Categories
FoodTech Webinar

Expert Talk: How Foodtech is Disrupting Through Sustainable Meat Alternatives

By 2040, more than 60% of the global meat consumption will be lead by alternative meats. That’s a market value of 1,000 billion USD. Are you ready to lead the change within the industry? Come join a special panel on Wed, 08.07.2020, 6PM CEST sponsored by Stryber, an independent corporate venture builder based in Munich, London, Zurich, and Kiev. The webinar will primarily focus on

  1. Industry outlook from successful founders, investors and industry experts
  2. About building a million-USD funded startups and the first lab-grown hamburger
  3. Future market and investment trends

Who is the webinar for?

  1. For corporations & innovators: Do you work in a corporate group or are you involved in innovation in the F&B sector? Gain insights into the meat replacement industry and hear how to innovate successfully.
  2. For founders & entrepreneurs: You already started a meat alternative startup or have an idea? Learn from our experts on how they have mastered the problems you are also struggling with.
  3. For the curious & inquisitive: Are you curious about meat alternatives and the most disruptive innovations? Get insights from real industry insiders: how they think, act and became successful.

You can register for the webinar by submitting your information on the link below.

The panel and discussion will address questions including:

  1. What are the most disrupting trends in the meat industry?
  2. How will the future of meat look like?
  3. Are consumers ready for lab-made meat?

The Speakers:

Ross Mackay, CEO & Co-Founder, Daring Foods: Ross is a Scottish serial entrepreneur now living in the US. He is the Co-Founder and CEO of daring, a plant-based chicken startup that just closed a second round of investment after their first round of $10m USD. Ross is reimagining chicken with the mission to offer a healthier, tastier and more environmentally cautious alternative to meat that is creating a new vegan food experience which is inclusive for all.

Frea Mehta, Biophysics PhD, LMU: Frea is an experimental biophysics researcher at the LMU Munich. She has firsthand experience in the field of cultured meat research as a Fulbright scholar in the lab of Dr. Mark Post at Maastricht University, where the world’s first lab-grown hamburger was born. She is an active science communicator on the topic of cultured meat and biotechnology solutions in food and agriculture.

Garan Goodman, Associate Partner, Stryber: Garan is a Partner at Stryber aiming to strategically accelerate corporate’s innovation efforts. He previously was the Managing Director of the METRO Target Retail Program for 8 late stage retail startups and Managing Director of the Telefonica startup program Wayra Deutschland GmbH where he oversaw the investment and acceleration activity of 35 companies including the last mile delivery giant Foodora.

David Blake Walker, CEO & Founder, BOONIAN: David is an Interior Architekt, Entrepreneur and all around Creative from the U.S currently residing in Munich. He graduated from Kansas State University with a BFA in Interior Architecture. The day after graduation he packed his drum set in his pick-up and hit the road for New York City where he worked for Richard Meier which subsequently brought him to Munich. Since then he has developed a reputation for his creativity and gastronomy projects.

Categories
Food Security Research

Entries for the 2021 Olam Prize for Innovation in Food Security are now open

Olam International, in partnership with Agropolis Fondation, is targeting ground-breaking scientific research that can deliver transformational impacts within global agriculture. Entries for the 2021 Prize are now open and the winner will receive an unrestricted US$75,000 grant for the scaling up of proven research.

Applications are welcomed from academic or research institutions, civil societies and the private sector, and can focus on any region, environment, crop or part of the agricultural supply chain. Olam Prize for Innovation in Food Security requires clear evidence of potential short-term impact on food availability, affordability, adequacy, and accessibility.

“At a time when the world faces a potential rise in food insecurity from the coronavirus crisis, with vulnerable parts of the developing world, particularly in Africa, most at risk, the new scientific insights and techniques being developed by research teams around the world are more significant than ever. The Olam Prize aims to support breakthrough innovations so that together we can re-imagine agriculture for greater food security.”

Sunny Verghese, Co-Founder and Group CEO at Olam 

The 2019 Prize was awarded to a pioneering landscape mapping that’s re-imagining subsistence farming in Ethiopia, co-ordinated by Dr Tomaso Ceccarelli of Wageningen Environmental Research and Dr Elias Eyasu Fantahun of Addis Ababa University. Innovation Mapping for Food Security (IM4FS)ii, is supporting Ethiopia’s REALISE programme to give smallholder farmers a ‘best fit’ for what to grow, where and how, with the goal of improving productivity in food insecure areas.

The 2017 Prize went to Durum wheat breeder Dr Filippo Bassi of ICARDA for his development of a strain of heat-tolerant wheat, able to withstand the 40°C temperatures of sub-Saharan Africa. Since receipt of the Prize funding, the new varieties have been well established in Senegal and Mauritania and successfully cultivated for the first time in Benin, Togo, Ivory Coast, Ghana, and the Republic of the Gambia.

The deadline for application submissions is 23:59 CET (France) 11th January 2021. Applications received before 30 November 2020 will be considered for publicity opportunities on Olam’s corporate channels.

Applications for the program can be filled up at Olam Food Prize.

Categories
AgTech FoodTech

ESG set aside over S$55 million to develop a vibrant agri-food tech ecosystem

Enterprise Singapore (ESG) has set aside over S$55 million to accelerate the growth of promising local agriculture and aquaculture companies. ESG’s ongoing efforts will catalyse innovation and scalable solutions to meet evolving needs. ESG has put in place various initiatives to support the growth of the agri-food tech startup ecosystem and drive deep tech commercialisation.

Modern technology in agriculture and aquaculture has enabled the development of climate-resilient, resource-efficient and high-yield farming solutions, offering opportunities for food producers to ‘grow more with less’ in densely built-up environments. ESG has been supporting local food producers in their development and adoption of these technologies.

“There is an urgency for our agriculture and aquaculture companies to leverage agri-food technologies to address the growing demand locally, as well as globally. We will also continue to support agri-food tech startups and the use of disruptive innovation to future-proof food production in Asia. This will not only contribute towards national food resilience, but further strengthen their global competitiveness.” 

Mr Ted Tan, Deputy CEO, Enterprise Singapore

ESG has anchored six global agri-food tech and life sciences accelerators in the past year under the Startup SG Accelerator programme – Big Idea Ventures, GROW, Hatch Blue, The Yield Lab, Trendlines Agrifood Innovation Centre and Temasek Life Sciences Accelerator – to nurture and mentor agri-food tech startups in fundraising, product development, commercialisation and internationalisation. These six accelerators are expected to groom over 150 agri-food tech startups over the next three years.

ESG is working with innovative aquaculture and agriculture companies, like:

  1. Singapore Aquaculture Technologies (SAT) is a sustainable aquaculture nutrition & healthcare company based in Singapore. It complement natural processes from the ocean, sun, micro-algae and aquaculture, with technology to create scalable solutions. It currently runs a smart floating fish farm incorporating Internet of Things (IoT) and artificial intelligence to control processes and optimise resource inputs, such as feed, energy and oxygen. 
  2. Sustenir Agriculture produces seasonal crops all year round through Controlled Environment Agriculture. A passion for nutrition and the environment runs through the Sustenir team. The company uses 95% less water than traditional farming and by growing locally, it reduces carbon emissions for a happier healthier earth.

Beyond growing enterprises, ESG will continue their efforts to build trust in Singapore products and services through quality and standards, as well as establish Singapore as a leading startup and trading hub.

Read more at SG Press Centre

Categories
Agriculture Policy

Bounce back plan for food and agriculture industry launched in UK

The measures introduced today will support producers, manufacturers and agri-tech companies across the food supply chain, from farm to fork. The new strategic interventions jointly announced by the Department for International Trade (DIT) and Department for Environment, Food and Rural Affairs (Defra) will offer immediate support to help businesses in the industry grow their trade activity overseas.

The agriculture, food and drink industry is the UK’s largest manufacturing industry and plays a vital role in the UK’s food supply chain, which contributed £121 billion to the UK economy in 2018 – supporting around 4 million jobs. In 2019, UK food, feed and drink exports were worth £23.7bn – up 4.9% from 2018.

The full range of measures announced today include:

  1. Launch of a GREAT DIT Food & Drink Exporting Masterclass, an extensive and bespoke programme of webinars to be produced in conjunction with trade associations, UK regions, including Devolved Administrations, and DIT’s international network, all supported by DIT’s Export Specialists.
  2. Launch of Food & Drink SME E-commerce Accelerator Pilot to leverage DIT’s E-exporting Programme to increase the level of international e-commerce support for food and drink SMEs, including agri-tech. This will include the offer of one-to-one e-commerce export clinics with the programme’s e-commerce specialists and regional advisers, a new series of industry webinars and podcasts focussed on highlighting the opportunities available to export through e-marketplaces internationally, as well as virtual workshops on internationalising their websites for those companies selling direct to consumers in various markets around the world.
  3. Promote 50 Food and Drink Export Champions to stimulate aspiring exporters, while utilising International Trade Advisor specialist networks focused on agri-food.
  4. Announce the first Defra Agri-food Counsellor serving the UAE and wider Gulf Region, with the role focussing on supporting our food and drink sector and representing the interests of UK businesses already exporting to the area, as well as those looking to export for the first time. The new Defra-funded Regional Agri-Food Counsellor will be based in Dubai and will work alongside DIT’s existing sector leads in the UAE, providing specialist knowledge and engagement in Government to Government discussions on behalf of UK interests and sectors. She will also support food and drink promotion activity at the UK pavilion at World Expo in 2021, identifying opportunities for new markets and further developing existing export relationships.
  5. Launch of a programme of physical and virtual events, using innovative, interactive software to connect buyers, promote the UK and reach international markets. This will include: an overseas virtual buyer trial working directly with chosen US buyers through a virtual delivery programme; and developing a UK ‘Smart Distance Selling Process’, which includes the dispatch of food and drink samples to buyers.
  6. Leveraging Defra’s Food is GREAT campaign, which will extend into the UAE and the EU later this year, to provide impactful and targeted activity in priority export markets, such as USA, China and Japan. This also will be complemented by new agri-food creative imagery within DIT’s GREAT Ready to Trade campaign when this resumes in the summer, under the Food is GREAT and Invest in GREAT pillars.
  7. Two Virtual Investor Roundtables chaired by Lord Grimstone, Minister for Investment, with agri-food and drink, and agri-tech companies to inform the development of the UK’s investment strategy, the UK Agri-Tech International Strategy and the launch of Phase 2 of the High Potential Opportunity Programme.
  8. Uplift of UK Export Finance’s “Exporters’ Edge” campaign to further outreach and engagement to identify and respond to the needs of the industry and raise awareness of how UKEF and Trade Finance can help the businesses win and fulfil export contracts. UKEF is also accelerating the development of its products to allow a wider range of UK exporters to access its support. Its enhanced offer will provide easier access to working capital for UK exporters by offering financing that is not tied to specific export contracts but instead supports general business activities.

Read more at GOV.UK

Categories
Food Security Regenerative Agriculture

Soil scientist Dr. Rattan Lal has been selected as this year’s World Food Prize Laureate

Eminent Indian-American soil scientist Dr. Rattan Lal has been selected as this year’s World Food Prize Laureate and will receive a $250,000 award for his work in promoting soils for sustainable development. Dr Lal, 75, is named as the 2020 World Food Prize Laureate for developing and mainstreaming a soil-centric approach to increasing food production that conserves natural resources and mitigates climate change.

He is helping millions of small farmers around the world with his work on increasing food production and recycling of nutrients.

US Secretary of State, Mike Pompeo

Dr. Lal spent 18 years at CGIAR Research Center in Africa, International Institute of Tropical Agriculture (IITA), where he spearheaded research demonstrating that soil organic matter and carbon are crucial to sustaining and enhancing the quantity and quality of food production. He transformed and innovated techniques such as no-tillage, cover cropping, mulching and agroforestry, which contributed to protecting soil from the elements, conserving water, and returning nutrients, carbon and organic matter to the soil.

Soils of the world must be part of any agenda to address climate change, as well as food and water security. I think there is now a general awareness of soil carbon, an awareness that soil isn’t just a medium for plant growth.

Dr. Rattan Lal, 2020 World Food Prize Laureate 

A faculty member at Ohio State for 33 years, Lal was recognized for his contributions to the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize with former U.S. Vice President Al Gore. In 2019, Lal became the first soil scientist and the first person at Ohio State to receive the Japan Prize. A year before, he received the 2018 World Agriculture Prize and the 2018 Glinka World Soil Prize.

“Every year we are astounded by the quality of nominations for the Prize, but Dr. Lal’s stellar work on management and conservation of agriculture’s most cherished natural resource, the soil, set him apart.”

Gebisa Ejeta, chair of the World Food Prize Selection Committee

Beginning in the 1970s with his research in West Africa, Lal has discovered ways to reduce deforestation, control soil erosion, and enrich soil by managing a critical element in the soil: organic carbon. His research has provided the scientific foundation to show that soil can not only solve the global challenge of food insecurity but also global warming.

Lal’s models indicate that restoring soil health can lead to multiple benefits by the year 2100, including more than doubling the global annual grain yield to feed the growing world population, while decreasing the land area under grain cultivation by 30 percent and decreasing total fertilizer use by half. Making this a reality will enormously benefit farmers, food consumers and the environment.

Read more at The World Food Prize Foundation

Categories
AgTech Investments

UK based agtech firm secures £750,000 equity investment

Agtech venture Agxio has secured a £750,000 equity to support its ambitious growth plans. The £750,000 equity investment comes from a mix of existing investors and the Development Bank of Wales alongside match funding from new professional investors.

“We are delighted to be working with the Development Bank of Wales who were always our preferred key strategic partner for the company and our plans in Wales. Wales is a world leader in both farming and technology. We aim to bridge both of those skills to create innovation in the food supply chain both domestically and internationally.”

Agxio chief executive and co-founder, Dr Stephen Christie

Backed by a world-class team of data scientists, engineers, domain specialists, technologists and commercial entrepreneurs, Agxio manages two flagship platforms: Apollo & Centaur.

  • Apollo operates beyond-human-scale performance, enabling the robotic platform to evaluate critical data to produce predictive models to solve real world problems. It then optimises these to look for patterns or configurations of parameters that human modellers may not even consider or have the patience to develop.
  • Agxio’s Centaur incorporate artificial intelligence and the latest advances in data and agricultural science to encode and enable industry best practice for all practitioners within agriculture. Innovation, driven by forward thinking and rigorous, scientifically principled activity connects all producers and suppliers in one ecosystem.

Life sciences, biotech and agricultural industries have been dramatically transformed through the availability of large volumes of data through IoT innovation and advances in technologies. Through the use of Artificial Intelligence, Data Science and Digital Innovation, we deliver actionable insights into these industries. We automate the data scientist and enable use cases in any complex data rich environment to deliver optimised machine learning solutions.

Agxio Industry Focus

The development bank’s equity investment from the Wales Technology Seed Fund will give them the potential to harvest the vast benefits that machine learning and data science can bring.

Read more at BusinessLive

Categories
AgTech FoodTech

AgriFood Category Definitions

  1. Ag Biotechnology: On-farm inputs for crop & animal ag including genetics, microbiome, breeding, animal health.
  2. Agribusiness Marketplaces: Commodities trading platforms, online input procurement, equipment leasing.
  3. Bioenergy & Biomaterials: Non-food extraction & processing, feedstock technology, cannabis pharmaceuticals.
  4. Farm Management Software, Sensing & IoT: Ag data capturing devices, decision support software, big data analytics
  5. Farm Robotics, Mechanization & Equipment: On-farm machinery, automation, drone manufacturers, grow equipment.
  6. Midstream Technologies: Food safety & traceability tech, logistics & transport, processing tech.
  7. Novel Farming Systems: Indoor farms, aquaculture, insect, & algae production.
  8. Innovative Food: Cultured meat, novel ingredients, plant-based proteins.
  9. In-Store Retail & Restaurant Tech: Shelf-stacking robots, 3D food printers, POS systems, food waste monitoring IoT.
  10. Restaurant Marketplaces: Online tech platforms delivering food from a wide range of vendors.
  11. eGrocery: Online stores and marketplaces for sale & delivery of processed & un-processed ag products to consumer.
  12. Home & Cooking Tech: Smart kitchen appliances, nutrition technologies, food testing devices.
  13. Online Restaurants & Meal Kits: Startups offering culinary meals and sending pre-portioned ingredients to cook at home.
  14. Cloud Retail Infrastructure: On-demand enabling tech, ghost kitchens, last mile delivery robots & services
  15. Miscellaneous eg. fintech for farmers

Source: AgFunder AgriFood Funding Report