The network of indoor farms will use the Square Roots IP and modular farming platform to grow specialty crops.

Instant noodles giant Monde Nissin says it may book £80-100 million ($101-126 million) in impairment charges for its Quorn mycoprotein-based meat alternatives business in fiscal 2024, after the ...

The innovations will open up the cut fruit market, cut food waste, unlock new export markets, and reduce shipping costs, claims Tropic.

US-based 80 Acres Farms has raised an additional $115 million, bringing its total funding to more than $370 million; the company will also focus on plant genetics for indoor agriculture with the ...

For many foodtech startups 2024 has been a year of resilience and confidence, a time when they managed to win investors’ trust and secure new funding despite an ongoing credit crunch. Here are the top ...

Hawaii-based Symbrosia has secured offtake agreements for 88% of the output of a new 15-acre facility in Kona, Hawaii, which it plans to start constructing early next year.

Israel-based bioinsecticide company IBI Ag has raised $6.1 million in the first tranche of its Series A funding. Corteva led the round through its investment and partnership platform Corteva Catalyst, ...

A flurry of startups has sprung up in recent years using fermentation to coax microbes to produce more sustainable, functional, or healthier alternatives to animal and tropical fats (coconut, palm, ...

Lever VC has announced the first close of its Fund II with an initial $50 million for early-stage investments in agrifoodtech startups. The fund—which will remain open to new investors until its final ...

In many ways, onetime unicorn Plenty’s highly publicized 90% valuation slash in January felt like the end of a long, drawn-out death sentence for large-scale vertical farms growing leafy greens.

MeliBio, a California-based startup developing honey without bees, says it is on course to reach profitability by the year end as it ramps up sales in the US market. “In 2024 we went from 10 stores to ...

A new player is plotting a move into the lactoferrin market with plans to construct a precision fermentation facility in the Midwest producing the high-value ingredient using genetically engineered ...