Tag: United Kingdom

Brief: $1.3bn Quorn IPO gets greenlight in Philippines

April 27, 2021

It will be the Philippines’ biggest-ever IPO – and it’s being driven by demand for alt-protein and instant noodles.

Brief: UAE’s Madar Farms partners with UK vertical farming startup IGS

April 22, 2021

Madar Farms is one of several indoor ag operations that the UAE – which imports 80% of its food – has invested in to boost domestic production.

Brief: E-grocer Ocado invests $14m in autonomous vehicle startup Oxbotica

April 21, 2021

With e-grocery adoption skyrocketing due to Covid-19, grocery delivery companies like UK-based Ocado are finding new reasons to seek out innovation.

Brief: Deliveroo drops $3bn on debut as investors spooked by ESG, profitability concerns

April 1, 2021

The UK-based food delivery app saw its share price nosedive by as much as 30% during its first day of trading on the London Stock Exchange yesterday.

Brief: Temasek invests $500m into impact fund LeapFrog

March 10, 2021

LeapFrog primarily invests in African and Asian companies, with a focus on improving access to financial services and healthcare for low-income consumers.

Wefarm gets $11m Series A+ funding, upgrades SMS service to online platform

March 9, 2021

The UK-based network for smallholders secured funding from new and existing investors including AgFunder, Octopus Ventures, and Rabo Frontier Ventures.

Brief: Deliveroo confirms London for IPO; sets aside $69m shares for users, $22m for drivers

March 8, 2021

The UK food delivery app also said it will pay its self-employed drivers IPO bonuses of up to $13,827 each.

Bangkok,Thailand-May 5, 2019: Tesco Lotus billboards, shopping mall in Thailand

Brief: Tesco brand bows out of Asia after Thai food giant’s $10bn buyback

February 19, 2021

The last visible vestiges of Tesco’s Asian retail operations are set to disappear as stores carrying the UK company’s name undergo a rebrand.

ForwardFood.Tech’s founder thinks food & ag accelerators are failing. Here’s his alternative

February 10, 2021

Rob Ward sees a lot of problems with existing foodtech accelerators. He hopes to address them with a new model called ForwardFood.Tech.

Startup Spotlight: How Zayndu is cleaning up seeds with non-toxic plasma tech

February 8, 2021

Zayndu offers a non-toxic plasma disinfectant technology that kills pathogens on seeds while boosting germination rates, according to CEO Ralph Weir.

Brief: Deliveroo raises $180m in pre-IPO funding at $7bn valuation

January 18, 2021

The UK app said it’ll use the capital to grow its ‘dark kitchen’ network and grocery delivery business, confirming its IPO plans publicly for the first time.

With a fresh $31m, Too Good To Go wants to make saving food as easy as throwing it away

January 15, 2021

The UK app lets users buy a ‘mystery bag’ of food items that would otherwise end up in landfill.

Farm software startup Agrivi raises $4.8m for major expansion

November 20, 2020

The London-based startup has users in 100 countries, and counts major players like Driscoll’s, Kimberly-Clark, and Nestlé among its clients.

KisanHub raises $1.5m to bring farm-to-factory visibility to supply chains

November 18, 2020

The UK-based startup aggregates data from cropfields, on-farm sensors, stores, shipments, and satellites to drive efficiency across the entire agrifood supply chain.

Startup Spotlight: With Numnuts, sheep tail docking and castration may not be so baaaad

November 9, 2020

Getting the device through regulatory approvals required the team behind it to jump through more than a few hoops – and across a few continents.

Ocado spends $287m in retail robotics double-swoop

November 3, 2020

The UK firm is buying two US startups, with CEO Tim Steiner seeing “significant opportunities” in robotic manipulation solutions for online retail and logistics.

UK government earmarks $13m for industrial insect farm

October 7, 2020

London insect farming startup Entocycle will lead the project, which will aim to build a facility that rears black soldier flies by the millions.

Dendra and its ‘forest-patrolling drones’ close $10m Series A from Airbus, others

September 16, 2020

The UK-Australian startup uses AI, data analytics, drones, and ecological expertise to restore carbon and biodiversity to degraded land.

Saga Robotics raises $11m to develop robo-strawberry pickers

September 2, 2020

Despite its disastrous impact elsewhere, Covid-19 may have improved the investment outlook for farm robots, according to Saga Robotics’ latest backers.

Pivot East: the new program from GROW and Farm491 bringing UK and EU agrifood startups to Asia

August 13, 2020

Focused on food resilience, sustainability, and health, Pivot East will help UK and EU startups test-run their entry into Asia Pacific using Singapore as a springboard.