Weekly Roundup: Notable Fundraises and Developments in the Startup Landscape
This week saw significant fundraises from a variety of innovative startups across the globe. Indian B2B trading platform Udaan, Swiss climate-forecasting startup Jua, and Japan-based foodservice provider Wada FoodTech, renowned for its automated bento vending machines, are among the highlights.
In other developments, Israeli company Meala has partnered with DSM-Firmenich to introduce a new texturizing protein tailored for meat alternatives. On a different note, Big Idea Ventures, in collaboration with Mars Petcare, launched a global innovation program aimed at pet food advancements.
Startup Funding Highlights
๐ฎ๐ณ Indian B2B firm Udaan raises $114 million in Series G funding Tech In Asia
๐ฌ๐ง Treefera secures $30 million to enhance transparency in the supply chain’s ‘first mile’ using AI AgFunderNews
๐จ๐ญ Jua raises $11 million to develop its Earth simulation platform for energy and climate forecasting Tech.eu
๐ฏ๐ต Wada FoodTech raises $5 million to expand its hot-chain decentralized foodservice platform Access Newswire
๐ซ๐ท Kumulus Water collects $3.5 million for its atmospheric water generators Tech.eu
๐ง๐ท๐ฏ๐ต Japan’s JICA invests in Brazilian digital banking platform Agrolend AgFunderNews
๐บ๐ธ Silicon Ranch makes a strategic investment in Swap Robotics Business Wire
Mergers & Acquisitions, IPOs & Partnerships
๐ซ๐ฎ๐ง๐ท Enifer partners with ethanol giant FS for mycoprotein production in Brazil AgFunderNews
๐บ๐ธ Grocery platform Misfits Market acquires The Rounds to enhance food waste reduction efforts TechCrunch
๐บ๐ธ Amyris and Ingredion dissolve their SweetJoint venture PR Newswire
๐บ๐ธ Big Idea Ventures teams up with Mars Petcare for a global pet food innovation initiative Globe Newswire
๐ฎ๐ฑ๐ณ๐ฑ Meala collaborates with DSM-Firmenich for new texturizing protein FoodBev Media
๐ง๐ช๐บ๐ธ AmphiStar and Kensing form strategic partnership for upcycled biosurfactants in North America Cosmetics Business
๐ณ๐ฑ Harvest House adopts Source.agโs AI-powered forecasting toolย Fruitnet
๐บ๐ธ Kubota collaborates with Agtonomy to enhance autonomous farming technology PR Newswire
Funding, Grants & Accelerators
๐ซ๐ฎ Nordic Foodtech VC announces the first close of its second fund at $45 million AgFunderNews
๐จ๐ฆ FCC Capital reveals a $2 billion investment in ag and food innovation Cision Newswire
๐จ๐ฆ Protein Industries Canada invests $15 million in genomics and AI funding for supply chain resilience Vegconomist
๐บ๐ธ Planeteer Capital secures $54 million for its maiden fund VC Wire
๐บ๐ธ CC Facility grants $1.1 million to enhance climate investment opportunities in Africa and AsiaCC Facility
๐ฌ๐ง Nomad Foods launches Future Foods Lab to expedite startup innovation Nomad Foods
People Moves
๐บ๐ธ Aldi US appoints Atty McGrath as new CEO Grocery Dive
๐บ๐ธ Robert E. Jones joins the Culinary Institute of America Morning Star
๐บ๐ธ Pivot Bio names Daryl Allen as Vice President of Sales Pivot Bio
Other News
๐ฆ๐น Arkeon Bio files for insolvency LinkedIn
๐บ๐ธ FDA approves Wildtypeโs cell-cultivated salmon for sale in the US AgFunderNews
๐บ๐ธ Perfect Day responds to a court’s deceptive marketing lawsuit regarding animal-free dairy AgFunderNews
๐บ๐ธ Peter Rahal and David Protein are sued for a ‘bait & switch’ scheme involving Epogeeโs fat replacer AgFunderNews
๐บ๐ธ Mondelฤz International expands its sustainable futures portfolio Mondelez International
๐บ๐ธ Liberation Labs rebrands to Liberation Bioindustries Globe Newswire
๐บ๐ธ Microsoft purchases 60,000 soil carbon credits from Indigo ESG Today
๐บ๐ธ FDA launches AI tool to enhance agency performance US Food and Drug Administration
๐ซ๐ท Bel Group to discontinue plant-based cheese brand Nurishh Just Food
๐บ๐ธ DoorDash, Grubhub, and Uber Eats settle with NYC over fee regulations Reuters
๐ฎ๐ณ Cyberattack at KiranaPro exposes data Tech In Asia
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