Between August holidays and a challenging fundraising environment, new rounds were few and far between this week. A notable raise came from Netherlands-based VSParticle, which aims to accelerate green hydrogen production.
Elsewhere, restaurant tech start Presto got delisted from the Nasdaq and a kelp burger startup closed up shop. In brighter news, two agtechs joined forces to address the overlooked tropical crop sector.
Foodtech & agtech funding
🇺🇸 Armed with $12m in seed funding, Plonts launches plant-based cheese in New York, San Francisco AgFunderNews
🇩🇪 Veganz secures €10m to scale production of Mililk 2D-printed milk alternatives Vegconomist
🇮🇳 Agribusiness platform Agrizy secures $9.8m to connect India’s small food processors with global markets AgFunderNews
🇳🇱 VSParticle raises €6.5M for nanoparticle synthesis tech accelerating green hydrogen production Tech.eu
🇺🇸 Terrantic closes $3.5m seed round to help food processors extend shelf life and increase production yields Access Wire
🇬🇧 Robotics startup DELIVERS.AI valued at $36M as it raises fresh round Tech.eu
M&A, IPOs & partnerships
🇺🇸 BioLumic partners with Beck’s Hybrids and other major seed companies to boost corn productivity via UV light AgFunderNews
🇺🇸 CH4 Global signs offtake deal with CirPro to slash enteric methane with seaweed supplements AgFunderNews
🇨🇭 🇸🇬 Gamaya and Terraview merger set to target ‘overlooked’ tropical crop sector AgTechNavigator
Funds, grants & accelerators
🇧🇷 Lavoro announces new R$310 million 3-year FIDC-Fiagro credit facility Global Newswire
🇬🇧 Helios Investment Partners hits first close on CLEAR fund Agri Investor
🇺🇸 Indigo Ag Secures Funding From BIRD Foundation Carbon Herald
People moves
🇳🇿 Sprout Agritech appoints new CEO NBR
🇺🇸 Connecterra welcomes Taliah Danzinger as senior product manager Hoards
🇺🇸 Cauldron Appoints Former Solugen, BASF Executive David Weiner as CTO Business Wire
🇺🇸 Tyson taps new president of international sales Agriculture Dive
Other news
🇨🇭 iFarm to build a robotic vertical farm in Switzerland Vertical Farm Daily
🇸🇬 SG lab-grown milk maker TurtleTree reports nil revenue in 2023 Deal Street Asia
🇺🇸 Beyond Meat Q2: cost-cutting boosts margins amid continued weak demand for plant-based meat AgFunderNews
🇺🇸 Akua: kelp burger startup winds down amid wider plant-based industry headwinds Green Queen
🇺🇸 Olon ups ante in animal-free dairy litigation: Perfect Day was ‘atrocious business partner’ AgFunderNews
🇺🇸 Presto Automation delisted from Nasdaq Restaurant Dive