Tupu, an agritech startup based in Berlin, secured $3.2 million in seed money. FoodLabs and Zubi Capital co-led the round, which also featured participation from Coast Cap, IT-Farm, FoodHack, Clear Current Capital, and two angel investors, Roger Hassan and Gil Horsky.
Tupu was founded in 2021 by Eldad Arnon and Daniel Lock. With the additional capital, the company will boost its production capacity while enhancing its automation technologies.
With its a patent-pending modular farming system that blends bioscience, robotics, and artificial intelligence, Tupu produces mushrooms in urban environments. It claims to supply more than three tonnes per month from its first farm, which it opened in November of last year.
Arnon said, “We are grateful to have such forward-thinking investors onboard that share our faith in the power of mushrooms to address the pressing challenges of global food insecurity in the face of the climate crisis,”.
Till Hoelzer, Principal at FoodLabs said, “Controlled environment farming is a key technology to make our food supply chain climate resilient. We’re excited about Tupu as they are able to make indoor farming economically viable,”.
Their distinct approach to producing gourmet mushrooms is revolutionising the food sector. Tupu can harvest ecologically friendly items and contribute to carbon neutrality in the future by cultivating locally.
Because of their closeness to our consumers, they have the ability to reduce the length of the supply chain, save tonnes of plastic packaging, and repurpose natural resources. They supply freshly picked mushrooms every day in this way since it’s kind to both the environment and humans.