In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
- Links to Relevant Content and Events
Food Venture Financing Trends
- A recent report from Pitchbook found that foodtech companies raised an aggregate of $12.7 billion in venture capital money, equivalent to one third of the investments last year.
- Although fundraising activity has decreased, investors and leaders in the foodtech sector believe that foodtech companies in key sectors (such as precision fermentation and other alternative protein technologies) will continue to attract investment.
- Aura Bora, a sparkling water emerging brand, announced that it closed its Series A round. To date, the company has raised over $10 million.
- Not So Dark, a Paris-based virtual food delivery startup, announced that it raised $80 million in its Series B round. To date, the company has raised over $105 million.
CPG Corporate Venture and Private Equity Funds
This week's featured CPG Corporate Venture and Private Equity Fund is CircleUp Growth Partners.
- CircleUp Growth Partners is an early stage consumer investment fund, founded in 2012, based in San Francisco, California. It has a data-driven, scalable approach to investing. It has invested in companies across a variety of categories ranging from food and beverage to beauty, pet, household products, restaurants, and apparel.
- One of its highlights is the proprietary machine learning platform – Helio, which collects and analyzes billions of data points across more than 1.2 million companies to understand and predict their future success.
- A few of the companies backed by CircleUp include:
- Nutpods
- Kettle & Fire
- 4505 Meats
- Halo Top
- Partake
- Nom Nom
- Pop&Bottle
Links to Relevant Content and Events
ARTICLES
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