Latam AgriFoodTech Investment Report - 2023 New!
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Latin America AgriFoodTech Investment Report 2023
The inaugural Latin American AgriFoodTech Investment Report released by AgFunder, in collaboration with SP Ventures, Alianza Team, BASF and Cibersons, details $7.3 billion of investment in the sector since 2018.
In 2022, agrifoodtech startups, innovating from farm to fork, raised $1.7 billion in funding, an increase from under $1 billion in 2018 but a 39% decline on record-breaking 2021 investment levels, in line with the global venture capital pullback.
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NEW REPORT: VCs are underinvesting in Latin America agrifoodtech. Fintech and conservation tech could change that AFN, by Jennifer Marston
Download the free 33-page report here AgFunder
AFN Industry News
Bunge could join agricultural ‘big leagues’ via proposed merger with Viterra AFN, by Jennifer Marston
Meatless Farm exec: ‘The business has unfortunately made all the teams redundant’ AFN, by Elaine Watson
UPSIDE Foods COO gets USDA green light for ‘cell-cultivated chicken’ label, targets ‘conflicted carnivores’ AFN, by Elaine Watson
AFN Funding News
Cultivated meat startup Higher Steaks raises $30 million series A, rebrands as ‘Uncommon’ AFN, by Elaine Watson
Number 8 Bio raises $1.2m for novel enteric methane reduction technology AFN, by Elaine Watson
The Week in AgriFoodTech: HUNGRY bags $10m, USDA greenlights cultivated chicken labels, making leather from beer AFN, by Jennifer Marston
How the Croptix platform is changing plant nutrition and disease monitoring AFN, by guest contributor John Kempf
AFN Interviews, Opinions and Analysis
🎥 Verb Biotics: Next gen ‘precision biotics’ will deliver ‘measurable effects that consumers can feel’ AFN, by Elaine Watson
Meet the founder: Tawi Fresh’s Cherotich Rutto on empowering women and youth through agribusiness AFN, by Jennifer Marston
People moves: Ag CEO leads Bill Gates-backed rice venture, new CEO for Oatley, chef Marcus Samuelsson joins Aleph Farms AFN, by Jennifer Marston
What We're Reading
Vast fossil fuel and farming subsidies causing ‘environmental havoc’ The Guardian
The planet can’t sustain rapid growth much longer Wired
EPA sued over pesticide-coated seeds' 'devastating impacts' on US wildlife The Guardian
America has a chance to make farming more climate-friendly $ The New York Times
US producer inflation subsides as energy, food prices drop Reuters
Opinion | America has a chance to make farming more climate-friendly $ The New York Times
'We can't sell yogurts and save the planet' The Future Market substack
Why we could all be wearing seaweed one day Vogue
In Case You Missed It
🎥 Could fruit flies give microbes a run for their money? Future Fields thinks outside the fermentation tank AFN, by Elaine Watson
Nium raises $3m seed round from AgFunder, DCVC to eliminate Haber-Bosch from ammonia production AFN, by Jennifer Marston
Cultivated meat: Foodtech fantasy or the future of meat? ‘None of this stuff makes any commercial sense until everyone’s eating it’ AFN, by Elaine Watson
Plant cell culture deep dive: As cracks emerge in botanical supply chains, ‘It’s a huge space to watch’ AFN, by Elaine Watson
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Jobs at AgFunder Portfolio Companies
Senior director of plant science Fyto (Petaluma, California)
Field research agronomist GreenLight Biosciences (Sacramento, California)
Executive assistant Hwy Haul (San Francisco, California)
Senior manager, bioactives product management Brightseed (North Carolina)
Enterprize customer success manager Connecterra (Remote, Midwest, US)
Project manager Chinova Bioworks (Fredericton, Canada)