NEW TECH FOODS

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.