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3 Mins Read AI-powered plant tech firm Benson Hill is planning to go public via a merger deal with Star Peak Corp II, a blank-check company backed by Magnetar Capital. The deal is slated to give the company a valuation of around US$1.35 billion, with the proceeds going towards supporting its plant-based meat business segment. Benson Hill, whose […]
4 Mins Read GROW, the AgFunder-backed food and agri-tech focused accelerator, has just welcomed its new cohort of startups set to join its program in Singapore. These startups have been selected for their food chain resilience and sustainability solutions, innovating novel foods and ingredients, alternative proteins and fixing the key issues of food waste, decarbonisation and more. GROW’s […]
5 Mins Read Investment into the agri-food tech industry in 2020 is expected to top US$30.5 billion, representing a 34.5% increase from the year before, according to new statistics. As the pandemic continues to spotlight the critical need for resilient supply chain solutions, funding has been pouring into a range of ventures in the industry, spanning from novel […]
4 Mins Read In a recent announcement, the Singapore government will dedicate S$60 million (US$45.2 million) for a new agritech fund that will focus on supporting farmers through the use of technology that ultimately boosts domestic food production. The purpose of the Agri-Food Cluster Transformation Fund is to help farmers through the use technology in local food production. […]
3 Mins Read Chinese food tech venture capital Bits x Bites has announced that it has raised US$30 million in the first close of its US$70 million fund investing in technologies that will help transform China’s agri-food supply chain. Investors backing Bits x Bites include Singapore sovereign fund Temasek and Henry Soesanto, the CEO of Philippine-based food giant […]
6 Mins Read By: Shen Ming Lee Hungry For Disruption offers a futuristic vision for embracing the scientific and technological advances in food for the coming decades. The book explores how breakthrough innovations in smart agriculture, novel farming systems, genomics, alternative protein, and food waste management will play a key role in the future of food and agriculture. […]
2 Mins Read AgFunder, a venture capital firm focused on agri-food tech startups based in Silicon Valley and Singapore, has just launched GROW Impact Fund, its first to be entirely dedicated to technologies that will perform on environmental, social and governance (ESG) metrics across the food system. It comes as ESG-related funds have proven more crisis-resilient and have […]