The Week in AgriFoodTech: Biotech co Digestiva closes $18m round, Syntetica bags $4.5m for nylon recycling

Beanless coffee by Voyage Foods. Image credit: Voyage Foods

The week was dotted by a handful of early-stage rounds for the likes of food biotech Digestiva, nylon recycling company Syntetica, personalized supplements maker Bioniq, and several others. Funds-wise, ag and food investor Tiverton closed its Fund III and Trill Impact raised โ‚ฌ90 million ($98 million).

Meanwhile, Voyage Foods entered the bean-less coffee space, alt-protein startup Mycorena filed for bankruptcy, and Cropin launched an “AI-powered” agri-intelligence tool.

Syntetica co-founders Marco Bertone and Louis Monsigny. Image credit: Syntetica

Foodtech funding

๐Ÿ‡บ๐Ÿ‡ธ Digestiva closes $18.4 million Series A financing Street Insider

๐Ÿ‡ฌ๐Ÿ‡ง Bioniq, leader in AI-driven personalized supplements, raises $15mln Series B Zawya

Agtech funding

๐Ÿ‡ฆ๐Ÿ‡บ Biosecurity threats software startup plants $5.3 million Seed round Startup Daily

๐Ÿ‡ฌ๐Ÿ‡ง Permia Sensing secures ยฃ150K for precision farming techniques in palm plantations Tech.eu

Climate tech funding

๐Ÿ‡ซ๐Ÿ‡ท Paris-based Syntetica raises โ‚ฌ4.2 million to scale nylon recycling for the global clothing market EU Startups

๐Ÿ‡ฆ๐Ÿ‡บ Sun Cable OGs raise $1.7 million Seed round for their carbon removal & recycling startup, Fugu Startup Daily

๐Ÿ‡ฌ๐Ÿ‡ง Briefly Bio raises $1.2M pre-seed to revolutionise scientific experiment documentation with AI Tech Funding News

Container farming units by Farmbox Foods. Image credit: Farmbox Foods

M&A, IPOs & partnerships

๐Ÿ‡จ๐Ÿ‡ญ ๐Ÿ‡บ๐Ÿ‡ธ Syngenta reveals latest tie-up to accelerate launch of ‘pioneering biological solution’ AgtechNavigator

๐Ÿ‡บ๐Ÿ‡ธ CORE Electric and FarmBox Foods partner to grow trees for reforestation Colorado Biz

๐Ÿ‡บ๐Ÿ‡ธ January AI and Mars leverage AI to generate product and consumer insights Business Wire

๐Ÿ‡ฎ๐Ÿ‡ฑ ICL and Lavie Bio leverage AI to advance development of biostimulants Agribusiness Global

๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡ณ๐Ÿ‡ด PepsiCo inks fertilizer deal with Yara to cut food emissions Bloomberg

Funds, grants & accelerators

๐Ÿ‡บ๐Ÿ‡ธ Tiverton raises $870m for Fund III Agri Investor

๐Ÿ‡ธ๐Ÿ‡ช Trill Impact closes venture fund after raising โ‚ฌ90m Impact Investor

๐Ÿ‡บ๐Ÿ‡ธ $51 Million federal grant for precision fermentation hub to drive innovation, growth, and job creation in Illinois Vegconomist

๐Ÿ‡จ๐Ÿ‡ฆ From single-use plastic alternatives to responsible farm AI, Ontario invests $ 7M in research Vertical Farm Daily

People moves

๐Ÿ‡จ๐Ÿ‡ฆ GoodLeaf Farms appoints Andy Oโ€™Brien as new CEO Vertical Farm Daily

๐Ÿ‡บ๐Ÿ‡ธ General Mills Names Asheesh Saksena Chief Strategy & Growth Officer General Mills

๐Ÿ‡บ๐Ÿ‡ธ FBN appoints Dean Williams to lead its agricultural inputs business FBN

๐Ÿ‡บ๐Ÿ‡ธ FBN appoints Guillaume Luebke as CFO FBN

๐Ÿ‡บ๐Ÿ‡ธ Kraft Heinz hires ex-Pepsi marketer Todd Kaplan as CMO for North America Ad Age

Beanless coffee by Voyage Foods. Image credit: Voyage Foods

Other news

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore approves 16 insect species for human consumption Smithsonian

๐Ÿ‡บ๐Ÿ‡ธ Voyage Foods enters beanless coffee category with bean-free brew for foodservice operators and CPG brands PR Newswire

๐Ÿ‡บ๐Ÿ‡ธ Cargill invests $1m in research on methane reduction in cattle Beef Magazine

๐Ÿ‡ธ๐Ÿ‡ช Mycorena files for bankruptcy, seeks new ownership to continue pioneering mycoprotein ingredients Vegconomist

๐Ÿ‡บ๐Ÿ‡ธ Biome Makers launches new agronomic insights tool BeCrop Farm CropLife

๐Ÿ‡ฎ๐Ÿ‡ณ Cropin launches Sage: Worldโ€™s first real-time AI-powered agri-intelligence platform Future Farming

๐Ÿ‡ฌ๐Ÿ‡ง Meatly receives world-first authorisation for cell-cultivated pet food Tech.eu

๐Ÿ‡บ๐Ÿ‡ธ Deere backs down from diversity initiatives after online attacksย  Ad Age

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REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE
REPORTING ON THE EVOLUTION OF FOOD & AGRICULTURE