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The team at Windfall Bio. Image credit: Windfall Bio

The Week in AgriFoodTech: Windfall Bio scoops up $28m, TerraClear bags $15m, Ginkgo buys AgBiome assets

April 11, 2024

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.

A Weenat machine in the wild. Image credit: Weenat

Foodtech funding

🇩🇰 Reshape Biotech advances global collaboration with $20M Series A

🇺🇸 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

The team at Windfall Bio. Image credit: Windfall Bio

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

🇺🇸 Cargill partners with Voyage Foods to scale up alternatives to cocoa-based products to meet consumers’ indulgence needs Cargill

Blue Tree reduced sugar juice
Image credit: Blue Tree Technologies

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


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