Latin America’s leading legacy food delivery company iFood and Delivery Hero-owned Domicilios.com are merging in a bid to take on the food startup Rappi on its home turf. The price of the transaction was undisclosed, but will result in iFood holding a 51% equity stake in the partnership, while Delivery Hero will hold the remaining 49%. […]

Technologies that enable urban agriculture, production of protein from non-animal sources, and farm automation will be critical for countries in the Asia-Pacific region to ensure food security in the near and longer term. That’s the view of Armen Harutyunyan, senior advisor, sustainable and digital agriculture at the United Nations Development Program (UNDP) Global Center for Technology, Innovation, and Sustainable […]

With a new $4 million round, the Bogota-based supply chain logistics technology developer Tül is prepping to expand across the Latin American region. Founded by Enrique Villamarin Lafaurie and Juan Carlos Narváez, Tül’s technology connects construction manufacturers to the small businesses across Latin America that are responsible for handling half of the inventory for construction jobs in […]

The U.S. soy industry has been replacing marine ingredients for more than 30 years in aquafeeds through the USSEC’s Southeast Asia aquaculture program. Given the public statement that high levels of soy inclusion in shrimp feeds were the cause of White Feces Syndrome, USSEC stated that that was not the experience of the industry in […]

Provectus Algae, an Australian startup developing algae-based products for the food and agriculture industries, has raised $3.25 million in a seed round led by Hong Kong’s Vectr Ventures. Canadian VC firm Maropost Ventures also participated in the round alongside several undisclosed family offices and private investors. Operating out of its biotech foundry in Noosa Heads, Queensland, Provectus is […]

Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among those that raised particularly large rounds to support their growth during this challenging time. All three companies target markets that may have grown since the start of the pandemic, namely […]

Over the past few weeks, AFN readers have been introduced to the entrepreneurs participating in Singapore Food Bowl – the food sustainability program run by AgFunder-backed impact fund and accelerator GROW. Singapore Food Bowl was launched with the backing of Enterprise Singapore and Dole Packaged Foods back in May. The objective of the program was to bring industry and startups together to help build a more resilient, sustainable, […]

El webinar organizado por La Voz de Almería, Cadena SER, Cajamar, Grupo Agroponiente y Criado y López, llevó a escena ayer el presente y el futuro de la industria auxiliar agraria, un sector al que cada vez resulta más difícil colocarle la etiqueta de ‘auxiliar’ por cuanto su evolución la ha llevado a un protagonismo […]

Alibaba has announced it will pay $3.6 billion to acquire a majority stake in Sun Art Retail Group – one of China’s largest operators of supermarkets and hypermarkets. The Hangzhou-based tech giant initially invested in Sun Art back in 2017 as part of a strategic alliance with fellow shareholders, French retailer Auchan and Taiwanese conglomerate Ruentex. That alliance was aimed at […]

Con la herramienta se hace una revisión del movimiento de los animales y es pensada para monitorear el tránsito de ellos. La Universidad Nacional de Colombia explicó que se trata de un herramienta informática complementaría los lectores de movilidad pecuaria utilizados por el Instituto Colombiano Agropecuario (ICA) en su Programa Identifica, lo que permitiría tener […]