NEW TECH FOODS

India has inaugurated its first Animal Stem Cell Biobank and Animal Stem Cell Laboratory at the National Institute of Animal Biotechnology (NIAB) in Hyderabad, a facility aimed at advancing regenerative medicine and cellular therapies for livestock.

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.

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.

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.

Cell-based dairy start-up Opalia has announced its first commercial sale, signing a strategic agreement with global dairy supplier Hoogwegt to bring the world’s first cell-based milk products to market.