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Oda restaurant7/14/2023 ![]() The store is set to reopen in Kansas City, Missouri on Dec. □□ Community Groceries is the first non- Amazon store to use the latter’s Just Walk Out palm-scanning tech. Uber has agreed to a $10 million settlement with the City of Chicago, as well as for charging excess commission fees. □□ Uber Eats will pay millions for listing restaurants without their consent. Impossible claims the move has nothing to do with the company’s patent infringement lawsuit against Motif FoodWorks. □□ □□ European Patent Office revokes an Impossible Foods EU patent. As part of the deal, Keurig Dr Pepper and Nutrabolt entered into a long-term sales and distribution agreement. □□ Keurig Dr Pepper buys $863 million stake in energy drink brand Nutrabolt. The companies’ combined efforts aim to give both a stronger foothold in the US and Gulf Cooperation Council (GCC) countries. □□ □□ Agritecture and Greener Crop partner to expand controlled environment agriculture. ![]() Financial terms of the deal are undisclosed. □□ □□ Supply chain SaaS platform Orderlion acquires French competitor Supli to further digitize the B2B food supply chain. Hermann Companies, Jim McKelvey, and BioGenerator Ventures led the undisclosed financing round. □□ “Plant Pipeline as a Service” startup Solis Agrosciences raises new growth capital. E14 led the round with participation from Ubiquity Ventures, Space Capital and SOSV’s HAX. □□ Forest tech platform Gaia AI raises $3 million to help foresters manage their operations. Canadian frozen food giant McCain Foods led the round, joined by agrifood private-equity investor Power Sustainable Lios. □□ Vertical farming company GoodLeaf Farms raises $150 million to expand. New investors BMO Impact Investment Fund and Chan Zuckerberg Initiative led the round. □□ Sound Agriculture grabs $75 million to expand its crop nutrient and plant breeding businesses. ![]() Fundraising enables the startup to finalize its fully automated proof-of-concept facility as well as conduct hiring. □□ Vertical farming startup Avisomo bags €2 million ($2.1 million) seed round. Mirova, affiliate of Natixis Investment Managers dedicated to sustainable investment, led the round. □□ Ag robotics startup Naïo Technologies raises $33 million. □□ □□ Germany’s Doehler Ventures invests in UK Clean Food Group to support the scale up of the latter’s “bioequivalent alternative” to palm oil. Benvolio Group and Rotor Capital led the round, which will enable Malk to continue its retail expansion. □□ Alternative milk brand Malk Organics secures $9 million Series B. Unovis, AgFunder and others participated in the Series A round. □□ Black Sheep Foods raises $12.3 million for plant-based lamb. Ten Coves Capital led the round for the restaurant management platform. □□ MarginEdge will more than doubles its funding with $45 million Series C. However, Oda has lost unicorn status, partly due to market forces currently leveling the online grocery sector. □□ Online grocery store Oda (née Kolonial) raises €150 million ($158 million) from Summa Equity, Verdane & others. Restaurant tech company MarginEdge and AgFunder portfolio company Black Sheep Foods also raised money, as did forest tech platform Gaia AI and ag robotics startup Naïo Technologies. Despite losing its unicorn status, Norwegian online grocer Oda bagged a sizable round this week.
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