๐ซ๐ทย โย Amatera, a French startup, raised โฌ1.5M for its climate-resistant coffee crops. Through non-GMO breeding technology, it aims to create new varieties much faster than is possible today. Paulig, a Finnish food company, led the round.
๐ฉ๐ช๐ฆ FarmInsect, a German startup, raised โฌ8M to commercialise its modular insect farms for animal feed.
๐ซ๐ทย ๐ย Farmitoo, a French marketplace dedicated to agricultural machinery, raised โฌ2.5M. This is quite lower than the โฌ10M raised two years ago, showing how complicated the funding ecosystem has become.
๐ฉ๐ชย ๐ค GoodBytz, a German startup, raised โฌ12M for its robotic kitchens.
๐บ๐ธย ๐ย Due to diminished consumer demand, ADM, a global food processing and commodities company, has decided to reevaluate its $300M investment plan for expanding alternative protein production.
๐บ๐ธย ๐งโ๐พย Farmers Business Network, a startup that has developed a network to enable farmers to benefit from each other’s data and also a large agricultural marketplace, announced a partnership with ADM. Together, they aim to help farmers to have 2 million acres of US farmland moving to regenerative agriculture.
๐ซ๐ทย ๐น๏ธย My Lovely Planet, a French startup, raised โฌ2M for its crypto-based mobile game that merges fun and environmental consciousness. While not directly โfoodtechโ, we find this interesting as we believe that education (notably on the link between food and climate change) will be key to successfully transitioning to a more sustainable food system.
๐ซ๐ทย ๐ฐ๏ธ CarbonFarm, a French startup, raised โฌ2.5M to commercialise its satellite monitoring solution for rice cultivation.
๐ซ๐ทย ๐ฆ Osiris Agriculture, a French startup, raised โฌ2.15M for its robotics-based irrigation solution.
