German agtech Tupu secures €3M funding

Berlin-based Tupu, an agtech company that plans to transform the mushroom farming industry through its decentralized farming system, announced that it had secured $3.2M (approximately €3M) in a Seed round of funding.

The round was co-led by FoodLabs and Zubi Capital, with participation from Clear Current Capital, FoodHack, IT-Farm, Coast Cap, and notable business angels in the food and tech sectors like Roger Hassan and Gil Horsky.

Till Hoelzer, Principal at FoodLabs, says, “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.”

“As early backers of the company, we’re very happy about their recent funding round and their journey ahead,” adds Hoelzer.


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