AgTech and FoodTech Insights

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AI precision spraying pioneer Greeneye Technology raises $20m to scale U.S. operation

Greeneye Technology, the pioneer of AI-enabled precision spraying technology that is proven to reduce herbicide use in farming by an average of 88%, today announces the completion of a $20m funding round led by Israeli investment company Deep Insight. The round is supported by existing investors Syngenta Group Ventures, JVP, Orbia Ventures, and Eyal Waldman,…

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Robovision Secures $42 Million Funding

Robovision, a leading European AI company specializing in AI-powered computer vision, has successfully raised $42 million in its latest investment round. The round was led by Target Global and Astanor Ventures, known for their significant contributions to high-growth companies. Astanor Ventures, as an impact investor, will play a vital role in amplifying Robovision’s positive global…

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Applications for the $3 million food and agriculture global startup competition will be accepted through May 15

Empire State Development (ESD) has announced that the application window is now open for the sixth year of the Grow-NY food, beverage, and agriculture business competition. Grow-NY attracts high-growth potential food and agriculture startups to compete for $3 million in total prize money each year and supports 20 finalists through a business development phase that…

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Novel Seed Enhancement Tech Makes Deserts Bloom

Extreme weather events—heatwaves, droughts, extreme cold snaps—pose significant threats to agriculture, contributing to the phenomenon of desertification. Globally, fertile lands are increasingly being degraded, losing the ability to sustain life and grow food. AgriTech start-up SaliCrop, Ltd., has pioneered a breakthrough seed treatment to transform arid terrain into flourishing landscapes to growing food. Leveraging its…

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Verdify secures €2.4 million investment for impactful food choices in healthcare and retail

Foodtech company Verdify has successfully raised €2.4 million in funding to scale its personalised nutrition innovation for fostering human and planetary health. The investment comes from existing shareholders and new investors Goeie Grutten Impact Fund, Oost NL, Koppert Cress and De Smaakmaker. The capital injection follows previous investments in the company in 2020 and 2021.…

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Forsea Unveils First Cultured Eel

Cell-cultured seafood start-up Forsea Foods, Ltd. sails on its mission to save wild eel populations from near extinction by unveiling its first prototype of cell-cultivated freshwater eel. Forsea successfully replicated the traditional Japanese unagi eel (Anguilla japonica) featuring the same tender, succulent texture and rich savory flavor as real eel. The visionary start-up has been…

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GeneNeer Secures $1 Million in Seed Funding to Revolutionize Crop Seed Innovation

GeneNeer Ltd. is pleased to announce it has successfully closed a US$1 million seed round to support the acceleration of its technology for rapid crop seed innovation. The company’s breakthrough method leverages its proprietary Superlines and tissue-specific silencing capabilities to improve the current precision, speed, and safety of advanced breeding technologies. In a league of…

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Indian Agriculture Embraces AI for Grain Quality Analysis

Grain Analyser received the prestigious Pusa Krishi Grant for the groundbreaking initiative to introduce phone-based quality assessment technology to farmer producer organisations (FPOs) in India. The Indian Council of Agricultural Research (ICAR) and the Indian Agricultural Research Institute (IARI) have selected Grain Analyser, awarding it 25 lakhs of INR to bring phone-based AI grain quality…

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Singapore’s ProfilePrint completes Series B fundraising, strengthening its position as the neutral A.I. Ingredient Quality Platform

ProfilePrint Pte. Ltd., a Singapore-based technology company effecting significant changes in the agrifood industry, has announced the successful conclusion of its Series B funding round. The round was led by Tai Partners and participated by four of its existing shareholders, showcasing a strong vote of confidence in ProfilePrint’s AI-driven ingredient quality platform, underpinned by its…

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Invaio Sciences acquires Peptyde Bio to accelerate nature-positive crop protection pipeline

Invaio Sciences recently announced it has acquired Peptyde Bio, a company that discovers, designs and characterizes novel peptides for use in agriculture. The acquisition brings an established platform and IP portfolio that will enable Invaio to speed up the design and discovery of biologically active peptides that can protect crops from pests and disease in…

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Nufarm and IBI Ag collaborating to bring to market novel bioinsecticides

Nufarm and IBI-Ag have announced a collaboration agreement which grants Nufarm exclusive rights to further develop, with an option to commercialize, several specific bioinsecticide candidates discovered by IBI-Ag. IBI-Ag is a leading ag-biologicals company that develops single domain antibody insecticides to increase crop production with no harm to farmers, consumers and the environment. As an…

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North Carolina is Sowing Seeds of Success for AgTech Startups

There is a powerful competitive advantage for AgTech startups located in North Carolina (NC), with the key determinant of success being proximity to a healthy ecosystem that provides access to talent, patient capital, entrepreneurial development, and existing market opportunities in the context of a supportive and committed legislature. It is by no accident that NC…

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17 million euros for sustainable agriculture: ECBF leads RED Horticulture Series A financing round, together with Demeter IM and Unigrains

Together with the European Circular Bioeconomy Fund (ECBF), Demeter IM and Unigrains, RED Horticulture closed a 17 million Series A funding round to drive its growth and invest in the development of its high-performance lighting strategies. Part of the financing comes from a banking pool (BPI, BNP Paribas, CIC, Crédit Agricole, Société Générale) and support…

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Hypercell Technologies wins $1 million at global Grow-NY food and ag competition

Governor Kathy Hochul Wednesday announced Hypercell Technologies, of Peachtree Corners, Georgia as the grand-prize winner of this year’s Grow-NY business competition, a startup challenge focused on enhancing the emerging food, beverage, and agriculture innovation cluster in Central New York, the Finger Lakes, and the Southern Tier. Now in its fifth year, the program awarded $3…

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ChickP Taps into Active Nutrition Market with Chickpea Protein Isolate

Plant protein pioneer ChickP Protein, Ltd. is forging ahead in the active nutrition market to fill the surging demand for natural, high-protein, plant-based nutrition bars and similar on-the-go, better-for-you products. The company developed a line of prototypes, powered by its signature, 90% chickpea isolate, to fit the requirements of active lifestyle consumers and others who…

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Kagome, NEC and DXAS introduce agricultural ICT platform “CropScope” to tomato field in northern Italy, saving water and increasing yield

Kagome Co., Ltd., (Kagome) NEC Corporation (NEC) and DXAS Agricultural Technology LDA (DXAS), a joint venture between Kagome and NEC, have introduced an agricultural ICT platform, “CropScope,” which combines AI farming advice and automatic irrigation control functions compatible with pulse drip irrigation(1), to tomato fields in northern Italy and Portugal. In northern Italy, CropScope was introduced for…

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Botanical Composition Supports Blood Sugar Balance in a Chocolate Delight

Food-tech start-up SolvEat brings research-supported botanical compositions to the functional foods space. The bioactive solution is designed to help maintain healthy blood sugar levels when used as part of a regular diet. SolvEat collaborated with a chocolate company to develop a chocolate bar prototype as a first proof of concept. SolvEat will introduce the new…

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Hong Kong International Wine & Spirits Fair closes

The 15th HKTDC Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), ended recently after a successful three-day run (3-5 November). The fair drew keen buyers from emerging markets. Several regions stood out including Korea, Mainland China and Taiwan, as well as Southeast Asian countries such as Indonesia…

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Bloomberg UK names BigSis in its 25 ‘Startups to Watch’

BigSis, the British agtech start-up offering robust yet chemical-free insect control solutions to farmers, has been named as one of Bloomberg UK’s 25 Startups to Watch. From more than 1,500 applications received, BigSis is one of just 25 startups to feature in the inaugural list compiled by Bloomberg. The financial and media company says the…

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Wanda Fish raises USD $7m in seed funding to accelerate pilot production of cultivated bluefin tuna

FoodTech start-up Wanda Fish Technologies, Ltd., announces it has secured USD 7 million in seed funding. The round was led by Netherlands-based global aquaculture investment fund Aqua-Spark, with additional funding from returning pre-seed investors The Kitchen Hub by the Strauss Group, Peregrine Ventures, LLC, PICO Venture Partners, MOREVC, and CPT Capital, LLP. Since its inception,…

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Nutri-tech start-up debuts new line of whole-cell cultivated berry phytonutrients

Nutri-Tech start-up Novella, Ltd. unveils prototypes of its new line of berry-derived bioactives. Charting a new course in the nutraceuticals industry, the start-up is in the advanced stages of developing intact-cell berry compounds grown outside of the plant using novel, precision-controlled-environment technology. The cutting-edge platform will ease some of the bottlenecks in the supply for…

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Start-up fighting cow-burped methane raises US$29m in Series B funding, bringing total investment to US$47m

CH4 Global, Inc., a climate tech company on the path to radically reducing GHG emissions in animal agriculture, recently announced it has raised US$29 million in Series B funding. The company will use the funds to build and validate the CH4 Global EcoPark™, an aquaculture and production facility that will make CH4 Global’s signature product,…

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BioBetter pioneers cultivated meat future with molecular farming

FoodTech start-up BioBetter, Ltd., opens its first food-grade pilot facility to accelerate the production of key growth factors for the cultivated meat industry. The company has pioneered a unique protein manufacturing platform for producing growth factors (GFs) using tobacco plants as self-sustained, animal-free bioreactors. Solving bottleneck challenges Helping cultivated meat companies offer affordable and accessible…

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Umami United, developer of plant-based egg replacer, closes Pre-Series A funding

Umami United Pte. Ltd. (“Umami United”) announces the closing of its Pre-Series A series invested by Beyond Next Ventures and Genesia Ventures. This has increased its accumulated investment to JPY 240M till date. Headquartered in Singapore, Umami United develops plant-based egg replacer that replicates both sensory attributes, as well as functionalities of eggs. Utilizing uniquely…

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ICL and Agrematch to Develop Novel Crop Nutrition Solutions via AI

ICL Group (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, recently announced its agriFood innovation and investment platform, ICL Planet Startup Hub, has led an investment round in Agrematch, an artificial intelligence (AI) agriTech startup. The two companies agreed to launch a joint, multiyear program to use Agrematch’s AI system for the discovery…

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Foodtech startup Verdify launches Noory: a groundbreaking tool for tailoring food intake to personal needs

Verdify, a Dutch company developing AI applications for healthcare and the food sector, has announced the official launch of their digital nutrition guide ‘Noory’. This groundbreaking solution enables people to tailor their daily meals to their personal health needs. Noory is specifically designed for people with food allergies, digestive issues, and weight management goals. The platform offers…

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CellRev sign JDA with Saint-Gobain Life Sciences to develop a ground-breaking media rejuvenation process

CellRev, the bioprocessing company revolutionising adherent cell cultivation, has signed a joint development agreement (JDA) with Saint-Gobain Life Sciences to develop a pioneering process for media rejuvenation. The JDA which utilises the bioprocessing expertise of CellRev and the filtration know-how of Saint-Gobain Life Sciences (SGLS), will initiate development of a solution that can remove toxins and replenish…

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Empire State Development announces finalists for round five of $3 million Grow-NY global food and agriculture business competition

Empire State Development (ESD) and Cornell University’s Center for Regional Economic Advancement (CREA) recently announced the 20 finalists selected to take part in year five of Grow-NY, a food and agriculture business competition focused on enhancing the emerging food, beverage, and agriculture innovation cluster in upstate New York. The competition is funded through New York…

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The nine key digital solutions in the agriculture sector

Transforma Insights’ recent report, ‘Digital Transformation (DX) in the Agriculture sector’ (Author: Suruchi Dhingra, Research Manager, and Joydeep Bhattacharyya, Content Editor, Transforma Insights) identified nine key domains of change in the agriculture sector that are enabled by disruptive technologies such as Artificial Intelligence and the Internet of Things. In this article we examine each of…

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Brevel completes an $18.5m seed financing round, bringing to market the most sustainable protein on the planet

Brevel, the leading microalgae-based alternative protein company, announced recently it has completed its seed funding round of $18.5m. The funds raised will be used to provide an alternative protein that is neutral-tasting, functional, highly sustainable and affordable to the mainstream food industry. The round was led by NevaTeam Partners and supported by the European Union’s…

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ansā coffee secures $9m in funding to boost market penetration

CoffeeTech startup ansā Roasting Inc. announces it has secured a total of USD 9M funding. Leading this fruitful round is Jibe Ventures, a Tel Aviv based early-stage fund. Additional participants include Closed Loop Ventures, New Climate Ventures, Millennium Food-tech, and Sweetwood. The new capital fast-tracks full commercial roll-out of ansā’s hi-tech coffee micro-roaster across North…

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Nitrofix raises $3.1 million to produce cost-competitive, green ammonia for agriculture, hydrogen and maritime fuel markets

Nitrofix, a zero-emission ammonia producer pioneering a novel electrochemical process, announced $3.1 million in seed financing to accelerate the production of green ammonia from just water and air for the agriculture, hydrogen and maritime fuel markets. The round was led by Clean Energy Ventures with participation from SOSV, Zero Carbon Capital, UM6P Ventures and High…

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Microalgae innovator introduces nutritionally dense plant-based chicken nuggets

Spirulina food-tech innovator, SimpliiGood by AlgaeCore Technologies Ltd., unveils a breaded chicken cutlet analog composed primarily of the nutritious microalgae spirulina. The plant-based version of a breaded cut of chicken not only takes on the appearance, flavor, and structure of real chicken breast but also possesses a naturally dense nutritional profile that could outpace that…

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SVG Ventures | THRIVE and NEC X Partner to Incubate Novel Solutions in Agrifood

SVG Ventures|THRIVE and NEC X, NEC Corporation’s Silicon Valley innovation hub and venture studio, recently announced that they have partnered to build bridges between agtech entrepreneurial ecosystems and NEC X venture-building capabilities. They will collaboratively identify opportunities for new ventures in agriculture and fast-track acceleration of resulting ventures from NEC X. The organizations will join…

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cultYvate launches Alternate Wet and Dry (AWD) technology to support sustainable agriculture

Farms2Fork Technologies Pvt. Ltd.’s platform cultYvate provides farm-based precision analytics in irrigation, fertigation, fertiliser utilisation for water-intensive crops like paddy, sugarcane etc. cultYvate has been implementing projects pan India over the last 3 years and has gained valuable insights into the unique challenges faced on the ground. The IoT sensors deployed on farm help to…

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CoffeeTech start-up brings a fresh perspective and a greener outlook to the coffee break

CoffeeTech start-up ansā Roasting Inc., is applying new green technology to redefine the way coffee lovers indulge in their favorite beverage. Its sleek, fully autonomous mini-roaster, designed to elegantly perch on any office countertop, introduces on-demand roasting of raw green coffee beans. ansā’s pioneering initiative offers a more Earth-friendly approach to savoring coffee and promises…

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Plant-based fat matrix boosts baked goods sensory experience

FoodTech start-up Gavan Technologies, Ltd. leverages its no-waste protein extraction platform to deliver FaTRIX™, a leading-edge alternative fat solution. FaTRIX offers a series of high-performance, protein-based fat substitutes that serve as excellent alternatives to butter and other commonly used fats in a variety of bakery products. The patented, plant-based fat-protein matrix is designed to replicate…

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Chewing Gum May Be a Sweet Victory for Weight Loss

FoodTech start-up Sweet Victory, Ltd.’s botanical chewing gum designed to curb sugar-cravings demonstrates the potential to support weight loss. The results of a consumer study revealed that more than 80% of the participants reported that they had cut down on their intake of sweets, and that it helped result in measurable weight loss in 9…

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“Food is climate; Food is health”: AgFunder GROW Impact Accelerator reveals startups in fourth cohort

GROW, the agrifoodtech ecosystem catalyst, has unveiled the latest cohort for the fourth annual AgFunder GROW Impact Accelerator. The handpicked cohort reflects the increasingly crucial interconnections between food, planetary health, smallholder financial inclusion, and climate. These 10 selected startups, who were picked from a competitive applicant pool of over 600 applications hailing from 82 countries,…

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EXOSOMM looks to the benefits of mother’s milk to bring new bioactive ingredient for medical food space

BioFoodTech start-up EXOSOMM, Ltd., has explored the natural mechanisms inherent in human breastmilk to create a novel bioactive ingredient that can potentially support millions of adults with inflammatory disorders. Based on its scientific findings, EXOSOMM developed an innovative technology that isolates exosomes—natural particles in maternal milk that play an important role in the healthy development…

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ROTH MKM’s agribusiness investment banking group sees success with the closing of three M&A sellside transactions

ROTH MKM (“Roth”), a relationship-driven investment bank focused on serving growth companies and their investors, is pleased to announce that their agribusiness investment banking group has advised on three sellside transactions in the past nine months. The transactions included business models in the areas of cover crops, gene editing, biologicals, bio stimulants, and alternative fertilizers, and demonstrate…

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AI Assessment closes in on grain quality

South Australian AgTech company GoMicro has just released an AI powered assessment app that empowers Australian farmers to determine the quality of their grains – using their phones. South Australia’s bumper crop this harvest – created a problem. Fully loaded grain trucks formed long lines at receiving sites as they waited for thousands of grain…

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Better Juice and GEA report successful pilot trials on clear juices, concentrates for leading fruit juice producers

FoodTech start-up Better Juice, Ltd. announces its highly successful completion of a series of pilot trials for reducing simple sugars in natural berry and other fruit juices. In partnership with GEA Group, one of the largest suppliers for food processing technology, Better Juice hosted several prominent forest fruit juice manufacturers from the EU, the U.…

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Agreena raises €46M to scale the regenerative revolution

Climate and fintech company Agreena, whose soil carbon platform is one of the largest globally, today announced its Series B raise of €46M. Led by Germany’s leading multi-stage investor HV Capital, the round has an exciting composition of new investors including impact fund AENU and fintech-focused Anthemis. The equity raise is also supported by a doubling-down…

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ChickP’s chickpea isolate emerges as stellar performer in creation of traditional fermented plant-based cheeses

ChickP Protein, Ltd.’s patented chickpea isolate demonstrates its capacity to act as an exceptional plant-based protein alternative for cheese analogs. The foodtech start-up has created prototypes of chickpea-powered cream cheese and firm cheddar cheese. The new innovations match real dairy cheese in appearance, flavor, and are highly nutritious. ChickP’s breakthrough formulations will be instrumental in…

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Agmatix partners with NASA Harvest to support the uptake of sustainable agricultural practices

Agmatix, a start-up AgTech business specializing in turning agronomic big data into powerful models and insights, today announces a partnership with NASA Harvest – NASA’s global Food Security and Agriculture Consortium – to support crop production in a sustainable way at the field level and mitigate the impact of climate change. A combination of ground…

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ProfilePrint inks commercial contracts with three of Brazil’s top food companies

ProfilePrint, a Singapore-based company that provides A.I. driven solutions to ascertain and predict the quality and profile of food ingredients, officially announced the signing of commercial contracts to deploy the ProfilePrint technology with three of Brazil’s largest food companies – Louis Dreyfus Company Brasil, Olam Agrícola Ltda (Brazil) and Sucafina Brasil. Latin America is responsible…

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GoodLeaf Farms and Unfold partner to develop premium quality leafy greens

Unfold, an industry-leading seed and digital solutions company advancing the vertical farming industry, and GoodLeaf Farms, Canada’s largest commercial vertical farm, announced their partnership to commercialize premium lines of vertically-farmed spinach and other leafy greens through Unfold’s Innovation Partner Program. Chief Executive Officers of both companies will discuss the partnership on February 28, 2023 in a…

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Vgarden joins with Tiv Taam to advance its vegan deli meats

Leading foodTech developer of plant-based alternatives Vgarden, Ltd. announces the global launch of its vegan line of deli meats to be jointly manufactured with the major Israel-based supermarket chain and meat delicatessen producer, Tiv Taam (TASE: TTAM). This collaboration will be instrumental in boosting Vgarden’s production capacity to accommodate its global commercialization activities as it…

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