissions – with beef alone making up 25%.
In a world first, the GM crop – developed in the early 1990s to provide higher levels of vitamin A – was recently approved for commercial planting in the Philippines.
A collaborative ecosystems approach is urgently required if we really are to ‘fix’ the food system, writes Edible Planet Ventures CEO Sharon Cittone.
Investor backing for technologies focusing on or close to the farm soared to $7.9 billion in 2020, or 41%, representing a bigger year-over-year jump than both agrifoodtech and global VC investing.
AppHarvest also announced the appointment of former Amazon tech exec Mark Keller to head up its on-farm robotics efforts.
Five major fast food brands have – or will – set “science-based” targets after interventions led by sustainability advocates FAIRR and Ceres.
