The new year started with new fundraises from India-based nutraceutical startup Botanic Healthcare and agriculture-focused data science company Fermata.
Meanwhile, Ohalo teamed up with farmers in Florida to develop a “disease-resistant strawberry,” Bayer and Neste launched an initiative for renewable fuel, and vertical farming company Plenty is reportedly in talks for a more than 90% value cut.
Startup funding
Seed gene-editing startup Inari eyes commercialization with $144m round AgFunderNews
India’s Botanic Healthcare bags $29 million led by PE firm Skateboat capital DealstreetAsia
Fermata closes $10M Series A funding to build the brain of Ag HortiDaily
Arborea raises €5M for to cultivate proteins on any surface Tech.eu
Plant-based chicken maker Rebellyous Foods raises $2.4m Geekwire
Indian electric tractor startup secures $2.2m seed funding TechInAsia
Touchstone Partners leads seed funding in Vietnamese agritech startup Enfarm Touchstone Partners
Indonesia’s HiFeed secures pre-seed funding from Wavemaker Impact tnglobal
bukaPO secures seed funding to empower Indonesia’s home chefs e27
M&A, IPOs & partnerships
Agtech seedlings: Florida farmers team with startup Ohalo to breed a disease-resistant strawberry AgricultureDive
Idemitsu and Terviva to begin trial of non-edible oilseed crop for aviation fuel Reuters
Groundwork BioAg, ADAMA form partnership to offer Rootella inoculants for Chinese farmers AgriBusinessGlobal
Bayer and Neste to develop feedstocks for renewable fuels AgTechNavigator
BioConsortia and H&T Partner to launch nitrogen-fixing microbial seed treatment in New Zealand BusinessWire
French animal-free casein maker Standing Ovation strikes deal with Ajinomoto to scale up manufacturing Green Queen
Funds, grants & accelerators
Major Italian corporates back 360 Capital’s new €200m climate tech fund Sifted
BPL Pensioen invests further €90m in Dutch farmland fund Impact Investor
Artesian and Hort Innovation launch A$60m horticulture fund Agri Investor
UK announces £15m fund to distribute surplus food from farms & tackle waste Green Queen
NFWF Announces $14.7 m in grants to bolster regenerative agriculture on working lands The National Fish and Wildlife Foundation
Medellín Venture Capital to invest $1.2M in micro VCs LatamList
People moves
Zepto’s VP of central operations leaves company TechInAsia
Other news
Serve Robotics raises additional $80M as it scales sidewalk delivery robots TechCrunch
Plenty Unlimited in talks for more than 90% value cut Bloomberg
California board approves a definition for regenerative agriculture Agri-Pulse
Meati faces another false advertising lawsuit over ‘Mushroom Root’ claim Green Queen
New York signs law to fine Big Oil polluters $75B via climate change superfund Green Queen
GLP-1 users’ grocery spending drops, but then levels out after 12 months – Circana data AgFunderNews
Smithfield Foods files for public offering on US stock exchange Food Dive
French startup Bon Vivant cleared to sell animal-free whey protein in the US Green Queen
The post The Week in AgriFoodTech: India’s Botanic Healthcare bags $29m, Fermata secures $10m, Plenty facing value cut appeared first on AgFunderNews.