In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Partake Foods, an emerging brand that develops allergy-friendly snacks, raised $11.5 million in its Series B round.
- Stellar Pizza, a foodtech startup that develops robots to make pizzas, raised $16.5 million in its Series A round.
- Liquid Death, a canned water emerging brand, raised $70 million in its Series D round. The company is now valued at over $700 million.
CPG Corporate Venture and Private Equity Funds
This week's featured CPG Corporate Venture and Private Equity Fund is Nutrition Capital Network.
- Nutrition Capital Network (NCN) brings together active investors with curated health, wellness, and ingredient companies that are looking for capital, partnerships, or acquisitions.
- NCN hosts five Investor Meetings each year, where selected companies give live presentations about their businesses to a group of active industry investors and mentors.
- Representative NCN Investors include:
- 301 Inc.
- Abbott Nutrition
- Abrams & Company
- Ajinomoto Group
- Allergy Research Group
- Bimbo Bakeries USA
- Amway
- NCN uses the following criteria to evaluate potential Presenting Companies (for details, see Selection Criteria | Nutrition Capital Network):
- Novelty and Unique Position
- Insulation
- Economic Potential
- The Management Team
- Tangibles: Good branding or brand name, good quality & taste, unique packaging or presentation
- Intangibles: The "WOW" factor; head-turning potential
