🌳 Bioeconomy Newsletter #24
News, recent funding announcement and very interesting reads
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Funding
🌿 NUGGS - US - $50 m - Series B - soy based ‘chicken nugget’ replacement LINK
🌿 Motif Foodworks - US - $226 m - Series B - plant-based meat replacement LINK
🌿 MiiMOSA - France - $9 m - Series B - funding marketplace for agriculture, energy and food transition LINK
🌿 Change Foods - US - $2.1 m - seed - precision fermentation LINK
🌿 InnerPlant - Israel - $5.65 m - early stage - developing genetically adapted living sensors to grow plants more sustainably LINK
🌿 Bonbot - Sweden - €1.96 - Seed - icecream robots LINK
🌿 Interstellar Lab - France - $1.2 m - pre-seed funding - environment-controlled pods for crop cultivation on Earth and life support in Space LINK
🌿 Ponto - US - undisclosed - seed - sustainable footwear brand LINK
🌿 Volare - Finland - €700 k - seed - food production side streams as rearing substrates for Black Soldier Fly (BSF) larvae LINK
🌿 ecoRobotix - Switzerland - $14.7 m - Series C - robotic technology for farming LINK
🌿 LinkedIn - Do you like what you are reading? Why not share it with your network?
🌿 Coat - UK - $1 m - seed - sustainable paint products LINK
🌿 Serenity Kids - US - $7M - Series A - baby food brand LINK
🌿 Smileat - Spain - €1.8 M - seed funding - organic baby food LINK
🌿 Ganaz - US - $7 m - Series A - workforce management platform for agriculture and food manufacturing LINK
🌿 Meatless Farm - UK - £5m - crowdfunding - plant-based burger and sausage company LINK
News, Readings & Interesting Things
🌿 Oatly Sues British Oat Milk Brand PureOaty Over Alleged Trademark Infringement LINK
🌿 The global dairy industry is estimated to be with close to $1 tn, and we gulp down around more than 843m tonnes of the white stuff a year, but flags are being raised over methane levels and ethical concerns - The Big Idea: Milking microbes instead of cows LINK
🌿 The BioMonitor project has published a scientific paper, a dashboard, and a policy brief that show the development of the value-added of the bioeconomy across 28 EU Member States and 16 industries using Input-Output statistics from 2005 to 2015 LINK The dashboard: LINK
🌿 A 5-Step Guide To Making Milk In The Labs LINK
🌿 Our food system is causing deforestation, leaching soils, and diminished biodiversity; as 38% of habitable land is used for livestock, 11% for plant-based foods. 22% of adult deaths globally are caused by diets. And while 39% of adults worldwide are overweight, almost 700 million people are still undernourished - The power of a strong Why, a year of investing in high-impact foodtech LINK
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The views expressed here are my own. All information contained in here has been obtained from publicly available information. While taken from sources believed to be reliable I have not independently verified such information and make no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. For questions simply reply to this email.