AgFunderNews: Key Developments in Agtech and Foodtech
AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding News
- 🇺🇸 SEMCAP Food & Nutrition makes $55 million investment in Good Culture SEMCAP
- 🇮🇳 Indian food firm The Whole Truth raises $51m in Series D Tech in Asia
- 🇦🇪 UAE’s Kitopi raises $50m in growth capital led by EvolutionX Cairo Scene
- 🇺🇸 GrubMarket raises $50m in Series H funding at $4.5B valuation iGrow News
- 🇮🇩 Indonesia’s Jago Coffee raises $12.5m as BEENEXT, Intudo double down Deal Street Asia
- 🇫🇷 UBEES secures €8m to support global expansion of regenerative pollination Tech.eu
- 🇺🇸 Omeat becomes evergreen, raises $6m to bring cultivated meat to US & Singapore Green Queen
- 🇬🇧 Sparxell raises $5m in new funding round to scale its plant-based colour tech Fashion Network
- 🇶🇦 Qatar’s Hydrovest raises $275K to scale agritech production and expand into the UAE Wamda
M&A, IPOs & Partnerships
- 🇨🇳 China’s Meituan snaps up Dingdong to deepen push into fresh grocery retail SCMP
- 🇺🇸 General Mills partners with Euralis to accelerate regenerative agriculture in sweetcorn production New Food Magazine
- 🇺🇸 Verity and Bushel integrate platforms for farm data traceability Street Insider
Funds, Grants & Accelerators
- 🇬🇧 Henry Dimbleby has grape expectations for new wrapping The Times
- 🇬🇧 From precision-bred hemp to Sunshine Tomatoes: £21.5m to drive farm innovation in England UK Govt
- 🇺🇸 US invests $15.2m in Vietnam tilapia project to boost soybean exports AgtechNavigator
People Moves
- 🇺🇸 Hello Tractor appoints Susan Njihia as chief of staff LinkedIn
- 🇬🇧 Climate Impact Partners appoints chief growth officer ESG Dive
- 🇮🇹 Ferrero names insider to head WK Kellogg after $3.1B purchase Food Dive
Other News
- 🇺🇸 Carbon Robotics built an AI model that detects and identifies plants TechCrunch
- 🇨🇦 Nutrien re-aligning to bring wholesale and retail crop input businesses together Real Agriculture
- 🇺🇸 Court rules Texas food label censorship law is unconstitutional Animal Legal Defense Fund
- 🇺🇸 Starbucks bets on robots to brew a turnaround in customers BBC
- 🇧🇷 Rovensa Next strengthens its global innovation capabilities with a new pilot fermentation plant in Brazil Agribusiness Global
- 🇳🇬 Nigeria plans to integrate 14 million smallholder farmers into the cassava bioethanol value chain African Agribusiness
- 🇺🇸 GHG Protocol rolls out first global standard for land-sector emissions and carbon removal Carbon Herald
- 🇺🇸 EPA advances farmers’ right to repair their own equipment Morning Ag Clips
- 🇮🇳 Government to launch multi-lingual AI tool Bharat-VISTAAR for agriculture sector India Times
- 🇪🇺 EU adopts first-ever standard for carbon removal projects ESG Today
- 🇺🇸 Savor launches PCB division to bring carbon-derived fats to cosmetics Personal Care Insights
The post AgriFood Signals: UAE’s Kitopi nabs $50m, new Defra investments in UK ag, Carbon Robotics launches AI model appeared first on AgFunderNews.
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