Categories
AgTech AI Startups Sustainability

NEC X reveals Elev X! Ignite cohort batch 12: seven startups transforming AI, sustainability and software quality assurance

NEC X, the Silicon Valley venture studio backed by NEC’s advanced technologies, has revealed the seven new standout startups selected for the Elev X! Ignite cohort, Batch 12. Since 2018, NEC X has helped fuel the launch and growth of over 130 innovative tech startups, transforming their visionary ideas into scalable successes. The latest ventures […]

Categories
FoodTech Nutrition Plant-based Foods

New yeast-based texturizer holds eggless answer for gluten-free products

FoodTech pioneer revyve, B.V. launches its next-generation gluten-free ingredient line made from baker’s yeast. The new egg replacer delivers excellent texturizing functionalities and is fully neutral in flavor and color. This launch will accelerate revyve’s expansion into new food categories, fulfilling demands for clean-label, sustainable texturizing ingredients to replace eggs, especially in gluten-free products. Being […]

Categories
Agriculture AgTech Sustainability

Big names team up to turn air pollution into fertiliser

Half of the fertiliser used on UK wheat crops could be removed, without yield or quality penalties, if a unique combination of nitrogen-capturing technologies is successful in trials. Under the Farming Innovation Programme, Defra has funded a £1m project to investigate the potential to create a foliar photocatalyst-and-endophyte prototype that can help cereal and oilseed […]

Categories
AgTech BioTech Events FoodTech Startups

Empire State Development announces finalists for round six of annual $3 million Grow-NY global business competition

Empire State Development (ESD) and Cornell University’s Center for Regional Economic Advancement (CREA) today announced the 20 finalists selected to take part in year six of Grow-NY, a business competition focused on enhancing the emerging food, beverage, and agriculture innovation cluster in upstate New York. Winning companies will be required to make a positive economic […]

Categories
AgTech AI Precision Agriculture Startups

NEC X invests in AgTech startup VERDI, integrates AI-powered platform with NEC’S CropScope smart farming initiative

NEC X, the Silicon Valley innovation accelerator backed by NEC’s portfolio of advanced technologies, recently announced a new investment in Verdi Expeditions Inc., the world’s first scalable platform for farm automation and personalized plant healthcare. Alongside its strategic investment, NEC X will collaborate with Verdi to enhance its technology and geographic reach while augmenting NEC’s CropScope initiative. This […]

Categories
FoodTech Fund Raise Plant-based Foods

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 […]

Categories
FoodTech Fund Raise Protein

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 […]

Categories
FoodTech Fund Raise Startups

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 […]

Categories
AgTech FoodTech Fund Raise Sustainability

FLORA Ventures launches $80m fund backed by top tier investors to invest in sustainable agrifood tech start-ups

FLORA Ventures™ announces the launch of its $80M fund, and its first closing with commitments of $50M, making it the largest Israeli-based AgriFood VC. And, according to IVC data, it is the largest Israeli new VC fund to have completed a first closing during 2023 across all tech investment verticals. FLORA Ventures invests in early-stage […]

Categories
AgTech FoodTech

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 […]