7 notable deals and things to know this week (2022 – week #50)

๐Ÿ‡ซ๐Ÿ‡ทย  ๐Ÿšœย  Naio Robotics, a French agriculture robotics startup, raised โ‚ฌ32M. Its weeding robots replace a labor-intensive task. Farm robotics may be the most relevant area for robots on the food value chain right now. We observed a surge in the number of deals (and actual deployment in fields) in 2022.

๐Ÿ‡ณ๐Ÿ‡ดย ๐Ÿššย Oda, a Norwegian grocery delivery startup, raised $150M. This is a downturn (a lower valuation than the previous round), but shows the strength of the โ€œtraditionalโ€ new retailer approach.

๐Ÿ‡จ๐Ÿ‡ฆย  ๐Ÿฅฌย  Good Leaf farms, a Canadian vertical farming startup, raised $150M, notably from McCain.

๐Ÿ‡ง๐Ÿ‡ญย  ๐Ÿฝ๏ธย  Calo, a Bahrain-based startup, raised $13M for its personalised meals delivered at your door. It seems to be targeted at people looking to lose weight or at least donโ€™t eat too many calories with deliveries. We are quite keen on the promise of food personalisation associated with actual food products being delivered and canโ€™t wait for this type of service to become more common.

๐Ÿ‡ธ๐Ÿ‡ชย ๐Ÿถย  PetGood, a Swedish startup, raised $2.8M for its insect-based pet food. If you are interested in petfood, here is our recent mapping and mini-report on the subject.

๐Ÿ‡ฉ๐Ÿ‡ชย  ๐Ÿ‡ซ๐Ÿ‡ทย  ๐Ÿ›๏ธย  Orderlion, a German B2B foodservice marketplace startup, acquired Suppli, a French competitor.

๐Ÿ‡บ๐Ÿ‡ธย  ๐Ÿ‡ฎ๐Ÿ‡ณย ๐Ÿฅ›ย Perfect Day, the US-based precision fermentation startup with already multiple products on the market, just announced two big news. First, it received regulatory approval in India. Then, it acquired a large gelatin manufacturer (in India, too), which will help it to double its production. We can safely bet that 2023 will be a big year for precision fermentation.

๐Ÿšš The (new) future of grocery delivery
๐Ÿ‡ฎ๐Ÿ‡ฑ FoodTech in Isreal: get your hands on the best startups

Leave a Reply