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Image credit: GNT

The Week in AgriFoodTech: AI-powered protein, plant-based food dyes, and maggot robots

November 28, 2024

It’s Thanksgiving in the US, which usually means family, friends, and food waste: ReFED estimates that 316 million pounds of food will go to waste this holiday. However, the think tank also has some tips for how households can help curb this number.

In funding, Cradle Bio raised substantial new funds for its protein engineering platform, which promises to speed up protein development for multiple industries including food and ag.

Norwegian precision weeding startup Kilter announced the closing  of a $9.5 million Series A round co-lead by Natural Ventures, Pymwymic and NufarmCradle.

Meanwhile, GNT, maker of the EXBERRY plant-based colors for food and drink, announced a new venture arm to enable more innovations in the space.

Kilter’s full automated farming robot. Image credit: Anders Brevik via Kilter

Funding news

Technology

🇳🇱 AI-Powered Protein Engineering Heightened by Cradle Bio’s $73M Series B SynBioBeta

🇳🇴 Natural Ventures Announces Investment in Kilter to Drive Global Expansion of Precision Weeding Technology Press Release

🇳🇱 Pymwymic & Nufarm co-lead Kilter’s €9M Series A Pymwymic

🇪🇸 B’ZEOS raises Seed funding for seaweed-based packaging Tech.eu

🇺🇸 Finneato Fysh Foods hooks Shark Tank deal for squeezable vegan tuna Green Queen

M&A, IPOs & partnerships

🇨🇦 🇺🇸 Burcon and Puratos join forces to develop canola protein-based egg alternative Nutraceutical Business Review

🇺🇸 Bel Group announces three-year collaborative project to develop fermented cheese alternatives Vegconomist

🇺🇸 How Indigo Ag and Truterra’s collaboration seeks clarity in sustainability programs Global Agtech Initiative

🇬🇧 Muddy Machines ‘addresses critical labor shortages’ in horticulture with acquisition of logistics robot AgFunderNews

Funds, grants & accelerators

🇳🇱 GNT launches new investment arm to fast-track innovations in plant-based colors Vegconomist

People moves

🇺🇸 Nominee for agriculture secretary completes Trump cabinet BBC

🇸🇬 Foodpanda Singapore appoints new managing director Tech in Asia

Imagindairy co-founders Dr.Tamir Tuller, Dr.Eyal Afergan, and Dr. Arie Abo.
L-R: Imagindairy co-founders Dr.Tamir Tuller, Dr.Eyal Afergan, and Dr. Arie Abo. Image credit: Yaniv Koppel

Other news

🇦🇺 Australia’s All G Gains Regulatory Approval for Animal-Free Lactoferrin in China Green Queen

🇳🇱 Alt-materials startup Mylium B.V. has closed down LinkedIn

🇮🇱 Imagindairy gains regulatory approval to market animal-free dairy proteins in Israel Protein Production Technology

🇨🇦 Farmers Edge launches managed technology services to solve most pressing digital challenges for large-scale agribusinesses and crop insurers BusinessWire

🇺🇸 ‘A huge milestone…’ Alpine Bio harvests first large-scale crop of soybeans containing casein proteins AgFunderNews

🇳🇱 Unilever slims food unit with auction of The Vegetarian Butcher Sky

🇦🇺 Goterra’s maggot ‘robots’ launch in Western Sydney, set to revolutionise food waste management Startup Daily

🇺🇸 XPRIZE ‘Feed the next billion’ finalists learn there is no $10m grand prize: ‘It feels dishonest’ AgFunderNews

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