Everyone has a pet theory about what's gone wrong for alt meat. It's too processed, too expensive, too different from meat... or not different enough. But we may be missing the elephant in the room, claims ex-TiNDLE exec Andre Menezes. “The fundamental issue is that there is no real underlying consumer demand to shift away from meat. If the price is right and consumers like the product, they don’t care if they are destroying the Earth.” So what does this mean for TiNDLE and the broader alt meat sector? Elsewhere, we caught up with Amfora, which is helping regenerative farmers make a living from traditional olive oil production, and Growcer, which has acquired the assets of vertical farmer Freight Farms. Meanwhile, the ALDF discussed why it is suing USDA over climate-friendly beef ads. Finally, there were fresh funds for animal microbiome expert BiomEdit, GenAI startup Zucca, precision fermentation specialist Eclipse Ingredients, and ag biologicals co Puna Bio. Have a great weekend! Louisa, Elaine, and Jenn P.S. Check out AgFunder's webinar with portfolio company Lumi AI on July 30 to explore how data and AI are being used by today’s top-performing retail and supply chain teams. Sign up here. ❤️ AgFunder and agrifoodtech? The waitlist for AgFunder's Fund V opens soon Competition, price jumps expected as demand outpaces supply of European forest carbon credits 2025 is "a critical window for forward-looking companies to take action" on forest carbon credits, says project developer Arbonics. Jennifer Marston BiomEdit raises $18.4m Series B to expand designer probiotics platform Indiana-based BiomEdit is gearing up to launch its first product, an engineered probiotic designed to tackle necrotic enteritis in broiler chickens. Elaine Watson Eclipse Ingredients secures $5m for its ‘capital-light’ spin on making human lactoferrin AgFunder portfolio co! Eclipse can make "significant impact without needing huge volumes," says the firm. Jennifer Marston Gates Foundation invests in Puna Bio to bring extremophile-based ag biologicals to Africa The Puna Bio Series A round is the Gates Foundation's first investment in an Argentina-based startup, and will fuel international expansion. Jennifer Marston Freight Farms customers find a new home as vertical farming co Growcer acquires the former’s assets Freight Farms ceased operations on April 30 after a period of financial strain that included layoffs and a scrapped merger. Jennifer Marston In customer meetings, says Lucas Mann at lead investor Acre Venture Partners, "We were able to see folks recognize the incredible capability of the platform, even at this early stage.” Elaine Watson According to the ALDF, USDA has "repeatedly approved" Beef Checkoff-funded ads with false and misleading claims about beef’s climate impact. Elaine Watson The Week in AgriFoodTech: Remora Robotics nets $16m, Big Idea Ventures’ new cohort Plus.. soil science company Regrow is making inroads into Brazil via a partnership with Embrapa. Jennifer Marston From record Series A to market reset: Where TiNDLE Foods—and plant-based meat—go next “The fundamental issue is that there is no real underlying consumer demand to shift away from meat,” says TiNDLE cofounder Andre Menezes. Elaine Watson How Amfora is preserving ancient olive oil traditions—and bringing profit—to regenerative producers Amfora's mission is to “honor the tradition of creating olive oil" and connect traditional farmers directly to customers to improve their bottom line. Jennifer Marston Guest article: EU novel food delays. Why bureaucracy is choking off food innovation EU novel food authorizations typically take 2.5 years, and sometimes up to six. For many startups, that’s a death sentence. By guest contributor Stephen O'Rourke Guest article: The AI race has a lesson for African agri SME support To move forward in the AI race, agtech needs to build the open-source, pre-competitive foundations that enable accurate, scalable solutions. By guest contributor Bernard Wright 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! The realities of agrifoodtech investment in 2025: ‘Venture capital is not about being patient’ Those seeking agrifoodtech investment dollars must learn to de-risk their offerings while moving three to four times faster than before. Jennifer Marston "The greenhouse industry was here beforehand, it's here now, and it'll be here in the future," says Little Leaf Farms' founder Paul Sellew. Jennifer Marston Can bio-based vitamin A give its petrochemical-based counterpart a run for its money? Capra Biosciences has developed a novel method of producing retinol using engineered microbes fed on industrial side streams in novel bioreactors that it claims could compete with petrochemical-based production. Elaine Watson How are cutting-edge analytics and AI reshaping the retail and supply chain landscape? Join guest speakers from Deloitte, Boston Consulting Group, and the former CEO of Daisy Intelligence at noon ET on July 30 in the latest installment of a new webinar series hosted by AgFunder and portfolio company Lumi AI to explore real AI use cases delivering ROI in the supply chain. Urban agriculture needs a business model revolution, not just more technology Startup City Flipping burgers this summer? They won’t be cheap. Bloomberg EU scrambles to safeguard food security as climate threatens protein supplies Protein Production Technology MAHA’s European food envy is full of contradictions STAT Global patent data reveals China’s years-long commitment to scaling up cultivated meat GFI APAC Trump's tariffs on Brazil could make your coffee even more expensive CNBC America’s whey protein obsession is transforming the dairy industry New York Times Enduring confusion is the only certainty amid Trump’s latest tariff threats The Guardian Mushroom leather startup tests muni risk level Featuring MycoWorks! Bloomberg Law Unlocking California almonds’ full potential: New research reveals novel, health-promoting compounds Featuring Brightseed! Businesswire Success story: Prince Manufacturing & Solinftec. Bringing agricultural innovation to life Featuring Solinftec! 24-7 Press Release
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 JR software quality analyst, home office Solinftec (remote) Software engineer, bioinformatics team phagos (Suresnes, France) Cromatic (San Francisco Bay area, California, USA) Global procurement, senior buyer Apeel (Valencia, Spain) Fermentation process engineer Kula Bio (Natick, Massachusetts, USA) Modern Synthesis (London, UK) MycoWorks (Barcelona, Spain) Software engineer (data team) phagos (Suresnes, France) ♥️ 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.
It's been another big week for ag robotics, with fresh funds for autonomous mushroom harvester 4AG Robotics and TRIC Robotics, which has a fleet of 'bots armed with UV-C light and bug vacuums roaming California's strawberry fields. On a more depressing note, UK-based vertical farmer Vertical Future was put up for sale on an insolvency marketplace, while Belgian startup FlyBlast, which engineers black soldier flies to produce high-value proteins, filed for bankruptcy. Meanwhile, with new data...
The big news this week? Two high-profile alt protein startups have called it quits, with Planetarians blaming a "mismatch between the capital intensity required to scale breakthrough manufacturing innovation and the current investor appetite for foodtech" and NovoNutrients blaming the "shifting investment climate.” Both hope their tech finds a new home, however. Planetarians founder Aleh Manchuliantsau insists that "We’re specifically seeking acquirers who will actively utilize and develop...
"Any logical approach to growing a plant would include the sun." So said Little Leaf Farms' founder and CEO Paul Sellew this week in conversation with AgFunderNews, where we discussed everything from greenhouses versus vertical farming to why Little Leaf will continue to ship greens in plastic clamshells—and why that might even be "sustainable." Elsewhere, M&A was active: Vancouver, BC–based Miraterra acquired soil biology startup and (AgFunder portco) Trace Genomics, and chemicals...