Following 200+ applications from early-stage startups spanning 49 countries, the inaugural FoodTech World Cup, together with Givaudan and FoodHack, attracted exceptional talent and new approaches
Celes, a Colombian startup specializing in AI-based inventory and promotions management for retailers, has successfully raised $3 million in seed funding. This financing round was
Luxembourg-based venture capital firm Peakbridge has successfully closed its Peakbridge Growth Fund II at $187 million, as announced on May 15, 2024. This development raises
A recent report by McKinsey & Company highlights the growing interest and investment in novel food ingredients, particularly those developed through biotechnology. The report, authored
Smartbreeder, a company utilizing generative artificial intelligence to enhance agricultural efficiency and sustainability, has received a $3 million investment from the EcoEnterprises Fund. This fund
Mexican startup Crezes recently completed a pre-seed funding round, raising $750,000. The company, which specializes in demographic intelligence, provides detailed location-specific data that aids businesses
Bluefront Equity, a Norwegian seafood investment firm, has initiated its second investment fund, Bluefront Capital II, securing an initial USD 50 million. The fund focuses
In a study conducted in Italy, researchers have examined the factors influencing the adoption of digital platforms by small farmers to create sustainable and successful
A collaborative study conducted by Deloitte and NYU Stern Center for Sustainable Business (CSB) has revealed significant financial benefits from sustainability investments in the food
A new comprehensive report by The World Bank, titled “Recipe for a Livable Planet,” provides a detailed plan for mitigating the agricultural and food sector’s
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