The Week in AgriFoodTech: First Water nets $43m, INTAKE raises $9.2m Series C, AgroStar bags $6.7m

This week, salmon-farming startup First Water raised $43 million, while precision fermentation company INTAKE closed a $9.2million Series C deal, and Accel India lead a $6.7 million round for ag marketplace AgroStar.

On the corporate side, CNH Industrial bought intellectual property and assets of Advanced Farm, and the EU granted a $55 million loan for Swedish ag giant Lantmännen to build a pea protein factory for meat alternatives.

Startup funding

???? Iceland’s First Water nets $43m to promote sustainable salmon production; aims to add 330 new jobs Silicon Canals

???? Alternative protein startup INTAKE raises $9.2m in Series C funding Startup Recipe

???? Accel India leads $6.7m funding in agritech firm AgroStar Tech In Asia

???? Raven Capital cultivates Indigenous-led biotech company AdvancedAg with $2m seed investment Betakit

???????? SeafoodAI secures investment from NEC X, accelerating AI-powered biometrics to enhance seafood sustainability Globe Newswire

M&A, IPOs & partnerships

???? Salad giant Taylor Farms acquires beleaguered AI-powered weeding startup FarmWise AgFunderNews

???????? BioCraft Pet Nutrition, Prefera Petfood partner on cell-cultured pet food Petfood Industry

???? CNH acquires intellectual property and assets of Advanced Farm The Robot Report

???????? Europe’s largest dairy cooperative merger could open new opportunities for plant-based innovation Vegconomist

Funds, grants & accelerators

???? J.P. Morgan’s Campbell Global raises $1.5bn for climate-focused timberland fund ESG News

???? Revent rocks the boat with a fresh $109m to invest in people and the planet TechCrunch

???? EU grants $55m loan for Swedish ag giant to build pea protein factory for meat alternatives Green Queen

???? Estonian UP Catalyst receives $20m from EIB to scale CO2-based raw material production Arctic Startup

???? Scottish Enterprise awards $1.4m to Green Bioactives for sustainable biomanufacturing Scottish Financial News

????Teen entrepreneurs PURA win European Earth Prize for superbug-fighting water tech Tech.eu

???? Bezos Earth Fund and Global Methane Hub launch initiative to breed low-methane livestock Beef Magazine

People moves

???? Ivy Farm appoints Gail Francis to lead commercial efforts for premium cultivated Wagyu beef Vegconomist

???? Pivot Bio announces appointment of Travis Frey as Chief Technology Officer PR Newswire

Other News

???? MycoTechnology discontinued alt protein biz last year to focus on flavor modulation, sweetening, says CEO AgFunderNEws

???? Cultured quail startup Vow gets FSANZ regulatory approval in Australia & New Zealand Green Queen

???????? Prime Roots announces Canadian debut Vegconomist

???? First consignment of GigaFarm tech shipped from UK to UAE Vertical Farm Daily

???? Elmhurst 1925 expands national Whole Foods Market distribution with three SKUs PR Newswire 

????????CellX expands into US market with GRAS-cleared morel mycelium and New Jerky brand Vegconomist

???? NotCo opens access to its game-changing AI technology to speed product innovation Food Navigator USA

???? Nourish Ingredients scales alt-fat Alt-Meat

???? DoorDash, Coco to bring delivery bots to Chicago and Los Angeles Restaurant Dive

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