In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Plantible, a functional protein emerging brand, announced that it raised $30 million in its Series B round.
- Elicit Plant, an agritech startup that develops biosolutions for broadacre crops, announced that it raised 45 million Euros.
- General Mills plans to acquire Whitebridge Pet Brands’ North American pet treat business for $1.45 billion.
- Shiru, an AI-solutions startup focused on protein discovery, raised $16 million in its Series B round.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is BRF S.A.
- BRF S.A., based in Brazil, is one of the largest global food companies. It has nearly 100,000 employees in 120 countries.
- BRF offers more than 3,000 products, with emphasis on flavor and quality.
- Some of the portfolio companies include:
- Claybom
- Banvit
- Deline
- Borella
- Qualy
- Sadia
- Bom Sabor
- Confidence
- Kidelli
[View source.]
