In This Issue:

• Food Venture Financing Trends
• CPG Corporate Venture and Private Equity Funds
• Links to Relevant Content and Events

Food Venture Financing Trends

• Tropic Biosciences, an agtech startup, announced that it raised $35 million in funding. The company plans to use the funds to increase its gene-editing technology to develop high-performing tropical crops.
• Steeped Coffee, a sustainable coffee startup company, announced that it raised $5 million through a crowdfunding campaign. The company will use its funds to develop its technology and expand its consumer base.
• Phytolon, a startup company that develops synthetic food colors, announced that it raised $14.5 million in its Series A round.
• Maolac, a foodtech startup that creates superfoods from proteins found in breast milk, announced that it raised $3.2 million in seed funding.

CPG Corporate Venture and Private Equity Funds

This week's featured CPG Corporate Venture and Private Equity Fund is Better Food Ventures.

• Better Food Ventures is a venture capital firm that was founded in 2013 and is based in Menlo Park, California.
• The firm seeks to invest in early-stage, scalable, game-changing technologies across the food and agriculture sectors.
• Portfolio companies include:
  • Milk Moovement
  • Four Growers
  • Edifice Health
  • Afresh Technologies
  • DecisionNext
  • Byte Technology
• Better Food Ventures invests in IT innovators focused on strengthening the food and agriculture industries. Better Food Ventures is affiliated with The Mixing Bowl, a forum for thought leadership and information exchange.

[View source.]