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Image credit: Mosa Meat

The Week in AgriFoodTech: Mosa Meat cooks up $43m raise, Spiber bags $65m for sustainable fashion

April 18, 2024

The big foodtech funding news this week is a new raise from Netherlands-based cultivated meat startup Mosa Meat — also known as the creator of the world’s first cultivated beef burger. Fellow Dutch company and cultivated meat creator Meatable unveiled news of its first “sausage” tasting in Europe.

Over in the world of alternative materials, Japan’s Spiber raised a big round to scale up production of its eco-textiles made from “brewed protein,” while agtech saw a couple notable fundraises for pesticide alternatives, and insect farmer InnovaFeed opened a pilot facility in Decatur, IL, in partnership with ADM.

Image credit: Mosa Meat

Foodtech & agtech funding

🇳🇱 Maastricht-based Mosa Meat raises €40 million to help bring cultivated beef to consumers EU Startups

🇮🇱 Israel’s Greeneye Technology raises $20m to expand precision-spray tech across the US AgFunderNews

🇮🇩 Indonesia’s Jago Coffee raises $6m in Series A investment round World Coffee Portal

🇳🇱 Eindhoven-spinoff Vitalfluid raises €5M for its plasma-water alternative to pesticides Silicon Canals

🇸🇪 OlsAro raises $2.7m to expand climate smart crop breeding platform: ‘We’re enabling farming on otherwise unfarmable land’ AgFunderNews

🇬🇧 Cordon Technologies closes £840,000 pre-seed Cordon LinkedIn

Alternative silk by Spiber. Image credit: Spiber

Climate tech

🇯🇵 Japan’s Spiber Raises $65M to Scale Up Production of Eco Materials Made from Fermented ‘Brewed Protein’ Green Queen

🇫🇮 Finnish NPHarvest raises €2.2M for its wastewater recycling technology Ain Capital

M&A, IPOS & partnerships

🇺🇸 Mattson expands to Chicago with acquisition of Hyde Park Group, explores the Ozempic effect AgFunderNews

🇺🇸 Nature’s Miracle to acquire Agrify Vertical Farm Daily

🇺🇸 Cargill and Nestlé Purina partner on regenerative agriculture adoption to reduce the carbon footprint of Purina dry pet food products Business Wire

People moves

🇮🇱 🇺🇸 InnovoPro’s strategic expansion to the entire food & beverage market to be led by a new US based CEO – Gregory Belt PR Newswire

🇺🇸 Bunge names leadership team for proposed future combined organization upon close of Viterra transaction Business Wire

InnovaFeed pilot plant Decatur grand opening Image credit InnovaFeed
Image credit: InnovaFeed

Other news

🇺🇸  Innovafeed Expands to U.S.; French Agtech Firm Opens Insect Innovation Center in Decatur Business Wire

🇺🇸  Molecular farming startup Nobell Foods rebrands as Alpine Bio, secures 10th US patent AgFunderNews

🇻🇳 🇳🇱 Innovations in cricket protein and aviation fuel win The Liveability Challenge 2024 Eco Business

🇺🇸 Beyond Meat’s revamped burger hits shelves Food Dive

🇳🇱 EU bites into cultivated meat as Meatable sets first sausage tasting Forbes

 

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