NEW TECH FOODS

Sustainable investment firm Collateral Good has been appointed to manage a €100 million Sustainable Food Fund, formerly known as Blue Horizon Venture I.

he Taylor Geospatial Institute (TGI) has launched a funding initiative offering up to $2 million for projects using geospatial technology to tackle global food security and sustainable agriculture challenges.

Norwegian agtech company Saga Robotics has secured $11.2 million in equity funding to expand the commercial rollout of its autonomous agricultural platform, Thorvald, in the UK and US.

OCOchem, a leader in CO2 electrolysis technology, has entered into a new partnership with ADM.

The Better Meat Co (BMC) has secured $31 million in an oversubscribed Series A funding round to expand its patented mycoprotein fermentation technology to commercial scale.

Corbion has entered a strategic partnership with US biotech company Kuehnle AgroSystems (KAS) to develop and commercialise a natural astaxanthin product made from non-GMO heterotrophic algae.

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.

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.

Prefer has raised $4.2 million in an oversubscribed funding round and launched its first commercial products.

H2Ok Innovations has secured $12.42 million in Series A funding led by Greycroft, with additional investment from 2048 Ventures and Construct Capital.

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.

In a move to bolster its cocoa supply chain amid growing challenges, Mars has entered into a licensing agreement with agricultural gene-editing firm Pairwise.

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

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.

Mara Renewables has raised $9.1 million from S2G Investments to to expand its algae-based omega-3 platform, increase research and development and scale production to meet growing global demand for sustainable nutrition solutions.

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.

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.

Alberta Innovates has committed $500,000 to support the Cellular Agriculture Prairie Ecosystem (CAPE) Project, a $2.4 million initiative led by Edmonton-based New Harvest Canada.

French foodtech start-up Fungu’it has secured €4 million in funding to accelerate industrial-scale production of its natural flavourings made from agricultural by-products.

BioMara, in collaboration with ingredient supplier Macphie and Abertay University, has completed a government-funded project to incorporate a new seaweed-based ingredient into mainstream food products.