This week, Colossal Biosciences, the company trying to bring back the woolly mammoth, raised a whopping $200 million while NatureMetrics, a British startup in nature intelligence and biodiversity monitoring, closed a Series B round.
Outside of funding, quick-service restaurant chain Chipotle announced two new investments via its Cultivate Next arm and Syngenta launched a new partnership to speed up R&D for biologicals.
Startup Funding
Colossal Biosciences raises $200m at $10.2b valuation to bring back woolly mammoths TechCrunch
Formo secures $36m in venture debt funding to scale animal-free fermentation platform AgFunderNews
NatureMetrics raises €24.3 m to develop biodiversity monitoring Eu Startups
Swedish cleantech startup receives €22.5m EU funding to expand PFAS removal technology Arctic Startup
Enhanced Medical Nutrition secures $5m Series A Private Capital Journal
Mexican biogas producer Sistema.bio secures $3.5 m from Novastar Ventures to scale African renewable energy solution Techpoint Africa
Robigo wins THRIVE program and secures investment from SVG Ventures THRIVE by SG Ventures
Image credit: Syngenta
M&A, IPOs & partnerships
Varaha signs ‘landmark’ deal with Google to make smallholders part of the carbon removal solution AgFunder News
Louis Dreyfus buys BASF’s food and health ingredients business Agriculture Dive
Slovenian organic superfood producer Narayan Group to be acquired by Edible Garden Vegconomist
Syngenta and TraitSeq team up to accelerate biostimulant R&D AgTech Navigator
FMC Corporation restructures agtech VC arm FMC Ventures AgFunderNews
Funds, grants & accelerators
New Forests holds A$600m final close on ANZ Landscapes and Forestry Fund Agri Investor
Chipotle’s Cultivate Next fund makes minority investments in Plantible and CH4 Global Chipotle [Disclosure: AgFunderNews’ parent company AgFunder is an investor in CH4 Global.]
Bonnefield’s agribusiness fund holds C$80m second close Agri Investor
Danone North America opens applications for annual gut microbiome, yogurt and probiotics fellowship grant PR Newswire
People moves
Shake Shack appoints chief information and technology officer Restaurant Dive
Hershey names new executives to oversee confection, salty snacks Food Dive
Other news
Meati expands distribution, anticipates positive gross margins by the year end, says CEO AgFunderNews
Plantopia turns to sprouted oats for cost-effective production of animal-free dairy AgFunderNews
Cultivated meat startup Vow slices 25 jobs amid hunt for new funds Startup Daily
Burcon unveils high-purity sunflower protein targeting weight management and F&B applications Vegconomist
Netherlands invests in future of food with two cellular agriculture facilities IO Plus
UK Parliament launches cultivated meat research project Alt-Meat
2024 first year to pass 1.5 C° global warming limit BBC News
FDA Issues Proposed Rule on Front-of-Package Nutrition Labeling US Food and Drug Administration
New Holland brings its first methane tractor to the US Lancaster Farming
Nature’s Miracle Holding Inc. to be delisted from Nasdaq 8NewsNow
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