In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Branded egg producer Eggoz, based in India, raised $20 million in a Series C round to strengthen its market presence, expand into new locations, and invest in technology.
- Polish startup Proteine Resources raised $11.2 million to build an automated factory to produce premium alternative protein food for pets.
- Beverage and supplement startup Neutonic raised $3.7 million in its first funding round, with plans to scale its workforce and increase distribution.
- Brazilian startup Future Cow raised $4.85 million to scale up its production of animal-free dairy proteins via fermentation.
- Danone's North America Medical Nutrition business completed its acquisition of Kate Farms, a US provider of plant-based clinical nutritional formulas, from Novo Holdings.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Organic Food Incubator.
- Founded in 2009 and located in Bloomfield, New Jersey, Organic Food Incubator fosters personal partnerships with clients to help them craft distinctive and high-quality solutions in the manufacturing and co-packing services space.
- Organic Food Incubator priorities nurturing food innovation, promoting sustainability, and empowering food entrepreneurs.
- Recently, Organic Food Incubator expanded its services to include co-packing, private labeling, logistics, and product development. These expansions allow them to continue to diversify their client base to include clients ranging from small startups to established brands entering new markets.
- Organic Food Incubator's primary services include:
- Contract manufacturing
- Product development
- Coaching and training
- Outsourcing solutions
[View source.]
