AgFunderNews presents the latest updates on funding, mergers, acquisitions, closures, and notable trends in the agtech and foodtech sectors.
Recent Developments in Agtech and Foodtech
Funding News
🚜 Tractor Junction has secured $22.6 million in Series A funding to enhance its rural vehicle marketplace and fintech services. AgFunderNews
🌱 Biocentis raised $19 million to advance genetic insect control technologies. Axios
🇳🇱 AKA Foods has secured $17.2 million in seed funding to develop the first secure AI system for food innovation. PR Newswire
🏪 Keychain has raised $10 million to disrupt private label supply chains for major retail players. Food Business News
🇩🇰 Chromologics raises €7 million to advance its natural color ingredients. PR Newswire
✈️ Erg Bio has closed a $6.5 million seed round to enhance its flexible feedstock technology for synthetic fuels. GlobeNewswire
🌳 An Edinburgh University spinout has secured £4.5 million to advance tree-boosting fungal technologies. The Scotsman
Mergers, Acquisitions, IPOs & Partnerships
🇬🇧 🇮🇪 Senus has completed the acquisition of Loamin to enhance land and soil data analytics. Think Business
🇨🇭 🇺🇸 Barry Callebaut partners with NotCo AI for innovative chocolate solutions. Businesswire
🇺🇸 Perennial collaborates with Valor Carbon to accelerate soil carbon dioxide removal (CDR). Carbon Herald
🇩🇰 PlanetDairy acquires Stockeld technology, exploring the viability of hybrid dairy products among consumers. AgFunderNews
Funds, Grants & Accelerators
🇺🇸 Grow-NY selects its $1 million grand prize winner. Rochester Business Journal
People Moves
🇺🇸 Walmart’s CEO Doug McMillon announces retirement after over a decade at the helm. BBC
🇨🇭 Nestlé has announced the retirement of Sanjay Bahadur. GlobeNewswire
Other News
🇺🇸 Monarch Tractor is preparing for potential layoffs and a possible shutdown. TechCrunch
🌿 Melt Organic brand owner wins the bid for Miyoko’s Creamery: ‘We’re surprised and delighted’. AgFunderNews
🇺🇸 The US government has exempted over 200 agricultural products from reciprocal tariffs. Grocery Dive
🍓 DailyRobotics enters the strawberry harvesting market with a new robot that picks fruit 2–3 times faster than human workers. AgFunderNews
🇮🇳 🇯🇵 Alt Carbon issues Asia’s largest verified enhanced weathering credits to Mitsui O.S.K. Lines. ESG News
🇺🇸 Eat Just launches its plant-based chicken in over 3,000 Walmart stores. Vegconomist
🇫🇷 🇮🇹 🇺🇸 Bühler’s New Chocolate Challenge recognizes three startups addressing cocoa industry volatility. Vegconomist
🇩🇪 Barry Callebaut collaborates with Planet A Foods to expand cocoa-free chocolate alternatives. Protein Production Technology
🇺🇸 Tyson Foods will stop making ‘climate-smart’ beef claims due to a lawsuit. Green Queen
🇬🇧 Tate & Lyle extends its regenerative agriculture program into Europe. Tate & Lyle
🇺🇸 Kroger is closing automated fulfillment centers to improve e-commerce profitability. Grocery Dive
🌍 Perennial and AmSpec announce a partnership to expand and improve efficiency for MMRV globally.
🇧🇷 Eight countries have committed to a farmland restoration accelerator led by Brazil at COP30. Environment Journal
🇪🇺 The EFSA outlines significant updates to the novel food application process for 2025 and 2026. Protein Production Technology
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