The Week in Agrifoodtech: Muncher grabs $27m for ghost kitchens, Freight Farms lands $17.5m
Meanwhile, it’s more bad news for food delivery, with a quick-commerce startup shutting down and a major service leaving Australia.
Meanwhile, it’s more bad news for food delivery, with a quick-commerce startup shutting down and a major service leaving Australia.
Seren Kell from the Good Food Institute Europe speaks to AFN following a £20 million pledge from two UK bodies to support the sector.
Plus, Starbucks names a new CEO and a longtime veteran of consumer goods corporate Unilever calls it quits after 35 years.
The UK alternative protein sector could be a leader but it needs to improve its regulatory process and provide more funding to support its growth.
Ivy Farm, a cultivated meat startup in the UK, just unveiled what it claims to be Europe’s largest cultivated meat pilot plant.
Roughly 70% of German agrifood’s $3.3 billion in funding went to just two companies, both part of the now-struggling instant-delivery sector.
Agreena will bring Hummingbird’s remote monitoring, reporting, and verification (MRV) technology in-house to further scale and validate its carbon market.
While foodtech startups feel the crunch of the current downturn, fundraising in agtech and alternative protein keeps coming.
For Britain to unlock its agritech potential, government policies must be rooted in science, writes British member of parliament Julian Sturdy.
The company aims to produce a new class of biomaterials and reduce fashion’s carbon footprint with its “microbial weaving” tech.
Scientists at the UK’s Pirbright Institute, working in collaboration with the University of Oxford and the pharmaceuticals giant Astra Zeneca, have shown how a prospective Covid-19 vaccine for humans can successfully boost a pig’s immune response to the virus.
Duckweed is rich in protein and grows incredibly fast. It can double in biomass every two days.
The Welsh controlled environment farming company Phytoponics designs, develops, and supplies Deep Water Culture systems for large scale hydroponic crop production.
Slugs are greedy guests on farms. Some estimates reckon a single slug is capable of killing up to fifty wheat seeds within one week of sowing. A group of UK innovators and farmers are working on a robotic solution.
Gousto, a UK meal kit company, is seizing the moment either way; it has tapped its investors for an additional £33 million ($41 million) in a funding round led by Perwyn, BGF, MMC Ventures and the influencer and fitness guru Joe Wicks.
A digital hospitality management point of sale system managed to close an oversubscribed investment round despite the global backdrop perhaps bolstered by its food delivery-related offering as other startups offer other means to avoid human interaction in the restaurant space.
Agri-TechE’s Belinda Clarke and colleagues went on a trade mission to St Louis, Missouri in the US to discover how it’s built an ecosystem for agritech innovation and investment. Here are her takeaways.
BDS Analytics has forecast that the worldwide legal cannabis industry generated revenues in the region of £11.5 billion in 2019 and is expected to grow to around £35 billion by 2024. Alongside this phenomenal rate of growth, the UK agriculture sector is embarking upon a period of unprecedented change.
The VC firm 7percent Ventures is confirmed as lead investor, having plowed in £200,000. By the time of close, a total of 1,759 investors had backed the round.
UK-based BigSIS has closed a pre-seed round of funding, AFN can reveal.
Sponsored
International Fresh Produce Association launches year 3 of its produce accelerator