In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Presto, a restaurant technology and automation platform, has raised $10 million in funding.
- BlueNalu, a food tech startup, has raised $11 million to advance production of cell-cultured bluefin tuna toro.
- GOAT Life, a breakfast-focused direct-to-consumer brand, has raised additional pre-seed funding from D2C Insider Super Angels.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Supply Change Capital.
- Supply Change Capital is a U.S.-based early-stage venture capital and impact investment firm that backs companies transforming the food system, with a focus on culture- and climate-driven solutions across food and agriculture.
- Supply Change Capital focuses on investments in:
- early-stage food system technology and infrastructure
- sustainable and regenerative food and ag tech
- culture-first and mission-aligned consumer food and agriculture brands and platforms
- Its portfolio includes the following companies:
- 99 Counties–a vertically integrated platform for regenerative food production
- Aqua Cultured Foods–a sustainable alternative seafood company
- Hyfé–a biomanufacturing company converting food processing wastewater into valuable feedstocks
