In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Bindbridge, a UK-based startup using targeted protein degradation to create more effective crop protection products, has raised $3.8 million in funding.
- Amatera, a French startup aimed on fast-tracking the development of climate-smart perennial crops, has closed a $7 million seed round.
- Tilray Brands, the owner of Shock Top, is expanding its craft beer portfolio with the acquisition of BrewDog for $44 million.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is 7-Ventures.
- 7-Ventures, LLC, is the 7-Eleven® corporate venture arm focused on discovering, partnering, and investing in startups that complement 7 Eleven's mission of convenience.
- This goal continues to shape 7-Eleven's ethos, driving 7-Eleven's expansion into operating Speedway®, Stripes®, Laredo Taco Company®, and Raise the Roost® Chicken and Biscuits, with locations, as well as proprietary products and services including 7NOW®, 7Rewards®, Speedy Rewards®, and 7–Eleven Fleet™, throughout the U.S.
- 7-Ventures invests in early-stage food and beverage businesses as well as convenient services to anticipate and respond to ever-changing consumer demands. Its portfolio companies gain access to the 7-Eleven business system, offering guidance with commercial distribution, operations support, product development, marketing, insights, and analytics.
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