💰 Fundraise highlights: Land-based salmon farming operation First Water and insect farmer nextProtein announced notable raises, along with Ceres and Source.ag.
🍗 Spotlight on cultivated meat: Britain’s Hoxton Farms filed for regulatory approval in Singapore for its cultivated fat; Believer Meats received USDA approval for cultivated chicken.
🍫 Plus: Pow.Bio scales up continuous biomanufacturing, healthy fast-food chain Leon buys itself back, and the world’s biggest chocolate maker dabbles in cocoa-free alternatives.
Funding news
🇺🇸 The EVERY Co raises $55m to scale egg proteins via fermentation, crosses line ‘from promise to proof’ AgFunderNews
🇮🇸 After raising €39M, Iceland’s First Water secures €24M to expand land-based salmon farming in Þorlákshöfn Silicon Canals
🇹🇳 NextProtein lands $20.7M Series B to scale insect protein in Tunisia Launch Base Africa
🇳🇱 Source.ag secures $17.5M to advance AI for controlled environment agriculture Tech.eu
🇦🇺 Uluu raises AU$16M to scale seaweed-based alternative to plastic Vegconomist
🇺🇸 Ceres: $13 million raised and John Tincoff appointed to board Pulse 2.0
🇦🇺 Queensland agtech startup Nbryo nabs $10 million Seed round to breed better beef Startup Daily
🇺🇸 Appetronix raises $6m to scale robotic kitchens: ‘Quick service is going to get more and more automated’ AgFunderNews
🇵🇱 With 800 million people living with obesity worldwide, Warsaw’s Holi secures €3 million to expand its digital treatment platform EU Startups
🇺🇸 HudsonAlpha gets $2M for crop, forest research Axios
🇺🇸 Atlantic Fish Co. secures $1.2M Seed round to pursue $400B seafood market Atlantic Fish Co.
🇦🇷 ReForest Latam raises $1M pre-seed round Latam List
M&A, IPOs & partnerships
🇺🇸 Miyoko’s founder plans bid to buy back brand from liquidator AgFunderNews
🇺🇸 🇩🇪 🇫🇷 Pow.Bio, Bühler, and ATV Technologies scale up continuous biomanufacturing platform to 3,000 liters Vegconomist
🇨🇭 🇺🇸 Atinary partners with ABB Robotics, others to accelerate R&D with self-driving lab AgFunderNews
🇬🇧 Leon founder buys chain back from Asda at healthy discount The Times
🇨🇭 🇩🇪 Barry Callebaut teams up with cocoa-free chocolate start-up Planet A Foods FoodBev Media
Funds, grants & accelerators
🇨🇱 The Global Methane Hub announces $30 million investment to fast-track research and development on low-emission rice The Brazil Report
People moves
🇩🇪 Dr. Judith Hartmann to become new chief financial officer of Bayer AG Bayer
🇦🇺 AgriProve appoints Kieren Whittock as general manager AgriProve
🇳🇱 Maiko Van der Meer is new CEO at Protix; Aurora Bekkevold leaves Grieg for ScaleAQ Software Seafood Source
Other news
🇸🇬 Hoxton Farms files for Singapore approval of cultivated pork fat Green Queen
🇺🇸 Corteva’s unveils its first-ever bioinsecticide: ‘Combining biologicals with synthetics is critical’ AgFunderNews
🇺🇸 Biotalys shares jump as EPA proposes registration of first biofungicide Investing
🇸🇬 Growy Singapore enters provisional liquidation after one year of operation Vertical Farm Daily
🇩🇰 Danish insect ag firm ENORM declared bankrupt after failed reconstruction process AgFunderNews
🇫🇷 Ag robotics startup Naïo bounces back after a year of financial turmoil AgFunderNews
🇺🇸 Believer Meats secures USDA approval to launch cultivated chicken from world’s largest production facility Protein Production Technology
🇺🇸 Meati in trouble again as firm misses payroll. ‘People are in group chats begging for answers’ AgFunderNews
The post The Week in AgriFoodTech: Funding for insect protein, Believer Meats USDA approval, Pow.Bio scales continuous biomanufacturing appeared first on AgFunderNews.
