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12 FoodTech news to know this week (2025 – week #11)

Published on March 10, 2025

Startup news and deals

🇬🇧🫒 Citizens of Soil, a UK-based startup, raised $2.1M to expand its premium & sustainable olive oil production and distribution.

🇵🇹 🐟 SEAentia, a Portuguese startup, raised €16M to scale its eco-friendly aquaculture corvina (fish) production.

🇬🇧🧬 EPOCH Biodesign, a UK-based startup, raised $18.3M for converting plastic waste into valuable resources through bioengineering.

🇫🇮🍃 Solar Foods, a Finnish startup, secured an additional €10.6M grant to scale its gas-fermentation technology, turning CO₂ to create protein-rich ingredients.

🇺🇸🌱 Avalo, a US-based startup, raised $11M for its AI-powered plant breeding technology to make crops such as sugarcane more climate resilient.

🇺🇸🧬 Decibel Bio, a US-based startup, raised $12M for its epigenetic tools to enhance plant traits and performance at the genetic level.

🇺🇸🧪 Nitricity, a US-based startup, raised $10M to build an organic fertiliser plant to produce nitrogen from renewable sources and upcycled ingredients such as almond shells.

🇺🇸☕ Odeko, a US-based startup, raised $126M for its platform, supporting small businesses (like coffee shops) with inventory management and ordering tools. It already operates 15 warehouses across the US.

🇻🇳 🚜 TechCoop, a Vietnamese startup, raised $70M for its solutions and tools to modernise supply chains and farming operations. It appears to be growing fast (10% month over month with strong revenue prospects for this year). Tech solutions to support farmers in emerging economies (notably in lower-middle income countries with strong economic growth, such as Vietnam) in their transition towards more productive and more efficient farming practices are one of the areas with the strongest opportunities for local AgriFoodTech entrepreneurs.

🇺🇸🍫 GoodSam Foods, a US-based startup, raised $9M for its ethically sourced range of healthy snacks, chocolate, coffee, and other products.

Beyond food startups

🇪🇺 After years of debate, the European Commission abandoned its goal of extending the Nutri score.

🍔 Interesting read on how McDonald’s is already leveraging artificial intelligence today while planning for future improvements to optimise operations, including drive-thru interactions, menu personalisation, and supply chain management.

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What we did:

  • Mapping of the AgTech ecosystem: startups, research regulators, and other leading companies.
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  • Creating a consensus on which categories to prioritise and how to address them.
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What we did:

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Results:

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