Cultivated meat producer Fork & Good acquired Orbillion Bio (which also makes cultivated meat) this week in the latest consolidation move for the space.
In agrifinance, two asset management firms, Astarte and Toesca, have partnered on a $100 million regenerative agriculture fund that will address speciality crops in the Andes.
Finally, the Non-UPF Program claims to be first to offer a label for US brands to highlight a lack of processing and/or additives in their products.
Funding news
🇺🇸 Fruitist rides healthy snacking wave with $150m raise: GLP-1 consumers buy more berries AgFunderNews
🇺🇸 Agtonomy bags $18m to bring more AI to ‘the next frontier of automation’: agricultural equipment AgFunderNews
🇦🇺 Seaweed plastics alternative startup Uluu raises $16 million Series A Startup Daily
🇬🇧 Mondra secures £10m for AI platform that maps previously untraceable supply chains Vegconomist
🇩🇪 Germany’s aevoloop backs circular plastics innovation with €8 million boost to tackle waste and microplastics EU Startups
🇺🇸 Plastomics: $5.8 million Series B closed for advancing corn chloroplast transformation technology Pulse2
🇸🇪 Arevo raises €7.3m to scale bio-based fertilizer that boosts soy yields and slashes nitrogen emissions AgTech Navigator
🇺🇸 BiomEdit lands $2M to develop AI model to reduce cow methane emissions Inside Indiana Business
🇬🇧 SAGES receives £190k funding to scale sustainable dye made from food waste Tech.eu
🇰🇪 FarmWorks secures investment from Marula Square to scale sustainable agriculture in Kenya iGrow News
M&A, IPOs & partnerships
🇺🇸 Fork & Good acquires Orbillion to take cultivated red meat platform global Green Queen
🇩🇪 🇺🇸 Brenntag and Synonym accelerate bioproducts with “Better with Bio” World Bio Market Insights
🇦🇪 Vivici and The Every Co explore 4m-liter alt protein facility in UAE AgFunderNews
Funds, grants & accelerators
🇬🇧 🇨🇱 Astarte and Toesca hold $100m first close on regenerative ag fund Agri Investor
People moves
🇺🇸 Inari appoints Lisa Nunez Safarian chief executive officer Inari
🇺🇸 BEAM Circular Accelerator powered by gener8tor names Darko Mandich managing director Beam Circular
Other. news
🇺🇸 Beyond Meat, rival headed to trial after mixed TM ruling Law 360
🇺🇸 PepsiCo updates open-source tool to help farmers enhance climate adaptation Edie
🇸🇬 Singapore approves Parima cultivated chicken Alt Meat
🇺🇸 A Bay Area grocery store will be the first to sell cultivated meat—but you only have a limited time to try it Fast Company
🇸🇬Umami Bioworks expands AI platform to advance global marine economy The Fish Site
🇺🇸 Food companies can now certify their products as free from ultraprocessed ingredients Food Dive
🇺🇸 MyForest Foods’ mycelium bacon sizzles as alt meat market cools AgFunderNews
🇺🇸 Cargill lays off 80 employees at headquarters after sales decline Biz Journals
