This week, funding rounds went to Germany-based climate technology startup Root Global, high-protein food maker David and a handful of other food and agriculture companies.
Elsewhere, insect protein producer Innovafeed launched some high-profile partnerships in the pet food industry, a new plant-based meat brand emerged in Europe and Regrow Ag announced sad layoffs.
Foodtech and Agtech financing
π©πͺ David raises $10 million in seed funding to support science-based nutrition Food production
π©πͺ De Novo Foodlabs funding accelerates alternative lactoferrin product News from the food industry
π©πͺ German Root Global secures β¬8 million for its climate change management solution Vest Bee
πΈπ¬ DiMuto secures $5.9 million to improve traceability of the global agri-food chain Agtech Navigator
π§π· Fresh from a new round of financing, precision ag startup BemAgro wants to optimize forest management with AI AgFunderNews
M&A, IPOs & Partnerships
π©πͺ FBN and ADM launch new company to connect grain buyers with more regeneratively grown products AgFunderNews
π«π· Innovafeed launches co-branding partnership with Jiminy’s, Arch Pet food industry
π¬π§ British plant protein producer The Tofoo Co acquired by private equity firm Comitis Capital Green Queen
πΊπΈ Big Idea Ventures partners with key industry players to launch next-generation pet food innovation program Vegconomist
Funds, grants and accelerators
π»π³ Vietnam’s Mekong establishes $200 million fund for soil regeneration Agricultural investor
πΊπΈ Empire State Development Announces Selected Finalists for Sixth Round of Annual $3 Million Grow-NY Global Business Competition Empire State Development
π©πͺ NASA awards $1.25 million to three teams in Deep Space Food finals Vertical Farm daily
Personnel changes
π¦πΊ FarmTogether crosses $200 million in assets under management and announces new CEO to lead future expansion FarmTogether
π¨π Ecorobotix appoints Cameron Holbrook as CEO for North America Global Agtech Initiative
Other news
πͺπΈ Beanstalk Foods launches to expand plant-based meat offerings in the European market The plant base
π¨π¦ Canada’s rail network is paralyzed: This is what it means for agriculture Agriculture Dive
π³π΄ Norway is the latest country to recommend a predominantly plant-based diet in its new dietary guidelines Vegconomist
π©πͺ Layoffs at Regrow Ag Regrow Ag LinkedIn