In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- 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.]