In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- BioVeritas, an upcycled food sustainable startup, announced that it raised $65 million from Ara Partners, its majority shareholder.
- Roslin Technologies, a foodtech startup that develops animal stem cells for meat producers, announced that it raised 11 million pounds in its Series A round.
- Rebel Foods, a foodtech unicorn that operates cloud kitchens in the restaurant industry, announced that it raised $12.5 million in debt funding.
CPG Corporate Venture and Private Equity Funds
This week's featured CPG Corporate Venture and Private Equity Fund is Tate & Lyle Ventures.
- Tate & Lyle Ventures is a corporate venture arm of Tate & Lyle that seeks to invest in companies operating in the fields of food science and technology, with a specific interest in products that help consumers stay healthy.
- The firm was founded in 2006 and operates two funds, Tate & Lyle Ventures LP and Tate & Lyle Ventures II LP, which are managed externally by Circadia Ventures LLP.
- Portfolio companies include:
- Changing Health
- Evolve Biosystems
- Fugeia
- Lumora
- Allylix
- Nutriati
- Tate & Lyle Ventures looks to invest in early-stage and growth food ingredient companies in the areas of sweeteners, texturants and "health & wellness."
[View source.]
