Has Indigo Ag's valuation nose-dived? CH4 Global raises $29m to tackle cow burps, Pivot Bio revenues top $100m


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AFN Industry and Funding News

‘No comment’ from Indigo Ag on valuation nose-dive report
By Jennifer Marston

CH4 Global raises $29m to scale seaweed-based platform to slash methane emissions from livestock: ‘We can grow it at a much larger scale, frankly, than anybody else’
By Elaine Watson

Bio-input startup Pivot Bio blazes past $100m revenue mark, appoints a new CEO
By Jennifer Marston

Grocery delivery giant Instacart files for IPO, reports profitability, investment from PepsiCo
By Jennifer Marston

Exacta Bioscience teams up with Ginkgo Bioworks to address scalability challenge for biologicals
By Elaine Watson

Entocycle & Bühler partner to cut the ‘trial and error’ phase from large-scale BSF production
By Jennifer Marston

The Week in AgriFoodTech: Toyota does indoor farming, Bayer & Pairwise ink deal, cultivated seafood gets big in Japan
By Jennifer Marston

Data snapshot: Climate and forestry solutions notably absent from Indonesia’s agrifoodtech investment landscape
By Jennifer Marston

AFN Interviews, Opinions and Analysis

🎥 AgFunderNews round table: Do the economics of precision fermentation stack up for animal-free dairy?
By Elaine Watson

🎥 Perfect Day CEO: ‘We’re trying to build a business that could exist as a really strong public company’
By Elaine Watson

Our oceans are in a state of emergency. Aqua Spark’s CEO explains how startups can help restore their health
By Jennifer Marston

Meet the founder: Chewing the designer fat with Satnam Singh at Fattastic Technologies
By Elaine Watson

What We're Reading

Carbon credit speculators could lose billions as offsets deemed ‘worthless’
The Guardian

The bacteria that can capture carbon
BBC

The next pandemic could wipe out crops, not people
Fast Company

Digging Africa deeper into hunger: Annual green revolution forum ignores widespread failure of its push for industrialized agriculture
Inter Press Service

The secret club for billionaires who care about climate change
Bloomberg (paywall)

Plant-based food leaders consider coalition to boost sector
Adweek

France to spend €200m destroying wine as demand falls
BBC

Is the party over for 'recession-proof' climate tech?
Sifted

In Case You Missed It

Indoor ag has hit ‘a bump on the S curve,’ not the trough of disillusionment – EY agrifood leader
By Jennifer Marston

Cultivated beef co Omeat begins generating revenues… but not from meat
By Elaine Watson

New Culture: ‘We’ve achieved technical metrics unheard of for animal-free casein’
By Elaine Watson

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AgFunderNews

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.

Read more from AgFunderNews

Greetings from London, where the AgFunderNews team has spent the week at the World Agri-Tech and Future Food-Tech summits delving into everything from the disconnect between regulatory and commercial timetables for novel foods and ag biologicals to ongoing questions over how to fund the transition to regenerative agriculture. As for cultivated meat, with private capital increasingly hard to come by, "There's a valley of death we're not going to cross as an industry without a massive infusion...

The big story this week: Are GLP-1 drugs such as Ozempic an ‘existential threat’ to the food industry or an opportunity for some creative thinking? Elsewhere, Infinite Roots raised a cool $58m to scale its mycelium-based platform, AgFunder portco IGS netted $28.6m for vertical farming tech, Bluewhite raised $39m to expand its ag robotics operation, while Elo Life Systems bagged $20.5m to scale its plant breeding tech. We've also got some highlights from the recent cell ag innovation day at...

Can cultivated meat transition from a loss-making novelty served at a handful of high-end restaurants to a commercially viable alternative to animal ag? This week, Elaine Watson spoke with a raft of startups and investors in the space, while Jenn Marston caught up with the VP of automation at John Deere to talk about the last 10 years in agtech. It's also been a big week for Entobel, which opened Asia's largest insect protein plant, and Solar Foods, which bagged $8.8m to grow protein from...