Elaine Watson

"Within 10 years, with advances in crop sensing, specialized inputs, and autonomous vehicles, we'll close the fertilizer loop entirely,” says Picketa CEO Xavier Hebert-Couturier. Image credit: Picketa

Image credit: SWAP Food Paris-based alt meat firm SWAP Food (formerly UMIAMI) has been placed into judicial liquidation and ceased activities today (June 15) according to emails sent to industry stakeholders this week.

Professor Hilde Nelissen (left) and Giacomo-Bastianelli (right). Image credit: Rainbow Crops

Manmit Shrimali: "The industry doesn't lack concepts or ideas. It needs a new operating model to win in the market." Image credit: Turing Labs

Thijs Bosch: 'This sets a historical precedent in food technology.'Image credit: The Protein Brewery

Stephan van Sint Fiet: Turning the "promise of precision fermentation into a commercial reality, at scale." Image credit: Vivici

Solar Foods is now focused on turning MOUs and LOIs into binding offtake commitments, says CEO Rami Jokela.

AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech.

Fork & Good CEO Niya Gupta and COO Patricia Bubner, PhD. Image credit: Fork & Good

Goterra had long-term offtake agreements, but lacked the capital required to convert contracted demand into realized revenue, says founder Olympia Yarger. Image credit: Goterra