In This Issue:

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

Food Venture Financing Trends

• Chunk Foods, a plant-based foodtech company, announced that it raised $7.5 million in its seed extension and entered into a strategic partnership with Better Balance, a Mexican plant-based venture.
• Infinite Roots, a German biotech startup that develops foods using mushroom mycelium, announced that it raised $58 million in its Series B round.
• Bluewhite, an agtech startup that develops autonomous robots for tractors, announced that it raised $39 million in funding.

CPG Corporate Venture and Private Equity Fund

This week's featured corporate venture and private equity fund is McCain Foods.

• McCain Foods is the world's largest manufacturer of frozen potato products. Based in Toronto, Canada, it also produces other quality products such as appetizers, vegetables and desserts that can be found in restaurants and retail stores in more than 160 countries.
• McCain Foods has a significant food production network with a total of 49 production facilities globally - Canada (7), USA (9), Latin America (4), Europe (20 - 5 of which are in the UK), South Africa (2), Australia and New Zealand (5), India (1), and China (1).
• Some of its foodservice and retail brands include the following:
  • Pickers
  • Brew City
  • Welten Snacks
  • Moore's
  • CelaVita
  • Hebro
  • Mora

[View source.]