Welcome to the new, streamlined format of our Week in AgriFoodTech, where you’ll find less rambling from yours truly and fast access to the most important news of the week in food, agriculture and climate. (Do drop me a line if you have feedback on this new format.)
A few highlights from the last seven days include fundraises for Vegrow and Agricarbon, another acquisition for Yara International, and info on Chipotle’s latest accelerator program.
Foodtech & agtech funding
🇮🇳 GIC backs three-year-old Indian fruit marketplace Vegrow’s $46m Series C round Deal Street Asia
🇫🇷 Spore.Bio raises €8M for real-time pathogen detection in FMCG factories Tech.eu
🇦🇺 Australian Pinterest for recipes platform serves up $4.15 million Seed round Startup Daily
🇩🇰 Danish robot supplier raises €1.5 million to accelerate expansion Vertical Farm Daily
🇸🇬 Singapore’s ProfilePrint completes Series B fundraising led by Tai Partners TechNode Global
🇪🇪 Arbonics Raises €5.5M in Seed Funding FinSMEs
M&A, IPOs & partnerships
🇳🇴 🇮🇹 Yara International acquires Italian fertilizer business Agribios World AgriTech Innovation
🇦🇪 🇸🇦 Pure Harvest to acquire agriculture production facility in Saudi Arabia The National News
🇺🇸 Frontier buyers sign world’s first enhanced weathering offtake agreements with Lithos Carbon Frontier
🇺🇸 CV Sciences expands into European plant-based food market with acquisition of cultured foods Vegconomist
People moves
🇺🇸 General Mills leadership changes further push into pets, international segments Food Dive
🇮🇳 IPO-bound Swiggy appoints former Diageo India CEO Anand Kripalu as chairman of board The Hindu Business Line
🇬🇧 Hoxton Farms puts UK at the forefront of food-tech with strategic international hires Protein Production Technology
Other news
🇺🇸 Every unveils liquid egg made without a hen Prepared Foods
🇬🇧 Heather Mills’ vegan food company goes into administration BBC
🇮🇱 Fund seeks $50 million to rebuild Negev farms destroyed by Hamas No Camels
🇫🇷 France’s Vital Meat submits pre-market dossier to launch cultivated chicken in Singapore Vegconomist
🇲🇾 🇦🇺 🇺🇸 Cultivated meat: UMAMI Bioworks, Cell AgriTech announce plant in Malaysia; SCiFi Foods opens pilot plant; Vow gets initial nod from regulators AgFunderNews
