Meat and diamonds aren’t the only items getting the “lab grown” label these days. Add cotton to that list, with US plant cell culture startup GALY announcing a Series B raise this week.
Meanwhile, what do soil data and predictive agronomy have in common? Plenty, which is probably why EarthOptics and Pattern Ag saw fit to merge.
In the world of people moves, Former Benson Hill boss Matt Crisp joined the Alpine Bio board, Tyson got a new CFO and the Institute of Food Technologists welcomed its next president. And finally, Beyond Meat revealed plans to get into larger whole cuts with a mycelium-based steak.
Foodtech funding
🇧🇷 Cellva Ingredients raises $1.5M Latamlist
🇺🇸 Plant-based cheesemaker Climax Foods secures bridge funding, plans restructuring AgFunderNews
Agtech funding
🇺🇸 Lab-Grown cotton startup GALY closes $33M Series B round led by Bill Gates Green Queen
🇧🇪 Trill Impact Ventures leads Soil Capital’s EUR 15m Series B financing round Trill Impact
🇺🇸 CeresAI closes Series D funding FinSMEs
🇧🇪 Belgium-based Ventory raises €1.75 million to revolutionise field inventory management EU Startups
Image credit: EarthOptics
M&A, IPOs & partnerships
🇺🇸 EarthOptics and Pattern Ag merge for soil digitization powerhouse Global Ag Investing
Funds, grants & accelerators
🇺🇸 Mondelēz International selects 10 start-ups to participate in second colab tech accelerator program Mondelēz
🇸🇬 Bezos Earth Fund establishes sustainable protein center in Singapore Barrons
🇺🇸 A $1.2 million Rosetta stone for honeybees UCR
People moves
🇸🇬 Flash Coffee taps ex-Foodpanda CEO in turnaround bid Tech in Asia
🇺🇸 Flashfood appoints new chief financial officer Business Wire
🇺🇸 Tyson Foods appoints new CFO, replacing company heir Agriculture Dive
🇺🇸 University of Missouri’s Christopher Daubert takes over as president of Institute of Food Technologists Morningstar
🇺🇸 Matt Crisp joins Alpine Bio board LinkedIn [Disclosure: AgFunderNews’ parent company AgFunder is an investor in Alpine Bio.]
Other news
🇺🇸 CNBC
🇩🇰 21st.BIO obtains self-affirmed GRAS status for its precision fermented beta-lactoglobulin PR Newswire
🇩🇪 Nosh.bio partners with meat producer to launch single-ingredient meat analog Tech.eu
🇳🇿 New Zealand’s Sustainable Foods, maker of hemp-based Plan*t meats, files for administration Green Queen
🇺🇸 Merced College launches certificate program aimed at teaching farm laborers new technology skills ABC
🇺🇸 AgrosSpheres gets US EPA approval for biofungicide LinkedIn
🇹🇭 Thailand releases policy roadmap to become global hub for plant-based proteins Vegconomist
🇺🇸 Impossible Foods and Motif FoodWorks bury the legal hatchet in IP dispute; Impossible to take over Motif’s heme business AgFunderNews
