In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Ferrero announced that it plans to buy Power Crunch, a protein snacks brand, for an undisclosed sum.
- AISPRID, an autonomous tomato deleafer startup, announced that it raised 10 million Euros in Series A financing.
- Project Eaden, an alternative meat startup, raised 15 million Euros in its Series A round.
- KisanKonnect, an India-based agritech company, raised $4.5 million in Series A financing.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Amberstone.
- Based in California, Amberstone supports ambitious entrepreneurs who want to grow their consumer product brands by using comprehensive data analysis and leveraging its extensive experience in consumer goods.
- With global performance, BRF builds brands considering the particularities of each market.
- Amberstone's mission/investment philosophy:
- Build a healthier and more sustainable ecosystem.
- Cultivate an environment where entrepreneurs, investors, brands and consumers achieve positive outcomes through enduring partnership.
- Some of Amberstone's food and beverage partners include the following:
- Bloom
- Cleveland Kitchen
- MUSH
- Javy
- Partake Brewing
- Honey Mama's
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