In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Seattle-based craft beverage company, Jones Soda Co., sold its cannabis beverage business to MJ Reg Disrupters for $3 million.
- Belgian startup Koppie secured significant pre-seed funding to scale its alt-coffee operations.
- Swiss biomanufacturing company Planetary SA acquired fungi-based meat alternative startup Libre Foods, located in Barcelona, aiming to accelerate the industrialization of bio-based food and material solutions.
- Leading plant-based fast-food chain Odd Burger Corporation announced a new partnership with Vegan Supply, one of North America's largest online vegan grocery retailers, to distribute Odd Burger's complete retail line of alternative meat products.
- PepsiCo partnered with Chilean startup NotCo to launch NotCo’s meat-alternative products into additional South American markets.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is BRF S.A.
- Based in Brazil, BRF S.A. is one of the largest global food companies, employing nearly 100,000 people across 120 countries to deliver high-value products to over 300,000 customers.
- With 90 years of experience, BRF S.A. continues to grow through strategic partnerships, including their May 2025 merger with Marfrig, Brazil's second-largest food processing company (more information here).
- Some of their leading portfolio brands in the Americas include:
- Sadia, a leading global frozen food producer.
- Perdigão, a Brazilian pork and poultry producer.
- Qualy, a Brazilian household name in the margarine industry.
- Perdix, a Brazilian poultry brand specializing in frozen products.
[View source.]
