In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Inari, a seed gene-editing company, raised $144 million in its Series G round.
- Flowers Foods, the manufacturer of Wonder Bread, plans to purchase Simple Mills, a healthy snacks company, for $795 million.
- Fermata, a data science agritech company, raised $10 million in its Series A round.
- Arborea, an Anglo-Portuguese startup that cultivates microorganisms in a sustainable manner, announced that it raised 5 million Euros in funding.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Be8 Ventures.
- Be8 Ventures is a Berlin-based growth stage venture capital fund focusing on food and beverage chain with a strong commitment towards innovation throughout the entire food and beverage value chain (i.e. Innovative Food, E-Grocery, Retail & Gastro Tech, Packaging & Waste).
- Be8 Ventures is funded by the Oetker group, the leading food producer in Europe.
- This VC fund invests in growing companies that shape tomorrow's food ecosystem located in Europe, Israel, and North America.
- Some of the portfolio companies include:
- New Culture
- Planted
- Bluu
- Blue Horizon Ventures
- Atlantic Food Labs
- Synthesis Capital
[View source.]
