Vegan dairy company Perfect Day raises $24.7 million

The Berkeley, Calif.-based company makes high protein vegan, lactose-free “dairy” products. The company’s mission is to “help people enjoy the dairy food they love, while leaving a kinder footprint on the planet.” Singapore’s state-owned investment fund Temasek led the round. Temasek has backed other sustainable food and farm ventures, including vegetarian meat company Impossible Foods and

Infarm secures $25 million for modular indoor farming

The Berlin-based company makes small indoor vertical farms for herbs and vegetables that it sells directly to grocery stores, allowing shoppers to pick their own produce in the store. Infarm’s team wants to see its technology eliminate waste in the produce supply chain, TechCrunch reports. Demand for locally-grown food is on the rise, both to bolster

Tyson Foods invests in lab meat company Memphis Meats

Memphis Meats, which produces lab-grown meat from animal cells, already has some big name investors. Bill Gates, Richard Branson and Cargill all backed the company’s $17 million Series A round last year. Now, meat industry giant Tyson Foods joins them with its investment of an undisclosed amount via its venture fund, Tyson Ventures. Memphis Meats

WISErg raises $19.2 million for food waste technology

The Seattle-area company collects unconsumed food from grocery store chains and converts it to organic, water soluble fertilizer at a nearby facility. The fertilizer is sold at Whole Foods and other retailers. “There is so much food waste that is an untapped resource at this time,” WISErg’s CEO Brian Valentine said. “The more people that

SuperMeat raises $3 million for petri-dish poultry

The Israeli startup has a process for growing meat in a lab. The cellular agriculture technology is part of a growing “alternative protein” market aimed at producing healthier and more sustainable products to meet the world’s demand for food. SuperMeat’s seed round was backed by European poultry producer PHW and New Crop Capital and Stray Dog Capital,

Beyond Meat takes a hearty helping of growth capital

Investors have a growing appetite for “alternative proteins” as a healthier, more environmentally sustainable food source. The California-based Beyond Meat, known for its plant burgers, raised $55 million from former McDonald’s CEO Don Thompson’s Cleveland Avenue, a food-and-beverage venture firm, with backing from poultry giant Tyson Foods’ venture fund. The funding comes after Beyond Meat’s deal to

Pure Harvest raises $4.5 million for greenhouse farming in the U.A.E.

With its water-scarce, desert climate, the United Arab Emirates imports 80% of its food. Greenhouse produce producer Pure Harvest is looking to launch its first growing facility for locally-grown produce early next year. A U.A.E. government innovation fund backed Pure Harvest’s seed round, along with several angel investors and technology partners, AgFunder News reports. David Scott, a