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

Food Venture Financing Trends

• Eastern Standard Provisions, a soft pretzel maker, announced that it closed its $13.5 million funding round. Mondelēz International's SnackFutures was an investor in the company's latest capital raise.
• Oatly announced that it will transfer leases and production capacity at two US facilities to Canadian manufacturer Ya YA Foods Corp for $98.1 million, and enter into a long-term strategic hybrid manufacturing arrangement with Ya Ya Foods Corp in North America.
• Alterpacks, a startup that is developing sustainability solutions for food waste based in Singapore, announced that it raised $1 million in its pre-seed round.

CPG Corporate Venture and Private Equity Fund

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

• Unilever Ventures, founded in 2003, is a venture capital arm of Unilever, based in London.
• Unilever Ventures empowers a new breed of forward-thinking entrepreneurs to help them build strong brands or technology solutions in the consumer products industry.
• Their large and diversified portfolio includes the following:
  • Beauty & Wellness: Beauty Bakerie, BlowLTD, BYBI, Frank Body, True Botanicals
  • E-Commerce: DealShare, Gousto, Instacart, FabFitFun, Grabango, Grove Collaborative

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