ADB, ECOM sign $100 Mn loan to enhance coffee value chain in APAC

The agreement will benefit more than 62,000 smallholder farmers in India, Indonesia, Papua New Guinea (PNG), and Viet Nam The Asian Development Bank (ADB) has signed a $100 million loan agreement with ECOM Agroindustrial Corporation Limited and ECOM Agroindustrial Asia Private Limited (ECOM) to ...

EU approves €155 million scheme for seafood processing in Denmark

This scheme aims to support large Danish fish-processing companies in implementing projects that reduce CO2 emissions The European Commission has approved a €155 million (DKK 1.1 billion) Danish scheme designed to promote green investments in the processing of fishery and aquaculture products,...

Vietnam’s e-commerce platform Kamereo secures $7.8Mn funding

The funds will be allocated to expanding operations in multiple cities across Vietnam KAMEREO INTERNATIONAL PTE. LTD. operates a B2B food supply e-commerce platform in Vietnam and has successfully raised $7.8 million in its Series B funding round. The funding came from notable investors, includi...

EDB reveals AED 1.12 billion in financing to cultivate UAE’s food security

EDB's participation underscores its dedication to empowering agritech businesses and driving sustainable food production in line with the UAE's National Food Security Strategy 2051 Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the...

EBRD supports expansion of Mongolia’s APU Dairy

As part of the project, APU Dairy will work to improve the climate change resilience of more than 1,700 local farmers who are supplying raw milk to the company The European Bank for Reconstruction and Development (EBRD) is supporting the development of Mongolia’s agribusiness sector, which em...

ADB, APU Dairy sign $20 Mn loan to strengthen Mongolia’s dairy sector

The project will boost Mongolia’s dairy supply and strengthen its food security through domestic milk sourcing and domestic processing of dairy products The Asian Development Bank (ADB) and APU Dairy LLC have signed a $20 million (equivalent in Mongolian togrog) loan to support nomadic herders...

Unilever completes £40Mn investment in UK food factory

This investment follows the completion of a second state-of-the-art factory and enhancements in digital capabilities To support the growth of Unilever’s food business in the UK, a £40 million investment has doubled the total output at Unilever’s Burton food factory over the past three years...

Meatable welcomes strategic investment from Thailand’s Betagro

This partnership is a landmark achievement as Betagro becomes the first meat company in Asia to invest in Meatable Meatable, the pioneering cultivated meat technology company dedicated to creating sustainable, real meat without harming animals announced a strategic investment from Betagro Ventur...

ADB, Araz sign $10.5Mn deal to sustain food security in Azerbaijan

The loan will enable Araz to expand its dry warehouse and open new stores in and around Baku, including in underserved areas The Asian Development Bank (ADB) and Araz Supermarket LLC, a member of the Veyseloglu group, have signed a financial package of up to $10.5 million to help the grocer expa...

Israel's Phytolon secures investment from Rich Products Ventures 

The funds will be used to further commercialise and scale Phytolon's natural, precision-fermented food colourants Phytolon, an Israeli biotech/food tech startup that produces natural food colours using precision fermentation, recently secured an investment from Rich Products Ventures (...

Thai Union to achieve $7Bn revenue and double earnings in six years

Strategy 2030 is pivotal to the Company’s vision of becoming the world’s leading marine health and nutrition company Thai Union Group PCL, announced Strategy 2030, its ambitious roadmap to achieve significant growth. This includes boosting net sales growth to $7.0 billion by 2030 from $3.9 b...

ADB to help Maldives strengthen climate resilience, food security

The financing package comprises a $4 million concessional loan and a $17.95 million grant from the Asian Development Fund The Asian Development Bank (ADB) has approved a $21.95 million financing package to build Maldives’ capacity to combat the effects of climate change and ensure the sustain...

Big Idea Ventures announces six investments through GFIF II

This latest cohort includes groundbreaking startups from around the world focused on innovations ranging from fermentation-enabled fatty acids and protein-based flavours Big Idea Ventures (BIV), a global investment leader within the food-tech, agri-tech, and materials science sectors, announced ...

WishNew Wellness secures $250,000 in angel funding

The newly acquired funds will be strategically allocated to enhance research and development initiatives WishNew Wellness, an innovative provider of comprehensive wellness solutions, announced the successful opening of its angel funding round, raising $250,000 at a valuation of $5.65 million. Th...

Mondi completes €95 Mn investment to boost efficiency at Świecie mill

The completion of this project marks a milestone for Mondi Świecie Mondi, a global leader in sustainable packaging and paper, has recently completed a €95 million investment at its Świecie containerboard mill, which will increase kraft liner capacity by 55,000 tonnes. The upgrade comprises a...

Aldi plans to invest £30Mn in dairy farming

The investment will enable Aldi to support Arla’s FarmAhead Customer Partnership, a new initiative aimed at supporting farmers’ ongoing efforts to drive reductions in on-farm emissions Aldi has announced plans to invest over £30 million in dairy farmers over the next three and a half y...

Future Salad secures series A funding from DL Securities

Future Salad's innovative approach to nutrition and sustainability aligns perfectly with our investment strategy Hong Kong-based, Future Salad, a leading food technology company, recently announced the successful completion of its Series A funding round in September 2024. The company raised $5 m...

AB Kauno Grūdai increases investment in breadcrumb factory

The investment was planned as early as 2022 and has since grown 1.5 times AB Kauno Grūdai, a subsidiary of AB Akola Group, has increased its investment in the breadcrumb factory, which it plans to build in Kėdainiai. The company, which has one breadcrumb coatings factory in the Kaunas region, ...

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