In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Instacart filed for its IPO, which is expected to begin in September. Instacart previously filed for IPO back in May 2022 after pulling its filing.
- MOSH, a protein bar designed to improve brain health, raised $3 million in its Series A financing. The foodtech startup plans to use the funding to expand its retail presence.
- Jellatech, a biotech company that develops animal-free collagen and gelatin, announced that it raised $3.5 million in its recent funding round.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Chobani Incubator.
- Chobani Incubator, launched in 2016, is a program for companies taking on broken food systems to bring better food to more people. In addition to investment, Chobani Incubator gives startups access to its network and expertise in order to scale up their operations and achieve significant growth.
- Chobani Incubator looks for startups that share the same vision of making delicious, nutritious, natural and accessible food to more people; that want to deliver better food to more people; and that offer products accessible and affordable to all.
- Example portfolio companies include:
- Mason Dixie
- Seal the Seasons
- Partake Foods
- A Dozen Cousins
- Sherpa Foods
- Bread SRSLY
- Holmes Mouthwatering Applesauce
- Seal the Seasons
- Afia
- Nona Lim
[View source.]
