Startup news and deals
🇺🇸 ☕ Atomo, a US-based startup, raised $7.8M for its beanless coffee produced with upcycled ingredients.
🇮🇱 🍫 Pluri, an Israeli startup, raised $6.5M to acquire a majority stake in Kokomodo, another Israeli startup using plant-cell culture to create an alternative to cacao.
🇩🇪 🥩 Project Eaden, a German startup, raised €15.6M to launch its ultra-realistic plant-based meat products using fiber-spining technology.
🇫🇷 🌿 Aisprid, a French startup, raised €10M to transform greenhouse agriculture using AI and robotics.
🇩🇪 🥗🌱 Ingarden, a German startup, raised €1.2M for its household microgreens farms. Let’s see if it can crack the product-market fit of this category. Many startups have attempted to launch mini-scale microgreen farms for consumers without much success (most, if not all, have closed for quite some time now).
🧀💛 Willicroft, a Dutch startup with a range of plant-based cheeses, closed down after failing to raise additional capital.
Industry new & trends
🇩🇰 🧑🌾 Agreena, a Denmark-based company, has achieved a significant milestone by registering its carbon credits under Verra’s Verified Carbon Standard (VCS), marking the first large-scale agricultural project to do so.
🇺🇸 🏪 Walgreens, a US retailer, has a problem with its refrigerator doors. It replaces standard doors with digital ones displaying ads and what’s inside the refrigerators. A great idea… until these doors get deactivated due to a conflict with their manufacturer. The retailer is now facing a $200M lawsuit.
