Global startups secure millions to revolutionize food, farming, and sustainability
Several innovative companies have secured significant funding to drive growth in various sectors. Uluu, an Australian startup, raised AU$16M to scale seaweed-based plastic alternatives. Meanwhile, Atlantic Fish Co. secured $1.2M to pursue the vast US seafood market. In Poland, Holi received €3 million to expand its digital obesity treatment platform.
In the realm of agriculture, several notable fundraisings have taken place. Nbryo nabbed $10 million to breed better beef in Queensland, Australia. HudsonAlpha received $2M for crop and forest research in the United States. Source.ag secured $17.5M to advance AI for controlled environment agriculture. nextProtein, an insect farmer, landed $20.7M Series B to scale in Tunisia, following a similar funding round in 2021 for Biogemma.
In the tech sector, Appetronix raised $6m to scale robotic kitchens in the United States. First Water, a land-based salmon farming operation, raised €24M to expand in Þorlákshöfn, Iceland. Ceres raised $13 million and appointed John Tincoff to its board, further solidifying its position in the market.
These fundraisings demonstrate the growing interest and investment in innovative solutions across diverse sectors, from sustainable materials and agriculture to technology-driven food production. The capital raised will enable these companies to scale their operations, expand their reach, and drive further innovation in their respective fields.
