Industry Briefing
A single destination for timely, editor-curated robotics news from around the world.
Ayana Bio and Brevel net $1.25m grant to see if ‘illuminated fermentation’ can turbocharge plant cell culture
Ayana Bio, a biotechnology company, has secured a $1.25 million grant to explore the potential of "illuminated fermentation" in enhancing plant cell culture. The funding will support research focused on extracting valuable compounds from various plants, specifically targeting sage for rosmarinic acid, saffron for crocins, and marigold for zeaxanthin and lutein. This initiative aims to improve the efficiency and yield of plant-based production processes. The grant signifies a growing interest in innovative biotechnological methods to optimize the cultivation of high-value plant compounds, which are increasingly sought after in various industries, including pharmaceuticals and nutraceuticals.
Biomanufacturing & biologicals Deeptech EMEA FoodTech Nutrition & health Startups & funding
AgriFood Signals: Elbit acquires Bluewhite, more funding for virtual fencing, Anheuser-Busch awards $80k grant
Picnic, a company specializing in pizza-making robots, has officially ceased operations. This closure marks a significant development in the food technology sector, highlighting the challenges faced by innovative startups in a competitive market. The announcement comes amid a broader trend of consolidation and investment within the agri-food industry, as companies seek to enhance efficiency and adapt to changing consumer demands. In related news, Elbit Systems has acquired Bluewhite, a move that underscores the growing interest in advanced agricultural technologies. Additionally, funding for virtual fencing initiatives continues to attract attention, while Anheuser-Busch has awarded an $80,000 grant to support advancements in this area. These developments reflect ongoing efforts to integrate technology into food production and distribution, aiming to improve sustainability and operational effectiveness.
Agtech FoodTech
AI food leaders see sweeping disruptions—at different speeds
Leaders in the application of artificial intelligence within the food system are reporting significant and rapid transformations across the value chain over the past year, with expectations for continued changes ahead. However, there is some divergence among these leaders regarding the speed of these developments. As the industry evolves, stakeholders are closely monitoring how AI will further disrupt traditional processes and practices in food production and distribution. The ongoing advancements highlight the growing importance of technology in addressing challenges within the food sector, signaling a pivotal shift that could reshape the future of food systems.
Artificial intelligence EMEA FoodTech
AgriFood Signals: More Microsoft carbon deals, a $200m greenhouse in Mexico, rubber from dandelions
Steakholder Foods, an innovative food technology company, is preparing for its launch in the United States, aiming to expand its market presence and introduce its sustainable meat alternatives. This strategic move comes as the company seeks to capitalize on the growing demand for plant-based and lab-grown protein options among American consumers. The announcement follows a series of significant developments in the agrifood sector, including new carbon deals from Microsoft and a $200 million investment in a greenhouse project in Mexico, which highlight the increasing focus on sustainability and innovation in food production. As Steakholder Foods gears up for its U.S. debut, it joins a wave of companies striving to reshape the future of food through environmentally friendly practices and cutting-edge technology.
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