Among several agrifoodtech startups securing funding this week were Spanish “earth intelligence” startup Xoople, Indian snacks brand Farmley, and Finnish food manufacturing startup Foodiq. Indian quick-delivery darling Zepto was also back in the funding news, with another mega-round.
Meanwhile Danone unveiled plans to acquire plant-based organic nutrition firm Kate Farms and Ceres AI partnered with Bayer Climate FieldView to bring AI-driven insights into farm operations.
Startup funding
🇪🇸 Xoople, world’s first Earth Intelligence company, emerges from stealth with $129m in funding EU Silicon Canals
🇮🇳 Zepto secures $100m investment, valued at $5b ahead of IPO Tech In Asia
🇮🇳 Indian snacks brand Farmley raises $40m in L Catterton-led round DealStreetAsia
🇪🇸 Heura bags $22.2m from EIB to expand plant-based tech platform, aims for profitability in Q4 AgFunderNews
🇫🇮 Finland’s Foodiq raises $11.2m for international expansion and scale its food manufacturing tech Silicon Canals
🇨🇦 B.C. climate tech startup veritree raises $6.5m and lines up pledges to plant 100 million trees globally GeekWire
🇫🇷 Paris-based Riverse raises $5.6m to scale carbon credits offering Tech.eu
🇸🇪 Sweden’s Lignin Industries raises $4.4m to scale bio-based plastic alternative derived from trees Tech.eu
🇦🇺 Bovotica raises $3.4m to stop cow burps from killing the climate StartupDaily
🇲🇽 Mexican BioPlaster raises $655k LatamList
🇪🇪 Mondelēz invests in Estonia’s eAgronom to boost regenerative farming across Europe Tech.eu
🇹🇭 Thailand’s MUU secures funding to scale animal-free dairy using precision fermentation Business News Asia
🇸🇪 Lantmännen invests in milk-alternatives company Sproud Just Food
M&A, IPOs & partnerships
🇫🇷🇺🇸 Danone plans to acquire U.S. plant-based organic formula maker Kate Farms Reuters
🇺🇸 Phospholutions expands distribution through partnership with The Andersons CropLife
🇱🇧🇦🇪 Malak Al Tawouk partners with Switch Foods to launch plant-based chicken menu items in the UAE Vegconomist
Funds, grants & accelerators
🇩🇪 Bosch Ventures’ $270m bet on US deeptech: Catalyst or challenge for German innovation? Tech Funding News
People moves
🇺🇸 Manulife Investment Management hires Brent McGowan as Global Head and CIO of Agriculture PR Newswire
🇺🇸 CropLife America appoints Paul Rea as Chair of the Board of Directors AgroPages
Other News
🇳🇱 Mosa Meat Requests UK Market Authorization Mosa Meat
🇨🇳🇧🇷 China’s Meituan to bring Keeta food delivery to Brazil under US$1 billion deal South China Morning Post
🇺🇸 Regen ag startup Vayda ceases operations LinkedIn
🇧🇷 IdeeLab achieves CDMO status with new industrial-scale facility for ag biological production AgFunderNews
🇺🇸 FDA approves three food colors from natural sources US Food and Drug Administration
🇺🇸 WeightWatchers files for bankruptcy as fat-loss jabs boom BBC News
🇬🇧 Better Dairy targets high-margin nutrition market with precision-fermented osteopontin AgFunderNews
🇺🇸 Indiana governor issues temporary ban of cell-cultured products for two-years Brownfield
🇺🇸 Danforth Technology Center launches gene-editing startup Spearhead Bio to solve ‘a major obstacle with CRISPR’ AgFunderNews
🇮🇱 Yeap gears up to commercialize upcycled yeast protein and unlock new income stream with fiber-rich product AgFunderNews
