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Reaction is proud to announce its participation in the $33 million Series B funding round for GALY, a trailblazer in sustainable cellular agriculture led by Founder and CEO Luciano Bueno. This investment, part of an oversubscribed round led by Breakthrough Energy underscores Reaction's commitment to driving innovation in climate-resilient technologies. GALY's groundbreaking work on "GALY Cotton," a lab-grown cotton that drastically reduces environmental impact, aligns with Reaction mission to support and scale world-changing solutions. The Series B funding will accelerate GALY's efforts to transition its cotton product from the lab to pre-industrial scale, offering a viable alternative to conventional cotton farming. This initiative not only reduces water usage by 99% and land usage by 97%, but also cuts CO2 emissions by 77%. By backing GALY, Reaction Global continues to champion innovative technologies that address the urgent challenges posed by climate change, fostering a more sustainable future for the textile industry and beyond. Please find the full article here --> https://lnkd.in/gWeeS-xM #stanford #climate #tech #change #global #innovation #venturecapital Rui Barros Carlos Moreira Jr. Irmak Ersöz Enrico Carbone Michael Dorsey Charles Froland David Suarez Franz Zöchbauer Howie Xu Henko Haasbroek Claudio Sassaki Maria J. Trapani Rachel Zhang Olga Paxson, Ph.D. Natasha Thomas James Summerfield Jordan Deasy Angela Sun

USD 1 million to decarbonize coffee farming: Cotierra (formerly Terra Preta) secures oversubscribed pre-seed funding. Congratulations to the team of cleantech innovators Marcel Rohner, Thomas Käslin, David Bachmann, and Lorenz Buser! https://lnkd.in/emhSXEnH The round saw significant interest from a consortium of environmental and climate-focused investors, including Carbon Removal Partners, Climate Founders, Partners in Clime, Carbon Drawdown Initiative, S2S Ventures, and ClimateTech business angels. About: Cotierra provides high-quality carbon removal to sustainability executives at net-zero committed companies while helping farmers in the Global South improve their margins. The company enables decentralized biochar production from agricultural residues on small farms in Latin America and its application on soils to store carbon and reduce fertilizer use. Cotierra does this by partnering with coffee/cacao suppliers and their networks of thousands of farmers. Cotierra equips their workforce with our proprietary reactors that are cost-effective, small-scale, mobile and equipped with sensors for remote monitoring as well as our digital control system to generate carbon removal credits and sell them on the voluntary carbon market. #SwissStartups #VentureKick

AgroUrbana Raises $6 Million in Series B Funding Diario Financiero recently reported that Agrourbana, a leading vertical farming company based in Chile, secured $6 million in a Series B funding round. This investment was led by ALB Investments, with participation from prominent investors, including Juan Andrés Camus, president of the Stock Exchange, Amarena, and Maximiliano Ibáñez from Córpora. Previous investors also contributed. On LinkedIn, co-founder Cristián Sjögren shared the company’s excitement about this new phase, stating, “We are happy! Today, we are starting a new stage with new partners. We are going to expand our plant in Quilicura to five times the current capacity and incorporate new technologies to reach more Chileans with our AMAZING vegetables, using 99% less soil, 95% less water, all year round, without losses, without pesticides, in the city, and without washing.” Subscribe to our newsletter to get the latest on the industry -> https://lnkd.in/gbtnQ59U #chile #verticalfarming #fundinground #agtech #agritech #indoorfarming

📣 𝐍𝐞𝐰 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 📣 We’re thrilled to announce our latest investment in Kilter, a Norwegian innovator redefining precision weeding with its autonomous AX-1 robot. The €9m Series A was co-led by Pymwymic and Nufarm, with participation from SBG Invest AS, Natural Ventures, and ProAgInvest LLC. The AX-1’s patented nozzle technology cuts herbicide use by up to 95%, providing farmers a sustainable, efficient alternative that reduces chemicals and costly labor demands while improving both crop and soil health. The investment will fuel Kilter’s growth into new crops, geographies, and a brighter, more sustainable future for agriculture. Welcome to the Pymwymic portfolio, Kilter - the 7th addition to our Healthy Food Systems Impact Fund II! Read more in our full press release here: https://lnkd.in/eAu_THcx #ImpactInvesting #DealAnnouncement #AgTech #PrecisionAg

Together with the help of #InvestEU, the European Investment Bank (EIB) is supporting Oceanloop with a €35 million loan to expand its groundbreaking indoor shrimp farming technology. This investment will support their sustainable farms in Germany and Spain, setting a new standard for climate-friendly food production. 📺 Watch below how companies benefitted already from InvestEU. ⬇️ ⛓ Read more: https://lnkd.in/eWdr45ku #SustainableFarming #FoodTech

🌿 GrowPura 🌿 is thrilled to announce its innovative vertical farming system (VFS) has now been granted a pivotal patent in the United States. This adds to existing international patents awarded in Canada, Australia, UK, and Singapore. Additional global protection is still pending in many regions, establishing GrowPura's position as a world leader in technology-enabled sustainable farming. GrowPura holds the exclusive patent covering its signature VFS design and automated crop rotation system. This purpose-built approach reduces inputs like energy, water, and real estate space while dramatically improving output. GrowPura can produce up to 400% more growing area per square meter than standard indoor farms. "This USA patent validates a decade-plus of intensive R&D yielding breakthrough VFS engineering," said Nick Bateman, GrowPura's Executive Chairman. "Our fundamental vision has always been enabling solutions that support food security and protect the planet for future generations. As demand for locally grown, sustainable produce skyrockets, GrowPura will be there to power the next frontier of vertical farming worldwide." Now fully protected for commercial application in many regions, GrowPura invites industrial growers and investors to license their VFS innovation or collaborate on new opportunities emerging worldwide. To learn more, please visit www.GrowPura.com or contact the team directly. #indooragriculture #CEA #verticalfarming #agtech #uspatent #foodsecurity #automation #artificialintelligence

#Rize Tackles #Methane with #Innovation in Rice Farming Key Takeaways: - Adoption of alternate wetting and drying reduces methane emissions by 50%. - Incentives for farmers include lower input costs, driving a 98% retention rate. - Expansion and carbon credits aim to scale impact and profits. Further Insights 1. Methane Challenge: Rice cultivation, particularly in flooded fields, contributes to 10% of global methane emissions, a potent greenhouse gas. 2. Rize's Strategy: Singapore-based startup Rize facilitates the use of alternate wetting and drying in rice farming to halve methane emissions, offering farmers cheaper seeds and supplies as an incentive. 3. Funding and Expansion: With $14 million in Series A funding led by entities like Breakthrough Energy Ventures, Rize aims to expand its reach in Southeast Asia and enhance its business model with carbon credit sales. Closing Thoughts: How can innovative financing and technology like Rize’s further transform traditional agriculture practices to meet global sustainability goals?

Bodø-based CapiPro wins prestigious young entrepreneur award for inventive worm fish-feed By Elías Thorsson - June 12, 2024 CapiPro, a pioneering company based in Bodø, has clinched the prestigious High North Young Entrepreneur Award at the Arctic Congress Bodø 2024. Their approach to using polychaete worms as a sustainable protein source in #fishfeed earned them top honors at the international pitch competition. All contender ideas were considered highly relevant for the Arctic – and with significant innovation potential. Samson Steindal Vonen, CEO of CapiPro, expressed his excitement about the recognition, saying, “Receiving such recognition from an international audience means a lot. It’s fantastic and shows that people believe in what we are doing.” CapiPro’s winning idea involves utilizing fish sludge from aquaculture farms to cultivate polychaete worms. These worms are then processed into a high-quality protein ingredient for fish feed. This method offers a sustainable alternative to traditional fish meal and could significantly reduce waste in the aquaculture industry. Norway’s #aquaculture sector generates over one million tons of fish sludge annually. Regulations require that 50% of this sludge in land-based operations must be recycled. CapiPro’s approach not only addresses waste management but also contributes to solving the global protein deficiency by providing a novel raw material for the aquaculture industry. While CapiPro has garnered accolades and significant support, including recent funding from Innovation Norway, they face regulatory challenges. Norwegian law currently prohibits the use of fish sludge in products related to human food. Vonen mentioned that until legal changes are made, they are focusing on using sugar kelp, which is currently permissible. “We are purposefully working with relevant actors and wish to contribute to more circular value chains both in Norway and the EU,” said Vonen. Vonen, who recently completed his master’s thesis in Entrepreneurship and Business Development at Nord University, emphasized the role his academic background played in CapiPro’s journey. “For the company’s part, it is not certain we would have started up without it,” he noted. Recognition at Arctic Congress Bodø 2024 This year’s award was part of the Arctic Congress Bodø 2024, where over 1,200 participants from around the globe voted on the finalists. Competing against CapiPro were: AirVitalize Innovations from Fairbanks, Alaska, presenting a technology to improve air quality. Aaveq Robotics from Denmark, showcasing an autonomous sailing drone designed to manage waste sustainably in the Arctic. https://lnkd.in/dRNcw-j4 #Aquaculture

#BelgiumStartups #Funding Louvain-la-Neuve-based BiocSol raises €5.2 million seed funding to advance sustainable crop protection: Belgian BiocSol, a UCLouvain spin-off specialising in sustainable microbial-based crop protection, has secured €5.2 million in seed funding led by Agri Investment Fund (AIF) and VIVES IUF, the round also included Belgian investors Invest.BW and IMBC Spinnova. This funding marks the first step toward BiocSol’s €10 million fundraising goal by year-end, enabling the company to […] The post Louvain-la-Neuve-based BiocSol raises €5.2 million seed funding to advance sustainable crop protection appeared first on EU-Startups.

Latest weekly news in the algae industry, including the opportunity to become a co-owner in Aliga Microalgae Read more about all exiting algae news below. If you are interested in the investment opportunity in Aliga you can click this link https://lnkd.in/d_P5NDE3 #algae #investor #technology #food #lifescience #chlorella #spirulina #startups #entrepreneur