In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Moolec Science, a foodtech startup that utilizes molecular farming technology to develop alternative proteins, announced that it acquired ValoraSoy, a plant-based ingredient business that develops functional soy proteins, for $6 million.
- Liberation Labs, a startup that is developing efficient processes for alternative protein production, announced that it secured $30 million in equipment financing. The company plans to use the funds to build its first commercial-scale precision fermentation plant in the US.
- Carbon Robotics, a startup that uses robotics to target and eliminate weeds, announced that it raised $30 million in its Series C round.
CPG Corporate Venture and Private Equity Fund
This week's featured CPG Corporate Venture and Private Equity Fund is CircleUp Growth Partners.
- CircleUp Growth Partners is a San Francisco based early stage consumer investment fund, founded in 2012. It has a data-driven, scalable approach to investing. It has invested in companies across a variety of categories ranging from food and beverage to beauty, pet, household products, restaurants, and apparel.
- One of its highlights is the proprietary machine learning platform – Helio, which collects and analyzes billions of data points across more than 1.2 million companies to understand and predict their future success.
- Companies backed by CircleUp include:
- Nutpods
- 4505 Meats
- Partake
- Pop&Bottle
[View source.]
