In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- GoodBelly maker NextFoods announced that it acquired Cheribundi, a functional tart cherry juice brand, for an undisclosed amount.
- Aqua Cultured Foods, a foodtech startup that utilizes a mycoprotein fermentation process to develop seafood alternatives, announced that it raised $5.5 million in seed funding.
- JackBe, a curbside drive-thru grocer company, announced that it raised $11.5 million in funding.
CPG Corporate Venture and Private Equity Fund
This week's featured CPG Corporate Venture and Private Equity Fund is Foodshed Investors.
- "Foodshed Investors" d/b/a of Local Impact Investors LLC, based in Austin, TX supports local “good food” ecosystems at the intersection of food, finance, and social good.
- Portfolio companies include:
- The ABGB
- Austin Gelato
- BAM! Gluten Free
- Blue Avocado
- The Cook’s Nook
- Honest Mary’s
- Seal the Seasons
- TinyGrocer
- Foodshed Investors’ mission is to increase healthy, nutritious, and accessible food for rural economies through sustainable agriculture and quality jobs.
- Check out FI’s Funding Application available at: Request Consult | Foodshed Investors - FOODSHED INVESTORS
[View source.]
