NEW TECH FOODS

Oxford University spinout Wild Bio has secured $60 million in Series A funding to advance its AI-powered precision breeding platform.

The Magnum Ice Cream Company (TMICC) has announced a partnership with foodtech firm NotCo to accelerate innovation in the US market.

Discovery Park, Kent’s life sciences hub, has added two high-growth biotech start-ups to its CoLab innovation space.

Keychain, a start-up in the consumer packaged goods (CPG) sector, has secured $30 million in Series B funding, in a round led by Wellington Management, with participation from existing investor BoxGroup.

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

Australian cultivated meat company Magic Valley has announced a strategic partnership with US-based deep tech company Pythag Tech to support its scale-up using AI-powered bioprocess optimisation.

HelloFresh is investing $70 million in a major overhaul of its meal kit offerings, aiming to harness AI to drive customer retention and boost in-home dining, according to a report by Bloomberg.

FloVision Solutions, a start-up developing AI-driven analytics tools for the global food industry, has raised $8.7 million in Series A funding to scale its technology and workforce.