AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.
Funding news
🇩🇰 Bactolife raises $35m Series B to commercialize novel category of gut health ingredients: binding proteins AgFunderNews
🇬🇧 Biographica raises $9.5m for AI-driven crop design, unveils partnership with BASF AgFunderNews
🇳🇴 Norway’s Spoor closes €8M Series A as biodiversity compliance tightens for wind developers Arctic Startup
🇳🇱 The Protein Brewery gets $2.7M EU grant to launch mycoprotein powder for dairy alternatives Green Queen
M&A, IPOs & partnerships
🇺🇸 L Catterton strikes $500 million-plus deal for cottage cheese brand Good Culture Reuters
🇺🇸 Corteva, BP form joint venture to produce biofuels Market Watch
🇿🇦 Digital power meets carbon farming: MyEasyFarm and Anthesis join forces to scale AgriCarbon in South Africa AgTechNavigator
Funds, grants & accelerators
🇺🇸 Grit Road Partners announces launch of second VC fund to support Midwest agtech innovation Silicon Prairie
People moves
🇺🇸 Beyond Meat taps new chief accounting officer amid financial overhaul Food Dive
🇮🇱 Orbia Netafim appoints Melissa Lilze as senior vice president, North America Netafim
🇺🇸 Afresh appoints chief revenue officer Progressive Grocer
🇩🇪 Formo appoints Dr. Andreas Heyl as chief technology officer Vegconomist
Other news
🇺🇸 Coca-Cola begins corporate restructuring with 75 layoffs Food Dive
🇺🇸 Pesticide industry ‘immunity shield’ stripped from US appropriations bill The Guardian
🇺🇸 AQUA Cultured Foods concludes operations after pioneering whole-cut, fish-free seafood Protein Production Technology
🇺🇸 Meati Foods property seized for non-payment of taxes AgFunderNews
🇺🇸 New US dietary guidelines elevate meat and full-fat dairy, ignite protein debate: ‘Most Americans already eat plenty’ AgFunderNews
🇬🇧 GrowUp creditors owed £120m in vertical farming administration Vertical Farm Daily
The post AgriFood Signals: Corteva & BP partner on biofuels, Grit Road launches second fund for midwest agtech appeared first on AgFunderNews.
