The Week in AgriFoodTech: $3.6bn for Flagship Pioneering, $379m for Kembara, $10m for Cartken’s delivery bots

Cartken delivery bot

While there was a scarcity of financing rounds for agrifoodtech start-ups today, some lots of money was pumped right into nearby rooms.

Kembara’s deeptech and environment fund protected a EUR350 million ($ 379 million) funding shot from the European Investment Fund, while Front runner Pioneering broadened its funding base by an amazing $3.6 billion to sustain 25 innovation business in “human wellness, sustainability, and expert system.”

Cartken delivery bot
Photo credit rating: Cartken

Foodtech & agtech financing

🇺🇸 NovoNutrients raises $18 million Series A round led by Woodside Energy TechCrunch

🇩🇪 Cartken Raises $10M for Its Profitable Delivery Bots Ottomate

🇺🇸 Restaurant SaaS allO secures $5M Technology EU

🇦🇹 🇩🇪 Tree.ly secures €5M Seed for European carbon offset projects Technology EU

🇺🇸 Foray Bioscience Raises $3M to Restore Forests With Plant Cell Culture Tech Vegconomist

🇨🇱 ByBug nets $1.4m for recombinant protein production Technology EU

🇩🇪 Carbon compliance platform kolum raises €2.1M Pre-Seed AgFunderNews

🇫🇷 The VERY Food Co. Closes Funding Round, Bringing Total Capital Raised to Over €1M Vegconomist

Factor[e] prize
Photo credit rating: Variable E Ventures

M&A, IPOs & collaborations

🇮🇳 Umami Bioworks partners with Indian organizations to scale cultured seafood production The Cell Base

Funds, gives & accelerators

🇺🇸 Flagship Pioneering Raises $3.6 Billion to Fuel Breakthrough Innovations that Transform Human Health and Sustainability Front Runner Pioneering

🇪🇺 European Investment Fund puts €350M into Kembara’s deeptech and climate fund Technology EU

🇺🇸 $50,000 Post-Harvest Loss Innovation Prize – Factor[e] Ventures Variable[e] Ventures

🇺🇸 Clean Crop Receives $1.2 Million from the Massachusetts Manufacturing Innovation Initiative  Organization Cord

Individuals actions

🇺🇸 ADM Appoints Monish Patolawala as Executive Vice President and Chief Financial Officer Organization Cord

Moa Technology CEO Dr Virginia Corless in the company's glasshouse research facility in North Yorkshire, England
Moa Innovation Chief Executive Officer Dr Virginia Corless in the business’s glasshouse research study center in North Yorkshire, England. Photo credit rating: Gary Brown

Various other information

🇺🇸 Ahimsa Companies Acquires Good Catch Production Facility from Gathered Foods Vegconomist

🇺🇸 Ray of hope for farmers using DJI ag spray drones following release of Senate version of defense spending bill A gFunderNews

🇺🇸 Big Idea Ventures unveils plant-based seafood co Bayou Best Foods, acquires IP from New Wave Foods AgFunderNews

🇺🇸 Bovaer is ‘creating a self-sustaining carbon inset market for American agriculture’ says Elanco AgFunderNews

🇺🇸 After Popular Demand, the Beyond Orange Chicken is Back at Panda Express Eco-friendly Queen

🇬🇧 Moa harvests global deal for new herbicide Public Relations Wire Service

🇬🇧 🇧🇪 Huge study aims to unearth knowledge of ‘largely unexplored’ subsoil AgTechNavigator

🇺🇸 Syngenta and Intrinsyx Bio to Offer New Biological Solution to Boost Crops’ Nutrient Use Efficiency Organization Cord

🇺🇸 UNLIMEAT Introduces Its K-Vegan Products at Sprouts Farmers Market Public Relations Wire Service

🇺🇸 PepsiCo Selects Eight Trailblazing Food and Beverage Start-Ups for Greenhouse Accelerator Program Public Relations Wire Service

🇨🇱 Nestlé Enters Blended Meat Space with Soy-Based ‘Meat Extender’  Eco-friendly Queen

🇺🇸 Plant-Based Blue Cheese by Climax Foods Launches on Grocery Delivery Service Good Eggs Vegconomist

The article The Week in AgriFoodTech: $3.6bn for Flagship Pioneering, $379m for Kembara, $10m for Cartken’s delivery bots showed up initially on AgFunderNews.

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