NEW TECH FOODS

UK-based biostimulant developer SugaROx has raised £1 million in a seed round extension to accelerate field testing of its Trehalose-6-Phosphate (T6P) product.

BASF, Corteva Agriscience and MS Technologies have signed a trait licensing agreement to introduce BASF’s nematode-resistant soybean (NRS) trait into Enlist E3 and Conkesta E3 soybean varieties for farmers in Brazil.

Cropin has been awarded a €700,000 contract under EIT Food’s Impact Funding Framework to roll out an AI-powered initiative aimed at promoting regenerative potato farming across Europe.

Switch Bioworks has appointed two senior executives and moved into a new corporate headquarters and R&D facility in San Carlos, California, as it advances its biotechnology-based fertiliser development.

BioConsortia has raised $15 million from existing investors led by Otter Capital and affiliated funds, bringing total investment in the company to $95 million.

AeroFarms, a vertical farming company and microgreens supplier in the US retail market, has announced major financial moves to strengthen its operations and support future expansion.

4AG Robotics, a manufacturer of autonomous harvesting technologies, has successfully closed a CAD $40 million Series B funding round, aimed at accelerating the adoption of its robotic systems in the mushroom farming sector.

The Corn Refiners Association (CRA) has endorsed the bipartisan reintroduction of the Agricultural Biorefinery Innovation and Opportunity (Ag BIO) Act in the US Senate, legislation aimed at strengthening the country’s bioeconomy and expanding rural job opportunities.

PoLoPo, a deep-tech B2B company pioneering bioengineered potato varieties, has announced it aims to bring its molecular farming to the snack aisle with a drop-in solution for high-protein chips.

The European Investment Bank (EIB) has signed a €20 million venture debt agreement with Dutch biotech company Solynta to support the development of disease-resistant, climate-resilient potato varieties.

The European Investment Bank (EIB), in partnership with Rabobank and its leasing arm DLL, has announced a new €1 billion funding initiative aimed at boosting sustainability and agtech innovation among SMEs across the EU.

Edible Garden has announced the launch of Edible Garden-Prairie Hills, a new 6.2-acre facility in Webster City, Iowa.

Canadian tech company Miraterra has acquired the assets of California-based ag-tech firm Trace Genomics, including its intellectual property, product portfolio and analytical laboratory in Ames, Iowa.

London-based insect farm technology company Entocycle has partnered with Siemens to create the UK’s first fully digitalised insect farming showroom

Nestlé’s Institute of Agricultural Sciences has entered into research collaborations to explore the potential environmental benefits and scalability of innovative aquaculture approaches.

Protein Industries Canada has announced an additional CAD 15m (approx. $10.9m) in funding, provided by the Canadian government, to help strengthen Canada’s plant-based ingredient supply chain through genomics and artificial intelligence (AI) programmes.

Sun Chemical has unveiled a new edible algae cultivation facility in California, US, operated by its subsidiary Earthrise Nutritionals....

AI solutions provider Source.ag has announced a partnership with Axia Vegetable Seeds to enhance cultivation strategies through...

Taylor Farms, a US-based producer of ready-to-eat salads, has announced its acquisition of agri-tech group FarmWise's business. FarmWise...

The global agri-food-tech sector has seen a steep decline in investment, with funding plummeting by 73% from its 2021 peak, according to...