In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Heura, a Spanish plant-based meat foodtech startup, announced that it raised 40 million Euros in its Series B financing.
- ProducePay, an agtech startup, announced that it raised $38 million in its Series D round.
- Aquaconnect, an Indian aquaculture platform startup, announced that it raised $4 million in its pre-Series B round, which was led by S2G Ventures.
- Whole Earth Brands, the producer of Equal and Wholesome Sweetners, announced that it plans to go private in a deal to sell the business to an affiliate of Sababa for $4.875 per share.
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:
- Impossible Foods
- Simply Good Jars
- Angel Planet
- Jalma Farms
- Sundial Foods
[View source.]
