This week, Windfall Bio, a US company capturing methane to make biofertilizers, announced a new funding round, as did lab automation company Reshape Biotech, and TerraClear, which makes a rock-picking ‘bot for agriculture.
In the M&A world, Ginkgo Bioworks said it would buy the assets of AgBiome and the Science Based Targets initiative’s new rules for Scope 3 emissions are causing more than a little chaos.
Foodtech funding
🇩🇰 Reshape Biotech advances global collaboration with $20M Series A Tech.eu
🇺🇸 Liberation Labs raises further $12.5m to support construction of precision fermentation facility Green Queen
🇬🇧 Plant-based manufacturer SHICKEN secures further £4m investment from VegCapital Food Manufacture
🇩🇪 Torg raises €2.7m for AI-powered platform matching buyers with food suppliers Vegconomist
Agtech funding
🇺🇸 TerraClear obtains $15M, advancing ag-tech capabilities DMN
🇫🇷 Nantes-based agtech Weenat snaps €8.5 million Series C to combat water scarcity with data EU Startups
🇸🇬 Successful $6.2 million series A funding for Peptobiotics The Fish Site
Climate tech funding
🇺🇸 Windfall Bio raises $28 million to scale methane-eating-microbe industrial emissions solution ESG Today
🇺🇸 Ammobia raises $4.2m for green ammonia Axios Axios
🇺🇸 Pachama gets backing from Shopify to pioneer groundbreaking reforestation initiative in Brazil’s Atlantic Forest Business Wire
M&A, IPOs & partnerships
🇺🇸 Ginkgo Bioworks announces acquisition of AgBiome’s platform assets Ginkgo Bioworks
Other news
🇫🇷 French court suspends government ban on use of meat-related terms on plant-based food Green Queen
🇩🇪 BLUU Seafood expands cultivated fish production in preparation for market entry, predicts price parity with fish within 3 years Cultivated X
🇺🇸 Atlantic Fish Co. unveils the “world’s first” cultivated black sea bass prototype Vegconomist
🇬🇧 M&S invests £1m in tackling methane from burping and farting cows The Guardian
🇺🇸 Judge cuts Bayer’s $1.5B Roundup verdict by more than 60% Agriculture Dive
🇳🇿 Chicken-free chicken maker Sunfed Meat shuts: What went wrong New Zealand Herald
🇺🇸 Graphjet Technology to build new agricultural waste-to-graphite production facility in Nevada Global Newswire
🇮🇩 Poultry startup Pitik lays off staff as it reviews business operations Tech in Asia
🇨🇦 To boldly go… fueled by mycoprotein & greens: Maia Farms and Ecoation win Canadian grand prize in Deep Space Food Challenge AgFunderNews
🇬🇧 SBTi: Yes, companies can use carbon offsets to abate certain Scope 3 emissions GreenBiz
🇮🇱 OJ… with 30% less sugar? Blue Tree Technologies scales up with leading juice co, secures self-affirmed GRAS AgFunderNews
🇺🇸 Gates Foundation’s agtech arm sets up shop in St. Louis to help smallholders in Africa AgFunderNews