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Food-tech
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Nordic Foodtech hits €40m first closing of second fund

Nordic Foodtech hits €40m first closing of second fund

Nordic Foodtech VC has announced the first closing of its second fund at €40m, with the final target size for the fund set at €80m. The...

Funding & Investments
Beyond Oil raises over CAD 10.6m to support global expansion

Beyond Oil raises over CAD 10.6m to support global expansion

Food-tech company Beyond Oil has raised CAD 10.64 million (approx. $7.67 million) through a brokered private placement to accelerate its global growth plans and support product distribution.

Manufacturing
Global agri-food-tech investment shrinks as sector enters new growth phase

Global agri-food-tech investment shrinks as sector enters new growth phase

The global agri-food-tech sector has seen a steep decline in investment, with funding plummeting by 73% from its 2021 peak, according to...

Agriculture
UK government invests £1.4m in expanding precision fermentation expertise

UK government invests £1.4m in expanding precision fermentation expertise

The UK has invested £1.4m into a new innovation hub, aiming to enable the Food Standards Agency to broaden its expertise in new food-tech.

Funding & Investments
Äio scales fermentation-based fat and oil production to 10,000 litres

Äio scales fermentation-based fat and oil production to 10,000 litres

Äio has successfully scaled production of its fermentation-made fats and oils to an industrial-level batch of 10,000 litres.

Ingredients
Agronomics' Liberation Labs secures $50.5m funding to advance biomanufacturing capacity

Agronomics' Liberation Labs secures $50.5m funding to advance biomanufacturing capacity

Liberation Labs has successfully closed a $50.5 million funding round, supporting its mission to commercialise precision fermentation.

Business
Mart Frozen Foods opens $65m facility in Idaho’s food innovation hub

Mart Frozen Foods opens $65m facility in Idaho’s food innovation hub

Mart Frozen Foods, a subsidiary of The Mart Group, has inaugurated a $65 million high-tech food manufacturing facility in Rupert, Idaho.

Funding & Investments
Start-up of the month: Simple Planet

Start-up of the month: Simple Planet

Simple Planet is a start-up with a mission to revolutionise food production, addressing the climate crisis, food security and biodiversity.

Exclusives
University of Missouri's Christopher Daubert appointed president of Institute of Food Technologists

University of Missouri's Christopher Daubert appointed president of Institute of Food Technologists

Christopher Daubert has been appointed as the 85th president of the Institute of Food Technologists (IFT), effective immediately.

Appointments
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