Latest Innovations in AgriFoodTech
This week has been bustling with exciting developments in the AgriFoodTech sector. From funding rounds to strategic partnerships, the industry is abuzz with activity. Let’s take a closer look at some of the notable highlights:
Startup Funding
🇳🇴 Norwegian vertical farming startup Avisomo secures $5.2 million – Avisomo’s innovative approach to vertical farming has attracted significant investment to fuel its growth and expansion.
🇧🇪 Belgian sustainable crop protection startup BiocSol snaps up $4.6 million – BiocSol’s commitment to sustainable agriculture has resonated with investors, propelling the company forward.
🇺🇸 PlantBaby raises $4 million for its alt-milk for kids – PlantBaby’s innovative approach to children’s nutrition has garnered significant support in the form of funding.
M&A, IPOs & Partnerships
🇮🇱 Brevel teams up with leading beverage manufacturer CBC Group to develop new products from microalgae – This strategic partnership is set to drive innovation in the beverage industry through the use of microalgae.
🇦🇷🇮🇱 SuperMeat joins forces with Argentine biotech Stämm to enhance bio-manufacturing processes for cultivated chicken – This collaboration aims to revolutionize the production of cultivated chicken through advanced bio-manufacturing techniques.
🇬🇧🇮🇱 FreezeM partners with British Packaged Feeds to advance zero-waste insect farming – This partnership is poised to drive sustainability in the agriculture sector through zero-waste insect farming practices.
Funds, Grants & Accelerators
🇺🇸 Lever VC announces $50 million first close of agrifoodtech Fund II – Lever VC’s latest fund is set to catalyze innovation in the agrifoodtech space.
🇺🇸 VPIC commits $35 million to agriculture fund – VPIC’s investment underscores the potential for growth and innovation in the agriculture sector.
🇳🇱 Amsterdam-based SevenGen Investment gets $41 million investment from EIF – SevenGen Investment’s latest funding round signals confidence in the company’s innovative solutions.
Other News
🇺🇸 Burcon investor leads facility acquisition to scale up plant protein production in Illinois – The acquisition is set to drive expansion and innovation in plant protein production.
🇺🇸 Perfect Day buries legal hatchet with co-manufacturer; searches for new CEO – Perfect Day’s strategic moves signal a new chapter of growth and innovation for the company.
🇺🇸 BIOMILQ files for bankruptcy amid IP dispute – BIOMILQ’s unfortunate situation underscores the challenges faced by startups in the AgriFoodTech sector.
Stay tuned for more updates on the evolving landscape of AgriFoodTech!
