Foodtech

Agtech, Insect Farming and the Future of Efficiency: An Interview with Ÿnsect’s Co-Founder

Chris Sworder
Posted on by Chris Sworder
Today, the main goal of insect farming is to develop a product to replace fishmeal as an ingredient in fish feed. Fishmeal currently has a global production of three to four million tons and was worth $6.3 billion in 2017. Eventually, insect farmers want to compete in the pet food ($91 billion) and even animal feed ($400 billion) markets. Business specifics Rather than building, owning and operating each insect farm, a licencing model is possible. Insect farming is highly automated... Read More »

Standout Fundraising Achievement of the Year 2019 awarded to Agtech company

Chris Sworder
Posted on by Chris Sworder
Ÿnsect, a company that breeds insects for feed and non-food applications was awarded the Fundraising Achievement of the Year 2019 for Europe and Israel. Co-Founder, Alexis Angot, was at the recent Cleantech Forum Europe in Stockholm to collect the award following the impressive $125 million Series C the company announced in February, raised from investors including Astanor Ventures, Demeter, Quadia, Talis Capital, Idinvest Partners, Credit Agricole Brie Picardie, Caisse d'Epargne, Picardie Investissement, Finasucre, Compagnie du Bois Sauvage, Happiness Capital, VisVires... Read More »

Food News: Motif Ingredients – Microbes to Meat, the Race is on…

Chris Sworder
Posted on by Chris Sworder
The news about Ginkgo Bioworks spinning out Motif Ingredients signals an acceleration in the race to create an alternative meat. Plant-based meat has opened the door to consumer acceptance. Now the challenges are overcoming production bottlenecks and improving the taste, feel and versatility of the products. With $90 million of fresh capital, an impressive set of investors and a pedigree from Ginkgo Bioworks, the race is on. Spotlight on burgers Plant-based burgers are making the news, with the latest offerings including the UAE-based... Read More »

The Foodtech Cornucopia Continues

Chrysostomos Meli
Posted on by Chrysostomos Meli
Interest in the Agriculture and Food sector has skyrocketed in the last two years, essentially more than doubling from $800 Million in 2013 to $1.7 billion in 2014. Of particular interest is the massive increase in VC investment in Consumer Food Sourcing companies, a sub-sector of Agriculture and Food. During the same period, consumer food services and particularly on-demand food service companies enjoyed a 7-fold increase in venture capital investment, going from $89 million to $678 million. These same trends... Read More »