Udaan scores $340m: The Week in AgriFoodTech:

Udaan scores 0m: The Week in AgriFoodTech:

Weekly Roundup: Notable Fundraises and Developments in the Startup Landscape

This week saw significant fundraises from a variety of innovative startups across the globe. Indian B2B trading platform Udaan, Swiss climate-forecasting startup Jua, and Japan-based foodservice provider Wada FoodTech, renowned for its automated bento vending machines, are among the highlights.

In other developments, Israeli company Meala has partnered with DSM-Firmenich to introduce a new texturizing protein tailored for meat alternatives. On a different note, Big Idea Ventures, in collaboration with Mars Petcare, launched a global innovation program aimed at pet food advancements.

Startup Funding Highlights

๐Ÿ‡ฎ๐Ÿ‡ณ Indian B2B firm Udaan raises $114 million in Series G funding Tech In Asia

๐Ÿ‡ฌ๐Ÿ‡ง Treefera secures $30 million to enhance transparency in the supply chain’s ‘first mile’ using AI AgFunderNews

๐Ÿ‡จ๐Ÿ‡ญ Jua raises $11 million to develop its Earth simulation platform for energy and climate forecasting Tech.eu

๐Ÿ‡ฏ๐Ÿ‡ต Wada FoodTech raises $5 million to expand its hot-chain decentralized foodservice platform Access Newswire

๐Ÿ‡ซ๐Ÿ‡ท Kumulus Water collects $3.5 million for its atmospheric water generators Tech.eu

๐Ÿ‡ง๐Ÿ‡ท๐Ÿ‡ฏ๐Ÿ‡ต Japan’s JICA invests in Brazilian digital banking platform Agrolend AgFunderNews

๐Ÿ‡บ๐Ÿ‡ธ Silicon Ranch makes a strategic investment in Swap Robotics Business Wire

Mergers & Acquisitions, IPOs & Partnerships

๐Ÿ‡ซ๐Ÿ‡ฎ๐Ÿ‡ง๐Ÿ‡ท Enifer partners with ethanol giant FS for mycoprotein production in Brazil AgFunderNews

๐Ÿ‡บ๐Ÿ‡ธ Grocery platform Misfits Market acquires The Rounds to enhance food waste reduction efforts TechCrunch

๐Ÿ‡บ๐Ÿ‡ธ Amyris and Ingredion dissolve their SweetJoint venture PR Newswire

๐Ÿ‡บ๐Ÿ‡ธ Big Idea Ventures teams up with Mars Petcare for a global pet food innovation initiative Globe Newswire

๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‡ณ๐Ÿ‡ฑ Meala collaborates with DSM-Firmenich for new texturizing protein FoodBev Media

๐Ÿ‡ง๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡ธ AmphiStar and Kensing form strategic partnership for upcycled biosurfactants in North America Cosmetics Business

๐Ÿ‡ณ๐Ÿ‡ฑ Harvest House adopts Source.agโ€™s AI-powered forecasting toolย Fruitnet

๐Ÿ‡บ๐Ÿ‡ธ Kubota collaborates with Agtonomy to enhance autonomous farming technology PR Newswire

Funding, Grants & Accelerators

๐Ÿ‡ซ๐Ÿ‡ฎ Nordic Foodtech VC announces the first close of its second fund at $45 million AgFunderNews

๐Ÿ‡จ๐Ÿ‡ฆ FCC Capital reveals a $2 billion investment in ag and food innovation Cision Newswire

๐Ÿ‡จ๐Ÿ‡ฆ Protein Industries Canada invests $15 million in genomics and AI funding for supply chain resilience Vegconomist

๐Ÿ‡บ๐Ÿ‡ธ Planeteer Capital secures $54 million for its maiden fund VC Wire

๐Ÿ‡บ๐Ÿ‡ธ CC Facility grants $1.1 million to enhance climate investment opportunities in Africa and AsiaCC Facility

๐Ÿ‡ฌ๐Ÿ‡ง Nomad Foods launches Future Foods Lab to expedite startup innovation Nomad Foods

People Moves

๐Ÿ‡บ๐Ÿ‡ธ Aldi US appoints Atty McGrath as new CEO Grocery Dive

๐Ÿ‡บ๐Ÿ‡ธ Robert E. Jones joins the Culinary Institute of America Morning Star

๐Ÿ‡บ๐Ÿ‡ธ Pivot Bio names Daryl Allen as Vice President of Sales Pivot Bio

Other News

๐Ÿ‡ฆ๐Ÿ‡น Arkeon Bio files for insolvency LinkedIn

๐Ÿ‡บ๐Ÿ‡ธ FDA approves Wildtypeโ€™s cell-cultivated salmon for sale in the US AgFunderNews

๐Ÿ‡บ๐Ÿ‡ธ Perfect Day responds to a court’s deceptive marketing lawsuit regarding animal-free dairy AgFunderNews

๐Ÿ‡บ๐Ÿ‡ธ Peter Rahal and David Protein are sued for a ‘bait & switch’ scheme involving Epogeeโ€™s fat replacer AgFunderNews

๐Ÿ‡บ๐Ÿ‡ธ Mondelฤ“z International expands its sustainable futures portfolio Mondelez International

๐Ÿ‡บ๐Ÿ‡ธ Liberation Labs rebrands to Liberation Bioindustries Globe Newswire

๐Ÿ‡บ๐Ÿ‡ธ Microsoft purchases 60,000 soil carbon credits from Indigo ESG Today

๐Ÿ‡บ๐Ÿ‡ธ FDA launches AI tool to enhance agency performance US Food and Drug Administration

๐Ÿ‡ซ๐Ÿ‡ท Bel Group to discontinue plant-based cheese brand Nurishh Just Food

๐Ÿ‡บ๐Ÿ‡ธ DoorDash, Grubhub, and Uber Eats settle with NYC over fee regulations Reuters

๐Ÿ‡ฎ๐Ÿ‡ณ Cyberattack at KiranaPro exposes data Tech In Asia

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