In This Issue:

• Food Venture Financing Trends
• CPG Corporate Venture and Private Equity Funds

Food Venture Financing Trends

• Coca-Cola announced that it has partnered with eight bottling companies to launch a $137.7 million VC fund focused on investments in sustainability companies.
• Agthia Group PJSC, a UAE food and beverage company, launched a $54 million corporate VC fund focused on investments in emerging food and beverage brands. The CVC will be co-managed with Touchdown Ventures.
• Bobbie, an organic infant formula startup, announced that it closed $70 million in its Series C round. The company used part of the proceeds to acquire Nature’s One, a pediatric nutrition company.
• Allonnia, a biotech startup company focused on waste management, announced that it raised $30 million in its recent fundraising round.
• Naked Life, a non-alcoholic emerging brand, announced that is raised $3 million equity crowdfunding.

CPG Corporate Venture and Private Equity Fund

This week's featured corporate venture and private equity fund is Ankur Capital.

• Ankur Capital is an India-based early-stage venture capital fund that focuses on sectors such as agritech, food, healthcare, financial, logistics, retail, and education, among others.
• The size of Ankur's investments range from $500K to $5 million.
• As an Ankur portfolio company, startups get access to Ankur's network of operational experts, who can help founders grow their businesses.
• Some of the portfolio companies include:
  • Krishify
  • Vegrow
  • Captain Fresh
  • Numen
  • ERC
  • Karma Healthcare
  • Wasabi
  • Jiny
  • IBISA

[View source.]