Oatly and Impossible Foods are amongst those plant-based firms expected to go public, which is likely to prompt a change in Rize’s Sustainable Future of Food ETF.
Just last week, vertical farming specialist Aerofarms announced that it was going public through a merger with a blank check SPAC firm called Spring Valley Acquisition Group. Paul Cuatrecasas, CEO of Aquaa Partners recently caught up with AeroFarm’s David Rosenberg to discuss the technology behind vertical farming, closed loop agriculture and scaling up output to address a global market.
London listed Agronomics isn't the only investment fund focused on the burgeoning food tech space. UK investors might also want to investigate a listed Canadian rival called EatBeyondGlobal, which is also building a diverse portfolio of earlier-stage private businesses.
Nicky Grant, Head of Corporate Advisory at investment house Ocean Wall, shares her new found excitement for the sector.
Agronomics is a leading London-listed investor in the field of alternative proteins (ticker: ANIC), with a focus on cellular agriculture. Cellular agriculture is the process of cultivating cells into desired products traditionally derived from animals, directly from living cells, whether that be meat, seafood, dairy proteins, or other materials.
One of the prime drivers behind investment in alternative proteins is that conventional agriculture has a huge impact on climate emissions. But putting a precise number on that impact is a contested exercise and as a recent report shows, the estimates for impact can vary enormously depending on what you include in the data sets.
New data released this week by the Good Food Institute (GFI) reveals that globally, 2020 was a record period of investment in companies creating sustainable alternatives to conventional animal-based foods A record £2.2 billion invested in sustainable proteins in 2020 – 3x the amount invested in 2019 (£710m), with British raising a record £41 million in 2020 – almost half of the total invested in the UK sector since 2006. Plant-based, cultivated meat and fermentation companies have raised £4.3 billion in invested capital in the past decade (2010–2020), more than half of which was raised in 2020 alone.
Over the next 5 to 15 years there will be a revolution in the food industry that will feel like the disruption of the horse and cart back in the early 1900s by the automobile – the transformation will extend across the entire global food value chain, from fark to fork.
Interest in sustainable food products accelerated in 2020, with consumers increasingly paying attention not only to what they put in their bodies but also how the production of food relates to global ecosystems, biodiversity and deforestation. From an investment viewpoint, five key sustainable food themes are ripe for further growth in 2021 (and beyond).
My hunch is that we are at the very beginnings of a new paradigm in the food and farming sector. What started as a slightly faddish vegan led movement is now slowly but very steadily seeping through into the mainstream.
US-based AppHarvest is leveraging smart farming techniques as it aims to beat the competition by growing more tomatoes, cucumbers and other fruit and vegetables with fewer resources.
A few months back Future Food Finance’s David Stevenson caught up with Mayssa Al Midani, senior investment manager for nutrition at Pictet, a leading wealth and asset management company which runs a fund specifically dedicated to investing in Nutrition and food-based businesses.
Israel is turning into something of a hotspot for cultivated meat businesses and Future Meat Technologies is in the vanguard of this fast-growing sector.
Pop Meals (formerly DahMakan) is a Malaysia-based ‘full-stack’ food delivery startup. The company's online food ordering application lets users to order fresh, healthy and ready-to-eat lunch and dinner meals made by culinary chefs from a daily changing menu and get them home or office delivered, enabling customers to have balanced meals delivered at their door step.