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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3842703 | Tags:













Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Published: 10-10-2023 | 11:41:00 | By: Pie Kamau
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.


Vistry unveils conversational AI platform LumoChat for food commerce
Published: 09-10-2023 | 11:06:00 | By: Pie Kamau
Vistry has announced the launch of its Conversational AI platform, LumoChat.


Glasgow food tech startup ENOUGH raises €40m growth fund to scale mycoprotein production
Published: 22-08-2023 | 12:35:00 | By: Pie Kamau
Glasgow-based food tech startup ENOUGH has raised €40m in growth funding.


UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Published: 16-08-2023 | 10:15:00 | By: Pie Kamau
Clean Food Group has announced a further £2.3m funding.


UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Published: 15-08-2023 | 10:24:00 | By: Pie Kamau
Clean Food Group has announced a strategic collaboration with Alianza Team.


Cultivated meat startup Meatable raises $35m to accelerate commercial launch of its pork products
Published: 08-08-2023 | 12:42:00 | By: Pie Kamau
Meatable has raised $35m in new funding.


Copenhagen startup Bactolife raises €30m Series A financing to accelerate growth
Published: 08-08-2023 | 11:15:00 | By: Pie Kamau
Bactolife announced it has successfully raised €>30 million.


Supply Change Capital closes debut $40m fund to invest in the future of food
Published: 27-07-2023 | 13:00:00 | By: Pie Kamau
Supply Change Capital announced the close of its inaugural $40 million fund.


Kenyan households bet on food MSEs for affordable meals
Published: 26-07-2023 | 11:30:00 | By: Bob Koigi
An estimated 60 per cent of rural and urban Kenyan households access their daily meals from micro/small enterprises (MSEs) at local markets.


Denver-based foodtech startup bitewell closes oversubscribed $4m seed round
Published: 10-07-2023 | 12:25:00 | By: Pie Kamau
bitewell announced an oversubscribed close of $4 million seed round.


NBA superstar Chris Paul joins plant-based startup Wicked Kitchen as investor
Published: 27-06-2023 | 18:20:00 | By: Pie Kamau
10-time NBA All-Star Chris Paul has joined the Wicked team as an investor.


Foodtech startup PartnerSlate raises $4m from to accelerate growth
Published: 14-06-2023 | 15:33:00 | By: Pie Kamau
PartnerSlate has raised $4 million round led by Supply Change Capital.


Cambridge-based biotech startup Uncommon raises $30m
Published: 09-06-2023 | 12:27:00 | By: Pie Kamau
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.


Nigerian cold-chain startup Gricd rebrands as Figorr, secures $1.5m seed funding to support data-driven insurance for perishable goods in Africa
Published: 17-05-2023 | 11:27:00 | By: Pie Kamau
Gricd, a technology company that develops Internet of Things-powered solutions to support the last-mile delivery of perishable goods, has secured $1.5m seed funding.


Korean foodtech startup Nuvilab selected to join Google for Startups Accelerator: Circular Economy
Published: 24-03-2023 | 14:09:00 | By: Pie Kamau
Korean food-scanning startup Nuvilab was selected to be the only Korean startup among hundreds of candidates to join "Google for Startups Accelerator: Circular Economy".


Plug and Play Alberta announces 58 startups for Spring cohort of accelerator programs
Published: 20-03-2023 | 14:33:00 | By: Pie Kamau
Plug and Play Alberta has announced 58 startups for the Spring cohort of its industry-specific Health, Sustainability, Food and Beverage, and Sector Agnostic startup accelerator programs.


Biotech startup Chromologics completes €7.1m funding round to accelerate natural red color production through precision fermentation
Published: 06-03-2023 | 10:05:00 | By: Pie Kamau
Chromologics, the Danish biotech company, announced the successful closure of an extended seed round of an additional €7.1 million in equity.


Sustainable hemp food startup announces first expansion into the non-dairy dessert category
Published: 03-03-2023 | 12:01:00 | By: Pie Kamau
Planet Based Foods, the first and only company to produce nutritious plant-based meat with sustainable hemp as its number one ingredient, announced its expansion into the non-dairy frozen dessert category.


Agritech startup IngredientWerks announces successful completion of seed round funding
Published: 21-02-2023 | 10:08:00 | By: Pie Kamau
IngredientWerks, an ag-tech ingredient company developing high value plant-based proteins for the alternative protein markets, announced it has secured its seed round of funding.


Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Published: 13-02-2023 | 10:41:00 | By: Pie Kamau
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.


Israeli foodtech startup Meala secures $1.9m pre-seed round to improve plant-based foods
Published: 10-02-2023 | 09:24:00 | By: Pie Kamau
Startup Meala FoodTech, the developer of a functional protein platform, announced the close of $1.9 million in pre-seed investment. The round was led by The Kitchen FoodTech Hub.


Ingredient biotech startup Michroma closes $6.4m seed round to bring novel food coloring to market
Published: 03-02-2023 | 12:38:00 | By: Pie Kamau
Michroma, a precision fermentation food ingredient startup, announced it has closed $6.4 million in seed financing, to fast-track the company's commercialization of sustainable natural colorants.


Food Foundry accelerator announces fifth cohort of early-stage foodservice startups
Published: 23-01-2023 | 11:42:00 | By: Pie Kamau
Food Foundry, an accelerator program built by Relish Works and Gordon Food Service for early-stage startups disrupting the food and foodservice industry, announced the five startups that will join the fifth cohort starting in January 2023.


Infant nutrition startup NAMUH partners with Ginkgo Bioworks to produce multiple infant nutrition products
Published: 18-01-2023 | 14:11:00 | By: Pie Kamau
Infant nutrition startup NAMUH and Ginkgo Bioworks, announced a collaboration to develop functional oligosaccharides that are structurally identical to those found in human breast milk.


EG Capital announces anchor closing of its maiden fund to invest in startups across East Africa and Zambia
Published: 19-12-2022 | 09:04:00 | By: Pie Kamau
EG Capital, a growth-oriented private equity impact firm has announced the anchor closing of its first EG-Economic Empowerment Fund LP (EG-EEF), which will invest in medium-sized businesses.


Nigerian foodtech Orda raises $3.4m seed round to digitize African restaurants
Published: 01-12-2022 | 09:48:00 | By: Pie Kamau
Nigerian foodtech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.


Israeli foodtech startup ChickP raises dairy-free ice cream to new heights
Published: 29-11-2022 | 14:20:00 | By: Pie Kamau
ChickP Protein, a food-tech startup, has introduced chickpea protein isolate for plant-based ice cream. Protein from this ancient crop zeroes in on the non-dairy category to make a tasty plant-based frozen dessert.


Ultra-convenient healthy meals startup Proper Good closes seed funding to bring absurdly delicious products
Published: 14-11-2022 | 15:42:27 | By: Pie Kamau
PROPER GOOD, an ultra-convenient home-delivered food service company that offers nutritious prepared meals made with simple and high quality ingredients, announced the closing of $3.5 million in seed funding.


Chef-led startup meez raises $11.5m to place recipes at the heart of hospitality
Published: 09-11-2022 | 12:08:00 | By: Pie Kamau
meez, the first-of-its-kind digital professional recipe tool, announced it has closed a $11.5 million Series A funding round led by Craft Ventures with participation from Struck Capital.


Georgia-Pacific, gener8tor welcome third cohort of startups to 1915 Studios gBETA accelerator program
Published: 28-10-2022 | 14:28:00 | By: Pie Kamau
Georgia-Pacific, in partnership with global venture firm and startup accelerator gener8tor, has kicked off its third 1915 Studios gBETA accelerator program.


BreadBot maker Wilkinson Baking Company raises $3m seed round to accelerate growth
Published: 25-10-2022 | 13:52:00 | By: Pie Kamau
Wilkinson Baking Company (WBC), the creator of world's first fully-automated commercial bread baking robot, announced the close of its fully subscribed $3.0 million seed round.


Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
Published: 21-10-2022 | 09:54:00 | By: Pie Kamau
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.


Paris-based cultivated meat startup Gourmey raises €48m Series A funding to accelerate growth
Published: 11-10-2022 | 14:04:00 | By: Pie Kamau
French cultivated meat startup Gourmey, that was part of the Big Idea Ventures program’s first cohort, has raised an oversubscribed €48 million Series A.


[Startup Interview] Ehsan, Mohammad, Reza, Co-founders, Coco, Austria
Published: 30-09-2022 | 14:05:00 | By: Bob Koigi
CoCo is a social media analysis platform. It helps to increase the effectiveness of advertising campaigns on social networks.


German tech startup NeoCarbon raises €1.25 million to reverse climate change
Published: 30-09-2022 | 10:38:00 | By: Pie Kamau
NeoCarbon, a Berlin-based tech startup which retrofits cooling towers to remove carbon dioxide from the atmosphere, announced it has raised €1.25 million in a Pre-Seed round co-led by PropTech1 and Speedinvest,


Fintech startup Tongo raises $7m seed funding to accelerate growth in its real estate market
Published: 30-09-2022 | 10:10:00 | By: Pie Kamau
Tongo, a fintech company realigning income and expenses for the commission economy, announced it has raised $7 million in seed funding. 


Plug and Play Alberta announces 50 startups for the second cohort of its accelerator programs
Published: 30-09-2022 | 09:52:00 | By: Pie Kamau
Plug and Play Alberta has announced 50 startups for the second cohort of its industry-specific startup accelerator programs. The companies will participate in one of the following programs: Health, Sustainability, and Sector Agnostic.


South Africa's home services startup SweepSouth closes $11m investment round led by Alitheia IDF
Published: 30-09-2022 | 09:40:00 | By: Pie Kamau
SweepSouth, an online home services platform with a presence across Africa has completed a $11 million investment round led byAlitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.


Estonian startup KOOS raises $4m funding to accelerate the new era of ownership
Published: 30-09-2022 | 09:28:00 | By: Pie Kamau
KOOS, an Estonian-based startup, announced $4 million worth of seed funding led by high profile investors at Plural Platform with participation from investors including LocalGlobe, Tiny.vc and Matt Clifford.


Tech startup Coalesce secures $26m Series A funding to reinvent data transformation in the snowflake data cloud
Published: 30-09-2022 | 09:00:00 | By: Pie Kamau
Coalesce.io, the data transformation company, announced it has secured $26 million in Series A funding led by Emergence Capital, with participation from seed investors 11.2 Capital.


Daiichi Sankyo joins Munich-based Startup Creasphere's program powered by Plug and Play
Published: 28-09-2022 | 11:44:00 | By: Pie Kamau
Startup Creasphere, the Munich-based digital healthcare platform of Plug and Play, has announced its new partnership with Daiichi Sankyo.


London scaleup Wazoku raises £8.5m series B funding, acquires Danish intelligence startup Mindpool
Published: 28-09-2022 | 11:29:00 | By: Pie Kamau
London-based innovation scaleup Wazoku has closed a series B funding round of £8.5 million through investment from Octopus Ventures along with follow on from existing investors including Calculus Capital.


FNHIC launches to invest $2.5b in startups improving hunger and health outcomes through food
Published: 28-09-2022 | 11:13:00 | By: Pie Kamau
S2G Ventures, Food Systems for the Future and other partners launched the Food, Nutrition and Health Investor Coalition (FNHIC), a call to action to drive $2.5 billion in private investment.


UK scaleup White Label Loyalty launches in the U.S.
Published: 28-09-2022 | 11:01:00 | By: Pie Kamau
UK-based loyalty technology experts White Label Loyalty is entering the US market for the first time, with opening of its firrst overseas office in New York.


London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Published: 28-09-2022 | 10:49:00 | By: Pie Kamau
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.


Deep tech startup MATSUKO and European telcos partner to develop holographic presence
Published: 28-09-2022 | 09:48:00 | By: Pie Kamau
European telecom operators Deutsche Telekom, Orange, Telefónica and Vodafone, together with the deep tech startup MATSUKO, have conducted a pilot to make holographic calls easy.


Canadian Lia 27 becomes the new face of AI after closing seed funding round at $5m valuation
Published: 27-09-2022 | 16:35:00 | By: Pie Kamau
Canadian Artificial Intelligence (AI) company Lia 27 Inc, announced it has closed a seed funding round valuing the company at $5 million. The funding launches the one-year-old business into the next dimension. 


New Utah startup Oops offers doorstep return pickups for in-store and online purchases
Published: 27-09-2022 | 16:16:00 | By: Pie Kamau
An early-stage startup born in the heart of Utah's Silicon Slopes, Oops is offering doorstep return pickups for in-store and online purchases across the Wasatch Range.


Ghanaian agritech startup Farmerline raises $1.5m from Dutch investor Oikocredit
Published: 27-09-2022 | 15:59:00 | By: Pie Kamau
Ghanaian agritech startup Farmerline announced the second close of a Pre-Series A investment raise with an additional $1.5 million investment from Dutch social impact investor Oikocredit.


Dallas-based workforce finance startup Meritize taps JP Morgan vet as Business Development VP
Published: 27-09-2022 | 15:55:56 | By: Pie Kamau
Meritize, developer of merit-based financing solutions and a technology platform that connects career starters and mid-career professionals with high-impact skills training, announced it has hired Jeff Parks as the firm's Vice President of Business Development.


Ghanaian fintech SecondSTAX raises $1.6m pre-seed funding to expand to other countries
Published: 27-09-2022 | 15:45:00 | By: Pie Kamau
Ghanaian fintech SecondSTAX (Secondary Securities Trading and Aggregation eXchange), announced it has raised $1.6 million in pre-seed funding from private investors and venture capital firms, including LoftyInc Capital and STEMeIn.


French startup Prophesee closes €50m C Series round to drive commercialization of revolutionary neuromorphic vision technology
Published: 26-09-2022 | 15:57:00 | By: Pie Kamau
Prophesee, the inventor of advanced neuromorphic vision systems, announced the completion of its Series C round of funding with the addition of a new investment from Prosperity7 ventures.


Capacity trading startup Stere closes $5m seed to expand tech-driven solutions for the insurance sector
Published: 26-09-2022 | 15:42:00 | By: Pie Kamau
Stere, a capacity trading platform specializing in capacity sourcing and unique digital capabilities for embedded insurance partners and MGAs, announced it has closed a $5 million funding round.


Detroit cloud-based startup KODE Labs raises $8m to advance its smart building platform
Published: 26-09-2022 | 15:29:00 | By: Pie Kamau
KODE Labs, a Detroit cloud-based smart building startup, announced it has raised a Series A investment of $8 million led by I Squared Capital and other strategic investors.


Vendease secures $30m to transform procurement and business operations for restaurants across Africa
Published: 26-09-2022 | 14:13:00 | By: Pie Kamau
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services and power their business operations, has raised $30 million funding round.


West african fintech startup Julaya raises $5m extension round to expand its operations
Published: 26-09-2022 | 13:09:00 | By: Pie Kamau
Julaya, a fintech stratup based in Côte d’Ivoire, Senegal and France, announced it has raised $5 million extension round led by European venture capital fund Speedinvest to expand its operations in West Africa.


[Startup Interview] Yashu Kapila, Founder, BugRaptors, India
Published: 23-09-2022 | 14:13:00 | By: Bob Koigi
The startup provides a highly diversified range of services varying from standard testing services, specialized testing services, to test advisory services. 


London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Published: 23-09-2022 | 12:04:00 | By: Pie Kamau
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.


Norwegian audio-tech startup Nomono secures €3.55m seed round to scale its podcasting and audio solutions
Published: 23-09-2022 | 11:35:00 | By: Pie Kamau
Nomono, the pioneering developer of audio recording and collaboration tools that help podcasters and journalists tell immersive audio stories, announced the closing of €3.55 million investment round.


NYSHEX closes $25m Series B funding to improve reliability and efficiency of global shipping
Published: 23-09-2022 | 11:08:00 | By: Pie Kamau
NYSHEX, the ocean contract performance technology servive provider,, announced a $25 million Series B funding round led by Collate Capital. In addition, Blumberg Capital, Goldman Sachs and NewRoad Capital participated.


CrowdStrike’s Falcon Fund invests in API security startup Salt Security
Published: 23-09-2022 | 10:45:00 | By: Pie Kamau
CrowdStrike, a pioneer in cloud-delivered protection of endpoints, cloud workloads, identity and data, announced that its strategic investment vehicle, Falcon Fund, has invested in Salt Security, the pioneer in Application Programming Interface (API) security.


[Column] Nick Durrant: Lead generation strategies that work
Published: 23-09-2022 | 10:24:00 | By: Pie Kamau
Marketers often focus most of their attention on design aesthetics, ignoring the many other factors that could turn website visitors into hot prospects.


ABB partners with Dutch AI predictive maintenance scaleup Samotics to expand condition monitoring services
Published: 23-09-2022 | 10:10:00 | By: Pie Kamau
ABB and  Samotics, the provider of ESA technology that is a high-growth scaleup company, have entered a strategic long-term partnership to provide enhanced condition monitoring services.


Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Published: 22-09-2022 | 13:02:00 | By: Pie Kamau
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.


Sustainable and AI concrete startup AICrete raises $4m seed funding to accelerate growth
Published: 22-09-2022 | 12:40:00 | By: Pie Kamau
AICrete, the recipe-as-a-service platform optimizing local materials for cleaner and more cost-efficient concrete, announced it has raised $4 million in a seed funding led by CLEAR Ventures.


Starburst Ventures launches pre-seed and seed fund to focus on aerospace and defense innovation
Published: 22-09-2022 | 11:58:00 | By: Pie Kamau
Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, announced the launch of its new early-stage fund.


Stockholm-based R-evolution launches venture capital arm to boost greentech startups
Published: 22-09-2022 | 11:45:00 | By: Pie Kamau
Hexagon AB, a global pioneer in digital reality solutions combining sensor, software and autonomous technologies, announced a new venture capital arm of R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon.


Nigerian fintech startup Kippa launches business registration platform to support SMEs
Published: 22-09-2022 | 10:50:00 | By: Pie Kamau
Nigerian fintech startup Kippa has launched Kippa Start, a business registration platform to enable Nigerian MSMEs scale through their businesses.


Kenyan agricultural insurtech startup Pula appoints Michael Joseph as Board Chair
Published: 22-09-2022 | 10:28:00 | By: Pie Kamau
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.


Ethiopian fintech startup Chapa launches online payment gateway service for businesses
Published: 22-09-2022 | 10:17:00 | By: Pie Kamau
Ethiopian fintech startup Chapa has launched an online payment gateway to enable businesses accept payments from people worldwide.


Healthtech startup Remedial Health secures $4.4m to provide access to credit for pharmacies in Nigeria
Published: 21-09-2022 | 13:23:00 | By: Pie Kamau
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has raised $4.4 million in seed funding to accelerate its expansion across Nigeria.


Swiss biotech startup Hedera Dx raises €14m seed funding to accelerate global adoption of liquid biopsies
Published: 21-09-2022 | 11:52:00 | By: Pie Kamau
Hedera Dx, a Swiss biotech startup, has raised €14 million in funding to launch a blood-based testing solution to profile cancer DNA circulating in the blood, helping patients access better treatments.


Idealist Capital announces first close of its Climate Impact Fund to accelerate energy transition
Published: 21-09-2022 | 11:32:00 | By: Pie Kamau
Idealist Capital, a North American fund with a primary focus on the Canadian market, announced the first closing of the Idealist Climate Impact Fund LP (the Fund) with capital commitments totalling C$250 million. 


Human Ventures announces anchor partnership with Bank of America to invest in early-stage founders
Published: 21-09-2022 | 11:09:00 | By: Pie Kamau
Human Ventures, one of New York City's premier emerging venture funds, announced an anchor partnership with Bank of America for Human Ventures Fund II.


Israeli data security startup Sentra launches in the U.S.
Published: 21-09-2022 | 10:51:00 | By: Pie Kamau
Sentra, an Israeli cloud data security company, announced its arrival in the U.S. market with the opening of its new North American headquarters in New York City.


Google-backed startup Massage Robotics launches equity crowdfunding via StartEngine
Published: 21-09-2022 | 10:26:00 | By: Pie Kamau
Google-backed startup, Massage Robotics announced the launch of equity crowdfunding via StartEngine, to show how robots can help people heal with free massage therapy.


Canadian Raven Indigenous Capital Partners launches Fund II at $46m, eyes U.S. markets
Published: 21-09-2022 | 10:06:00 | By: Pie Kamau
Raven Indigenous Capital Partners, North America’s only Indigenous-led and owned venture capital intermediary, launched its second fund (Raven Fund II) with an initial close of $46 million, and a target size of $75 million.


Gradient Ventures leads $6m investment in LatAm's tax-technology startup Heru
Published: 20-09-2022 | 16:27:00 | By: Pie Kamau
Heru, an AI-based tax platform that simplifies the tax-filing process and provides intelligent insights for future filings, announced a $6 million seed round led by Gradient Ventures, Google's AI-focused venture fund. 


MedGeo secures $4m equity investment and joint venture agreement with Jackson Healthcare company
Published: 20-09-2022 | 16:12:00 | By: Pie Kamau
MedGeo Ventures announced it has secured a $4 million equity investment and joint venture agreement with Jackson Healthcare company.


Dutch sustainable blockchain startup GRNGrid secures $50m to drive connectivity with crypto exchanges
Published: 20-09-2022 | 15:53:00 | By: Pie Kamau
The GRN Association announced it has secured an investment totaling $50 million for the GRNGrid project from GEM Digital, a venture capital focused on digital currencies.


Nigerian blockchain payments startup Bitmama closes $2m pre-seed round to scale growth
Published: 20-09-2022 | 15:28:00 | By: Pie Kamau
Nigerian blockchain payments startup Bitmama announced a pre-seed extension of $1.65 million, adding to the $350,000 it received last October, thus closing the round at $2 million led by Unicorn Growth Capital and Launch Africa.


Unicorn Growth Capital, EchoVC join Celo Foundation to support Web3 projects across Africa
Published: 20-09-2022 | 15:23:00 | By: Pie Kamau
Unicorn Growth Capital and EchoVC have joined the Celo Foundation to support growth of Web3 projects across Africa through newly dedicated Celo ecosystem investment funds.


French AI and cloud media startup Newsbridge closes €7m funding round to develop U.S. presence
Published: 19-09-2022 | 12:35:00 | By: Pie Kamau
Newsbridge, the French AI & Cloud Media company has raised €7 million Series A funding round to continue its expansion to the U.S.A, and hire top AI and Media Engineering talent.


Dutch-based Builders studio raises €1.5m for development of HR and proptech startups
Published: 19-09-2022 | 10:12:00 | By: Pie Kamau
Rotterdam-based startup studio Builders has raised €1.5 million in funding in its second closing, to develop HR and proptech startups and start international expansion.


Ghanaian health tech startup mPharma acquires majority stake in Nigeria’s HealthPlus
Published: 19-09-2022 | 09:50:00 | By: Pie Kamau
Ghanaian health tech startup mPharma has acquired a majority stake in HealthPlus, a pioneer pharmacy chain in Nigeria.


Security and management supplier Verkada raises $205m to build an operating system for the physical world
Published: 19-09-2022 | 09:36:00 | By: Pie Kamau
Verkada, a pioneer in cloud-managed enterprise building security and management, announced a $205 million Series D funding round with new and existing venture partners.


India's fruits and vegetables platform Sahyadri Farms raises €40m growth capital to support smallholder farmers
Published: 19-09-2022 | 09:19:00 | By: Pie Kamau
India's integrated platform for fruits and vegetables Sahyadri Farms has raised  €40 million growth capital from a group of impact-focused investors; Incofin, Korys, FMO and Proparco.


French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Published: 16-09-2022 | 12:07:00 | By: Pie Kamau
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.


Industrial automation and agritech startup Agtonomy closes seed III funding round
Published: 16-09-2022 | 11:47:00 | By: Pie Kamau
Agtonomy, a cutting-edge software and service agritech startup, announced the successful closing of another round of funding for a total investment of $13.5 million.


Tallinn-based climate tech startup Arbonics raises €1.8m pre-seed funding to fight climate change in Europe
Published: 16-09-2022 | 11:19:00 | By: Pie Kamau
Arbonics, a new climate tech startup, is launching its unique data- and science-driven tool to make calculating the potential carbon income of land and forests quicker and easier for landowners in Europe.


African fintech startup Flutterwave launches eNaira payments for businesses in Nigeria
Published: 16-09-2022 | 11:06:57 | By: Pie Kamau
Flutterwave, Africa's payments technology company announced its merchants can now process payments in eNaira, the Nigerian digital currency issued and distributed by the Central Bank of Nigeria.


Kenyan insurtech startup Turaco secures $10m funding to drive insurance adoption
Published: 16-09-2022 | 09:58:00 | By: Pie Kamau
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.


Nigerian fintech startup Kippa raises $8.4m seed round to accelerate growth
Published: 16-09-2022 | 09:27:00 | By: Pie Kamau
Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round led by Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners, and Vibe Capital.


BRV China-backed HPC-AI Tech startup completes $6m seed and angel round financing
Published: 15-09-2022 | 11:02:00 | By: Pie Kamau
HPC-AI Tech, an artificial intelligence high-performance optimization startup announced the closing of $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.


Irish e-Commerce growth unicorn Wayflyer secures $253m debt financing from Credit Suisse
Published: 15-09-2022 | 10:44:00 | By: Pie Kamau
Wayflyer, the revenue-based financing and growth platform for e-Commerce businesses, has secured $253 milion debt financing facility from Credit Suisse.


Hyperspec AI startup releases software platform for autonomous driving development
Published: 15-09-2022 | 10:20:00 | By: Pie Kamau
Hyperspec AI, an artificial intelligence startup, released a new tool for developers working on ADAS enabled and autonomous vehicles (AV).


Fintech startup Power emerges from stealth with $16.1m seed funding and $300m credit facility
Published: 15-09-2022 | 09:33:00 | By: Pie Kamau
Power, a fintech startup with plans to reshape global commerce, has finally teased early progress as it emerges from stealth with $16.1m in seed funding, a $300m credit facility, and a fast-growing list of customers.


Carrier Ventures invests in next-gen sustainable technology startups Archilogic, Butlr and Transaera
Published: 15-09-2022 | 09:19:00 | By: Pie Kamau
Carrier Global Corporation, the global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has completed three new investments through its Carrier Ventures group.


Copenhagen-based Monta lands €30m additional financing to accelerate the buildout of EV charging infrastructure
Published: 14-09-2022 | 15:26:00 | By: Pie Kamau
Monta, the Copenhagen-based all-in-one EV charging management platform, announced it has secured an additional €30 million as part of a Series A+ round led by Energize Ventures.


Tech startup Alcatraz AI receives $25m Series A funding to accelerate international growth
Published: 14-09-2022 | 14:59:00 | By: Pie Kamau
The European Bank for Reconstruction and Development (EBRD) is supporting the product development, sales and marketing of Bulgaria and US-based tech startup Alcatraz AI with an equity investment, as part of a $25 million.


ff Venture Capital launches first US VC Fund to back Ukrainian founders and startups
Published: 14-09-2022 | 14:42:00 | By: Pie Kamau
ff Venture Capital (ffVC), an early-stage venture firm, has launched the ff Blue & Yellow Heritage Fund, the first US venture capital fund exclusively for Ukrainian founders and startups.


Copenhagen-founded open podcast startup Podimo secures €58.6m funding to accelerate market expansion
Published: 14-09-2022 | 14:20:00 | By: Pie Kamau
Copenhagen-founded startup Podimo, the subscription service for podcasts and audiobooks, announced it has secured another €58.6 million in an up round of funding, led by 83North.


Multimedia startup Tract raises $7m to empower kids develop 21st century skills through content creation
Published: 14-09-2022 | 14:00:00 | By: Pie Kamau
Tract, the online community where kids teach kids through multimedia, announced its $7 million seed funding round led by NEA.


Amcor increases investment in digital flexible packaging startup ePac
Published: 14-09-2022 | 13:26:00 | By: Pie Kamau
Amcor, a global player in developing and producing responsible packaging solutions, announced a further strategic investment of up to $45 million in ePac Flexible Packaging (ePac), a player in high quality, short run length digitally-based flexible packaging.


[Startup Interview] Tesh Mbaabu, CEO, MarketForce, Kenya
Published: 12-09-2022 | 16:47:00 | By: Pie Kamau
Tesh Mbaabu is a serial entrepreneur who lives to blend commerce and technology. He is the Co-founder and CEO of Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa today, MarketForce.


Africa's gender equal tech VC fund Janngo Capital reaches first close of its €60m fund
Published: 12-09-2022 | 16:38:00 | By: Pie Kamau
Janngo Capital Startup Fund (JCSF) has announced its first close at €34 million in capital commitments, to invest 50% of its proceeds in companies founded, co-founded, or benefiting women.


Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Published: 12-09-2022 | 11:57:00 | By: Pie Kamau
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.


Dutch game-tech startup Enliven raises €1m for groundbreaking empathy training in virtual reality
Published: 12-09-2022 | 11:29:00 | By: Pie Kamau
Together with Oost NL, LUMO Labs is investing €1 million in game-tech company Enliven. This Dutch startup from Arnhem offers groundbreaking empathy training for the prevention of physical and emotional violence in home and workplace.


Austrian SaaS startup Shopstory raises €2.2m in second round funding to back e-Commerce brands
Published: 12-09-2022 | 10:58:00 | By: Pie Kamau
Austrian startup Shopstory is raising a million-dollar investment from tecnet equity, Startup300 and business angels Patrick Pöschl (Co-Founder Scalable Capital) and Hansi Hansmann in its second round of financing.


Cyber security starup SaaS Alerts secures $22m to scale its security monitoring and response platform
Published: 12-09-2022 | 10:33:00 | By: Pie Kamau
SaaS Alerts, the cybersecurity company purpose-built for Managed Service Providers (MSPs) to protect and monetize their customers' core business SaaS applications, announced it has secured a $22 million growth investment.


Fireblocks surpasses $100m ARR milestone, cements its status as SaaS centaur
Published: 12-09-2022 | 10:19:00 | By: Pie Kamau
Fireblocks, an easy-to-use platform to create innovative products on the blockchain and manage day-to-day crypto operations, announced that its 2022 Annual Recurring Revenue (ARR) has surpassed $100 million.


Newly launched Accelerator Geekz Ventures joins Techstars Foundation
Published: 09-09-2022 | 13:20:00 | By: Pie Kamau
Atlanta-based entrepreneur Kunbi Tinuoye's new initiative to support minority founders has been selected to participate in the highly competitive Techstars Foundation's Accelerate Equity cohort. 


Smart energy startup Flair raises $7.6m Series A funding to expand climate tech for home and grid
Published: 09-09-2022 | 12:45:00 | By: Pie Kamau
Flair, creators of smart vents, thermostats and easy-to-use software for room-level temperature control, announced the closing of a $7.6 million Series A funding round.


Google announces 60 African startups selected for its second Black Founders Fund
Published: 09-09-2022 | 11:39:00 | By: Pie Kamau
Google has announced 60 qualifiers for its Google for Startups Black Founders Fund (BFF) for African startups.


Nigerian fintech startup NowNow raises $13m seed round to expand across Africa
Published: 09-09-2022 | 11:31:00 | By: Pie Kamau
Nigerian fintech startup NowNow Digital Systems has raised  $13 million in its seed round for expansion across Africa.


Waya digital banking startup for African immigrants goes official
Published: 09-09-2022 | 11:23:00 | By: Pie Kamau
Waya, a Kenyan and US-based fintech startup has announced the official launch of its full-service digital bank and money transfer app targeting the African Diaspora. 


Fintech startup Duplo raises $4.3m seed funding to transform business-to-business payments in Nigeria
Published: 09-09-2022 | 11:14:08 | By: Pie Kamau
Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria.


San Francisco-based startup HumanQ raises $2m seed round to expand its technology products
Published: 07-09-2022 | 13:35:00 | By: Pie Kamau
San Francisco-based HumanQ (formerly known as Experiential Insight), announced a $2 million seed round of funding, led by Kindred Ventures, to further expand on its technology products.


Constitutional Reserve Fund of Monaco allocates €10m to London-based Ocean 14 Capital impact fund
Published: 07-09-2022 | 13:14:00 | By: Pie Kamau
The Ocean 14 Capital fund, which focuses exclusively on the multi-trillion-dollar ‘blue economy’, has received a commitment of €10 million from the Constitutional Reserve Fund of Monaco to support its mission of funding sustainable solutions.


BioInnovation Institute announces new cohort of companies entering the Venture Lab program
Published: 07-09-2022 | 12:43:00 | By: Pie Kamau
BioInnovation Institute (BII), an international commercial non-profit foundation incubating and accelerating world-class life science research, announced the latest cohort of participants in its Venture Lab acceleration program for early-stage startups.


Polish startup DoxyChain raises €2.2m early seed funding to expedite security in document management
Published: 07-09-2022 | 12:17:00 | By: Pie Kamau
DoxyChain, a Polish startup building a solution for traditional document management transition to web 3.0 world, announced it has  raised €2.2 million from international investors to power its growth.


Swiss crypto startup 21.co raises $25m, becomes Switzerland's largest crypto Unicorn
Published: 07-09-2022 | 11:51:00 | By: Pie Kamau
21.co, the world's player in providing access to crypto through simple and easy to use products, announced a $25 million round led by Marshall Wace.


Edge computing startup EDJX appoints Benjamin Thomas as new CEO, raises seed funding round
Published: 06-09-2022 | 16:34:00 | By: Pie Kamau
EDJX, the pioneer in decentralized global serverless edge computing, announced it has hired a new CEO while simultaneously raising a seed round of funding.


Singapore-based web3 cybersecurity startup Silence Laboratories raises $1.7m seed funding to acccelerate growth
Published: 06-09-2022 | 13:26:00 | By: Pie Kamau
Silence Laboratories, a web3 focused cybersecurity startup working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding.


Dutch solar-powered car startup Lightyear secures €81m additional capital investment
Published: 06-09-2022 | 13:09:00 | By: Pie Kamau
Lightyear, a Dutch high-tech startup developing the world’s first solar car, announced a total investment of €81 million, which includes capital from the public consortium consisting of Invest-NL.


Infrastructure and private equity investment manager Foresight launches in Dublin, Ireland
Published: 06-09-2022 | 12:46:00 | By: Pie Kamau
Foresight Group (Foresight), a private equity and infrastructure investment manager, has announced the opening of its new office in Dublin, Ireland.


Missouri-based insurtech startup iCover raises $5m pre-Series A funding to accelerate growth
Published: 06-09-2022 | 12:18:00 | By: Pie Kamau
iCover, a Missouri-based insurtech startup that provides an algorithmic underwriting and QUI based eApp Service for life insurance companies, raised $5 million in pre-Series A funding. 


Puna Bio startup raises $3.7m seed funding to restore soil health with desert microbes
Published: 05-09-2022 | 14:41:00 | By: Pie Kamau
Puna Bio announced $3.7 million in seed funding that will be used to commercially launch its first soybean seed treatment in Argentina that is cost competitive to existing biological solutions, expand field trials for wheat and corn.


Customer engagement startup OneSignal raises $50m Series C funding to accelerate global expansion
Published: 05-09-2022 | 14:21:00 | By: Pie Kamau
OneSignal, the the customer engagement platform, secured $50 million in Series C funding to advance its unified messaging and orchestration capabilities, enhance its mobile data-driven email product.


African fintech startup Flutterwave secures switching and processing license from Central Bank of Nigeria
Published: 05-09-2022 | 14:11:00 | By: Pie Kamau
Flutterwave, Africa's payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN), widely regarded as CBN's most valuable payments processing license.


Japanese foodtech startup Yo-Kai Express partners with IPPUDO and TableMark to bring ramen and udon dishes to its autonomous restaurant platform
Published: 05-09-2022 | 14:01:00 | By: Pie Kamau
Yo-Kai Express announced new partnerships with TableMark and Chikaranomoto, to jointly develop and market varieties of new udon and ramen menu options.


Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
Published: 05-09-2022 | 13:16:00 | By: Pie Kamau
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.


London-based mental health startup Thalamos raises $1m to digitise the Mental Health Act
Published: 01-09-2022 | 15:18:00 | By: Pie Kamau
London-based mental health startup Thalamos announced it has raised €1 million seed round to digitise the Mental Health Act. 


Swiss foodtech startup Planted raises €70m Series B funding to accelerate international growth
Published: 01-09-2022 | 15:01:00 | By: Pie Kamau
Swiss foodtech startup Planted, known for its natural biostructured meat made from alternative proteins, announced it has successfully closed its Series B financing round of €70 million.


Nigerian mobility fintech Moove joins forces with Uber UK to bring electric vehicles to London
Published: 01-09-2022 | 14:42:44 | By: Pie Kamau
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber. 


Kenyan fintech startup Pezesha raises $11m to expand across Africa
Published: 01-09-2022 | 14:36:00 | By: Pie Kamau
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding, has raised $11 million in a pre-series A equity and debt funding.


Kenyan B2B e-Commerce startup Wasoko opens innovation hub in Zanzibar
Published: 01-09-2022 | 14:27:00 | By: Pie Kamau
Wasoko (formerly Sokowatch), an African B2B e-Commerce startup that leverages technology to transform the informal retail supply chain, announced the official launch of the “Wasoko Innovation Hub” in partnership with the Zanzibar government.


Venture capital firm JVP expands operations in New York, welcomes new partners and investors
Published: 05-08-2022 | 13:15:00 | By: Pie Kamau
Venture capital firm JVP announced it is expanding its activities in New York. Along with new investments in Fintech, Blockchain, Cyber, Climatech, Foodtech, and Digital Health, the fund has focused on growth.


Francisco-based foodtech startup Lypid partners with Louisa Coffee to bring plant based burger patties
Published: 02-08-2022 | 12:55:00 | By: Pie Kamau
Lypid, a global leader in alternative fat, announced its partnership with Louisa Coffee, the largest coffeehouse company in Taiwan, to serve juicy, meaty plant-based burger patties to over 500 shops nationwide.


Israeli biotech food colorant startup Phytolon closes $14.5m funding to accelerate growth
Published: 08-07-2022 | 11:36:00 | By: Pie Kamau
Phytolon, the developer of fermentation-based natural food colors, announced it has secured $14.5 million Series A funding, led by DSM Venturing, to further progress its technology towards commercialization.


Foodtech venture firm Supply Change closes equity investment from Bank of America
Published: 21-06-2022 | 14:38:00 | By: Pie Kamau
Supply Change Capital, a women and Latina powered venture firm investing in early-stage food technology businesses, announced an equity investment from Bank of America.


Canadian biotech startup Evolved Meats raises $2m seed round to accelerate growth
Published: 23-05-2022 | 13:08:00 | By: Pie Kamau
Evolved Meats ("Evolved"; formerly known as CaroMeats), a Canadian biotechnology startup, has raised $2 million in its seed round to accelerate its product development and to support the initial scale up of its production processes.


Nelson Maina: Taming fertilizer prices to boost food security in Kenya
Published: 18-05-2022 | 12:15:00 | By: Bob Koigi
Kenya’s cost of living has hit unprecedented highs with prices of basic commodities being out of reach for many citizens.


Israeli agritech startup Seed-X partners with Advanta Seeds to improve seed lot quality
Published: 16-05-2022 | 14:33:00 | By: Pie Kamau
Seed-X, an innovative AI-driven Agritech company, and Advanta Seeds, a UPL group company, are joining forces to apply new technology in seed processing.


Foodtech startup Haofood partners Lawson to accelerate presence in China
Published: 11-05-2022 | 12:30:00 | By: Pie Kamau
Haofood, a food science and technology startup announced a new partnership with Chinese convenience store Lawson where customers will gain greater access to its products.


Food tech startup Tomorrow Farms raises $8.5m seed round to fuel sustainable food revolution
Published: 09-05-2022 | 10:05:00 | By: Pie Kamau
Tomorrow Farms, a food technology company on a mission to fuel the sustainable food revolution with irresistible food and beverage brands, announced a $8.5 million seed round led by Lowercarbon Capital and additional key investors.


Plant-based meat startup Nowadays closes $7m seed round to accelerate health-focused chicken
Published: 22-04-2022 | 14:09:00 | By: Pie Kamau
Health-focused plant-based meat company Nowadays closed its oversubscribed Seed round, raising just shy of $10 million to-date to support commercialization of new plant-based chicken innovation.


U.S.-based food tech startup Yo-Kai Express launches autonomous restaurant platform in Japan
Published: 08-04-2022 | 13:16:00 | By: Pie Kamau
Yo-Kai Express, a Silicon Valley-based food tech startup announced the official debut of the Yo-Kai Express autonomous restaurant platform in J.R. East Tokyo.


SeaX Ventures launches $60m Fund II to help international startups expand into Southeast Asia
Published: 05-04-2022 | 13:54:00 | By: Pie Kamau
SeaX Ventures (Southeast Asia Exponential Ventures), announced the close of its second fund to help accelerate the growth of global startups throughout Southeast Asia.


French insect farming startup Ÿnsect acquires Nebraska-based Jord Producers to open first mealworm farm in the US
Published: 30-03-2022 | 11:43:00 | By: Pie Kamau
Jord Producers, based in Nebraska, has been incorporated into Ÿnsect’s production portfolio, signifying the global leader’s entry into North American mealworm production.


Plant-based food startup Lypid enters B2B vegan-fat market with $4m seed round to commercialize rich, juicy PhytoFat
Published: 09-03-2022 | 10:32:00 | By: Pie Kamau
Lypid, creator of vegan fats reported to taste and behave like animal fats, announced it has raised a $4 million seed round led by Green Generation Fund with additional support from Big Idea Ventures.


Kenyan foodtech startup Kune starts commercial operations in Nairobi
Published: 24-02-2022 | 10:38:05 | By: Pie Kamau
Kenyan foodtech startup Kune has officially launched commercial operations with four meal hubs located in strategic locations in Nairobi.


CA-based foodtech startup Yali Bio raises $3.9m seed round to advance plant based cultured fat production
Published: 23-02-2022 | 17:21:00 | By: Pie Kamau
Yali Bio, a CA-based foodtech startup focused on designer fats for plant-based meat and dairy products announced today it has raised a $3.9 million seed round, bringing their total funding to $5 million.


Grocery logistics startup EasyBins raises $2m late stage seed round for expansion
Published: 26-01-2022 | 12:21:00 | By: Pie Kamau
EasyBins, a company solving the grocery logistics problem for suburban markets in North America, announced $2 million late stage seed round funding to expand its geographic footprint and invest in technology and staff.


Israeli foodtech startup Plantish unveils whole-cut plant-based salmon fillets
Published: 18-01-2022 | 10:55:38 | By: Pie Kamau
Israeli foodtech startup Plantish is giving consumers a first look at its flagship product, a 100% plant-based whole-cut salmon fillet, which mimics cooked salmon in texture, taste, appearance and structure.


Irish digital food-ordering startup Flipdish raises €87m funding to transform digital consumer experience in hospitality
Published: 13-01-2022 | 12:07:00 | By: Pie Kamau
Irish digital food-ordering platform Flipdish has become the State’s fifth official home-grown tech unicorn following a new €87 million investment led by global technology company Tencent and Tiger Global.


Israeli foodtech startup Future Meat raises $347 million funding to bolster position in cultivated meat industry
Published: 04-01-2022 | 10:02:23 | By: Bob Koigi
Future Meat Technologies, an Israeli startup developing innovative technology to produce cultivated meat, has announced that it has raised $347 million in Series B round of financing.


African scientists make a case for home grown research on continent’s food systems
Published: 24-12-2021 | 12:00:00 | By: Bob Koigi
A storytelling event organized by African Women in Agricultural Research and Development (AWARD), saw four accomplished African researchers working on agriculture and food security share their personal journeys in agricultural research, and discuss how they are working to transform farming on the continent.


REEF acquires foodtech Startup 2ndKitchen
Published: 08-12-2021 | 15:21:10 | By: Bob Koigi
REEF and 2ndKitchen’s existing businesses will be combined under the REEF brand, and will operate under REEF’s Hospitality division.


Estonian startup Gelatex raises €1.2m seed round for affordable and scalable manufactured cell-cultured meat
Published: 26-11-2021 | 10:06:00 | By: Pie Kamau
Estonian startup Gelatex announced it raised €1.2m seed round for affordable and scalable manufactured cell-cultured meat, making it cheaper than ever.


Kigali-based agriculture startup AflaSight, partners launch innovative projects to improve maize quality in Rwanda
Published: 24-11-2021 | 07:49:00 | By: Pie Kamau
The World Food Programme, IFC, Kigali-based agriculture startup AflaSight, and research firm Vanguard Economics launched innovative projects to help farmers and grain traders reduce the prevalence of aflatoxins in crops and grains in Rwanda.


Israeli foodtech startup Imagindairy closes $13m seed round to advance animal-free dairy
Published: 23-11-2021 | 08:08:00 | By: Pie Kamau
Imagindairy, a foodtech company creating milk proteins identical to those from cows, announced completion of a $13 milion seed round, led by MoreVC, a leading seed stage investor in Israel managing $275 million across three funds.


US startup Impossible Foods expands into Australia and New Zealand
Published: 18-11-2021 | 19:29:09 | By: Bob Koigi
California-based Impossible Foods has arrived in Australia and New Zealand, marking the company’s third and fourth international market launches in 14 months.


Fort Ross Ventures announces first closing of $200m late-stage fund
Published: 18-11-2021 | 09:31:00 | By: Pie Kamau
Fort Ross Ventures, an international venture-capital firm focused on startups in the U.S. and Israel, announced the $100 million first closing of its late-stage fund.


Biotech startup Shiru closes $17m Series A to develop novel plant-based food ingredients
Published: 28-10-2021 | 09:32:00 | By: Pie Kamau
Shiru, a biotech startup that identifies and creates novel plant-based ingredients for the global food industry, closed a $17 million Series A round led by S2G Ventures and joined by returning investors Lux Capital, CPT Capital, Y Combinator, and Emles Venture Partners.


Start-Up Nation Central signs MoU with TiE to boost technological innovation of Israeli and Indian startups
Published: 07-10-2021 | 11:40:00 | By: Pie Kamau
Israeli not-for-profit Start-Up Nation Central signed a Memorandum of Understanding with TiE to achieve full implementation of sustainable Israeli and Indian technologies in the foodtech sector.


Plant-based food startup immi raises $3.8m seed funding to modernize instant ramen
Published: 17-09-2021 | 12:47:00 | By: Pie Kamau
immi, the better-for-you Asian American food brand that launched the world's first low-carb, high-protein, 100% plant-based instant ramen during the pandemic, announced a $3.8 million seed round fundraise led by Siddhi Capital.


Kenyan female entrepreneurs embrace digital platforms to power operations
Published: 09-09-2021 | 11:45:00 | By: Bob Koigi
A group of trailblazing Kenyan women are carving their own paths to success. From doctors to content creators, they are using the power of online platforms to amplify their voices and help others flourish.


Canadian plant-based food innovation startup TMRW Foods raises $2.6m in seed round funding
Published: 08-09-2021 | 12:09:00 | By: Pie Kamau
TMRW Foods, the growing Canadian plant-based food innovation company, announced a seed round investment of $2.6 million.


Foodtech startup GrubMarket acquires Bartolotta, further expands in Eastern US and Canada
Published: 07-09-2021 | 16:04:00 | By: Pie Kamau
Food technology startup GrubMarket announced it has completed the acquisition of Bartolotta, a full-service provider of fresh fruits and vegetables to customers in New England, the Mid-Atlantic and Eastern Canada.


Jiddu acquires CerraCap Ventures portfolio company Nirveda Cognition
Published: 13-08-2021 | 13:44:58 | By: Pie Kamau
CerraCap Ventures, a Global Venture Capital fund, announced acquisition of its portfolio company Nirveda Cognition by Jiddu Inc for an all-stock deal. The transaction is one of a slew of recent exits from CerraCap's investment fund.


Oregon-based startup Marwall launches LunchPod to change how Americans go out to eat
Published: 03-08-2021 | 11:13:00 | By: Pie Kamau
Oregon-based startup Marwall LLC is releasing the LunchPod, a stainless steel insulated lunch box with custom utensils and a removable, collapsible silicone to-go container with the goal of changing how Americans go out to eat.


UN announces 50 best small business winners providing “Good Food for All”
Published: 27-07-2021 | 11:31:35 | By: Bob Koigi
Fifty small- and medium-sized enterprises around the world have been announced as the Best Small Businesses of the “Good Food for All” competition, held in conjunction with the UN Food Systems Summit.


BIND 4.0 opens sixth call for innovative tech startups around the world
Published: 21-07-2021 | 13:07:00 | By: Pie Kamau
The Open Innovation & Acceleration Program, BIND 4.0, has just launched its sixth edition open call to search for the most innovative technology startups around the world.


Food and beverage tech startup Botrista closes $10m Series A to make craft beverages accessible via robotic automation
Published: 29-06-2021 | 14:12:00 | By: Pie Kamau
Botrista Technology, a company revolutionizing the beverage industry with the Botrista DrinkBot, announced it has raised $10 million in a Series A funding.


Israeli foodtech startup Better Juice raises $8m in seed funding
Published: 23-06-2021 | 13:50:00 | By: Pie Kamau
Israeli foodtech startup Better Juice, the first company to reduce all sugars from natural juices, announced it has raised $8 million in seed-round investment.


Sustainability-focused pet care startup Petaluma launches plant-based diet for dogs
Published: 16-06-2021 | 11:10:48 | By: Pie Kamau
Petaluma, Inc., a pet care startup focused on sustainability, launched the world's first baked and plant-based formula for adult dogs of all breeds. The company's mission is to offer environmentally responsible diets that meet 100% of a dog's nutritional requirements.


Food startup OZO expands plant-based proteins to international retail starting in Canada
Published: 11-06-2021 | 14:44:00 | By: Pie Kamau
Planterra Foods, an innovative plant-based protein startup based in Colorado, announced a supply agreement with UNFI Canada, a subsidiary of UNFI, the largest publicly traded grocery distributor in North America.


The UN Food Systems Best Small Business competition: Startups time to shine
Published: 28-05-2021 | 12:44:00 | By: Bob Koigi
Small businesses around the world that help provide healthy food that is good for the environment, good for their communities and create jobs for people locally are being invited to share ideas and suggestions for how their countries and economies can maximize their positive impact.


UN launches hunt for startups and enterprises changing the face of food systems
Published: 10-05-2021 | 11:03:00 | By: Pie Kamau
The UN Food Systems Summit has announced a competition to identify the best small and medium-sized enterprises (SMEs) from across the world who are transforming food systems for a better tomorrow.


Rice sector players set for conference on boosting research and inclusivity
Published: 07-05-2021 | 17:00:00 | By: Bob Koigi
Rice sector players in sub-Saharan Africa and Asia are set to lead discussions on accelerating progress in rice research & development, inclusive markets & value chains.


The Batchery introduces next wave of innovative startups in Berkeley, California
Published: 06-05-2021 | 11:12:00 | By: Pie Kamau
The Batchery announced its 12th Demo Day featuring eleven early-stage startups from the Berkeley-based incubator's intensive Deep Dive program.


Foodtech startup GrubMarket acquires Vaccaro & Sons to expand to St. Louis, Missouri
Published: 05-05-2021 | 13:24:00 | By: Pie Kamau
San Francisco-based food technology startup GrubMarket announced it has completed the acquisition of Vaccaro & Sons in St. Louis, Missouri.


U.S.-based food tech startup Yo-Kai Express expands partnerships with Japan
Published: 26-04-2021 | 13:16:00 | By: Pie Kamau
While restaurants and small businesses everywhere have struggled to survive the pandemic, U.S.-based foodtech startup Yo-Kai Express (YKE) has leveraged its technology and ideas to evolve and transform its business models to broader platforms.


SWARM Engineering startup raises $2.7m in seed funding led by S2G Ventures and Serra Ventures
Published: 16-04-2021 | 08:50:00 | By: Pie Kamau
SWARM Engineering, the next generation of cognitive software for the food supply chain, announced it closed funding for a $2.7 million seed round.


Telecel Group launches applications for Africa startups accelerator programme
Published: 14-04-2021 | 15:47:19 | By: Bob Koigi
The Program helps startups achieve 18-24 months of growth in just three months. Now, the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought.


Grow-NY startup business competition kicks off year 3
Published: 14-04-2021 | 10:20:00 | By: Pie Kamau
The application window for the 2021 Grow-NY million-dollar top prize business competition is now open for submissions. Grow-NY, a unique initiative which connects innovators and investors in the food, beverage and agriculture.


Food Tech Studio - Bites! unveils 85 startups from across the world to participate in its innovation program
Published: 04-02-2021 | 15:33:00 | By: Pie Kamau
Scrum Ventures announced the list of startups chosen to participate in its Food Tech Studio - Bites!, a global program aimed to solve the key challenges plaguing our food supply chain today, including (but not limited to) safety, waste reduction, and health.


Canadian tech startup Vegano disrupts meal-kit delivery services market
Published: 29-01-2021 | 14:47:42 | By: Pie Kamau
Vegano, Canada's first plant-based meal-kit delivery service, is helping Canadians take plant-based living beyond Veganuary. Following its official launch on January 4, 2021, Vegano has delivered over 800 meals.


Food-tech startup CookUnity secures $15.5m in Series A funding for expansion
Published: 14-01-2021 | 10:48:00 | By: Pie Kamau
CookUnity, the Brooklyn-based food-tech company that introduced the first direct Chef-to-Consumer meal subscription platform, announced the closing of a $15.5 million Series A investment round.


Delivery Hero launches venture capital fund to drive innovation in food delivery
Published: 13-01-2021 | 14:25:01 | By: Bob Koigi
Delivery Hero, the world’s delivery platform, has announced the launch of DX Ventures, an independently managed early-stage venture capital fund with a focus on investing in disruptive founder-led companies.


Gut-health nutrition startup Muniq raises $8.2m Series A investment round
Published: 13-01-2021 | 12:40:00 | By: Pie Kamau
Muniq, the innovative consumer health and food-tech brand created by Marc Washington, founder and CEO of Uplifting Results Labs, announced the closing of a $8.2 million Series A investment round.


Biotech startup TurtleTree Labs raises $6.2m in Pre-A funding round
Published: 17-12-2020 | 15:26:00 | By: Pie Kamau
TurtleTree Labs, a biotech company pioneering the method to produce milk using cell-based technology, announced the close of an oversubscribed $6.2 million Pre-A funding round from new and existing global investors.


Plug and Play launches new office in Chicago, Illinois
Published: 11-12-2020 | 13:53:00 | By: Pie Kamau
Global innovation platform, Plug and Play, announced its newest location in Chicago, Illinois, to focus on connecting startups, corporations, and investors working on innovating the food and beverage industry.


Mondelēz International invests in Israel foodtech startup Torr
Published: 19-11-2020 | 13:38:33 | By: Bob Koigi
SnackFutures, Mondelēz International’s innovation and venture hub dedicated to unlocking emerging snacking opportunities around the world, has made a seed investment in Torr, an early stage Israeli Foodtech Company.


Dutch foodtech startup The Protein Brewery raises €22 million for expansion
Published: 07-11-2020 | 13:15:00 | By: Bob Koigi
The Protein Brewery, a Netherlands innovative developer of protein-rich food ingredients has announced that it has raised a €22 million Series A investment, bringing its total funding to date to € 26 million.


Nestlé USA acquires food delivery startup Freshly
Published: 02-11-2020 | 15:11:00 | By: Pie Kamau
Nestlé announced it has acquired food delivery startup Freshly, fresh-prepared meal delivery services in the U.S. The deal values Freshly at $950 million, with potential earnouts up to $550 million contingent to the successful growth of the business.


Nufarm, German agritech startup CROP.ZONE partner for alternative weed control across European markets
Published: 22-10-2020 | 11:42:00 | By: Pie Kamau
Australian crop protection and specialty seed company Nufarm and the German agritech startup CROP.ZONE have partnered to launch Nufarm's and CROP.ZONE's hybrid herbicide solutions across major European markets.


Rabobank unveils 45 food & agriculture startups selected for FoodBytes! Pitch 2020
Published: 07-10-2020 | 12:16:00 | By: Pie Kamau
Rabobank unveiled the 45 startups selected to participate in FoodBytes! Pitch 2020, its global food and ag startup discovery program that helps entrepreneurs scale their impact through mentorship and connections to corporate leaders and investors.


S2G Ventures, CDPQ announce funding for startups in sustainable food business
Published: 30-09-2020 | 15:55:00 | By: Bob Koigi
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.


Scrum Ventures launches Food Tech Studio - Bites!
Published: 30-09-2020 | 15:08:00 | By: Pie Kamau
Scrum Ventures announced the launch of Food Tech Studio - Bites!, a global community of stage-agnostic startups who share a common vision of solving key challenges plaguing food supply chain.


Dutch food tech startup Mosa Meat receives $55 million to expand operations
Published: 29-09-2020 | 16:03:52 | By: Bob Koigi
Mosa Meat, a Dutch food technology startup which introduced the world’s first cultured beef hamburger in 2013, announced the first closing of $55 million as part of a larger Series B funding round.


German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Published: 18-09-2020 | 13:22:00 | By: Pie Kamau
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.


Delivery Hero buys Glovo’s Latin America operations at $272 million
Published: 18-09-2020 | 12:39:00 | By: Bob Koigi
Delivery Hero, the world’s local delivery platform, has entered into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to €230 million.


Cellular agriculture startup Wildtype launches salmon in sushi restaurants
Published: 17-09-2020 | 12:07:00 | By: Pie Kamau
Cellular agriculture startup Wildtype has unveiled its latest cell-based salmon. This version is "sushi-grade" and crafted with the sushi industry's favorite raw salmon applications in mind.


Chromologics raises €1.9m seed round to accelerate development of fermentation-derived next generation food colorants
Published: 01-09-2020 | 17:19:00 | By: Pie Kamau
Chromologics, which is developing innovative natural food colorants, announced it has raised €1.9 million in seed financing led by Novo Seeds and supported by Nordic FoodTech VC and Vækstfonden.