Cargill Joins Growth Funding Round for ENOUGH, Agrees to Use and Market its Mycoprotein
By Lynda Kiernan-Stone, Global AgInvesting Media Cargill is expanding its partnership with food tech company ENOUGH by joining its most recent growth funding round, and by signing a commercial agreement to use and market ABUNDA, ENOUGH’s signature sustainable and vegan protein created by fermenting fungi fed by renewable feedstocks. F
Read moreReflections on 2023 Food and Agriculture Supply Chain Trends
By S2G Ventures This is the second installment of a series looking back on our report, "Trends Shaping the Future of Food in 2023." Read Part 1 of this series, Reflections on 2023 AgTech Trends. In March of 2023, we published a white paper entitled “Trends Shaping the Future of Food in 2023.” Almost a year later, we explore the
Read moreWeedOUT Raises $8.1M Series A to Combat Weed Resistance
By Lynda Kiernan-Stone, Global AgInvesting Media WeedOUT’s approach is inspired by sterility techniques successfully used since the 1940s for controlling pest populations like flies and mosquitos. Since the inception of these sterility techniques 80 years ago, insect control using these methods has not encountered any issues of resistanc
Read moreClean Growth Fund Backs HutanBio to Advance Algae-Based Biofuel
photo credit: HutanBio By Lynda Kiernan-Stone, Global AgInvesting Media Founded by scientists from Cambridge University and in Malaysia, biotech company HutanBio has a mission to disrupt the biofuels industry through the commercialization of HBx, its carbon-negative biofuel designed to serve the transition to net zero in the marine and
Read moreFA Bio Closes on £5.3M to Discover Microbes for Game-Changing Bioproducts
By Lynda Kiernan-Stone, Global AgInvesting Media British biotech company FA Bio announced it has closed on £5.3 million (US$6.68 million) to continue its work discovering superior microbes for bioproducts that will improve soil health, increase crop yields, protect biodiversity, and replace chemical inputs to reduce greenhouse gas emissio
Read moreFOTONIQ Closes on Investment Round to Make Greenhouses More Efficient
By Lynda Kiernan-Stone, Global AgInvesting Media As arable land suitable for agricultural production is in finite supply, FOTONIQ views greenhouses as the future of agriculture. And as high-tech greenhouse production continues to gain ground, the company sees the need for greater sustainability and efficiency to help growers increase produ
Read moreSyngenta Group Ventures Leads $38M Series D to Improve Global Fresh Produce Supply Chain
By Lynda Kiernan-Stone, Global AgInvesting Media Syngenta Group Ventures has led a $38 million Series D for ProducePay, recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators for its work transforming and strengthening fresh produce supply chains. Joining Syngenta Gro
Read moreReflections on 2023 AgTech Trends
By S2G Ventures This is the first installment of a series looking back on our report, "Trends Shaping the Future of Food in 2023." 2023 was a tough year for startups. It was the warmest year on record, and emissions from fossil fuels hit a new high. Geopolitical turmoil, inflation, rising interest rates, hesitant corporate customers, c
Read moreFuture Food Fund II Announces Final Close at €40M
By Lynda Kiernan-Stone, Global AgInvesting Media More food tech news out of Europe. Dutch agrifood tech impact investor Future Food Fund II (FFF II) announced its final close at €40 million (US$43.11 million) with the support of aligned entrepreneurs and other high-profile backers such as the European Investment Fund (EIF) - which commit
Read moreElanco Sells Aqua Business to Merck in $1.3B Deal
By Lynda Kiernan-Stone, Global AgInvesting Media After a year-long review process, Elanco Animal Health announced it has agreed to sell its aqua business to Merck Animal Health for approximately $1.3 billion in cash. Generating about $175 million in revenue and an approximate $92 million in adjusted EBITDA, the business includes product
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