In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Cauldron, an Australian fermentation technology startup, announced that it has raised $6.25 million in Series A funding.
- Acre Venture Partners, a California-based venture capital firm, announced that it has raised $140 million in funding to invest in agrifoodtech startups.
- Jumbotail, an Indian B2B ecommerce startup, announced that it has raised $18.2 million in an equity round.
- Poseidona, a Spanish female-led food tech startup, announced it has raised €1.1 million in a pre-seed round.
CPG Corporate Venture and Private Equity Fund
This week’s featured corporate venture and private equity fund is Rich Products Ventures.
- Rich Products Ventures (RPV), a division of the family-owned Rich Products Corporation, known for its expertise in frozen food, offers a mix of operational, technological, and investment expertise enhanced by its broad network and global footprint across the United States and China.
- RPV is committed to delivering maximum value to their portfolio companies through four key areas of focus:
- Nutrition & Health
- Sustainable Production
- Next Generation of Retail & Food Service
- Dynamic Supply Chain
- Some of its portfolio companies include the following:
- Atomo Coffee
- Byte Technology
- Good Eggs
- Grabango
- Kitchen United
- Thistle
[View source.]
