The week brought money flows on the agbiotech front, as chitosan solutions developer Tidal Vision announced a Series B round, sweet protein innovator Oobli teamed up with ingredient giant Ingredion, and Stockholm-based Agteria raised a seed round to develop methane-reducing feed additives.
Downstream companies saw some consolidation moves: India-based KiranaPro acquired grocery delivery service Joper and Finnish startup Raisio its sold plant protein business to dairy giant Valio.
Startup funding
🇺🇸 Tidal Vision completes $140m Series B to scale chitosan tech globally PR Newswire
🇺🇸 With $115m in new funding, 80 Acres Farms tackles plant genetics AgFunderNews
🇺🇸 Oobli joins forces with Ingredion & raises $18m to develop sugar reduction techniques FoodNavigator USA
🇸🇪 Swedish Agteria raises $6.2m to advance methane-reducing feed additives Arctic Startup
🇮🇱 IBI Ag closes $6.1m round to scale up ‘cost-effective’ bioinsecticides AgFunderNews
🇺🇸 AI-driven CPG manufacturing database Keychain raises $5m for European push Tech Crunch
🇳🇱 Dutch Collie secures $3.6m Seed investment for digital livestock management Tech.eu
🇫🇷 French natural hydrogen exploration startup Mantle8 raises $3.5m H2 View
🇳🇱 Proba secures $1m to decarbonise agritech through insetting Tech.eu
🇺🇸 Jitterless coffee creator Rarebird secures $1m strategic round PR Newswire [Disclosure: AgFunderNews parent company AgFunder is an investor in Rarebird.]
🇬🇧 UK’s CroBio secures $840k to boost soil health with microbial innovation Agritech Digest
🇬🇧 Climate-smart pet food startup Omni bags $94k on Dragons’ Den Green Queen
M&A, IPOs & partnerships
🇮🇳 India’s KiranaPro acquires grocery delivery service Joper Tech In Asia
🇫🇮 Raisio sells plant protein business to Finnish dairy giant Valio in $7m deal Vegconomist
🇸🇪 Nordic SeaFarm and FutureLab & Partners join forces to explore seaweed’s potential in biomaterials Arctic Startup
🇳🇱 Sustainable leather technology advances with collaboration between Meatable and Pelagen Cision
🇬🇧 Ella Mills acquires Allplants and plans a new direction for the brand Vegconomist
Funds, grants & accelerators
🇦🇺 Australian government backs Magic Valley with $100K to advance cultivated meat Cultivated X
People moves
🇨🇱 Christina Trampota joins NotCo’s as new chief product officer LinkedIn
🇺🇸 Vive Crop Protection welcomes four industry experts to commercial team Crop Life
Other news
🇺🇸 New player on lactoferrin block plans precision fermentation site in the Midwest AgFunderNews
🇺🇸 Walmart includes in-ovo sexing in new egg supplier guidelines Innovate Animal Ag
🇬🇧 Oxbury bank unveils blended finance for UK farmers to make sustainable changes AgTechNavigator
🇸🇮 Slovenian meat-free startup Juicy Marbles debuts ultra-realistic marbled lamb Green Queen [Disclosure: AgFunderNews parent company AgFunder is an investor in Juicy Marbles.]
