The Government of Canada announced the financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg, Manitoba. Merit Functional Foods will construct a commercial-scale protein extraction facility that will produce plant proteins superior in solubility, flavour and purity. This plant, scheduled to be fully operational in December 2020 will create […]
Tag: FoodTech
The question, “What happens if one day a person cannot eat?” was lingering in the minds of Directors, Yiru Shen and Jeannie Ong, when they started a specialised FoodTech startup, SilverConnect. The company was founded in 2017 with the intent to enhance nourishment for the elderly and relieve their caregivers from the daily burden of […]
An artificial breast milk company, based in Durham, North Carolina, has received $3.5 (£2.8) million from Breakthough Energy Ventures, an investment fund co-founded by Bill Gates. Biomilq was co-founded by Leila Strickland PhD, an accomplished cell biologist, and Michelle Egger MBA, an experienced food scientist. The company is on a mission to provide the next […]
Given the urgent need for change in the global food market, there has never been such a demand for locally grown, fresh, organic food. Local production helps mitigate reliance on imports and serves as a buffer during supply disruptions to import sources, which contributes to the food security. It not only stimulates the local economy, […]
Australia’s national science agency the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and agtech company Goanna Ag have announced a partnership that will see sensors and analytics combined to maximise every drop of irrigation water used to grow crops. Under the partnership, Goanna Ag will incorporate WaterWise, a CSIRO-developed technology, into its existing GoField irrigation […]
Mi Terro, a Los Angeles-based startup, that upcycles waste produced in the dairy industry by creating sustainable fabrics, is in talks with leading dairy companies in China over strategic partnerships. It is estimated that 128 million tons of dairy products are dumped every year globally. Mi Terro intends to launch in China on June 18 […]
CoLaboratory Chicago, a co-working space created exclusively for those who work in the Food and Beverage Industry announces its opening in the West Loop, the center of the city’s dining scene. The work space designed exclusively for Food and Beverage companies is the perfect space to engage clients. It provides an innovative ecosystem with an […]
Cambridge Crops, Inc. a food tech company based in Somerville, Massachusetts develops an edible, imperceptible coating that might replace plastic packaging to preserve meats and produce. Benedetto Marelli, assistant professor of civil and environmental engineering at MIT, was a postdoc at Tufts University’s Omenetto Lab when he stumbled upon a novel use for silk. Marelli […]
In its efforts to bolster the India’s startup ecosystem, Microsoft announced the launch of the program, “The Microsoft for Agritech Startups” on June 3, 2020. The program is intended to help startups build industry-specific solutions, scale, and grow with access to deep technology, business, and marketing resources. This program offers the best-in-class tech and business […]
Veganuary Co-Founder, Matthew Glover, launches new vegan investment fund, ‘Veg Capital’ – with all profits to go to charity! Veg Capital will provide Angel, Seed and Series A funding, with investments typically ranging from £50,000 to £250,000 to companies striving to replace the use of animals in the food system. The fund’s focus will be […]
As agriculture becomes increasingly digital and mobile via increasing use of consumer devices (smartphones, tablets, etc.), it is important to understand how data is being collected, interpreted, and utilized. Moreover, data sharing is going to be fundamental to deriving value from data analytics in agriculture. The absence of legal and regulatory frameworks around the collection, […]
Arieli Capital has signed a cooperation agreement with Ramat Negev Regional Council and Ramat Negev Industries, for the establishment of an agri-tech innovation center, within the jurisdiction of the regional council in southern Israel. The objective of the innovation centre is to expand the economic potential of the region’s agricultural sector and the agricultural research […]
Globally we are fast-moving more toward a technologized society as the Covid-19 pandemic has shown in medicine, education and the way we work. Agriculture too is at the forefront of this revolution with a fledgling sector called agtech. Farmers challenged by climate change, labor shortage, water and land supply shortage and the depletion of arable […]
Agriculture and farming is one of the oldest and most important professions in the world. Humanity has come a long way over the millennia in how we farm and grow crops with the introduction of various technologies. By 2050, the planet’s population is likely to rise to 9.7 billion, a rise of 2 billion from […]
The idea of extracting valuable ingredients from waste products and processing by-products is not a new one but new extraction technologies and increasing demand for natural ingredients could open up new avenues for extracting value-added ingredients. Now-a-days, food wastes are considered as a cheap source of valuable components. Exploitation of the entire plant tissue could […]
The winners of Fast Company’s 2020 World Changing Ideas Awards were announced on April 28, 2020, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to flattening the curve when it comes to the climate crisis, social injustice, or economic inequality. Mycocycle, Inc.: Converting Waste Streams into Value Streams has […]
GROW’s Singapore Food Bowl program aims to help regional agri-food tech startups fast track their growth trajectory and commercialise novel technologies specifically relevant to Singapore’s food security agenda. The 12-week virtual accelerator allows for the local ecosystem to make a change together, by forming a cohort of local and regional startups to address the challenges […]
The Yield Technology Solutions (“The Yield”), a leading Australian agricultural technology company, received investment of AUD $11 million, led by Yamaha Motor Ventures. Yamaha Motor Ventures is the strategic business development and investment arm of global technology organisation, Yamaha Motor Co., Ltd. The Yield is developing its proprietary digital application providing microclimate data and predictive […]
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Blockchain for Food and Agriculture
Blockchain is an emerging technology allowing universal transactions among distributed parties, without the need of intermediaries. Blockchain is not a single technology but uses a combination of technologies that have a considerable history in computer science and in commercial applications like public/private key cryptography, cryptographic hash functions, database technologies especially distributed databases, consensus algorithms, and […]
Biotalys NV, a food and crop protection company, announced the results from more than 100 field trials of its innovative biofungicide, BioFun-1, which is on track to launch in the United States in 2022. BioFun-1, an eco-friendly and innovative biofungicide, provides growers with a novel mode of action to address increasing fungicide resistance, with potential […]
MicroGen Biotech has raised $3.8 million (€3.47 million) in a funding round led by a number of top US and European agtech investors. MicroGen Biotech is an Irish biotech startup company founded in 2012 by Dr. Xuemei Germaine and a spin-out of the Institute of Technology Carlow. It utilises patented isolation and high-throughput screening methods […]
Supply lines across the food industry have been impacted by the coronavirus. Shuttered restaurants, university dining halls, workplace food providers, and more have all strained the food supply chain. In particular, the meat industry has suffered the hardest hit. In addition to closures of many of its largest purchasers, COVID-19 outbreaks inside meatpacking facilities have […]
AgTech and FoodTech are on the cusp of next era of productivity and environmental conservation while reducing food waste, improving carbon sequestration, improving water quality, and increasing renewable energy. Below is the glimpse of exceptional companies who are pushing the boundaries of innovation and technology. These 100 innovative AgTech and FoodTech companies are categorised in […]
Americans prefer chilled milk, while Europeans store their milk outside the refrigerator. The difference arises due to different taste/ flavor preferences of consumers and the pasteurization technologies used by dairy industry in these two geographies. Pasteurization, here means, heat-treatment process that destroys pathogenic microorganisms in certain foods and beverages.The treatment also destroys most of the […]
Hotraco Horti completed a large automation project in Egypt covering more than 1200 ha in 2020. It is seen as one of the largest agricultural greenhouse projects in the world. Hotraco Horti supplied complete automation for greenhouse climate and irrigation. The greenhouse project is an initiative of the National Company for Protective Cultivations (NCPC) and […]
