Agrifood Industry Highlights: Key Developments in Funding, Mergers, and Innovations
AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding News
🇺🇸 Havra has raised $113 million to introduce AI-native ERP and embedded finance solutions tailored for the international perishables market. Source: Rio Grande Guardian
🇳🇿 Scentian Bio has secured $7 million to advance its AI and insect-powered ‘digital nose’ technology to market. Source: New Zealand Herald
🇬🇧 Fermtech successfully raised £2.5 million in a seed round to enhance the production of a cocoa alternative developed from side streams. Source: Protein Production Technology
🇬🇧 A berry-picking robot manufacturer has obtained £3 million to fund farm trials, taking a step closer to automating harvest processes. Source: UKTN
Mergers & Acquisitions, IPOs & Partnerships
🇮🇹 Ambienta has acquired a majority stake in The Bridge, a plant-based dairy producer, aiming to broaden its influence in the €4.3 billion market. Source: Protein Production Technology
🇯🇵 🇺🇸 2nd Nature has partnered with Kanematsu Corporation to explore functional ingredients extracted from agricultural side streams. Source: Global Newswire
People Moves
🇺🇸 TerraClear has appointed Eric Rombokas as the new Director of Robotics and Hardware, signaling a push for advanced technology integration. Source: iGrow News
🇺🇸 The Plant Based Foods Association has announced Marjorie Mulhall as its new Executive Director. Source: PBFA
Other News
🇨🇳 DEEP Robotics has deployed robot dogs for transporting tea leaves in Zhejiang Province, China. Source: iGrow News
🇺🇸 Syngenta has unveiled its groundbreaking VIRESTINA technology aimed at effectively controlling grass weeds globally. Source: Business Wire
🇺🇸 Biotalys has achieved a crucial milestone in their bioinsecticide partnership with Syngenta. Source: Global Newswire
🇺🇸 ZBiotics is expanding into the hospitality sector through strategic partnerships focused on food and beverage offerings. Source: Business Wire
🇺🇸 Beyond Meat has entered a supply deal with Roquette for pea protein through 2027 and has greenlit a $10 million share inducement plan. Source: Protein Production Technology
🇧🇪 A new Belgian AI platform, Backbone, aims to reduce costly quality failures in food production. Source: Tech.eu
🇩🇰 Novonesis and DTU are collaborating to convert carbon into protein as part of a Bill Gates-backed initiative. Source: Green Queen
🇬🇧 Frontier Agriculture is rolling out digital grain monitoring throughout its UK storage network. Source: iGrow News
🇺🇸 Deere has settled a right-to-repair lawsuit with a $99 million fund and repair commitments. Source: Reuters
🇺🇸 FarmRaise has announced a partnership with Avalo to amplify AI-driven innovation in cotton farming. Source: Business Wire
🇳🇱 Source.ag has launched an AI-powered harvest forecast specifically for pepper growers. Source: Perishable News
The post Agrifood Signals: Havra nets $113m for fresh produce ERP, ZBiotics GM probiotic expands to hospitality sector appeared first on AgFunderNews.
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