Food search and discovery startup Spoon Guru closes Series A round with funding from Woolworths
UK – Spoon Guru, a UK-based startup using artificial intelligence (AI) powered intelligent food search…
funding
Meat alternative producer Next Gen sets base in Singapore after US$2.2m seed funding round
SINGAPORE – Plant based meat producer, Next Gen has chosen Singapore as its global headquarter…
Low-alcohol spirits maker Clean Liquor raises US$9m in funding to support international expansion
UK – The Clean Liquor Co., a producer of low-alcohol spirits, has raised US$9 million…
Dutch cell-grown meat startup Mosa Meat raises US$55m in funding for licensing in Europe
NETHERLANDS – Mosa Meat, a Dutch company that made the world’s first lab-grown meat burger…
Baby food producer Yooji secures US$8m additional funding for marketing
FRANCE – Yooji, a French maker of organic frozen food for babies, has secured additional…
Food colouring company Phytolon raises US$4.1m funding to commercialise its fermentation-based technology
ISRAEL – Phytolon, a food and beverage company that offers a technology designed for the…
Nigerian startup ColdHubs secures funding from FCMB after winning Agtech EPIC Pitch
NIGERIA – Nigeria based social enterprise ColdHubs has secured US$2,600 in prize money after emerging…
Egyptian hydroponic farming company Hydo Farms acquires funding to expand market
EGYPT – Egyptian based hydroponic farming company, Hydro Farms, has secured funding from a group…
Egyptian food ordering platfrom Ordera secures funding for expansion
EGYPT – Egypt based food ordering platform, Ordera has secured a six-figure USA dollar investment…
Beverage company Vive Organic raises US$13m in Series B funding round to accelerate its business
USA – Vive Organic, immunity-boosting beverage company, has closed a US$13 million in Series B funding round led by Monogram…
Zambian spice and paste startup acquires investment from Empress Fund
ZAMBIA – Sage Valley, Zambia based spices and pastes processing startup has clinched a K250,000…
Nigerian e-commerce startup Pricepally secures funding from GreenTec Capital Partners
Nigeria – Pricepally, Nigerian group-buying platform aggregating consumer food demand in urban cities and matching…
Plant-based snack brand Outstanding Foods secures US$5m in funding round
USA – Outstanding Foods, plant-based snack brand, announced it has closed a US$5 million round…
World Bank injects US$40.3m to restore livelihoods of Kenyan farmers affected by the locust invasion
KENYA – The World Bank has injected ksh.4.3 billion (US$40.3m) to finance the Emergency Locust…
South African agricultural lender Land Bank acquires US$17.4m equity investment from state
SOUTH AFRICA – The government of South Africa has injected R3 billion (US$17.4m) as an…
Kenyan government to rehabilitate state-owned meat processor with US$2.8m
KENYA – The government of Kenya is set to inject sh.300 million (US$2.8m) in the…
Tanzania Agriculture Development Bank boosts coffee production with US$3.3m
TANZANIA – Tanzania Agriculture Development Bank (TADB), state-owned development finance institution has released Sh7. 7billion…
Angolan government fashions agribusiness firms with US$25.8m financing
ANGOLA – Three Angolan agribusiness firms have received financing totaling Akz 15.4 billion (US$25.8m) from…
SA agri-tech startup Aerobotics raises US$5.5m from Naspers Foundry
SOUTH AFRICA – South Africa’s agri-tech business, Aerobic has acquired R100 million (US$5.5 million) in…
Kenyan agri-tech start-up raises US$6m in Series A funding round led by Anthemis
KENYA – Kenyan agri-tech startup Apollo Agriculture has raised US$6 million in Series A funding…
Nigerian agro-processing startup clinches US$4.2m funding in series A round led by Goodwell Investments
NIGERIA – Tomato Jos, Nigerian agro-processing company focused on the local production of high-quality tomato…
European nations offer US$22.4m assistance to Kenya to alleviate food insecurity
KENYA – Kenya is set to receive at least Ksh. 2.4 billion (US$22.4m) from ‘Team Europe’…
The Kenyan government flags off the US$130m Aquaculture Business Development Programme
KENYA – The Kenyan government has officially commissioned the Aquaculture Business Development Programme (ABDP) boosted…
Online pizza marketplace Slice closes US$43m Series C round led by KKR
USA – Slice, an ordering and marketing tech platform for local pizzerias in New York,…