Food Venture Financing News – Weekly Issue No. 266

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Davis Wright Tremaine LLP

In This Issue:

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

  • Biographica, a startup working to improve and accelerate the crop trait development process through machine learning, announced that it raised £7 million in a seed round.
  • Bactolife, a Danish startup bringing binding proteins to gut health, announced that it closed its €30 million Series B round.
  • Good Culture, a Texas-based startup making cultured dairy products, announced that it closed a majority investment from L Catterton.

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.
  • 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 its food and beverage partners include the following:
    • Honey Mama's
    • Cleveland Kitchen
    • MUSH
    • Javy
    • Partake Brewing

[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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