Agrifood Weekly Roundup: Key Developments in Startup Funding and Acquisitions

This week in the agrifood sector saw significant movements, particularly in startup funding and mergers and acquisitions. One of the standout events was the $75 million Series A funding round for protein bar manufacturer David, which also made headlines with its acquisition of ingredients firm Epogee.

Additionally, Finnish company Volare, known for its insect-based aquaculture feed, secured funding to establish a new factory, while Indian startup Alt Carbon successfully garnered seed funding for its carbon removal initiatives.

Startup Funding Highlights

🇺🇸 David Raises $75 Million Series A — Nosh

🇫🇮 Volare Secures $29 Million for Insect Factory — AquaFeed

🇮🇳 Alt Carbon Raises $12 Million Seed Funding — TechCrunch

🇨🇷 ClearLeaf Secures $3.5 Million for Pathogen Control Solutions — Agritech Tomorrow

🇦🇷 Calice Closes $2.5 Million Seed Round — LatamList

🇳🇴 NoMy Raises $1.4 Million for Mycoprotein Technologies — Vegconomist

🇨🇦 Brilliant Harvest Receives $500k from SVG Ventures — iGrow News

🇧🇪 ResultX Secures $454k Grant for ESG Reporting Tools — Silicon Canals

🇺🇸 FarmQA Completes Oversubscribed Seed Round, Aiming to Empower Agronomists with AI — AgFunderNews

Acquisitions, Partnerships, and IPOs

🇺🇸🇨🇭 MeliBio, Honey Without Bees, Acquired by FoodYoung Labs — AgFunderNews

🇺🇸 John Deere Acquires Sentera for Aerial Farming Solutions — PR Newswire

🇺🇸🇰🇿 Perennial and rTek Launch Partnership for Grassland Regeneration — AgNews Wire

🇯🇵🇸🇬 Denso in Talks to Acquire Axia Vegetable Seeds for $500 Million — Seed Today

🇯🇵 Suntory and TOWING Test Feasibility of Biochar — The Manufacturer

People Moves

🇺🇸 Polly Ruhland Joins Yield Lab Institute Board — LinkedIn

🇧🇩 Fashol’s Founder Sakib Hossain Featured in Forbes 30 Under 30 Asia — LinkedIn

🇫🇷 Swap (formerly Umiami) Appoints New Leadership Amid Financial Struggles — L’informé

🇳🇱 Thijs Bosch Appointed CEO of The Protein Brewery — Vegconomist

Other Noteworthy News

🇸🇪 Millow Commissions First Large-Scale Plant for Alt Meat Production — AgFunderNews

🇺🇸 Receiver Finalizes Deal with Buyer for Merit Functional Foods Plant in Winnipeg — AgFunderNews

🇺🇸 A Controversial MAHA Report Incites Praise and Criticism Among Experts — AgFunderNews

🇪🇺 EU Commission Announces Startup and Scaleup Strategy — Silicon Canals

🇺🇸 ClimateAi Launches Innovative AI Model for Climate Resilience — Business Green

🇬🇧 Meatly Introduces Technology to Reduce Cultivated Meat Costs — The Grocer

🇨🇳 Meituan and JD.com See $100 Billion Loss in Food Delivery Competition — Tech In Asia

🇮🇳 Subscription-based Grocery Service Otipy Closes, Affects 300 Employees — The Economic Times