In This Issue:

• Food Venture Financing Trends
• CPG Corporate Venture and Private Equity Funds

Food Venture Financing Trends

• Picnic, a Dutch e-grocery startup, announced that it raised 355 million Euros in its recent fundraising round. Investors included The Gates Foundation and Edeka, Germany's largest supermarket group.
• Standing Ovation, an alternative protein food tech company, announced that it received 2 million Euros in government funding.
• Semaai, an agritech startup that provides solutions to maximize efficiency for rural farmers, announced that it raised $4.7 million in its pre-Series A capital raise.

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 investing in startups that complement 7‑Eleven's mission of convenience.
• Portfolio companies include:
  • Super Coffee
  • Adrenaline Shoc
  • BellyCard
  • KeyMe
  • PayNearMe
• 7-Ventures invests in early-stage food and beverage businesses as well as convenient services. 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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