AgFunderNews: Funding and Developments in AgTech and FoodTech
AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding News
🇸🇪 Swedish BioTech company Melt&Marble secures €7 million to scale designer fats in beauty and food EU Startups
🇦🇺 All G raises $6.6 million, forming a joint venture with Armor Protéines to scale both human and bovine lactoferrin AgFunderNews
🇧🇷 Brazil government invests $6 million in biotech startup to bridge the gap between breast milk and baby formula Green Queen
🇫🇷 France’s ReSoil clinches €4 million for farmer transition to regenerative agriculture Global Ag Investing
Mergers, Acquisitions, IPOs, & Partnerships
🇺🇸 Mars-Kellanova merger receives unconditional approval from the European Commission FoodNavigator
🇺🇸 Cultivo expands U.S. grassland restoration investments with the acquisition of Kateri AgFunderNews
🇺🇸 🇦🇪 Square Roots and Silal enter agreement to accelerate agricultural innovation in the UAE LinkedIn
Funds, Grants & Accelerators
🇩🇪 Early stage VC firm FoodLabs raises €105 million in their third fund Sifted
People Moves
🇺🇸 Coca-Cola CEO James Quincey announces his departure after nine years Food Dive
🇺🇸 Max Elder has been promoted to CEO at Food System Innovation LinkedIn
🇺🇸 Tidal Grow AgriScience appoints new VP of Innovation & Business Development Crop Life
Other News
🇬🇧 UK Government publishes first safety guidelines for cultivated meat product approvals Green Queen
🇧🇪 EU agrees on delay and review of the EUDR Food Navigator
🇺🇸 A novel microbial cleanup solution for glyphosate earns a patent—exploring its significance AgFunderNews
🇬🇧 Glyphosate license renewal set to enter a critical phase in the UK Farmer’s Weekly
🇮🇱 Cultivated meat company Believer Meats faces a lawsuit for $34 million in unpaid bills AgFunderNews
🇮🇱 Despite ceasing operations, Believer Meats’ challenges are not indicative of the cultivated meat sector’s viability, assert AMPS AgFunderNews
🇺🇸 Fork & Good, Extracellular, and Nutreco establish a strategic partnership to scale cultivated meat Protein Production Technology
🇺🇸 🇨🇭 Enko and Syngenta make strides with a new mode-of-action fungicide Business Wire
🇺🇸 DJI, a leader in agricultural spray drones, faces an uncertain future in the U.S. as the sector anticipates realignment AgFunderNews
The post AgriFood Signals: USDA’s $700 million regenerative pilot, FoodLabs Fund III, and the ‘critical phase’ for UK glyphosate appeared first on AgFunderNews.
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