Offbeast unveils hybrid whole cuts, ClimateAi ceases operations, unpacking the GRAS proposal, FCC targets existing foreign-made drones, alt cocoa, alt meat


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This week: Offbeast unveiled new tech to make hybrid whole cut meats, and long-range forecasting firm ClimateAi ceased operations, two years after ag intelligence platform Gro Intelligence called it quits.

Elsewhere, we delve into FDA's long-awaited proposal to close the so-called GRAS loophole, which experts say is less onerous than some had feared but could still create headaches for the food industry if not properly resourced and will almost certainly prompt legal challenges.

Plus:

And finally… Is precision health tech a gamechanger that could move the needle on public health, or are its benefits confined to a small cohort of affluent, health-conscious consumers seeking to fine-tune their wellness? We catch up with Cornucopian Capital...

Have a great week! Louisa, Jenn, and Elaine

Offbeast develops ‘world’s first’ beef-plant hybrid whole cuts

Offbeast has developed a manufacturing process designed to integrate into existing meat-processing lines, says CEO Insa Mohr. Elaine Watson

“Climate resilience” platform ClimateAi winds down operations

CEO Himanshu Gupta blamed unspecified “geopolitical and climate headwinds” that “made it hard to continue our mission." Elaine Watson

GRAS overhaul: less onerous than feared, but legal battle likely

The long-anticipated proposal is less onerous than some had feared but could still create headaches for the food industry, say experts. Elaine Watson

New FCC proposal could ‘retroactively ban’ some existing ag spray drones, warns DJI

The proposal would mean that selected ag spray drones already cleared for the US market could no longer be imported or sold, says DJI. Elaine Watson

Cultivated Food Labs advances faba bean hull-based cocoa alternative

“The goal is to build out supply chains for these ingredients and then work with strategic partners.” Elaine Watson

From GLP-1s to biosensors: Inside Cornucopian Capital’s precision health playbook

Aryeh Ganz: “What if we could make improved health span, performance, and longevity accessible to everyone?" Elaine Watson

Swiss alt meat startup Planted scales fermented whole-cut platform, eyes B2B partnerships

“In Austria and Switzerland we’re the market leader and in Germany we’re the fastest growing player," claims Pascal Bieri. Elaine Watson

Millow raises $2.3m, gears up for launch of minimally processed alt meat

"The job now is disciplined commercial execution," says CEO Fredrik Öhrn. Elaine Watson

AgriFood Signals: Ranch tech startup Ranchbot nets $15m, Target hires chief AI officer, plant cell culture megadeal

Plus: Vertical farmer GoodLeaf Farms achieves profitability. Elaine Watson

Black Sheep Foods bets on ‘TVP 2.0’ as hybrid meat gains traction - AgFunder portfolio co!

Black Sheep Foods has reinvented itself as a B2B supplier of next-gen TVP that can be blended with meat or alt meat at high inclusion rates. Elaine Watson

Indoor ag heavyweight 80 Acres Farms to cease operations

"We have helped plant the seeds for generations of future harvests," says CEO Mike Zelkind. Jennifer Marston

Plantible raises $35m in debt, equity, to increase RuBisCO protein production fivefold

“We've rolled out a new strain that has allowed us to increase yield by more than 40%," says CEO Tony Martens. Elaine Watson

Escorts Kubota partners with Tractor Junction for used tractor resale network - Featuring Tractor Junction!

Autocar Professional

U.S. farmland values have climbed nearly 44% since 2020

AgDaily

80 Acres Farms was the last one standing. It still wasn't enough.

LinkedIn

Russian strikes on dozens of grain ships threaten global food supplies

New York Times

The post-patent wave is coming: what it means for ag retailers

CropLife

From milk to snack foods, more products are going 'regenerative'

Bloomberg

Target taps Lowe’s exec as its first-ever AI chief

Chain Store Age

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AgFunderNews

AgFunderNews reports on the evolution of the global food and agriculture system. By going beyond the headlines, we analyze the people, companies and technologies aiming to improve human and planetary health. Publishing daily, 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, one of the world’s most active agrifoodtech venture capital firms.

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