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Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.
Vistry unveils conversational AI platform LumoChat for food commerce
Vistry has announced the launch of its Conversational AI platform, LumoChat.
Plug and Play Alberta announces 73 startups for Fall cohort accelerator programs
Plug and Play Alberta has announced 73 startups for the Fall cohort.
Lumi secures seed funding to revolutionize disposable packaging industry with LumiCup
Lumi announced the closing of its seed funding round.
50 African women to benefit from fellowship on agri food policies
The two-year career development program aims to grow a pool of confident and capable mid-career African women to lead policy changes to improve African smallholders’ livelihoods, particularly women.
Glasgow food tech startup ENOUGH raises €40m growth fund to scale mycoprotein production
Glasgow-based food tech startup ENOUGH has raised €40m in growth funding.
D'Amelio Brands announces $5m investment into the Food & Beverage space
D'Amelio Brands announced a $5m investment from Fifth Growth Fund (FGF).
UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Clean Food Group has announced a further £2.3m funding.
UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Clean Food Group has announced a strategic collaboration with Alianza Team.
Cultivated meat startup Meatable raises $35m to accelerate commercial launch of its pork products
Meatable has raised $35m in new funding.
Copenhagen startup Bactolife raises €30m Series A financing to accelerate growth
Bactolife announced it has successfully raised €>30 million.
Supply Change Capital closes debut $40m fund to invest in the future of food
Supply Change Capital announced the close of its inaugural $40 million fund.
Kenyan households bet on food MSEs for affordable meals
An estimated 60 per cent of rural and urban Kenyan households access their daily meals from micro/small enterprises (MSEs) at local markets.
Denver-based foodtech startup bitewell closes oversubscribed $4m seed round
bitewell announced an oversubscribed close of $4 million seed round.
Kenyan agritech startup Kyosk acquires KwikBasket, expands into fresh produce market
Kenyan agritech startup Kyosk, is expanding into the African fresh produce market.
NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.
Foodtech startup PartnerSlate raises $4m from to accelerate growth
PartnerSlate has raised $4 million round led by Supply Change Capital.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
Wicked Kitchen acquires Current Foods to lead the way in plant-based industry transformation
Wicked Kitchen announced the acquisition of Current Foods.
G.O.A.T. Fuel closes $5m seed round to accelerate growth trajectory
G.O.A.T. Fuel announced the successful closing on its initial Series Seed round of financing.
Absa acquires minority stake in South African agritech startup Khula!
Absa Bank has acquired a minority stake in South African agritech startup, Khula!
Singapore-based tech-enabled coffee chain Flash Coffee extends Series B round to $50m
Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of $50 million following its latest closing.
Nigerian cold-chain startup Gricd rebrands as Figorr, secures $1.5m seed funding to support data-driven insurance for perishable goods in Africa
Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5m seed funding.
Start-Up Nation Central collaborates with Microsoft to promote Israeli agri-food tech startups
Start-Up Nation Central has collaborated with Microsoft to promote Israeli agri-food tech startups in the international marketplace.
Dairy Runway program launches to provide education and support for early-stage dairy innovators
Cornell University's Center for Regional Economic Advancement (CREA) and the Northeast Dairy Foods Research Center have launched the Dairy Runway program, an entrepreneurship curriculum for dairy innovators.
GRASP fellowship invests in African women researchers
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners
Korean foodtech startup Nuvilab selected to join Google for Startups Accelerator: Circular Economy
Korean food-scanning startup Nuvilab was selected to be the only Korean startup among hundreds of candidates to join "Google for Startups Accelerator: Circular Economy".
Chinese Venture Capital firm CCV signs UNPRI, makes commitment to responsible, sustainable living
The United Nations-supported Principles for Responsible Investment (UNPRI) has admitted CCV, an Asian-based early-stage VC firm as a signatory, making CCV one of the first Asian investment-focused signatories.
Food industry disruptor ISH launches plant-based seafood to U.S. foodservice companies with Dot Foods
The ISH Company (IHS), a startup disrupting the food industry, has entered a strategic, non-exclusive distribution agreement with Dot Foods, to expand its distribution across the U.S.
Biotech startup Chromologics completes €7.1m funding round to accelerate natural red color production through precision fermentation
Chromologics, the Danish biotech company, announced the successful closure of an extended seed round of an additional €7.1 million in equity.
Sustainable hemp food startup announces first expansion into the non-dairy dessert category
Planet Based Foods, the first and only company to produce nutritious plant-based meat with sustainable hemp as its number one ingredient, announced its expansion into the non-dairy frozen dessert category.
Renewable energy startup PAM Africa launches first ever net zero villages in Nigeria
PAM Africa, a Nigerian renewable energy startup has launched Net-Zero Villages (NZVs) consisting of a community that is designed with a whole system thinking approach to offset more greenhouse gases (GHG) than it produces.
Elgon Kenya partners with Ministry of Agriculture to reward young farmers
Agro input company Elgon Kenya has partnered with the Ministry of Agriculture and the Ministry of Education to reward pupils and their teachers for participating in food production in a wider scheme that seeks to motivate school going children into farming.
[Interview] David Galadima, Founder, Graemoh Foods, Nigeria
Passionate about sustainable agriculture, aquaculture and food security in Africa, David Galadima is the Founder of fast growing agriculture and processing company, Graemoh Foods, operating out of the northern state of Kaduna, Nigeria.
Agritech startup IngredientWerks announces successful completion of seed round funding
IngredientWerks, an ag-tech ingredient company developing high value plant-based proteins for the alternative protein markets, announced it has secured its seed round of funding.
Swiss startup Taurus raises $65m to further develop its digital asset platform, fuel international expansion
Taurus, the digital asset infrastructure provider for financial institutions in Europe, announced a $65 million Series B capital raise from strategic investors.
Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.
Israeli foodtech startup Meala secures $1.9m pre-seed round to improve plant-based foods
Startup Meala FoodTech, the developer of a functional protein platform, announced the close of $1.9 million in pre-seed investment. The round was led by The Kitchen FoodTech Hub.
South African grocery delivery startup Yebo Fresh raises 4.5m pre-Series A funding to fuel expansion
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.
Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.
Raven Indigenous Capital Partners closes $100m venture capital fund to support native American entrepreneurs
Raven Indigenous Capital Partners announced the final closing of a $100 million Indigenous venture capital fund that provides patient capital and a culturally grounded community of support.
[Startup Interview] Don Okoth, General Manager, Sendy, Kenya
Don Okoth is General Manager for Kenyan Fulfillment and Logistics startup Sendy. In this interview, he talks about the current state of logistics in Kenya and beyond, including Sendy's role in shaping the industry.
Hatchfi launches out of beta, raises $1.2m pre-seed to enable fintech apps bridge the gap to Web3
Hatchfi, a crypto integration platform that allows users to seamlessly connect crypto accounts to any app like they would a bank account, launched out of beta on the heels of a $1.2 million pre-seed raise.
Adenia Partners announces $300m first close for fund V
Adenia Partners , a private markets investment firm committed to responsible investing and a sustainable Africa, has announced the first close of its fifth flagship fund, Adenia Capital (V) L.P. with $300 million commitments from investors.
Kenyan healthtech startup Zuri Health raises funding to expand across Africa
Kenyan healthtech startup Zuri Health announced it has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to support Zuri’s growth and expansion across Africa.
Fulcrum Venture announces fifth cohort of its accelerator program
After reviewing hundreds of startups, Fulcrum Venture Accelerator, the startup accelerator for mission-driven entrepreneurs, announced its fifth cohort of promising young companies set to graduate in March 2023.
Startup Genome partners with Endeavor to research the Detroit region's entrepreneurial ecosystem
Startup Genome and Endeavor are working together to study and support the Detroit region's entrepreneurial and innovation ecosystem development.
Climate finance trading platform Senken raises $7.5m to streamline and expand carbon markets offerings
Senken, the climate finance trading platform of on-chain carbon credits, announced it has raised $7.5 million in new funding, the most significant capital raise in its industry, led by Obvious Ventures.
Swedish AI startup Viking Analytics raises more than €3m Series A funding for global expansion
Viking Analytics, a Swedish startup developing AI-based machine health monitoring technology, announced the closing of its Series A round, co-led by Belgium-based Finindus and Sweden-based Industrifonden.
Free From Market raises $2.1m seed round for its food is medicine platform to treat chronic health conditions
Free From Market (FFM), the patient-driven digital platform, announced it has closed a $2.1 million seed investment.
Las Vegas startup Roots Homes raises $2.2m to make homeownership easy for Millennials and Gen Z
Roots Homes, the Las Vegas-based startup pioneering fractional homeownership, announced a $2.2 million funding round led by Other Ventures, with participation from Behind Genius Ventures.
European digital asset platform Bitpanda launches SaaS product for banks, fintechs
Bitpanda, a European digital asset platform, announced the launch of Bitpanda Technology Solutions, the most scalable Investing-as a-service infrastructure available in Europe and globally.
Nordics-focused LP firm Monterro announces final close of small-cap fund at €150m hard cap
Monterro, the Nordic B2B software investor, announced the final close of Monterro G1 at its €150m hard cap, including a 24% GP commitment.
Mobility startup BasiGo and AVA to assemble 1,000 electric buses in Kenya
BasiGo, the Kenyan-based electric manufacturer has partnered with the Associated Vehicle Assemblers (AVA), to assemble its buses in the country.
Pegasus Tech Ventures launches $100m fund with Japanese chemicals and life science company Denka
Pegasus Tech Ventures (Pegasus), a global venture capital firm that is headquartered in the Silicon Valley, has established a $100 million corporate venture capital fund with Denka.
Battery recycling startup Redivivus receives funding from ENEOS Innovation Partners to accelerate growth
Redivivus, a lithium-ion battery recycling startup, announced an investment from ENEOS Innovation Partners, a corporate venture capital firm committed to delivering new energy, materials, and services.
Catalyst Fund invests $2m in 10 startups to improve resilience to climate change in Africa
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund, announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa.
Sustainable mobility startup eWAKA receives 500K CHF loan to accelerate growth
eWAKA, one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation.
Irish agritech startup Proveye secures €1m seed funding to accelerate growth
Irish agritech startup Proveye, a pioneer in remote sensing image analysis for agriculture, announced the closing of €1 million seed funding round to advance the company’s growth strategy.
Top 10 digital health startups in 2023 according to Plug and Play
New trends don’t materialize at the start of the year, but it is still a great time to reflect on the past year and see what topics will fill newsfeeds and dominate conversations in the digital health space in 2023.
Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.
HLTH Foundation launches coalition to help integrate health equity standards into healthcare tech and data practices
HLTH Foundation announced the formation of the Techquity for Health Coalition, with a mission to assimilate health equity considerations into healthcare technology innovation and data practices.
Memfault raises $24m Series B funding to supercharge its IoT reliability platform
Memfault, the IoT reliability platform, announced a $24 million Series B funding round, led by Stripes with additional participation from existing investors Partech Partners and Uncork Capital as well as the 5G Open Innovation Lab.
Belgian SMEs management software Odoo opens local office in Australia
Belgian company Odoo, an all-in-one integrated business solution for Small and medium-sized enterprises (SMEs), announced it is setting up shop in Australia.
African tech ecosystem raised $6.5 billion in 2022, report
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital, which reveals that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally.
Sofia-based EV charging platform AMPECO raises $13m Series A funding to expand in the US
AMPECO, a Sofia-based white-label EV charging management software platform, closed a Series A funding round of $13 million led by BMW i Ventures.
RIMAC Seguros joins Plug and Play's health platform in Silicon Valley
RIMAC Seguros, an insurance company in Peru with 3 million customers, has entered into a strategic partnership with Plug and Play Tech Center, the world's corporate innovation platform based in Silicon Valley.
Video AI startup ShortTok appoints Jayan Eledath as CTO to accelerate innovation, drive growth
ShortTok, an early-stage software company developing automated visual storytelling technologies, announced the appointment of Jayan Eledath as the new Chief Technology Officer (CTO) to accelerate innovation and drive growth.
Japan headquartered drone and Urban Air Mobility startup Terra Drone raises $14m funding to accelerate growth
Terra Drone, a drone and Urban Air Mobility (UAM) technology provider, has raised $14 million in funding from Wa'ed Ventures, the venture capital arm of the biggest oil producer in the world, Aramco.
Madrid-based VC firm Mundi Ventures appoints Delfin Rueda as General Partner and CFO
Mundi Ventures, a global venture capital firm investing in early and growth stage technology ventures, announced the addition of Delfin Rueda to the team as General Partner and CFO.
11 African startups selected for Cohort 3 of ASIP Accelerator Program
Eleven African startups have been selected to join the third cohort of the Africa Startup Initiative Program (ASIP). The accelerator program is powered by Startupbootcamp AfriTech together with its founding partner and leading telecom giant, Telecel Group.
Terminal49 secures $6.5m Series A to power ocean freight visibility and automation
Terminal49, the ocean freight visibility platform, announced it has secured $6.5 million in Series A funding led by Stage 2 Capital and co-lead by Grand Venture Partners, with follow-on participation from seed stage investors.
Next-gen employee payments startup Grazzy raises $4.25m to power hospitality's future of digital tips
Grazzy, a next-gen employee payments platform, announced a $4.25 million seed funding from Next Coast Ventures and Tuesday Capital to fuel expansion and growth of its digital tipping.
Business-focused insurtech Coverdash announces launch after oversubscribed seed round
Coverdash, a fully-digital business insurance startup providing simplified insurance solutions to businesses of all shapes and sizes, announced the company's official launch and the closing of an oversubscribed seed funding round.
Oklahoma universities, Tulsa Innovation Labs partner to launch Canopy HealthTech
The University of Oklahoma, University of Tulsa, Oklahoma State University, and Tulsa Innovation Labs, announced the launch of Canopy HealthTech, a new multi-year initiative to accelerate the commercialization of virtual health innovations.
Highland Europe closes €1 billion fund to back growth-stage tech startups
Highland Europe announced it has closed its fifth fund, raising €1 billion to double down on its strategy of backing the Continent’s most outstanding founder-led teams in software and internet businesses.
Bangkok-based healthcare marketplace HD raises $6m funding, launches HDcare service for elective surgeries
Bangkok-based healthcare marketplace HD, announced a $6 million funding to improve accessibility and affordability of healthcare services and elective surgeries in emerging Southeast Asia.
5 key insurance industry trends in EMEA region according to Plug and Play
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.
New startup PinHearts launches in Atlanta, GA
An Atlanta, Georgia-based startup that prints dynamically-generated custom maps commemorating life's special moments announced the official launch of their brand and real-time mapping platform, PinHearts.
Plug and Play China launches call for global startup applications
Global innovation platform Plug and Play has announced a strategic partnership with the Hong Kong Science and Technology Parks Corporation (HKSTP) and launched a call for entries for the Elevator Pitching Competition 2023 (EPiC 2023).
Food Foundry accelerator announces fifth cohort of early-stage foodservice startups
Food Foundry, an accelerator program built by Relish Works and Gordon Food Service for early-stage startups disrupting the food and foodservice industry, announced the five startups that will join the fifth cohort starting in January 2023.
Web3 payments startup SphereOne raises $2.5m to build crypto for grandmas
SphereOne, a crypto payment platform that allows users to make purchases with any cryptocurrency, across any blockchain, announced the closing of a $2.5 million seed round.
German AI-powered road infrastructure SaaS startup vialytics nabs $10m Series A funding to accelerate global expansion
European market AI-powered road infrastructure SaaS startup vialytics has secured a $10 million Series A investment led by venture capital investor Scania Growth Capital.
[Column] Mikhail Marchenko: Major fintech trends that will affect online businesses in 2023
Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the inevitable processes in fintech, changing its landscape completely.
African mobile game publisher Carry1st raises $27m funding round to accelerate growth
African mobile game publisher Carry1st, has raised $27 million in a funding round led by BITKRAFT Ventures, featuring participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.
African startups land deals at European tech events
Seven African tech companies wooed investors, networked and showcased their products at two of the world’s biggest tech gatherings in Europe.
Former CEO of BMW Manufacturing Knudt Flor joins South Carolina startup Delta Bravo
Retired BMW Manufacturing CEO Knudt Flor has been appointed to the newly created advisory board at predictive analytics company Delta Bravo Artificial Intelligence (Delta Bravo AI).
Matchstick Ventures-backed startup Bean emerges from stealth to democratize the market for accounting services
Bean, a Matchstick Ventures-backed digital accounting startup, announced it emerged from stealth to democratize the market for accounting services.
Toronto-based startup Credential Sentry automates occupational license verification to combat negligent hiring and retention
Toronto-based startup Credential Sentry, has developed an advanced data analytics algorithm to streamline the credential verification process for businesses operating in licensed industries.
Swedish solar power startup SunRoof raises €13.5m growth round to expand across Europe and the US
Swedish solar power startup SunRoof announced it has raised €13.5 million growth round extension to bring its pioneering solar roof system to more homeowners worldwide.
Deal Box launches venture arm to invest $125m in foundational Web 3 technologies
Deal Box, a capital markets advisory and secure token offering packaging platform, announced the launch of Deal Box Ventures, a venture arm that will invest $125 million in startups that leverage foundational Web 3 technologies.
YouBiz research reveals key trends and challenges facing Southeast Asian SMEs in 2023
YouBiz, the SME spend management platform by YouTrip, launched its first whitepaper studying emerging business spending trends and key business priorities for SME in 2023.
Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.
Future-of-work platform gigaroo launches out of stealth to transform the service industry employment market
gigaroo, the future-of-work platform that matches service industry employers with relevant Gen-Z job-seekers, announced it has raised multi-million dollar pre-seed round of investment from ATX Venture Partners.
Agritech startup EarthOptics secures $27.6m Series B funding to advance data-driven agriculture through actionable soil insights
EarthOptics, a pioneer in soil measurement and insights, announced a $27.6 million round of funding led by Conti Ventures.
Metaverse development startup Virtualtech Frontier secures seed funding to further develop its Mitoworld platform
Virtualtech Frontier (VTF), a metaverse development company, has secured seed round funding from Blockchain Founders Fund (BFF), joining forces with seed investor 500 Global.
Trackunit acquires German construction tech startup Flexcavo to accelerate growth
Global IoT services provider Trackunit, announced it has closed a deal for Germany's construction tech startup Flexcavo, enabling the telematics specialist to extend its reach in the contractor market.
Tax and accounting solution provider TaxBit acquires digital asset accounting startup Tactic
TaxBit, the tax and accounting provider for the digital asset economy, announced the acquisition of Tactic, a digital asset financial accounting platform that offers a streamlined accounting subledger.
Finance software startup Quartr partners with Lightyear to bring free and easy-to-access company information for investors across Europe
Finance software startup Quartr, signed an API deal with Lightyear, an online broker based in London, serving customers in 20 countries across Europe.
Infant nutrition startup NAMUH partners with Ginkgo Bioworks to produce multiple infant nutrition products
Infant nutrition startup NAMUH and Ginkgo Bioworks, announced a collaboration to develop functional oligosaccharides that are structurally identical to those found in human breast milk.
London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.
Kenyan fintech startup Kwara raises $3m seed extension
Kenyan fintech startup Kwara has raised a $3 million seed extension. The new investment was led by existing backers DOB Equity, Globivest and the founder of Kobalt Music.
Wallet-as-a-service startup MSafe raises $5m seed round to develop multi-signature solutions
MSafe (Momentum Safe), a trailblazer in developing the first multi-signature wallet solution on the Aptos / Move ecosystem, announced the completion of a $5 million seed round.
Herself healthtech startup raises $7m funding, opens first clinic to transform advanced primary care for women
Herself Health, a healthcare technology company designed to deliver advanced primary care to women over 65, received $7million seed round funding led by founding partner Juxtapose.
Italian biotech startup Diamante closes €595K seed round to accelerate growth
Diamante, a female-led Italian biotechnology company focused on the use of plants for producing high value-added molecules, closes €595K as a second seed round led by Arieli Capital.
Latvia-based startup Aerones raises $30m to scale its robot-enabled services globally
Aerones, the Latvia-based robot-enabled wind turbine maintenance and inspection startup, announced it has secured $30 million in growth capital to scale its business globally.
Nigerian fintech firm TeamApt reaches annualized payments volume of $170 billion, rebrands to Moniepoint
TeamApt Incorporated, the business banking platform in Nigeria, has adopted the name of its flagship product - Moniepoint, a testament to its success as the all-in-one digital banking solution for businesses.
AI-powered sales assistant Attention raises $3.1m funding
Attention, the AI-powered sales assistant helping teams overcome inefficiencies at every stage of the sales cycle, announced its $3.1 million funding round led by Eniac Ventures.
Beijing-based Astro-E closes seed round financing to accelerate growth
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.
Terramera creates enrichAg to commercialize transformative soil analysis platform with $6m from At One Ventures
Terramera announced the formation of its new majority-owned subsidiary, enrichAg, which will focus on commercializing its soil enrichment platform. The seed round is led with a $6 million investment from AOV.
Contextual marketing startup Digiphy connects brands directly to customers one scan at a time
Digiphy, a contextual marketing startup is disrupting the status quo by empowering brands to connect directly with customers from every product and physical touchpoint.
French pharma Amolyt raises $138m Series C funding to advance its pipeline of therapeutics
Amolyt Pharma, a global company specialized in developing therapeutic peptides for rare endocrine and related diseases, announced the closing of €130 million Series C equity financing.
Scotland-based healthtech startup PneumoWave raises £7.5m Series A funding to accelerate clinical validation
Scotland-based remote monitoring device startup PneumoWave announced the closing of £7.5 million Series A financing which will enable clinical validation.
Boulder-based startup Hickey Hack develops first ever concealer for hickeys
Hickey Hack, a startup based in Boulder, Colorado, has developed a concealer designed to eliminate hickeys. This is the first time a product like this has ever been created and is a major breakthrough in the cosmetic industry.
Honely partners with NeoZips startup to bring digital U.S. real estate investing tool to the Korean markets
Honely has announced the start of a new partnership with NeoZips, an Irvine startup that provides Korea-based clientele an end-to-end service for investing in American real estate.
Fintech startup PayUp partners with property management software provider ResMan
PayUp, a Rex company, announced it has partnered with ResMan, a property management system that drives profitability and efficiency for nearly a thousand property management companies across the U.S.
Security technology startup receives over $4m for humanitarian support
Secured, a service-disabled veteran owned small business security technology firm, is revolutionizing the field of drone surveillance with the first commercially-available automated AI Object Recognition & Change Detection software.
US-based ServiceNow player Thirdera acquires SilverStorm to expand its business in Europe
Thirdera, the global pure-play provider of workflow-enabled ServiceNow services and solutions, announced it has signed a definitive agreement to acquire SilverStorm Solutions.
Finance software startup Quartr signs deal with Swedish online broker Avanza
Finance software startup Quartr, announced it has passed a significant milestone on its mission to bring the financial community closer together by signing a breakthrough API deal with Sweden's online broker Avanza.
Proptech startup zavvie raises $3.65m funding as consumer change will drive company growth through 2023
Zavvie, a software technology company providing real estate brokerages customized marketplaces for buying and selling solutions, announced the completion of a $3.65 million funding round.
Insurance provider Vouch acquires lending startup Level to scale tech-driven underwriting systems
Vouch, an insurance provider re-thinking business insurance for the technology industry, announced it has acquired lending startup Level and its team of engineers.
Virtualitics named best Los Angeles startup to work for in 2023
Virtualitics, an artificial intelligence and data exploration company, announced it has been named one of the best Los Angeles startups to work for on Built In's 2023 Best Places to Work List.
Healthcare venture capital fundraising and investment remained strong in 2022, SVB reports
SVB released its 12th annual Healthcare Investments and Exits Report which shows venture capital fundraising and investment persisted in 2022.
Dutch healthtech startup Lapsi Health raises $3.7m seed round to accelerate growth
Dutch healthtech startup Lapsi Health announced an oversubscribed $3.7 million seed round to continue its technology development, acquire FDA certification and begin commercialization activities in the USA.
John Deere announces 2023 startup collaborators
Deere & Company has released the names of eight companies chosen for its 2023 Startup Collaborator program.
Techstars Impact Powered by Cox Enterprises announces 2023 class
Techstars Impact Powered by Cox Enterprises announced its 2023 class. The three-month program provides hands-on mentoring, funding, and global connections to 10 for-profit, mission-driven companies.
Philly-based insurtech startup Propeller Bonds raises $6.4m seed funding to accelerate growth
Philly-based insurtech Propeller, announced it has raised $6.4 million in seed funding led by a consortium of industry partners.
Nigerian agritech startup Releaf secures $3.3m pre-Series A funding, unveils new technologies to drive profitability for consumer goods manufacturers
Releaf, a Nigerian agritech startup, has raised $3.3 million in an oversubscribed pre-Series A funding round.
Plesion Capital invests $500,000 funding in Ugandan fintech platform Xeno
Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world.
Italian edtech startup Wyblo acquires college communication platform Clay to scale social learning
Wyblo, an Italian edtech startup creating tech to support the training industry, has acquired Clay, a Berlin-based startup that created a digital tool that helps instructors create a social classroom.
Halodi Robotics leverages Ansys simulation to develop humanoid robots to safely work among people
Halodi Robotics is using Ansys simulation software through the Ansys Startup Program to develop its humanoid robots designed to work among humans in everyday environments.
Embedded connectivity startup Blues Wireless raises $32m to accelerate enterprise adoption of cellular IoT
Embedded connectivity startup Blues Wireless (Blues), announced a $32 million Series A1 funding round led by Positive Sum, including new investors Four Rivers, Northgate, and Qualcomm.
Mendoza Ventures closes $100m early growth fintech fund anchored by Bank of America
Mendoza Ventures, a Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, has achieved a first close on its third fund.
Parisian medical device startup Ganymed Robotics banks additional €15m through Series B extension
Ganymed Robotics, the developer of computer vision software and robotics technologies for orthopedic surgeons, announced it has extended its Series B with an additional close of €15 million.
Opsys Tech closes Series C financing round to accelerate production ramp of its automotive-grade true solid-state LiDAR sensors
Opsys Tech, the developer of patented True Solid-State Scanning LiDAR technology, announced the final closing of its Series C financing round.
Taiwanese startup Profet AI closes $5.6m Series A funding round to fuel regional expansion, product development
Profet AI, a Taiwan-based developer of auto machine learning solutions, has raised $5.6 million in a Series A funding round to accelerate its overseas expansion into Japan, Southeast Asia and China.
Wendel invests €15m in Tadaweb to accelerate growth in Europe
Wendel, through its investment arm Wendel Growth, announced it has entered into a definitive agreement to acquire a minority interest of Tadaweb. Wendel will make an equity investment of €15 million to support Tadaweb’s growth.
Aerospace startup Space Kidz India launches satellite with support from Lumina Datamatics
Lumina Datamatics has partnered with Space Kidz India to launch a satellite into outer space. Launched in 2012, Space Kidz India is an aerospace startup designing, developing, and manufacturing small satellites to provide economical and sustainable access.
For women entrepreneurs, the West is the new promised land, report
America's original Westward Expansion was led by entrepreneurs of the day noticing great economic opportunities out of the West. A study by MerchantMaverick.com shows that a new slew of opportunities are appearing in Western states for women entrepreneurs.
New York-based skincare startup Glowbar closes $10m growth capital
Glowbar, the skincare brand whose custom 30-min, $65, clinical-grade facial has made it a breakout success in New York, announced it has received a $10 million growth investment led by Peterson Partners
The Carbon Blockchain expands footprint in Africa with acquisition of Minerva Green
The Carbon Blockchain (TCB), a carbon finance and technology services company that produces high-integrity carbon credits has announced the acquisition of Minerva Green.
Regent Bank names Peter Mullen as Director of Venture and Tech Banking
Regent Bank has named Peter Mullen Director of Venture and Tech Banking, as the migration of talent from traditional innovation hubs like the Bay Area and NYC continues to Midwestern cities.
Indian startup Agaamin launches Web3 in Mauritius
The internet (Web 2.0) as we know is about to be disrupted by the “New Internet”, Web3.0 - also known as the dWeb (Decentralized Web). One of the fundamental building blocks of the internet is its “namespace”.
EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
EG Capital, a growth-oriented private equity impact firm has announced the anchor closing of its first EG-Economic Empowerment Fund LP (EG-EEF), which will invest in medium-sized businesses.
Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.
Israeli foodtech startup ChickP raises dairy-free ice cream to new heights
ChickP Protein, a food-tech startup, has introduced chickpea protein isolate for plant-based ice cream. Protein from this ancient crop zeroes in on the non-dairy category to make a tasty plant-based frozen dessert.
Beverage startup Hangobi raises capital on StartEngine to accelerate growth
Beverage startup Hangobi announced it is raising capital on SearchEngine to expand its footprint beyond NYC, bringing its healthy drinks to the masses.
Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.
Ultra-convenient healthy meals startup Proper Good closes seed funding to bring absurdly delicious products
PROPER GOOD, an ultra-convenient home-delivered food service company that offers nutritious prepared meals made with simple and high quality ingredients, announced the closing of $3.5 million in seed funding.
Chef-led startup meez raises $11.5m to place recipes at the heart of hospitality
meez, the first-of-its-kind digital professional recipe tool, announced it has closed a $11.5 million Series A funding round led by Craft Ventures with participation from Struck Capital.
Vienna-based startup Orderlion raises $4m funding to scale the global B2B food supply chain
Vienna-based startup Orderlion announced the successful closing of $4 million in preSeries A funding, including a mix of equity and debt financing, bringing the total amount of investments raised to $7.5 million since the company’s inception.
Georgia-Pacific, gener8tor welcome third cohort of startups to 1915 Studios gBETA accelerator program
Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program.
BreadBot maker Wilkinson Baking Company raises $3m seed round to accelerate growth
Wilkinson Baking Company (WBC), the creator of world's first fully-automated commercial bread baking robot, announced the close of its fully subscribed $3.0 million seed round.
Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.
Wine cellaring startup InVintory closes first $1.5m fundraise led by its community of wine collectors
InVintory, a wine cellaring platform, announced it has closed a $1.5 million seed round, with a third of the investment contributed by its own users.
Kenyan start-up unveils diabetic friendly cookies
Gerassimos Fourlanos, Founder, Ofelos Limited says, the cookies are targeted to consumers with diabetes or pre-diabetes, along with other medical conditions where blood sugar levels need to be monitored.
Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
French cultivated meat startup Gourmey, that was part of the Big Idea Ventures program’s first cohort, has raised an oversubscribed €48 million Series A.
Fresh Del Monte partners with tech start-Up Decapolis to provide blockchain traceability solutions
The investment is part of Fresh Del Monte’s technology-driven mission to offer best-in-class, innovative solutions for its products and services, and to provide sustainable solutions that other businesses and industries can benefit from.
FNHIC launches to invest $2.5b in startups improving hunger and health outcomes through food
S2G Ventures, Food Systems for the Future and other partners launched the Food, Nutrition and Health Investor Coalition (FNHIC), a call to action to drive $2.5 billion in private investment.
Vendease secures $30m to transform procurement and business operations for restaurants across Africa
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million funding round.
India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
India's integrated platform for fruits and vegetables Sahyadri Farms has raised €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.
Swiss foodtech startup Planted raises €70m Series B funding to accelerate international growth
Swiss foodtech startup Planted, known for its natural biostructured meat made from alternative proteins, announced it has successfully closed its Series B financing round of €70 million.
South African agritech disruptor AgriKool drives down food costs for consumers, increases profits for farmers
AgriKool, a South African e-trading platform, is connecting agricultural producers to buyers to facilitate the sale of products between retailers and farmers.
Francisco-based foodtech startup Lypid partners with Louisa Coffee to bring plant based burger patties
Lypid, a global leader in alternative fat, announced its partnership with Louisa Coffee, the largest coffeehouse company in Taiwan, to serve juicy, meaty plant-based burger patties to over 500 shops nationwide.
Healthtech startup Arise raises over $4m to build inclusive eating disorder treatment and mental health support
Arise, the digital healthcare company enabling comprehensive care for eating disorders, mental health, and long-term healing, has launched after raising over $4 million in a seed funding round.
Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.
Foodtech venture firm Supply Change closes equity investment from Bank of America
Supply Change Capital, a women and Latina powered venture firm investing in early-stage food technology businesses, announced an equity investment from Bank of America.
Oregon-based Dutch Bros raises $2.3m to help end ALS
Dutch Bros, a drive-through coffee chain headquartered in Grants Pass, Oregon, announced that together with its customers, raised a record breaking $2.3 million during its 16th annual Drink One for Dane day.
Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.
Nelson Maina: Taming fertilizer prices to boost food security in Kenya
Kenya’s cost of living has hit unprecedented highs with prices of basic commodities being out of reach for many citizens.
Foodtech startup Haofood partners Lawson to accelerate presence in China
Haofood, a food science and technology startup announced a new partnership with Chinese convenience store Lawson where customers will gain greater access to its products.
Food tech startup Tomorrow Farms raises $8.5m seed round to fuel sustainable food revolution
Tomorrow Farms, a food technology company on a mission to fuel the sustainable food revolution with irresistible food and beverage brands, announced a $8.5 million seed round led by Lowercarbon Capital and additional key investors.
UPSIDE Foods raises a $400m Series C round to commercialize cultivated meat at scale
UPSIDE Foods (formerly Memphis Meats), the company in the cultivated meat, poultry, and seafood industry, announced the close of a $400 million Series C funding round, the largest round in the industry to date.
Plant-based meat startup Nowadays closes $7m seed round to accelerate health-focused chicken
Health-focused plant-based meat company Nowadays closed its oversubscribed Seed round, raising just shy of $10 million to-date to support commercialization of new plant-based chicken innovation.
U.S.-based food tech startup Yo-Kai Express launches autonomous restaurant platform in Japan
Yo-Kai Express, a Silicon Valley-based food tech startup announced the official debut of the Yo-Kai Express autonomous restaurant platform in J.R. East Tokyo.
What Africa requires to attain sustainable and effective food systems
A variety of factors constrain those who are reliant on farming for their livelihoods – particularly smallholders, including women and youth – from stepping up or stepping in to agriculture.
French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.
Plant-based food startup Lypid enters B2B vegan-fat market with $4m seed round to commercialize rich, juicy PhytoFat
Lypid, creator of vegan fats reported to taste and behave like animal fats, announced it has raised a $4 million seed round led by Green Generation Fund with additional support from Big Idea Ventures.
Food startup Next Gen Foods debuts TiNDLE in the U.S., announces $100m Series A funding round
Food startup Next Gen Foods announced its first product TiNDLE, now available in a range of iconic restaurants across the East and West Coasts in some of the country's leading "foodie" cities.
Kenyan foodtech startup Kune starts commercial operations in Nairobi
Kenyan foodtech startup Kune has officially launched commercial operations with four meal hubs located in strategic locations in Nairobi.
CA-based foodtech startup Yali Bio raises $3.9m seed round to advance plant based cultured fat production
Yali Bio, a CA-based foodtech startup focused on designer fats for plant-based meat and dairy products announced today it has raised a $3.9 million seed round, bringing their total funding to $5 million.
Israeli foodtech startup Plantish unveils whole-cut plant-based salmon fillets
Israeli foodtech startup Plantish is giving consumers a first look at its flagship product, a 100% plant-based whole-cut salmon fillet, which mimics cooked salmon in texture, taste, appearance and structure.
Irish digital food-ordering startup Flipdish raises €87m funding to transform digital consumer experience in hospitality
Irish digital food-ordering platform Flipdish has become the State’s fifth official home-grown tech unicorn following a new €87 million investment led by global technology company Tencent and Tiger Global.
Israeli foodtech startup Future Meat raises $347 million funding to bolster position in cultivated meat industry
Future Meat Technologies, an Israeli startup developing innovative technology to produce cultivated meat, has announced that it has raised $347 million in Series B round of financing.
African scientists make a case for home grown research on continent’s food systems
A storytelling event organized by African Women in Agricultural Research and Development (AWARD), saw four accomplished African researchers working on agriculture and food security share their personal journeys in agricultural research, and discuss how they are working to transform farming on the continent.
REEF acquires foodtech Startup 2ndKitchen
REEF and 2ndKitchen’s existing businesses will be combined under the REEF brand, and will operate under REEF’s Hospitality division.
Estonian startup Gelatex raises €1.2m seed round for affordable and scalable manufactured cell-cultured meat
Estonian startup Gelatex announced it raised €1.2m seed round for affordable and scalable manufactured cell-cultured meat, making it cheaper than ever.
Kigali-based agriculture startup AflaSight, partners launch innovative projects to improve maize quality in Rwanda
The World Food Programme, IFC, Kigali-based agriculture startup AflaSight, and research firm Vanguard Economics launched innovative projects to help farmers and grain traders reduce the prevalence of aflatoxins in crops and grains in Rwanda.
Israeli foodtech startup Imagindairy closes $13m seed round to advance animal-free dairy
Imagindairy, a foodtech company creating milk proteins identical to those from cows, announced completion of a $13 milion seed round, led by MoreVC, a leading seed stage investor in Israel managing $275 million across three funds.
US startup Impossible Foods expands into Australia and New Zealand
California-based Impossible Foods has arrived in Australia and New Zealand, marking the company’s third and fourth international market launches in 14 months.
Healthy dog food delivery startup, Dog Standards, launches in Canada
The company will be one of the first of its kind in Canada to offer human-grade, vet-developed and preservative-free dog food direct-to-consumers across the country.
Tony Elumelu Foundation targets 5,000 African SMEs with entrepreneurship training and funding
The Tony Elumelu Foundation (TEF), the philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,949 entrepreneurs from across Africa for its 2021 Entrepreneurship Programme.
P&G Ventures invites entries for its next Innovation Challenge
P&G Ventures, the early-stage startup studio within Procter & Gamble, announced the call for entries for its next Innovation Challenge.
Biotech startup Shiru closes $17m Series A to develop novel plant-based food ingredients
Shiru, a biotech startup that identifies and creates novel plant-based ingredients for the global food industry, closed a $17 million Series A round led by S2G Ventures and joined by returning investors Lux Capital, CPT Capital, Y Combinator, and Emles Venture Partners.
Female-founded winery startup BOXT raises $9.35m to expand luxury brand of fine wine offerings
BOXT, the female-founded, direct-to-consumer winery, announced it has raised $9.35 million in equity and debt funding to drive the continued expansion of its luxury brand of fine wine offerings.
Start-Up Nation Central signs MoU with TiE to boost technological innovation of Israeli and Indian startups
Israeli not-for-profit Start-Up Nation Central signed a Memorandum of Understanding with TiE to achieve full implementation of sustainable Israeli and Indian technologies in the foodtech sector.
Industrial automation startup Agtonomy launches out of stealth to address farm labor crisis with $4m seed round
Agtonomy, a hybrid autonomy and tele-assist service platform, launched out of stealth and announced a $4 million seed round from Grit Ventures, GV (formerly Google Ventures), and Village Global.
Plant-based food startup immi raises $3.8m seed funding to modernize instant ramen
immi, the better-for-you Asian American food brand that launched the world's first low-carb, high-protein, 100% plant-based instant ramen during the pandemic, announced a $3.8 million seed round fundraise led by Siddhi Capital.
Nigerian agritech startup Releaf secures $4.2m funding to drive industrialisation of food processing in Africa
Nigeria's agritech startup Releaf, which develops proprietary hardware and software solutions to industrialize food processing, raised $2.7 million in seed funding and grants.
Organic food startup Teatis closes seed funding round to advance production and marketing in the U.S.
Teatis, makers of superfood powders for diabetic consumers, announces the close of its seed funding round. The science-backed brand that specializes in sugar-blocking teas accrued $700,000 from various high-power angel investors.
Kenyan female entrepreneurs embrace digital platforms to power operations
A group of trailblazing Kenyan women are carving their own paths to success. From doctors to content creators, they are using the power of online platforms to amplify their voices and help others flourish.
Canadian plant-based food innovation startup TMRW Foods raises $2.6m in seed round funding
TMRW Foods, the growing Canadian plant-based food innovation company, announced a seed round investment of $2.6 million.
Foodtech startup GrubMarket acquires Bartolotta, further expands in Eastern US and Canada
Food technology startup GrubMarket announced it has completed the acquisition of Bartolotta, a full-service provider of fresh fruits and vegetables to customers in New England, the Mid-Atlantic and Eastern Canada.
Egyptian B2B e-commerce startup MaxAB acquires distribution platform WaystoCap
MaxAB, Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers with suppliers across Africa.
Oregon-based startup Marwall launches LunchPod to change how Americans go out to eat
Oregon-based startup Marwall LLC is releasing the LunchPod, a stainless steel insulated lunch box with custom utensils and a removable, collapsible silicone to-go container with the goal of changing how Americans go out to eat.
Nobell Foods startup raises $75m Series B to introduce cheese made from plants
Nobell Foods startup announced it has raised $75 million to introduce delicious cheeses made from plant-derived dairy proteins, supporting its larger mission of creating a radically more humane and sustainable food system.
UN announces 50 best small business winners providing “Good Food for All”
Fifty small- and medium-sized enterprises around the world have been announced as the Best Small Businesses of the “Good Food for All” competition, held in conjunction with the UN Food Systems Summit.
AI startup LLENA (AI) partners with Southern University to support (USDA/NIFA) Agriculture and Food Research Initiative
LLENA (AI) Health Solutions, announced a partnership with Southern University in Baton Rouge, Louisiana to support their "Center of Excellence for Nutrition, Health, Wellness, and Quality of Life" initiative to address diet-related health disparities.
Food and beverage tech startup Botrista closes $10m Series A to make craft beverages accessible via robotic automation
Botrista Technology, a company revolutionizing the beverage industry with the Botrista DrinkBot, announced it has raised $10 million in a Series A funding.
Israeli foodtech startup Better Juice raises $8m in seed funding
Israeli foodtech startup Better Juice, the first company to reduce all sugars from natural juices, announced it has raised $8 million in seed-round investment.
Sustainability-focused pet care startup Petaluma launches plant-based diet for dogs
Petaluma, Inc., a pet care startup focused on sustainability, launched the world's first baked and plant-based formula for adult dogs of all breeds. The company's mission is to offer environmentally responsible diets that meet 100% of a dog's nutritional requirements.
Food startup OZO expands plant-based proteins to international retail starting in Canada
Planterra Foods, an innovative plant-based protein startup based in Colorado, announced a supply agreement with UNFI Canada, a subsidiary of UNFI, the largest publicly traded grocery distributor in North America.
Cirona Labs startup raises $1.5m in oversubscribed seed round for expansion
Cirona Labs, a premier innovator in cannabinoids and other functional botanical ingredient manufacturing, announced that it closed an oversubscribed $1.5 million seed round led by LiDestri Food & Drink, BevSource, and Sweetener Supply.
The UN Food Systems Best Small Business competition: Startups time to shine
Small businesses around the world that help provide healthy food that is good for the environment, good for their communities and create jobs for people locally are being invited to share ideas and suggestions for how their countries and economies can maximize their positive impact.
On-demand delivery management startup Cartwheel raises $1m seed round to accelerate growth
Cartwheel, an on-demand delivery management platform for restaurants and retailers, announced it has raised a $1 million seed round led by TenOneTen Ventures with participation from Act One Ventures and Portillo's Hot Dogs,
UN launches hunt for startups and enterprises changing the face of food systems
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.
Rice sector players set for conference on boosting research and inclusivity
Rice sector players in sub-Saharan Africa and Asia are set to lead discussions on accelerating progress in rice research & development, inclusive markets & value chains.
The Batchery introduces next wave of innovative startups in Berkeley, California
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.
Foodtech startup GrubMarket acquires Vaccaro & Sons to expand to St. Louis, Missouri
San Francisco-based food technology startup GrubMarket announced it has completed the acquisition of Vaccaro & Sons in St. Louis, Missouri.
UN targets startups transforming food systems in new competition
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.
U.S.-based food tech startup Yo-Kai Express expands partnerships with Japan
While restaurants and small businesses everywhere have struggled to survive the pandemic, U.S.-based foodtech startup Yo-Kai Express (YKE) has leveraged its technology and ideas to evolve and transform its business models to broader platforms.
SWARM Engineering startup raises $2.7m in seed funding led by S2G Ventures and Serra Ventures
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.
Silicon Valley startup Chef Avenue crosses 1000% of its funding goal in 8 days
Chef Avenue, an inspiring startup at the forefront of the design of modernized, high-performance cookware, is currently riding the wave of a wildly successful Kickstarter campaign for its first product, Omnipan.
Grow-NY startup business competition kicks off year 3
The application window for the 2021 Grow-NY million-dollar top prize business competition is now open for submissions. Grow-NY, a unique initiative which connects innovators and investors in the food, beverage and agriculture.
iFoodDS closes $15m in growth funding led by scaleup investor Insight Partners
iFoodDS, provider of food safety, traceability, and quality management solutions for the fresh food supply chain, announced the close of a $15 million Series A funding round led by Insight Partners.
VERSO Capital successfully closes series seed in NITRO Beverage
VERSO Capital, the Luxembourg-based boutique merchant banking and financial services firm, announced the successful closing of a series seed in Nitro Beverage Inc.
Dog food startup KetoNatural Pet Foods raises $2m in seed financing transaction
KetoNatural Pet Foods, a pet food startup founded by companion animal nutrition author and activist Daniel Schulof, announced the closing of a $2 million seed financing transaction led by Chicago-based fund Corazon Capital.
Plug and Play announces 98 startups for its Spring 2021 Batches
Plug and Play has accepted 98 startups into its Spring 2021 Batches. Startups have been selected for one of the following programs that run through May: Brand & Retail, Food & Beverage, Media & Advertising, New Materials & Packaging, Supply Chain, or Sustainability.
Lux Research names top food and agriculture startups of 2020
In recent years, the majority of growth in the food and beverage industry has gone to companies outside the top 20 players, with smaller and more agile brands capitalizing on the demand for personalized products.
Tech startup DineSafe offers new tools for restaurants and consumers alike
A new platform DineSafe, is helping individual restaurants show potential customers the many ways they're keeping customers and employees safe.
Plant-based meat startup New Age Meats announces $2m in seed extension prior to Series A
New Age Meats (NAM), a cultivated and plant-based meat startup in Berkeley, CA with an initial focus on pork, announced an additional $2 million in Seed extension, adding to funds raised post-Seed announced late last year.
Food Tech Studio - Bites! unveils 85 startups from across the world to participate in its innovation program
Scrum Ventures announced the list of startups chosen to participate in its Food Tech Studio - Bites!, a global program aimed to solve the key challenges plaguing our food supply chain today, including (but not limited to) safety, waste reduction, and health.
Canadian tech startup Vegano disrupts meal-kit delivery services market
Vegano, Canada's first plant-based meal-kit delivery service, is helping Canadians take plant-based living beyond Veganuary. Following its official launch on January 4, 2021, Vegano has delivered over 800 meals.
Agritech startup Bear Flag Robotics raises $7.9m seed extension round
Bear Flag Robotics announced a $7.9 million seed extension funding round led by True Ventures. The Silicon Valley-based agritech company is developing autonomous technology for farm tractors, which enables growers to increase productivity.
Food and beverage analyst Bryan Hunt joins Relevance Ventures as Senior Investment Manager
Relevance Ventures, the Native American privately owned and operated venture capital firm, announced that Bryan Hunt, a Chartered Financial Analyst (CFA), is joining the firm as a Senior Investment Manager.
Indian food and grocery e-commerce startup Jumbotail secures $14.2m Series B3 funding from VII Ventures
India's food and grocery e-commerce and new retail platform Jumbotail secured a $14.2 million Series B3 funding from VII Ventures (Seven Ventures).
Food-tech startup CookUnity secures $15.5m in Series A funding for expansion
CookUnity, the Brooklyn-based food-tech company that introduced the first direct Chef-to-Consumer meal subscription platform, announced the closing of a $15.5 million Series A investment round.
Delivery Hero launches venture capital fund to drive innovation in food delivery
Delivery Hero, the world’s delivery platform, has announced the launch of DX Ventures, an independently managed early-stage venture capital fund with a focus on investing in disruptive founder-led companies.
Gut-health nutrition startup Muniq raises $8.2m Series A investment round
Muniq, the innovative consumer health and food-tech brand created by Marc Washington, founder and CEO of Uplifting Results Labs, announced the closing of a $8.2 million Series A investment round.
New Wave Foods completes $18m Series A financing to focus on plant based Shrimp and sustainable shellfish
New Wave Foods announced the completion of $18 million Series A round of financing, led by New Enterprise Associates (NEA) along with Evolution VC Partners, as well as other new and existing investors.
Peels Citrus CBD startup secures $4m Investment from KarpReilly
CBD startup Citrus CBD Industries (Peels), launched the first nationwide CBD brand made from oranges led by Founder & CEO Chris Hetherington.
Biotech startup TurtleTree Labs raises $6.2m in Pre-A funding round
TurtleTree Labs, a biotech company pioneering the method to produce milk using cell-based technology, announced the close of an oversubscribed $6.2 million Pre-A funding round from new and existing global investors.
Plug and Play launches new office in Chicago, Illinois
Global innovation platform, Plug and Play, announced its newest location in Chicago, Illinois, to focus on connecting startups, corporations, and investors working on innovating the food and beverage industry.
Nigerian logistics startup Kobo360, IFC invite for innovative cooling solution projects in Nigeria
IFC, a member of the World Bank Group, in partnership with Kobo360, an African digital logistics platform, announced an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria.
Nili Capital Partners acquires fresh produce packaging startup StePac
Fresh produce packaging specialists StePac L.A., Ltd. has been acquired by Nili Capital Partners, an Israeli private equity fund.
Pet supply startup Petpal raises capital via equity crowdfunding to expand e-Commerce operations in India
Pet supply startup Petpal has developed a one-stop platform for pet owners to get the food, medicine, and accessories they need to keep their pets happy and healthy.
Food & beverage e-commerce startup Feast & Fettle raises $1.2m to expand into Massachusetts and Connecticut
Feast & Fettle, a premium, fully-prepared meal delivery service based out of Rhode Island, announced the closing of a $1.2 million Seed round led by Salem Capital Management.
Mondelēz International invests in Israel foodtech startup Torr
SnackFutures, Mondelēz International’s innovation and venture hub dedicated to unlocking emerging snacking opportunities around the world, has made a seed investment in Torr, an early stage Israeli Foodtech Company.
Dairy snack startups compete for $200,000 in Real California Milk Snackcelerator
Ice cream infused with vegetables, to-go premium cheese snacks, decadent chocolate mousse and flavored paneer make up the finalists announced in the Real California Milk Snackcelerator product innovation competition.
Peer-to-peer solar leasing startup Sun Exchange announces African expansion in Zimbabwe
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.
Chicago startup qReveal launches affordable QR code menu and price list solution
Responding to the challenging scene of a myriad of health and safety protocols facing restaurants and other businesses, Chicago startup qReveal has launched a platform that builds easy to use QR code menus and price lists.
Dutch foodtech startup The Protein Brewery raises €22 million for expansion
The Protein Brewery, a Netherlands innovative developer of protein-rich food ingredients has announced that it has raised a €22 million Series A investment, bringing its total funding to date to € 26 million.
Next-generation consumer products startup The Naked Market closes $6m seed funding round
The Naked Market, San Francisco-based CPG brand, has closed $6 million seed funding round, with participation from several investors.
Nestlé USA acquires food delivery startup Freshly
Nestlé announced it has acquired food delivery startup Freshly, fresh-prepared meal delivery services in the U.S. The deal values Freshly at $950 million, with potential earnouts up to $550 million contingent to the successful growth of the business.
Toyota AI Ventures invests in Canadian robotic kitchen startup YPC Technologies
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.
Lunchbox partners with Sodexo and Kiwibot for contactless food delivery
Lunchbox, has partnerered with Sodexo and delivery robot startup Kiwibot, to facilitate autonomous and contactless food delivery across the University of Denver (UD) for students.
Rabobank unveils 45 food & agriculture startups selected for FoodBytes! Pitch 2020
Rabobank unveiled the 45 startups selected to participate in FoodBytes! Pitch 2020, its global food and ag startup discovery program that helps entrepreneurs scale their impact through mentorship and connections to corporate leaders and investors.
French baby food startup Yooji raises €7.5 million funding to boost operations
French-based baby-food company Yooji has secured €7.5 million funding to make highly nutritional and sustainable baby food easily accessible to parents.
S2G Ventures, CDPQ announce funding for startups in sustainable food business
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.
Scrum Ventures launches Food Tech Studio - Bites!
Scrum Ventures announced the launch of Food Tech Studio - Bites!, a global community of stage-agnostic startups who share a common vision of solving key challenges plaguing food supply chain.
Dutch food tech startup Mosa Meat receives $55 million to expand operations
Mosa Meat, a Dutch food technology startup which introduced the world’s first cultured beef hamburger in 2013, announced the first closing of $55 million as part of a larger Series B funding round.
German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.
Delivery Hero buys Glovo’s Latin America operations at $272 million
Delivery Hero, the world’s local delivery platform, has entered into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to €230 million.
Cellular agriculture startup Wildtype launches salmon in sushi restaurants
Cellular agriculture startup Wildtype has unveiled its latest cell-based salmon. This version is "sushi-grade" and crafted with the sushi industry's favorite raw salmon applications in mind.
Chromologics raises €1.9m seed round to accelerate development of fermentation-derived next generation food colorants
Chromologics, which is developing innovative natural food colorants, announced it has raised €1.9 million in seed financing led by Novo Seeds and supported by Nordic FoodTech VC and Vækstfonden.
On-demand grocery startup Weee raises $35 million to accelerate expansion
Asian e-grocer in the United States, Weee!, has announced $35 million in Series C financing led by DST Global; bringing the total capital raised to over $100 million.
102 startups selected for Plug and Play's fall 2020 batches
Silicon Valley headquartered global innovation platform Plug and Play has announced the selection of 102 new startups into its fall 2020 batches.
Tanzania startup tackles hidden hunger with bio fortified foods
An upsurge in cases of malnutrition among children in rural Tanzania, combined with the issue of poor markets for farmers, inspired Jolenta Joseph to venture into the nutrition business in 2017.
Kenyan women and youth agritech startups invited to apply for $100k FoodTech Africa accelerator
Kenyan youth and women-led agribusinesses have been awarded an opportunity to access $100,000 as investment for their companies through the FoodTech Africa accelerator.
Impossible Foods raises $200 million financing to fund retail expansion
Impossible Foods Inc. has announced it has secured $200 million in its latest funding round, led by new investor Coatue.
US startup Atomo Coffee raises $9m to bring molecular coffee to the market
Seattle based startup Atomo Coffee announced it has closed an additional $9 million in Seed funding to bring its molecular coffee to market.
[Startup Interview] Tracy Mapfumo, CEO, Eny's Treats, Zimbabwe
Eny's Treats, a startup based in Zimbabwe, manufactures seed-based gluten free snacks that are topped up with natural and unrefined sweeteners for the upmarket urban health-conscious consumers. The startup’s CEO Tracy Mapfumo elaborates.
Seattle based startup Minnow raises $2.2 million to meet demand for contact free pickup solution
Minnow Technologies, a Seattle based IoT startup that has developed a contact free food delivery and pickup solution has raised $2.2 million in an oversubscribed seed round.
Joywell Foods secures $6.9 million to grow its sweet protein portfolio
Joywell Foods, a food technology company developing a sweet protein portfolio, has announced the closing of a $6.9 million Series A financing round.
US startup Crowd Cow expands product offerings amid pandemic
Crowd Cow, a US marketplace for high quality craft beef, meat and seafood has expanded product offerings that would normally only be available at high end restaurants.
[Startup Interview] Ian Sendagala, CEO, eFoods Trade, Uganda
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.
GreenTec Capital invests in Nigerian wholesale e-commerce startup Pricepally
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.
Uber acquires food delivery startup Postmates for $2.65 billion
Uber has announced that it will acquire US on-demand food delivery startup Postmates for approximately $2.65 billion in an all-stock transaction.
Greenlight Biosciences secures $102 million financing to expand agriculture and life sciences applications research
GreenLight Biosciences has raised an oversubscribed $102 million round of funding from new and existing investors to rapidly expand production of its RNA products for agricultural and life sciences applications.
Naspers Foundry invests R100 million in South African agri-tech startup, Aerobotics
Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here