AgFunderNews Weekly Digest: Significant Developments in AgTech and FoodTech
AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding News
Afresh Technologies has secured $34 million in a recent funding round, signaling robust investor confidence in innovative food technology solutions, according to VC News Daily.
Planetary has raised $28 million to enhance its fermentation infrastructure and expand its licensing platform, as reported by AgFunderNews.
Rivan has raised £25 million aimed at creating synthetic natural gas using water and sunlight, noted Impact Alpha.
McWin Capital Partners has led a €10 million funding round in Incapto to innovate coffee capsule subscriptions, as detailed by Tech Funding News.
Cosaic has raised US$6 million in a seed extension to bolster its yeast-derived ingredient platform, supported by dsm-firmenich Ventures, according to Protein Production Technology.
AuX Labs has secured $4 million to commercialize its precision fermentation cheese platform, as per Dealroom.
Naturbeads has secured £3.6 million to establish its production plant in Italy, reported by UKTN.
Mergers, Acquisitions, and Partnerships
The USDA has signed a $300 million agreement with Palantir to modernize farm services and enhance food security, as covered by iGrow News.
Ecorobotix and Maya have partnered to pave the way for advances in digital agronomy, noted by Morning Ag Clips.
Mangrove Systems has acquired Grain Ecosystem in a strategic move towards biochar innovation, according to Carbon Herald.
Amazon has inked a $30 million deal to purchase carbon credits from Indian rice farmers, as reported by India Times.
Tooru plans to acquire plant-based milk machine startup Mylky for $16.2 million, highlighted by Green Queen.
AgroPlantae is set to acquire Kemin Industries’ crop technologies product portfolio, shared iGrow News.
Funds, Grants, & Accelerators
The UK government is backing a £50 million initiative to bring agritech innovations to British farms, according to iGrow News.
People Moves
Chonex has announced two new C-suite appointments, noted by Birmingham Business Journal.
EVERY has appointed Mario Patiño as its first Chief Revenue Officer to facilitate mass adoption following a nationwide rollout with Walmart, detailed by Businesswire.
Other News
SentiaNova has emerged from stealth mode, aiming to tackle the taste problem associated with plant proteins, according to AgFunderNews.
Ajinomoto has developed new technology to replace one of the most expensive components used in cultivated meat, detailed by Green Queen.
Sensient has announced a $250 million investment to expand its production of natural food dyes, highlighted by Food Dive.
Solinftec is rolling out self-refilling spray robots, achieving 24/7 farm autonomy, as described by AgFunderNews [Disclosure: AgFunderNews’ parent company AgFunder is an investor in Solinftec.]
Chestnut Carbon has completed its largest U.S. tree planting operation to date, as detailed by Carbon Herald.
Patagonia and the Rodale Institute are collaborating to transition an entire California county to regenerative agriculture, according to AgFunderNews.
Watershed has launched new AI agents designed to clean “messy” sustainability data, noted by ESG Today.
David Protein is scaling its alt-fat EPG capacity, anticipating consumer packaged goods deals aimed at achieving $300 million revenues by 2026, as highlighted by AgFunderNews.
The post AgriFood Signals: USDA and Palantir deal, fresh funding for Afresh, Amazon’s $30M carbon credit deal appeared first on AgFunderNews.
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