Brief: Deliveroo drops $3bn on debut as investors spooked by ESG, profitability concerns
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.
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.
LeapFrog primarily invests in African and Asian companies, with a focus on improving access to financial services and healthcare for low-income consumers.
The UK-based network for smallholders secured funding from new and existing investors including AgFunder, Octopus Ventures, and Rabo Frontier Ventures.
The UK food delivery app also said it will pay its self-employed drivers IPO bonuses of up to $13,827 each.
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.
Rob Ward sees a lot of problems with existing foodtech accelerators. He hopes to address them with a new model called ForwardFood.Tech.
Zayndu offers a non-toxic plasma disinfectant technology that kills pathogens on seeds while boosting germination rates, according to CEO Ralph Weir.
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.
The UK app lets users buy a ‘mystery bag’ of food items that would otherwise end up in landfill.
The London-based startup has users in 100 countries, and counts major players like Driscoll’s, Kimberly-Clark, and Nestlé among its clients.
The UK-based startup aggregates data from cropfields, on-farm sensors, stores, shipments, and satellites to drive efficiency across the entire agrifood supply chain.
Getting the device through regulatory approvals required the team behind it to jump through more than a few hoops – and across a few continents.
The UK firm is buying two US startups, with CEO Tim Steiner seeing “significant opportunities” in robotic manipulation solutions for online retail and logistics.
London insect farming startup Entocycle will lead the project, which will aim to build a facility that rears black soldier flies by the millions.
The UK-Australian startup uses AI, data analytics, drones, and ecological expertise to restore carbon and biodiversity to degraded land.
Despite its disastrous impact elsewhere, Covid-19 may have improved the investment outlook for farm robots, according to Saga Robotics’ latest backers.
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.
The team at Spotta wants to enable a lighter use of pesticides by building networks of accurate real-time insect detectors.
UK Research & Innovation, the UK government’s tech grant body, has upped the amount handed out for its latest food production challenge. But grant success isn’t just about money.