Quick-delivery proceeds speeding up in advance in India, the current growth being a mega-raise from Zepto that values the firm at $5 billion. Somewhere else, food waste brain trust ReFED obtained a brand-new exec supervisor, Difficult Foods opened up a brick-and-mortar shop, and, in the biomaterials company, Screw Threads went public through a SPAC.
Foodtech financing
Zepto raises $340M at a $5B valuation as India’s quick-commerce market heats up TechCrunch
Finnish company Collo gets €5 million to optimise food & beverage industry EU Startups
Adamo Foods raises £2m to bring ‘ultra-realistic’ steak alternative to market The Grocer
Kiwi grocery shopping insights app MenuAid rebrands as Appetise after swallowing NZ$4 million pre-Series A Start-up Daily
Agtech financing
Belgian startup Hedera-22 raises €2 million to accelerate progress for a sustainable agriculture EU Startups
M&A, IPOs & collaborations
Above Food announces $34m acquisition of The Redwood Group’s crop ingredients business FoodBev Media
Berkeley-based startup Bolt Threads goes public via SPAC merger Biz Journals
Cargill and Goanna Ag pilot irrigation efficiency technology on Mississippi Delta cotton fields Company Cord
Arda Biomaterials and Beavertown Brewery team up to turn brewery waste into sustainable fashion accessories Retail Innovation Development Center
Indoor grower to add electric truck to their fleet Horti Daily
Fonterra and Superbrewed Food collaborate to advance postbiotic protein tech AgFunderNews
Individuals information
ReFED announces Sara Burnett as new executive director ReFED
Starbucks names Brian Niccol as chairman and chief executive officer Company Cord
Nutrien taps new CFO as fertilizer profits decline Farming Dive
Former Nutreco-exec joins Norwegian mycoprotein producer Aquafeed
Leading agtech company, TerraClear, appoints Devin Lammers as new CEO Public Relations Internet
Various other information
Impossible Foods opens first brick and mortar concept Food Dive
New bill to define and label plant-based alternatives as “simulated food” Vegconomist
Florida’s cultivated meat ban faces constitutional challenge in federal court The Capitolist
Mission Barns unveils ‘novel, scalable, adherent’ bioreactor for cultivated meat, fat AgFunderNews
Ajinomoto to launch two products made with Solar Foods’ air-based protein in Singapore Vegconomist
Kelly Hills Unmanned Systems debuts with the largest commercial autonomous crop sprayer in the US AgFunderNews
Deliveroo hops into first-ever net profit UKTN
The article The Week in AgriFoodTech: Zepto secures fresh $340m, Bolt Threads goes public, ReFED has a new boss showed up initially on AgFunderNews.
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