In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Oishii, a US-based vertical farming company, announced that it has raised $134 million in Series B funding.
- PawCo, a plant-based dog food brand, announced that it has raised $2 million in seed funding.
- Mondra, a food supply chain decarbonisation startup, announced that it has raised £3.6 million in pre-Series A funding.
- The Could, a UAE-based cloud kitchen platform, announced that it has raised $12 million in Series B funding.
CPG Corporate Venture and Private Equity Fund
This week’s featured food business incubator and accelerator is Good Food Accelerator.
- GFA, located in Chicago, provides educational programs that incorporate coaching and community networking opportunities. The organization is dedicated to engaging with underserved and underrepresented communities, ensuring that it delivers programs to groups that have not always had access.
- Since 2015, 85 companies have participated in GFA cohort programs, and currently more than 100 are registered as Members.
- GFA’s cohort programs are:
- Go To Market (G2M)
- Accelerate for Growth (A4G)
- Market Access Program (MAP)
- GFA encourages industry and business professionals to engage with their community and support entrepreneurs by becoming volunteer advisors, instructors, and mentors.
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