The week brought good news for India as IPO-bound Rebel Foods secured $25 million, insect-based animal feed developer GreenGrahi raised $3.8 million, and D2C nutrition brand Good Monk closed a $2 million pre-A deal.
Elsewhere, British sustainability tracker 51toCarbonZero secured $4 million and Argentina’s PunaBio received investment from Corteva Catalyst.
Startup funding
🇮🇳 IPO-bound Rebel Foods nets $25m from QIA Inc 42
🇺🇸 UbiQD lands $20m to scale its light-optimizing quantum dot technology for agriculture and solar AgFunderNews
🇬🇧 British sustainability tracker 51toCarbonZero secures $4m to help corporates decarbonize Tech.eu
🇮🇳 Indian biotech startup GreenGrahi raises $3.8m seed funding Tech In Asia
🇮🇳 D2C nutrition brand Good Monk nets $2m pre-series A Tech In Asia
🇦🇷 PunaBio receives investment from Corteva Catalyst Nasdaq
🇳🇿 BioLumic oversubscribed funding round accelerates a new category of non-GMO seed traits BioLumic
M&A, IPOs & partnerships
🇺🇸 Eion teams up with Perdue for enhanced rock weathering in landmark carbon insetting deal AgFunderNews [Disclosure: AgFunderNews’ parent company AgFunder is an investor in Eion.]
🇨🇦 Pinnacle Food Group Limited announces pricing of $7.2m Initial Public Offering Globe Newswire
🇱🇺 Moolec Science to merge with Bioceres Group entities in major bioeconomy deal Protein Production Technology
🇮🇱 Evogene selling the activity of Lavie Bio subsidiary to ICL Business Insider
🇺🇸🇹🇷 Uber in talks to buy Turkish food delivery platform Trendyol Go Bloomberg
Funds, grants & accelerators
🇩🇰 Novo Nordisk Foundation grants $7.2m for less-processed plant-based meat Alt-Meat
🇬🇧 AI tech for egg farms gets $3.4m from UK government BBC News
🇳🇱 South Holland Invests $1.1m to Develop Plant-Based Egg Alternative Vegconomist
🇨🇳🇦🇺🇮🇩🇸🇬 PepsiCo unveils 10 startup finalists for the third edition of its Greenhouse Accelerator Program Startup Daily
People moves
🇬🇧 MiAlgae expands leadership with new CFO appointment AquaFeed.com
🇮🇳 Zomato food delivery CEO Rakesh Ranjan steps down; Deepinder Goyal to take charge The Economic Times
🇱🇺 Gastón Paladini steps down as CEO of Moolec Science, and reflects on founding journey and legacy Protein Production Technology
🇮🇹 Sunday Supper appoints new leadership team, launches $2.5m seed round Vegconomist
Other News
🇺🇸 Compound Foods launches ingredient platform to future proof coffee and cocoa AgFunderNews
🇺🇸 Agrovision rebrands as Fruitist, notched up sales of $400m in 2024 after meteoric growth AgFunderNews
🇧🇪 Soil Capital unveils groundbreaking programme upgrade: ‘Beyond Carbon’ Soil Capital
🇺🇸 Shiru launches commercial production of its AI-discovered ingredients GlobeNewswire
🇺🇸 Aigen launches new robots for clearing weeds from farm fields Robotics and Automation News [Disclosure: AgFunderNews’ parent company AgFunder is an investor in Aigen.]
🇪🇸 Plant-based menus to be available at Spanish schools as government approves healthy & sustainable cafeterias decree Vegconomist
🇸🇬🇮🇳 Singaporean functional plant-based ingredients manufacturer RELSUS launches state-of-the-art facility in India Business Standard
🇺🇸 TUNO manufacturer Atlantic Natural Foods files for bankruptcy Vegconomist
🇬🇧 Celeb-backed vegan burger chain Neat shuts final UK sites after series of global closures Green Queen
🇹🇭 Delivery Hero’s Foodpanda to exit Thailand in May 2025 Tech In Asia
🇬🇧 Happiee Launches Easy-Cook Lion’s Mane Mushroom In ‘UK first’ Plant Based News
