Agrifood private equity firm Aqua Capital this week announced the close of its $450 million Fund III, which will invest in sustainable agrifood solutions. Other noteworthy raises this week (and there are a bunch) include egg protein startup Onego Bio, wildfire prevention system BurnBot, and Seso, which is using software to address the US farm labor shortage.
Foodtech funding
🇫🇮 Onego Bio poaches $40M series A to launch precision-fermented egg protein in North America Green Queen
🇺🇸 Profluent raises $35M in additional funding FinSMEs
🇺🇸 Full Glass Wine raises $14M to continue DTC marketplaces spree, buys Bright Cellars Techcrunch
🇸🇪 Swedish startup Ironic Biotech raises €1 million pre-seed to help people suffering from iron deficiency and anemia EU Startups
🇳🇱 Time-travelling Milkman raises €850K to “cream” plant-based dairy with sustainable sunflower fat Vegconomist
Agtech funding
🇺🇸 Seso inks $26 million to address US farm labor shortages Impact Alpha
🇺🇸 BioConsortia secures $15 million in latest funding round Agribusiness Global
🇸🇪 Stockholm-based Agteria Biotech secures €1.4M from Norrsken Launcher to combat methane emissions Silicon Canals
🇮🇩 Indonesia’s Fishlog successfully closes pre-Series A extension round TechNode Global
Climate tech, bioenergy & biomaterials funding
🇺🇸 BurnBot raises $20 million to develop wildfire-preventing technology TechTimes
🇬🇧 L’Oreal backs sustainable pigment maker Sparxell UKTN
🇮🇩 Wavemaker-backed WasteX raises $450k to expand biochar solution across Indonesia Tech in Asia
🇮🇳 Bambrew secures $7.19m in Series A funding round Packaging Gateway
Funds, grants & accelerators
🇧🇷 Aqua Capital closes Fund III on $450 million Agri Investor
People moves
🇺🇸 Daring Foods CEO to step down Just Food
🇺🇸 Bumble Bee Seafoods announces new CEO PR Newswire
🇸🇬 Ai Palette appoints Ashish Jha to spearhead growth consulting & analytics PR.com
Other news
🇺🇸 Whirlpool lays off entire team for cooking and recipe app Yummly The Spoon
🇦🇺 Vow becomes third company to launch cultivated meat, but it isn’t starting with chicken nuggets… AgFunderNews
🇸🇬 Grab, Delivery Hero talks came under Singapore competition watchdog’s radar Deal Street Asia
🇬🇧 🇷🇸 Sustainable packaging startup Bpacks unveils bioplastics from bark: ‘It’s a massively underutilized natural resource’ AgFunderNews
🇳🇱 Dutch brands agree to make half of the recipes on food packaging meatless Green Queen
🇮🇱 Casein… from potatoes? Molecular farming startup Finally Foods emerges from stealth AgFunderNews
🇺🇸 Egg Innovations is set to introduce in-ovo technology to help eliminate chick culling practices within the egg industry PR Newswire
