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- 🍼 $45m for breast milk equivalent protein
🍼 $45m for breast milk equivalent protein
Catch up on this week's funding news in AgriFood
📲 Dinii, a cloud-based mobile platform that allows diners to order food from restaurants and shops, secured $48 million (7.46 billion JPY) in a Series B funding round led by Bessemer Venture Partners and Hillhouse Investment Management.
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🍼 US precision fermentation startup Helaina secured $45 million in a Series B funding round to launch Effera Human Lactoferrin, its breast milk equivalent protein, in the US later this year.
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🧫 Dutch cultivated meat startup Meatable has been awarded €7.6 million under the Netherlands Enterprise Agency’s ‘Innovation Credit’ programme. It will use the funds to further improve productivity and reduce costs as it works towards commercialisation.
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🍳 ÄIO, based in Tallinn, raised €6.1 million from venture capital funds to build a demo plant in Estonia, where it will produce eco-friendly oils and fats from wood and agricultural residues.
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🥜 US-based Daily Crunch raised $4 million Series A funding, in a round led by Launch Tennessee, to further expand its line of crunchy sprouted nuts made using a multi-step soaking and dehydration process that increases their nutritional value and helps to ease digestion.
🌾 Brilliant Harvest came out of stealth with $1.3 million pre-seed funding, after signing its first major customer for its AI-powered helpdesk for agricultural equipment dealers.
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🇲🇾 Malaysian startup Qarbotech raised $1.5 million in a seed extension round for its photosynthesis enhancement technology, which uses advanced carbon quantum dots material to help plants absorb carbon dioxide and boost yields by 60%. Catch the TL;DR on why they were backed.
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🐷 Germany’s The Raging Pig Company secured undisclosed seed funding to further expand its operations, supporting product development and its goal of becoming a leading plant-based sausage producer.
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🇺🇸 US-based bitewell secured investment from PeakBridge VC for its personalised nutrition-as-a-service digital food “farmacy”, which encourages members to buy healthy groceries and pre-made meals tailored to their health conditions, body chemistry, and dietary needs.