Today, India-based Rebel Foods elevated a massive $210 million for its cloud cooking area organization and Brazilian environment technology Terradot, currently headquarterd in San Francisco, shut a $58 million Collection A round.
Beyond financing, upright farming Lots closed its Compton ranch, claiming it would certainly concentrate totally on strawberry manufacturing currently, while John Kempf’s Progressing Eco Farming captured a USDA country growth honor.
Financing
Rebel Foods secures $210M series G funding from Temasek QSR Media Asia
Terradot raises $58M series A round LatamList
Biostimulant-maker Sound Agriculture bags additional $25M, will pay growers to replace nitrogen and phosphorus AgFunderNews
Yeastup raises €9.47M to turn dairy site into facility upcycling spent brewers’ yeast Vegconomist
Bpacks logs €1M pre-seed funding for world’s first bark-based, 100% compostable packaging Technology Financing Information
Freya Cultivation Systems secures €500K Seed to boost greenhouse cultivation Tech.eu
LAM’ON raises investment for bio-based packaging solutions Tech.eu
New Wave Biotech raises €1.2 million to transform R&D in synbio and alt protein production EUStartups
M&A, IPOs & collaborations
AgroLiquid acquires Monty’s Plant Food to expand sustainable crop nutrition AgricultureDive
Phytech secures strategic partnerships with Rivulis and Netafim to drive global digital farming transformation Farming Online
Funds, gives & accelerators
New fund from Astarte & Toesca underscores the promise of investing in Latin America’s permanent crops AgFunderNews
Novo Nordisk Foundation grants €134M to establish the Biotechnology Research Institute for the Green Transition (BRIGHT) Public Relations Wire Service
Individuals actions
EFishery names interim CEO, CFO amid investigation TechInAsia
Various other information
Plenty closes Compton farm, transitioning to strawberries full time Upright Ranch Daily
Australian start-up All G receives go-ahead to sell animal-free milk product in US Food Contents First
Grubhub to pay $25M in FTC settlement Dining Establishment Dive
Wiliot recognised by 2024 Progressive Grocer Impact Awards IOTInsider
Australian researchers build AI powered “smart cow” to help ranchers CNN Company
AquaBounty announces plans to cease fish farming operations AquaBounty Technologies
Judge blocks rule that eased U.S. reviews of biotech crops Scientific Research
Oatly closes Singapore plant, relocates APAC ops to Europe Technology In Asia
The message The Week in AgriFoodTech: Rebel Foods raises $210m, Terradot bags $58m, Plenty shutters Compton farm showed up initially on AgFunderNews.
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