AgriFutures Australia’s Post

📣Calling early-stage AgriFoodTech startups: this is your last chance! 🙌Apply now for this year's StartLife Accelerate program, a opportunity to see serious growth for your startup in 2024. 📆 The deadline for applications is fast approaching, and you only have until Friday 19 January (this week) to take action. 🦸♀️Are you ready to revolutionize the food system of tomorrow? 👊Our Accelerate program helps you achieve your goals, find product-market fit, and connect with the FoodValley ecosystem. ⏰We understand the urgency to innovate and feed the planet while taking care of it, and we need startups like yours help to make it happen. 🚀 Don't miss out on this chance to explore funding opportunities, grow your startup, and make a positive impact on the world. 🖊️Apply now through the link below and let's create a better future food system for all! 🔗https://lnkd.in/e6SiZhbg #agrifoodtech #startlifeaccelerate #startupgrowth #innovation #sustainability #futureoffood #foodsystemtransformation

It’s time for the third FoodHack Berlin Meetup on 4th September and this time we tackling a topic we have heard a lot about over the last year or two: 🤝 Startup x Corporate collaboration. We know that corporates need startups, and we know that startups need corporates. But what are the needs and expectations that each has of the other? How do you enter into these ventures, and how do you manage the partnership over a multiyear period? 🤔 Our first expert on this topic is Celia Rimpot, a specialist in venture development and technology, with over five years of experience with tech startups and corporates. Célia launched and managed an intrapreneurship program focused on climate change and the circular economy for a major mobility corporation, before moving to a deep-tech venture studio where she coached over 60 tech entrepreneurs and early-stage startups from ideation to product development. 💡   Now, as Business Development Manager at Food Campus Berlin, Célia develops the Center for the Future of Food, bringing together food-tech startups, corporates, and scientists to work towards a better food system. 🥕 Our Luma page is still a WIP, but you can reserve your ticket there now. We are capped at 60 attendees so be quick. https://lu.ma/x15j5h12 Looking forward to seeing you in a few weeks’ time. Your FoodHack Berlin team #foodhack #berlin #startups #networking #foodtech #food #jointventure #partnership #innovation #collaboration #accelerator #entrepreneurship

🤝 This is what we do at startlife: 🚀 We accelerate AgriFoodTech Startups that are shaping a sustainable food system. 🌍 Tomorrow’s global food supply challenges demand a radical approach to innovation in the food and agriculture sectors today. Due to their innovative capacity, we believe that startups are the propelling force behind the agrifoodtech innovations required to meet global food demand in the future. We help startups in 2 ways: 1. Startlife Accelerate: this is our flagship (zero-equity) support program for innovative early-stage startups in AgriTech and FoodTech addresses what is crucial to validate your business, raise funding and grow your company. (read more here: https://lnkd.in/epYGavEq) 2. Startlife à la Carte: A tailored support program for AgriFoodTech startups with a strong product-market fit, that are seeking to leverage StartLife’s ecosystem to accelerate the growth of their business. (read more here: https://lnkd.in/eaa5dWNt) 👀 Are you a startup founder in this space? Let’s connect! We are happy to accelerate your business for a better future. 😄 PS: €629M , that is what our startups have secured over the years. #startups #business #agritech #foodtech #founders

Explore our story! 🌟 Learn what sets us apart in agritech market 🌱 #agritech #sustainability #ourstory

Congratulations to our portfolio company, Galbot, for being recognized as the Top 1 Asia Startup in The Information's 50 Most Promising Startups 2024! This recognition highlights Galbot's potential to become a valuable player in its field, evaluated based on revenue, business model, and growth prospects. The Information carefully curated this list by consulting industry experts, focusing on startups that have raised less than $100 million in funding and are valued at under $1 billion or began operations within the last two years. Galbot has made significant strides by developing several humanoid prototypes and exploring diverse use cases for business customers. Currently, ten domestic restaurants are testing Galbot robots for taking orders and serving food. The company is poised to generate revenue through the sale or lease of its robots and is actively negotiating deals with retailers. #StartupRecognition #Innovation #HumanoidRobots #TheInformation #Entrepreneurship #GrowthPotential #Technology #AsiaStartups #FutureOfWork #QimingPortfolio #QimingTechnology View the Full List: https://lnkd.in/grz8BFmi

🔗 100 Unicorns-Backed Agritech Startup Greenikk Shuts Operations. In a surprising turn of events, Greenikk, an agritech startup backed by 100 Unicorns, has announced the shutdown of its operations. 📉 Reasons for Closure: - The decision comes amid challenging market conditions and operational hurdles that the company was unable to overcome. - Despite initial promise and investor support, Greenikk faced difficulties in scaling its business effectively. 💔 Impact on Stakeholders: - The shutdown not only affects the team at Greenikk but also raises concerns among investors regarding the sustainability of agritech ventures in the current landscape. - Employees and stakeholders are likely to face uncertainties as the company winds down its operations. 🌱 Market Context: - The agritech sector has been rapidly evolving, yet many startups face intense competition and challenges related to profitability and scalability. - Greenikk's closure highlights the difficulties that even well-backed startups can encounter in the dynamic agritech ecosystem. 🔄 Future Implications: - This closure may prompt investors to reassess their strategies and the viability of similar agritech startups in the market. - It serves as a reminder of the risks involved in startup investments, particularly in emerging sectors. The shutdown of Greenikk underscores the volatility of the agritech industry and the importance of adaptability and robust business models for sustained success. #Greenikk #Agritech #StartupClosure #100Unicorns #InvestmentRisks #MarketChallenges #Microshots

💥 Celebrating five years, 100 startups, and the future of food! We've had the privilege of supporting the incredible journey of the 100+ food-tech founders at the ProVeg Incubator since we launched back in 2018. 💡 For a sector that's so fundamental to our survival, it is quite underfunded. Reports estimate that food system transformation needs between $300-350 billion each year. This is a massive 15x financing gap from where we are now. As the sector evolves, we're taking this moment to reflect on our learnings over the last five years. The report also captures our views, and those of our alumni, mentors, and partners, on the state of the market, key trends, and what the future holds. 🤝 A heartfelt thank you to all our founders, partners, and investors who shared their insights for the report and their continued support. Your dedication and passion are truly inspiring! 📊 You can read the report at: https://lnkd.in/eyPmPAts #foodtech #startups #innovation #futureoffood

Read more about the 17 most promising #startups in the Bay Area in 2024, as named by Bay Area Inno!

🇪🇺🗺️ Here is DigitalFoodLab Top 50 #European #FoodTech startups Each year we update this mapping by taking into account all FoodTech startups and: - the underlying trend (is it doing well or not) - the funding situation (or revenue/profitability) of the startup - the specific hype of the startup: is it able to generate interest? - its exit potential 👉 Look at the full list here: https://lnkd.in/enxUXp-V

#Food #science is going strong in #Finland. Congrats Onego Bio and Solar Foods. I would also add Enifer to the list! Onego Bio's #bioalbumen is a revolutionary animal-free egg protein produced through #precision #fermentation. This product is bioidentical to #ovalbumin, the major #protein in chicken egg whites, and offers a range of functional benefits. Bioalbumen contains all essential amino acids and boasts a protein digestibility score (PDCAAS) of 1.0, making it nutritionally complete with over 90 grams of protein per 100 grams. Solar Foods offers a novel protein called #Solein, produced through a unique process that utilizes CO2, air, and electricity. This protein is derived from a natural, non-modified #microorganism and is grown in controlled #bioreactors, eliminating the need for #traditional #agricultural resources such as arable land, water, and fertilizers. Solein is highly nutritious, comprising 65-70% protein, 5-8% fat, 10-15% dietary fiber, and 3-5% mineral nutrients. It contains all nine essential amino acids, making it a complete protein. Its macronutrient profile is similar to that of dried soy or algae, and it also provides iron, fiber, and B vitamins. Enifer's offering centers around its novel protein product, #PEKILO®, a #mycoprotein produced through fungal fermentation. Originally developed in the 1970s for the Finnish forest industry, PEKILO® has been adapted and enhanced by Enifer to convert various industrial by-products into a high-protein, sustainable ingredient (Enifer) (foodingredientsfirst.com). PEKILO® is highly versatile and contains up to 70% protein, 20-30% high-quality fiber (mainly beta-glucan), about 10% fats and minerals, and is rich in vitamin B. The protein powder is neutral in taste and color, making it suitable for a wide range of applications, including plant-based meat alternatives, baked goods, dairy substitutes, and aquafeeds. #foodtech #precisionfermentation #fermentation #growth #impact #sustainability #co2 #emissions #growthcompany #VC #funding #comprehensivesecurity VTT #spinoff #animalfree