This week, Thailand-based food company Betagro (“BTG”) launched its own venture arm to invest in early-stage agtech and foodtech startups. Oishii, which grows high-end berries via vertical farming, nabbed $15 million to build out a new solar-powered facility, and Lithuanian investment platform HeavyFinance turned its attention to regenerative ag in Ukraine.
Foodtech & agtech funding
🇺🇸 Invent Analytics raises $17m to help retailers maximize profits with supply chain AI and expand platform footprint PR Newswire
🇺🇸 Pipedream raises $13m as it looks to build underground middle mile delivery network The Spoon
🇺🇸 Caladan Bio raises $5m seed round to build next generation benchtop bioreactors AgFunderNews
🇫🇷 Edonia grabs €2m to turn microalgae into less bitter-tasting ground meat alternative TechCrunch
🇨🇦 Maia Farms raises $1.7m in pre-seed round to expand mycelium production AgFunderNews
🇬🇧 British agtech CroBio secures €1.45 million seed to enhance agricultural drought resilience with soil microbes EU Startups
🇳🇿 Jooules secures NZ$1m to transform CO2 into complete protein ingredients Vegconomist
M&A, IPOs & partnerships
🇺🇸 Supergut rolls out nationwide in GNC stores as part of GLP-1nutritional support section Food Navigator
Funds, grants & accelerators
🇺🇸 Oishii secures $15 million for solar-powered Phillipsburg facility Vertical Farm Daily
🇦🇺 AgriFutures Australia 2024 Catalyst Cohort revealed AgriFutures
🇧🇪 EIT Food Accelerator Network announces 2024 cohort EIT Food
People moves
🇮🇩 EFishery CFO steps down, CEO to take over temporarily Tech in Asia
🇺🇸 Phospholutions Welcomes James Ortíz as Chief Commercial Officer to Drive Global Expansion Phospholutions
🇺🇸 Industry veteran Chris Turner joins Pivot Bio as chief commercial officer Pivot Bio
Image credit: Getir
Other news
🇱🇹 HeavyFinance eyes Ukraine debt and 300,000ha carbon project Agri Investor
🇹🇷 Getir is exiting Europe and closing Gorillas as fast grocery delivery feels the chill Tech.eu
🇩🇪 Foodpanda launches new private label range “bright” Retail Asia
🇮🇱 BioRaptor and Aleph Farms use AI to lower the costs of cultivated beef Venture Beat
🇺🇸 DeSantis signs ban on lab-grown meat in Florida, says ‘elites’ are pushing it Florida Phoenix
🇺🇸 FDA clarifies approach to genomic alterations in animals FDA
🇺🇸 Impossible Foods secures ‘highly anticipated’ retail deal with Whole Foods Food Dive
🇺🇸 Plant-based cheesemaker Climax Foods disqualified from Good Food Awards on eve of awards ceremony AgFunderNews
