This week in the AgriFoodTech sector, Swiss startup Climeworks secured $162 million to expand its carbon capture technology, while Polish company Proteine Resources received $11.2 million to develop an autonomous insect protein facility. In corporate news, Danone acquired a majority stake in the medical nutrition firm Kate Farms, and Del Monte Foods, a 138-year-old company, filed for bankruptcy. Various startups worldwide also attracted significant funding, including Eggoz, Eeki, Neutonic, Loopworm, Cosma, Algocell, Balthazar, and Future Cow. Additionally, notable mergers and partnerships were announced, such as Danone’s acquisition of Kate Farms and collaborations involving companies like Atlantic Natural Foods, VAN HEES, Modern Meadow, and Platform10. In the investment domain, Omnes Capital and Alliance VC raised substantial funds, while Kilter Rural paused its agriculture fund. Meanwhile, Fieldin appointed Iftach Birger as CEO, and Bluemethane deployed a methane-capture unit at a biogas plant. Other news includes TreeDots closing its Malaysian operations, Luckin Coffee entering the U.S. market, and Mö’s significant sales growth in Finland.
What major moves happened this week in the AgriFoodTech sector?
