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Food Processing FoodTech Fund Raise

Mondelēz made seed investment in developer of multi-ingredients snacks

SnackFutures, Mondelēz International’s innovation and venture programme has recently made a seed investment in Torr, an early-stage Israeli FoodTech Company, alongside The Kitchen Hub, a FoodTech incubator powered by Strauss-Group. Torr dreams, develops and produces snacks that serve a unique, tasty and much healthier bite. “Our investment in Torr validates Mondelēz International’s venture approach that […]

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AgTech AI FoodTech Nutrition

Verdify raised seed funding to create AI-powered platform for personalized nutrition

Verdify, a Dutch foodtech company, has raised €750.000 seed funding to create first AI-powered platform for personalized nutrition. AI-investment company Genzai and two private investors participated in the funding round. “Food is the biggest market in the world and personalized nutrition is one of the key themes in this market. We are excited to build […]

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FoodTech Fund Raise Plant-based Foods

Plant-based food maker Laird Superfood has closed its IPO

Laird Superfood (NYSE: LSF), a maker of plant-based superfood products, has closed its initial public offering of 3,047,500 shares of its common stock. The shares were sold at the public offering price of $22 per share, resulting in the gross proceeds for Laird Superfood of approximately $67 million. Laird Superfood® began with a cup of […]

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AgTech FoodTech

Hedera Hashgraph has teamed up with Australian agri supply chain platform Entrust

Australian agricultural supply chain platform, Entrust, has announced that it will operate on Hedera Hashgraph. Entrust was co-founded by Jeffrey Grosset of Grosset Wines in part through AU$150,000 ($108,000) in backing from the Australian government. The beta platform is currently being tested by more than a dozen companies in the Clare Valley wine region of […]

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AgTech FoodTech Startups

9 European startups reshaping the Food Industry

StartLife, a Dutch AgTech and FoodTech accelerator, has selected nine European startups for the Fall 2020 cohort. StartLife Accelerate is the #1 program in The Netherlands supporting Food & Agtech startups to validate customer segments, raise funding and access leading corporates and investors in the industry. The best trainers, entrepreneurs, and Wageningen University & Research […]

Categories
AgTech Fund Raise

Aeroponics startup Aerospring Gardens has raised S$1 million in a pre-Series A round

Aerospring Gardens Pte Ltd, an aeroponics startup based out of Singapore raised S$1 million in a pre-Series A round from Sirius Venture Capital, a boutique venture capital and entrepreneurial finance firm. The Aerospring is a compact, modular, self-watering vertical gardening system that looks good in any urban dwelling. It grows 27-36 edible plants on one […]

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AgTech Food Security

Vision to make the UAE a global AgTech hub

The AgriTech Sector Development Team – a team comprising public and private-sector stakeholders from the UAE’s growing agricultural technology sector – convened for a workshop to explore proposed interventions to promote the adoption of technology in agricultural sub-sectors, with the objective of ensuring food security for current and future generations in the UAE. The team […]

Categories
BioTech FoodTech Protein Sustainability

Creating green protein with no plants

Mycorena AB, a food tech company located in Göteborg, Sweden, created one of the most innovative and sustainable vegan protein for food, using a proprietary fungi-based process. The research work carried out in Sweden by Mycorena’s founder and CEO Dr. Ramkumar’s Nair, formed the basis of the concept of creating Mycorena’s unique fungi-based protein – […]

Categories
Agriculture AgTech Fund Raise Precision Agriculture

Agritech company MagGrow raises €6m for crop-spraying technology

Irish agritech company MagGrow raises €6m for crop-spraying tech in Series A round of funding led by Astanor Ventures. It brings the total fund raised for the Agritech startup to €18 million. MagGrow uses magnetic technology to spray crops more precisely, producing higher crop yields, and reducing water and pesticide use. Farmers using the system […]

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FoodTech

Blockchain-based wine traceability platform

Tech giant Tencent has revealed its plan for creating a blockchain-based wine traceability platform in collaboration with Changyu, China’s biggest and oldest wine producer. It is said to be a nationwide first for the country’s domestic wine industry. Changyu Pioneer Wine Co. Inc., located in Yantai, Shandong, is China’s oldest and largest winery. It was […]