In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Hershey announced that it purchased Sour Strips, a sour candy emerging brand, for an undisclosed sum.
- Oceanloop, an indoor shrimp farming startup, received a 35 million Euro loan from the European Investment Bank.
- Molson Coors announced that it acquired a majority equity stake in Zoa, an energy drink brand, for an undisclosed amount.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Zentis Ventures.
- Zentis, based in Aachen, Germany, is a technology-driven company specializing in the processing and refinement of fruits and other natural raw materials. Zentis primarily serves the food industry, offering products and ingredients for dairy products, dairy alternatives, baked goods, and confectionery.
- Founded in 1893, Zentis has an international presence in 50 countries, allowing it to serve global customers. Its commitment to quality, innovation, and sustainability has made it a preferred partner for many companies in the food industry from startups to established brands.
- Portfolio companies include:
- Neggst
- POMOM
- Rettergut
- The Oater
[View source.]
