This week, another truly grim quarter at Beyond Meat, which is facing a ticking time bomb in the form of $1.2bn in debt thanks to an offering of convertible notes set to mature in 2027. Crop science giant Bayer, meanwhile, said on its earnings call it plans to have Roundup litigation "contained" in 2026. Elsewhere, we caught up with Dr. David Buckeridge and Steven Finn to discuss the investment landscape ("maybe as bad as it's ever been") and Fresh Del Monte SVP Jorge Pelaez Reyes to address the triple-whammy of TR4, Black Sigatoka, and climate change wreaking havoc on global banana supplies. Tim York at Australian alt meat market leader v2food told us why he snapped up US alt chicken brand Daring Foods. Finally, Jenn Marston and Samuele Gabbio took a look at the latest funding figures on biostimulants (spoiler alert: they're not good), and Elaine Watson spoke with InEdita Bio CEO Prof. Paulo Arruda about the next evolution of gene editing. Have a great weekend! Louisa, Elaine, and Jenn ❤️ AgFunder and agrifoodtech? The waitlist for AgFunder's Fund V opens soon Beyond Meat brings in chief transformation officer, cuts more jobs, following another grim quarter Restructuring expert John Boken has been brought in to "make sure we can become EBITDA positive in the second half of next year," says Ethan Brown. Elaine Watson Fresh Del Monte ramps up defenses as disease threatens world banana crops Fresh Del Monte has been collaborating with the Queensland University of Technology and Tropic on gene edited bananas resistant to devastating fungal disease TR4. Elaine Watson Bayer 'turning over every stone' to 'significantly contain' glyphosate litigation Crop science giant Bayer says it has settled 17,000 glyphosate cases so far and hopes for a supreme court ruling next year. Jennifer Marston Under the deal, Daring Foods will continue to operate under its own brand in the US while serving as a platform for v2food to launch products. Elaine Watson Funding to precision ag jumps 71%, outpaces ag biotech for the first time since 2017: Pitchbook The boost in funding to precision ag startups signals "a notable shift in investor priorities," says new data from PitchBook. Jennifer Marston According to Cargill, Chinese erythritol suppliers have flooded overseas markets with product “at rock bottom prices.” Elaine Watson A uniform definition of ultra-processed food at a federal level would “allow for consistency in research and policy," say the USDA and the FDA. Elaine Watson CDC research finds that more than half of all calories consumed by Americans are UPFs UPF consumption was lower in respondents with the highest family income than those in lower income brackets. Jennifer Marston The Week in AgriFoodTech: Aerofarms raises equity, TerraBlaster bags $4m Plus: Rihanna’s Clara Lionel Foundation backs women climate founders in Africa via Gather Ventures. Jennifer Marston Where Siddhi Capital is placing its bets: ‘GLP-1 is our AI. It’s a huge opportunity’ 'The sheer amount of mentions of GLP-1 and seemingly related things in my inbox is insane,' says Siddhi Capital cofounder Steven Finn. Elaine Watson InEdita Bio on gene editing 2.0: ‘We need to put together plant genetics with microbial genetics’ "You can make plants that produce signaling compounds that attract beneficial microorganisms and help them to grow and colonize and help plants to fix nitrogen," says Prof. Paulo Arruda. "This is the future." Elaine Watson The do's and don'ts of raising capital in 2025: in conversation with Dr. David Buckeridge Agrifood veteran Dr. David Buckeridge offers tips for startups raising money in this far more cautious environment. Jennifer Marston Interest in biostimulants ‘extraordinary’ despite 86% funding drop to category VC funding to biostimulants dropped 86% in 2024 to just $135 million. Jennifer Marston and Samuele Gabbio Guest article: A new class of biopesticides is ready. Will EU policy catch up? If EU institutions truly aim to support innovation, they must move beyond narrow definitions. By guest contributor Juan Estupinan Guest article: AI in China. Transforming the food system for a brighter future Companies such as Meituan and Ele.me are integrating AI into apps to provide users with personalized recommendations in China. By guest contributor Tao Zhang Webinar: Advancing agtech with satellite connectivityHow does satellite connectivity bridge the digital divide in remote areas, enabling data transmission from even the most rugged environments? Join Globalstar, Spotter, and AgFunder at 10am EST on August 20 for an exclusive look at how satellite connectivity can assist with livestock and remote asset tracking, environmental sensing, smart irrigation, and logistics management with a special case study in Central Asia equine management. Find out more and register here! "We had an educated look at a pivot towards biopharma, which had great potential, but not for our team and definitely not on our shoestring budget," says CEO Johan Jacobs. Elaine Watson Automated vertical farming startup Vertical Future up for sale after posting $13m loss “Like others in the vertical farming sector, we have faced significant headwinds in a difficult capital environment,” says the firm. Jennifer Marston "The opportunity is still here" for meat alternatives, insists Ahimsa Companies CEO Matthew Tullman. "It just may take longer than people originally expected." Elaine Watson Coca-Cola’s “rethink” shows big coffee faces a new reality Opinion: We’re about to find out if Kennedy is serious The New York Times Opinion: China is winning the trade war Trump started The Washington Post Every scientific empire comes to an end The Atlantic As consumers lose their appetite, food brands must fight to keep Wall St. happy The New York Times Would you pay $19 for a strawberry? The Economist Can Ÿnsect reinvent itself? French protein player faces crucial test AgTechNavigator The full list of Trump’s tariffs – from India to Taiwan The Guardian Sabah launches seaweed plant, eyes global biotech market - Featuring Seadling! Borneo Post Juicy Marbles and Revo Foods launch Kinda Salmon plant-based filet - Featuring Juicy Marbles! Vegconomist Low-methane beef hits Adelaide shelves - Featuring CH4 Global! Food Technology and Manufacturing MycoWorks turns mycelium into luxe leather-like alternatives - Featuring MycoWorks! design milk
2025 Developing Markets AgriFoodTech Investment Report 2025 Global AgriFoodTech Investment Report 2024 Asia Pacific AgriFoodTech Investment Report 2024 Africa AgriFoodTech Investment Report 10 years in agrifoodtech: our exclusive 83-page e-zine! 2024 India AgriFoodTech Investment Report Climate Capital: Financing Adaptation Pathways for Smallholder Farmers Varaha (Bangalore, India) Part time office and lab cleaner Hoxton Foods (London, UK) Sustainability specialist intern 3Bee (Milan, Italy) Aigen (Redmond, Washington, USA) Senior research scientist, genetics Future Fields (Edmonton, Canada) Global planning and inventory manager Apeel (Valencia, Spain) MycoWorks (Igualada, Spain) Retailo Technologies (Islamabad, Pakistan) Klim (Berlin, Germany) ♥️ our newsletter? Forward to a friend or subscribe here |
AgFunderNews reports on the evolution of the global food and agriculture system. By going beyond the headlines, we analyse the people, companies and technologies aiming to improve human and planetary health. Publishing daily news, our team of award-winning journalists delivers deeper insight on the growing foodtech, agtech and climate tech industries. A multimedia publication, AgFunderNews is a division of AgFunder Inc, one of the world’s most active agrifoodtech venture capital firms.
The big news this week: High-tech greenhouse operator Revol Greens made the “painful” decision to shutter operations in California and focus on its sites in Texas, Georgia, and Minnesota. We also saw big European funding rounds for virtual fencing co NoFence, manufacturing software co BRAINR, and bio-products specialist Bioweg, while Mad Capital closed a $78m fund for regen ag. Elsewhere, California Cultured broke new ground with a plant cell culture industry first, while VTT challenged a key...
The big news this week: Drama in the alt egg arena as Onego Bio took aim at The Every Co in an explosive lawsuit, plus a $50m raise for organic fertilizer co. Nitricity, which says its new plant in Delhi, CA, is already sold out until 2028. We also saw the official release of the MAHA report, prompting relief in some quarters and frustration in others with its emphasis on research over regulation. Elsewhere, Jenn Marston learned about a new partnership exploring nutrient density in...
Another vote of confidence for farm ‘bots this week, with Orchard Robotics raising $22m hot on the heels of recent rounds for 4AG Robotics, TRIC Robotics, and Saga Robotics. Meanwhile, Atarraya is expanding high-tech shrimp production in New Jersey as tariffs on exporters in India, Indonesia, Ecuador, and Vietnam spark fresh interest in domestic alternatives. Elsewhere, Sea Forest signed a deal with Orffa to distribute methane-busting feed supplements; NoPalm Ingredients unveiled plans for a...