Food Venture Financing News - Weekly Issue No. 149

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In This Issue:

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

Food Venture Financing Trends

  • TreeHouse Foods announced that it will acquire a coffee facility and business from Farmer Brothers Company for $100 million in a deal that is expected to close in the next 60 days.
  • MyForest Foods, a foodtech startup that develops mycelium bacon, announced that it raised $15 million in its Series A-2 round. Ecovative Design, the parent company of MyForest Foods, led the new financing.
  • Uncommon (formerly known as Higher Steaks), a cultivated meat foodtech company based in the UK, announced that it raised $30 million in its Series A round.
  • The Green Coffee Co., a consolidated arabica coffee farming company with operations based in Colombia, announced that it raised $25 million in its Series C round.

CPG Corporate Venture and Private Equity Fund

This week's featured corporate venture and private equity fund is Better Food Ventures.

  • Better Food Ventures (“BFV”) is a venture capital firm that was founded in 2013 and is based in Menlo Park, California.
  • BFV seeks to invest in early-stage, scalable, game-changing technologies across the food and agriculture sectors.
  • Portfolio companies include:
    • Milk Moovement
    • Bountiful
    • Breedr
    • Four Growers
    • Edifice Health
    • Afresh Technologies
    • Byte Technology

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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