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FUNDRAISING:
May 26: Clear Labs raised $60M of Series C venture funding in a deal led by Morgan Stanley and T. Rowe Price. The funds will help broaden availability of Clear Labs solutions to help public health organizations, reference labs, hospitals, and epidemiologists more easily identify and trace all strains of pathogens.
May 12: Farther Farms raised $12M of venture funding from Endico Potatoes, Richard Porter and other undisclosed investors.
May 11: GEM Health raised $10.5M of seed funding in a deal led by CircleUp Network. The funds will be used to expand beyond its direct-to-consumer operations and into retailers.
May 11: Pheronym raised $242K of seed funding in a deal led by Sacramento Angels.
May 10: Nourished raised $11.09M of Series A venture funding in a deal led by FB! Member ADM Ventures and Cibus Fund. The funds will be used to develop the portfolio further, adding lines for kids and personalized protein bars to the range this year along with production expansion to the US.
May 4: Renewal Mill raised $1M of venture funding from ICA Fund Good Jobs, Emil Capital Partners and other undisclosed investors. The funds will be used to further accelerate the B2B sales of the company's second ingredient, oat protein made from the by-product of oat milk production, and to grow retail sales of the baking mix line. |
Check out what our industry friends around the globe are up to and get involved:
Food Waste Repackaged Innovation Challenge: Only 3 more days to apply! Submit your packaging idea to minimize food waste by June 18.
FOMENT, Australia’s viti, wine and tourism tech revolution, just launched applications for their six-week accelerator program. Apply here by June 22.
🚀GLOCAL AgriFoodTech LATAM Program 🚀 is looking for the best startups that have a triple impact business strategy to transform the world of agrifood. Are you one of them? Apply now!
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