In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
- Links to Relevant Content and Events
Food Venture Financing Trends
- Tropic Biosciences, an agtech startup, announced that it raised $35 million in funding. The company plans to use the funds to increase its gene-editing technology to develop high-performing tropical crops.
- Steeped Coffee, a sustainable coffee startup company, announced that it raised $5 million through a crowdfunding campaign. The company will use its funds to develop its technology and expand its consumer base.
- Phytolon, a startup company that develops synthetic food colors, announced that it raised $14.5 million in its Series A round.
- Maolac, a foodtech startup that creates superfoods from proteins found in breast milk, announced that it raised $3.2 million in seed funding.
CPG Corporate Venture and Private Equity Funds
This week's featured CPG Corporate Venture and Private Equity Fund is Better Food Ventures.
- Better Food Ventures is a venture capital firm that was founded in 2013 and is based in Menlo Park, California.
- The firm seeks to invest in early-stage, scalable, game-changing technologies across the food and agriculture sectors.
- Portfolio companies include:
- Milk Moovement
- Four Growers
- Edifice Health
- Afresh Technologies
- DecisionNext
- Byte Technology
- Better Food Ventures invests in IT innovators focused on strengthening the food and agriculture industries. Better Food Ventures is affiliated with The Mixing Bowl, a forum for thought leadership and information exchange.
[View source.]