The week brought good news for India as IPO-bound Rebel Foods secured $25 million, insect-based animal feed developer GreenGrahi raised $3.8 million, and D2C nutrition brand Good Monk closed a $2 million pre-A deal.
Elsewhere, British sustainability tracker 51toCarbonZero secured $4 million and Argentina’s PunaBio received investment from Corteva Catalyst.
Startup funding
IPO-bound Rebel Foods nets $25m from QIA Inc 42
UbiQD lands $20m to scale its light-optimizing quantum dot technology for agriculture and solar AgFunderNews
British sustainability tracker 51toCarbonZero secures $4m to help corporates decarbonize Tech.eu
Indian biotech startup GreenGrahi raises $3.8m seed funding Tech In Asia
D2C nutrition brand Good Monk nets $2m pre-series A Tech In Asia
PunaBio receives investment from Corteva Catalyst Nasdaq
BioLumic oversubscribed funding round accelerates a new category of non-GMO seed traits BioLumic
M&A, IPOs & partnerships
Eion teams up with Perdue for enhanced rock weathering in landmark carbon insetting deal AgFunderNews [Disclosure: AgFunderNews’ parent company AgFunder is an investor in Eion.]
Pinnacle Food Group Limited announces pricing of $7.2m Initial Public Offering Globe Newswire
Moolec Science to merge with Bioceres Group entities in major bioeconomy deal Protein Production Technology
Evogene selling the activity of Lavie Bio subsidiary to ICL Business Insider
Uber in talks to buy Turkish food delivery platform Trendyol Go Bloomberg
Funds, grants & accelerators
Novo Nordisk Foundation grants $7.2m for less-processed plant-based meat Alt-Meat
AI tech for egg farms gets $3.4m from UK government BBC News
South Holland Invests $1.1m to Develop Plant-Based Egg Alternative Vegconomist
PepsiCo unveils 10 startup finalists for the third edition of its Greenhouse Accelerator Program Startup Daily
People moves
MiAlgae expands leadership with new CFO appointment AquaFeed.com
Zomato food delivery CEO Rakesh Ranjan steps down; Deepinder Goyal to take charge The Economic Times
Gastón Paladini steps down as CEO of Moolec Science, and reflects on founding journey and legacy Protein Production Technology
Sunday Supper appoints new leadership team, launches $2.5m seed round Vegconomist
Other News
Compound Foods launches ingredient platform to future proof coffee and cocoa AgFunderNews
Agrovision rebrands as Fruitist, notched up sales of $400m in 2024 after meteoric growth AgFunderNews
Soil Capital unveils groundbreaking programme upgrade: ‘Beyond Carbon’ Soil Capital
Shiru launches commercial production of its AI-discovered ingredients GlobeNewswire
Aigen launches new robots for clearing weeds from farm fields Robotics and Automation News [Disclosure: AgFunderNews’ parent company AgFunder is an investor in Aigen.]
Singaporean functional plant-based ingredients manufacturer RELSUS launches state-of-the-art facility in India Business Standard
TUNO manufacturer Atlantic Natural Foods files for bankruptcy Vegconomist
Celeb-backed vegan burger chain Neat shuts final UK sites after series of global closures Green Queen
Delivery Hero’s Foodpanda to exit Thailand in May 2025 Tech In Asia
Happiee Launches Easy-Cook Lion’s Mane Mushroom In ‘UK first’ Plant Based News
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