The Week in AgriFoodTech: David raises $75m, Alt Carbon nets $12m, Deere scoops up Sentera

The team at India-based carbon removal startup Alt Carbon.
Image credit: Alt Carbon

Agrifood’s biggest round this week was a Series A for protein bar maker David, which also announced it had bought ingredients firm Epogee. Insect-based aquaculture feed producer Volare secured funds to build a new factory in Finland, and India carbon removal startup Alt Carbon scored a seed round.

Elsewhere, John Deere acquired aerial imaging startup Sentera, while Perennial and rTek launched a strategic 10-year MMRV partnership to regenerate 500,000 hectares of degraded grasslands.

Startup funding

🇺🇸 Protein bar brand David closes $75m Series A, buys ingredient supplier Nosh

🇫🇮 Volare secures $29m to build insect factory in Finland AquaFeed

🇮🇳 Alt Carbon scores $12m seed to scale carbon removal in India TechCrunch

🇨🇷 ClearLeaf closes $3.5m financing round to bring non-Toxic pathogen control to global markets Agritech Tomorrow

🇦🇷 Calice raises $2.5m seed round LatamList

🇳🇴 NoMy secures $1.4m to commercialize mycoprotein technologies using resources from beet sugar manufacturing Vegconomist

🇨🇦 Brilliant Harvest secures $500k investment from SVG Ventures iGrow News

🇧🇪 Belgium’s ResultX secures over $454k grant to simplify ESG reporting for SMEs Silicon Canals

🇺🇸 FarmQA closes oversubscribed seed round, aims to ‘supercharge’ agronomists with AI AgFunderNews

Sentera
Sentera’s FieldAgent Notifications help farmers and crop advisors optimize field scouting. Image credit: Sentera

M&A, IPOs & partnerships

🇺🇸🇨🇭 Honey-without-bees startup MeliBio acquired by FoodYoung Labs: ‘Founders need to adapt, but investors should not back away’ AgFunderNews

🇺🇸 John Deere acquires Sentera to integrate aerial field scouting PR Newswire [Disclosure: AgFunderNews parent company AgFunder was an investor in Sentera.]

🇺🇸🇰🇿 Perennial and rTek launch strategic 10-year exclusive MMRV partnership to regenerate globally degraded grasslands AgNews WIre

🇯🇵🇸🇬 Denso reportedly in talks to buy Axia Vegetable Seeds for $500m Seed Today

🇯🇵 Suntory and TOWING launch pilot test on the feasibility of high‐performance biochar The Manufacturer

People moves

🇺🇸 The Yield Lab Institute (YLI) welcomes Polly Ruhland to its Board of Directors! LinkedIn

🇧🇩 Fashol founder Sakib Hossain featured in Forbes 30 Under 30 Asia 2025 LinkedIn [Disclosure: AgFunderNews parent company AgFunder is an investor in Fashol.]

🇫🇷 In financial difficulty, Swap (ex-Umiami) changes boss L’informé 

🇳🇱 Former Cosun executive Thijs Bosch succeeds Sue Garfitt as CEO of The Protein Brewery Vegconomist

Millow bites
Millow bites. Image credit: Millow

Other News

🇸🇪 Millow commissions first large-scale plant for minimally processed alt meat in old LEGO hall AgFunderNews

🇺🇸 Receiver strikes deal with mystery buyer for Merit Functional Foods plant in Winnipeg AgFunderNews

🇺🇸 ‘Stunning’ MAHA report draws praise and fury: Stated goals undermined by GOP policies, say experts AgFunderNews

🇪🇺 European Commission announces EU Startup and Scaleup Strategy Silicon Canals 

🇺🇸 ClimateAi launches ‘world-first’ AI model for climate resilience planning Business Green

🇺🇸 Enhanced weathering’ draws backers including Microsoft, Musk and JPMorgan Financial Times

🇬🇧 Meatly announces tech updates to cut cultivated meat costs The Grocer

🇺🇸 Modern Meadow to unveil newly branded INNOVERA leather alternative at Global Fashion Summit PR Newswire

🇨🇳 Meituan, JD.com lose $100b in food delivery battle Tech In Asia

🇮🇳 Subscription-based grocery provider Otipy shuts shop; impacts 300 employees The Economic Times

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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