This week British pet-food delivery service Butternut Box fetched over $100 million, German startup OroraTech extended its Series B to scale satellite-powered wildfire detection, and London-based Converge raised funds to decarbonize concrete with AI.
Elsewhere Chobani bought plant-based food maker Daily Harvest, and Big Idea Ventures acquired Vevolution to expand its global agrifoodtech reach.
Startup funding
🇬🇧 Butternut Box fetches over $100m from Liquidity to become Europe’s next pet food unicorn Tech Funding News
🇩🇪 OroraTech extends its Series B to $42m to scale satellite-powered wildfire forecasting tech Tech.eu
🇬🇧 Converge raises $22m to decarbonize concrete with AI Converge
🇬🇧 London-based Rivan raises $13.3m to decarbonize heavy industry using synthetic fuels Silicon Canals
🇦🇺 EatClub secures $11.6m Series A to fuel UK expansion Startup Daily
🇩🇪 Berlin-based Freshflow raises $7.4m to optimise fresh food supply chain with AI EU Startups
🇨🇦 Verdi Raises $6.5m to Scale Irrigation Automation Across North America Techcouver
🇺🇸 Blooms plans more digital financial tools for Latam’s produce exporters with SP Ventures-led fundraise AgFunderNews
🇨🇴 Ocean 14 and S2G invest in Colombian insect meal startup Enthos Impact Investor
🇸🇬🇳🇿 Epic Angels joins funding for NZ biotech startup Opo Bio Tech In Asia
M&A, IPOs & partnerships
🇺🇸 Chobani buys plant-based food maker Daily Harvest Food Dive
🇺🇸🇬🇧 Big Idea Ventures acquires Vevolution to expand global agrifoodtech reach Protein Production Technology
🇺🇸 Bartlett agrees to acquire Minnesota-based global agriculture company, Ceres Global Bartlett
🇪🇸 Glovo and Finmid partner to provide instant capital to SMEs Tech.eu
🇮🇳 Temasek-backed logistics firm Shiprocket files draft IPO Tech In Asia
🇸🇬🇮🇩 Indonesia’s antitrust body looking into risks from reported Grab-GoTo merger Reuters
🇩🇰🇬🇧 Danish starch producer KMC signs UK deal with Daymer Ingredients Vegconomist
🇩🇪🇺🇸 Veganz partners with Jindilli Beverages to expand Mililk technology across North America, Australia and New Zealand The Plant Base Mag
Funds, grants & accelerators
🇳🇿 New Zealand’s Seedling Investments launches fund to drive next generation of regenerative dairy farmers and farming RFSI Forum
🇳🇱 Carbon Equity launches fund to allow retail investors to back climate tech companies starting from $22.6k Silicon Canals
People moves
🇺🇸 Eric Schulze joins Omeat Alt-Meat
🇳🇱 Robert E. Jones steps down from Mosa Meat and Cellular Agriculture Europe Protein Production Technology
🇮🇱 Gusui Wu Joins GeneNeer as Senior Scientific Advisor PR Newswire
Other News
🇨🇭 Nestlé bets big on AI and biotech with new deep tech center in Switzerland AgFunderNews
🇸🇬 TurtleTree secures FDA “No Questions” letter for world’s first precision-fermented lactoferrin PR Newswire
🇺🇸 FDA advances robust, transparent post-market chemical review program to keep food supply safe and healthy U.S. Food and Drug Administration
🇬🇧 Over 40 brands unite in “unprecedented” campaign to drive meat-free category growth Vegconomist
🇺🇸 Georgia passes federal pesticide label legislation: how will this impact glyphosate? CropLife
🇺🇸 Nebraska sixth state to ban lab-grown meat National Hog Farmer
🇩🇪 German meat alternatives production increased by 4% to 126,500 tonnes in 2024 Vegconomist
🇺🇸 Leading companies launch American Alliance for Biomanufacturing (AAB) to bolster U.S. industrial leadership PR Newswire
The post The Week in AgriFoodTech: Butternut Box fetches $100m, OroraTech raises $42m, Converge lands $22m appeared first on AgFunderNews.
