This week Scottish startup uFraction8 raised a $4.3 million seed round to expand microfluidics-based tech for bioprocessing, Prosus announced a $4.3 billion plan to acquire Just Eat Takeaway.com, and carbon credits platform Arbonics partnered with Treebula to launch in Sweden.
Meanwhile French insect ag pioneer Ÿnsect is facing collapse after failing to secure financing under its safeguard plan, and Yamaha unveiled plans to move into the agtech space with the launch of a new company “delivering autonomous equipment and AI-powered digital solutions.”
Startup funding
🇳🇱 Vivici raises $34m to expand animal-free dairy operation, plans move into lactoferrin market AgFunderNews
🇺🇸 Actual Veggies raises $7m series A, anticipates $20m+ revenues in 2025 AgFunderNews
🇬🇧🏴 Scottish uFraction8 closes $4.3m seed funding round Foresight Ventures
M&A, IPOs & partnerships
🇳🇱 Prosus to acquire Just Eat Takeaway.com for $4.3b Prosus
🇯🇵 Yamaha Agriculture, Inc. acquires Robotics Plus and The Yield to enable precision agriculture for growers Business Wire
🇺🇸 Elanco enters agreement with Medgene to commercialize highly pathogenic avian influenza vaccine in dairy cattle PR Newswire
🇸🇪 Carbon credits platform Arbonics partners with Treebula to launch in Sweden Tech.eu
🇺🇸 Nepra foods partners with industry expert to develop proprietary hemp protein for food innovation Access Newswire
🇦🇪🇰🇷 UAE’s Pure Harvest and South Korea’s PlanTFarm partner for AI-powered farming in Abu Dhabi Tech In Asia
Funds, grants & accelerators
🇺🇸 New Consumer Equity Partners fund will let grocers invest in tech startups Grocery Dive
People moves
🇺🇸 Babylon Micro-Farms appoints Marc Oshima as new CEO to scale the business globally Babylon Micro-Farms
🇬🇧 Unilever boss Hein Schumacher to step down after 18 months FoodNavigator
🇺🇸 Impossible Foods adds Chief Demand Officer Alt-Meat
🇦🇺 Majella Campbell takes the Fishburners CEO baton from Martin Karafilis Startup Daily
Other news
🇫🇷 Ÿnsect seeks to enter judicial recovery procedure after recovery plan fails AgFunderNews
🇺🇸 Beyond Meat to lay off 6% of its workforce and suspend operations in China AgFunderNews
🇮🇱 Aleph Farms raised $140 million—but now it’s struggling to survive CTech
🇦🇺 Australia accelerates water buyback program with 100GL/year tender AgriInvestor
🇺🇸 Axiom Foods launches heavy metal-free rice protein for food and beverage applications Vegconomist
🇳🇱 Dutch Structuring Technologies improves accuracy and precision for innovative plant-based protein production process PR Newswire
🇦🇺 Wide Open Agriculture receives approval to sell high-protein lupin isolate to China Small Caps
🇳🇱 Lidl Netherlands expands vegan range and reduces salt content Voedings Industrie
🇩🇪 Rewe Group Unveils Plant Protein Strategy, Calls for Policy Reform Green Queen
The post The Week in AgriFoodTech: uFraction8 bags $4.3m, Prosus to acquire Just Eat, Yamaha enters agtech space appeared first on AgFunderNews.
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Author Samuele Gabbio
