The Week in AgriFoodTech: Colossal Biosciences raises $200m, Chipotle invests in methane reduction

the-week-in-agrifoodtech:-colossal-biosciences-raises-$200m,-chipotle-invests-in-methane-reduction

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Colossal is trying to bring back the wooly mammoth. Credit: iStock/Aunt Spray

The Week in AgriFoodTech: Colossal Biosciences raises $200m, Chipotle invests in methane reduction

January 16, 2025

Samuele Gabbio

This week, Colossal Biosciences, the company trying to bring back the woolly mammoth, raised a whopping $200 million while NatureMetrics, a British startup in nature intelligence and biodiversity monitoring, closed a Series B round.

Outside of funding, quick-service restaurant chain Chipotle announced two new investments via its Cultivate Next arm and Syngenta launched a new partnership to speed up R&D for biologicals.

Image credit: iStock/Aunt Spray

Startup Funding

🇺🇸 Colossal Biosciences raises $200m at $10.2b valuation to bring back woolly mammoths TechCrunch

🇩🇪 Formo secures $36m in venture debt funding to scale animal-free fermentation platform AgFunderNews

🇬🇧 NatureMetrics raises €24.3 m to develop biodiversity monitoring Eu Startups

🇸🇪 Swedish cleantech startup receives €22.5m EU funding to expand PFAS removal technology Arctic Startup

🇨🇦 Enhanced Medical Nutrition secures $5m Series A Private Capital Journal

🇲🇽 Mexican biogas producer Sistema.bio secures $3.5 m from Novastar Ventures to scale African renewable energy solution Techpoint Africa

🇺🇸 Robigo wins THRIVE program and secures investment from SVG Ventures THRIVE by SG Ventures

🇺🇸 Terviva Secures Investment from Idemitsu to Scale Sustainable Pongamia Production for Sustainable Aviation Fuel

Image credit: Syngenta

M&A, IPOs & partnerships

🇮🇳 Varaha signs ‘landmark’ deal with Google to make smallholders part of the carbon removal solution AgFunder News

🇫🇷 Louis Dreyfus buys BASF’s food and health ingredients business Agriculture Dive

🇸🇮 Slovenian organic superfood producer Narayan Group to be acquired by Edible Garden Vegconomist

🇨🇳🇬🇧 Syngenta and TraitSeq team up to accelerate biostimulant R&D AgTech Navigator

🇺🇸 FMC Corporation restructures agtech VC arm FMC Ventures AgFunderNews

🇺🇸 Shiru launches global search for beverage partner to discover and scale natural sugar replacement with AI-powered ingredient discovery PR Newswire

Plantible lemna farm in Texas
Plantible lemna farm. Image credit: Plantible

Funds, grants & accelerators

🇦🇺 New Forests holds A$600m final close on ANZ Landscapes and Forestry Fund Agri Investor

🇺🇸 Chipotle’s Cultivate Next fund makes minority investments in Plantible and CH4 Global Chipotle [Disclosure: AgFunderNews’ parent company AgFunder is an investor in CH4 Global.]

🇨🇦 Bonnefield’s agribusiness fund holds C$80m second close Agri Investor

🇺🇸 Danone North America opens applications for annual gut microbiome, yogurt and probiotics fellowship grant PR Newswire

People moves

🇺🇸 Shake Shack appoints chief information and technology officer Restaurant Dive

🇺🇸 Hershey names new executives to oversee confection, salty snacks Food Dive

Phil Graves, CEO, Meati Foods Image credit Meati Foods
Phil Graves, CEO, Meati Foods. Image credit Meati Foods

Other news

🇺🇸 Meati expands distribution, anticipates positive gross margins by the year end, says CEO AgFunderNews

🇮🇱 Plantopia turns to sprouted oats for cost-effective production of animal-free dairy AgFunderNews

🇦🇺 Cultivated meat startup Vow slices 25 jobs amid hunt for new funds Startup Daily

🇨🇦 Burcon unveils high-purity sunflower protein targeting weight management and F&B applications Vegconomist

🇳🇱 Netherlands invests in future of food with two cellular agriculture facilities IO Plus

🇬🇧 UK Parliament launches cultivated meat research project Alt-Meat

🇬🇧 2024 first year to pass 1.5 C° global warming limit BBC News

🇺🇸 FDA Issues Proposed Rule on Front-of-Package Nutrition Labeling US Food and Drug Administration

🇮🇹🇺🇸 New Holland brings its first methane tractor to the US Lancaster Farming

🇺🇸 Nature’s Miracle Holding Inc. to be delisted from Nasdaq 8NewsNow

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