This week, funding rounds went to Germany-based climate technology startup Root Global, high-protein food maker David and a handful of other food and agriculture companies.
Elsewhere, insect protein producer Innovafeed launched some high-profile partnerships in the pet food industry, a new plant-based meat brand emerged in Europe and Regrow Ag announced sad layoffs.
Foodtech and Agtech financing
🇩🇪 David raises $10 million in seed funding to support science-based nutrition Food production
🇩🇪 De Novo Foodlabs funding accelerates alternative lactoferrin product News from the food industry
🇩🇪 German Root Global secures €8 million for its climate change management solution Vest Bee
🇸🇬 DiMuto secures $5.9 million to improve traceability of the global agri-food chain Agtech Navigator
🇧🇷 Fresh from a new round of financing, precision ag startup BemAgro wants to optimize forest management with AI AgFunderNews
M&A, IPOs & Partnerships
🇩🇪 FBN and ADM launch new company to connect grain buyers with more regeneratively grown products AgFunderNews
🇫🇷 Innovafeed launches co-branding partnership with Jiminy’s, Arch Pet food industry
🇬🇧 British plant protein producer The Tofoo Co acquired by private equity firm Comitis Capital Green Queen
🇺🇸 Big Idea Ventures partners with key industry players to launch next-generation pet food innovation program Vegconomist
Funds, grants and accelerators
🇻🇳 Vietnam’s Mekong establishes $200 million fund for soil regeneration Agricultural investor
🇺🇸 Empire State Development Announces Selected Finalists for Sixth Round of Annual $3 Million Grow-NY Global Business Competition Empire State Development
🇩🇪 NASA awards $1.25 million to three teams in Deep Space Food finals Vertical Farm daily
Personnel changes
🇦🇺 FarmTogether crosses $200 million in assets under management and announces new CEO to lead future expansion FarmTogether
🇨🇭 Ecorobotix appoints Cameron Holbrook as CEO for North America Global Agtech Initiative
Other news
🇪🇸 Beanstalk Foods launches to expand plant-based meat offerings in the European market The plant base
🇨🇦 Canada’s rail network is paralyzed: This is what it means for agriculture Agriculture Dive
🇳🇴 Norway is the latest country to recommend a predominantly plant-based diet in its new dietary guidelines Vegconomist
🇩🇪 Layoffs at Regrow Ag Regrow Ag LinkedIn
