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