Food Venture Financing News – Weekly Issue No. 273

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Davis Wright Tremaine LLP

In This Issue:

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

  • Resurrect Bio, a UK-based startup, has raised an $8.1 million Series A round to help plants unlock innate capabilities to fight disease without chemical inputs.
  • Verley, a precision fermentation startup, raised $38 million in Series A funding.
  • Pepper, a provider of an end-to-end technology platform for independent food distributors, raised $50 million in Series C funding.

CPG Corporate Venture and Private Equity Fund

This week's featured corporate venture and private equity fund is Rutger's Food Innovation Center.

  • The Food Innovation Center at Rutgers University is a unique food business incubator and accelerator that is a unit of the Rutgers New Jersey Agricultural Experiment Station (NJAES). The Center supports established early stage entrepreneurs and existing food companies from concept to commercialization.
  • Rutger's Food Innovation Center provides business, marketing, food safety, product design, and scale up expertise within FDA and USDA certified facilities to help companies successfully build and grow their business.
  • Some of its clients include the following:
    • Pure Indian Foods
    • Angel Planet
    • Jalma Farms

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Davis Wright Tremaine LLP

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