🍼 $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.

🍼 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.

🧫 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.

🍳 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.

🥜 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.

🇲🇾 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.

🐷 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.

🇺🇸 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.