In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Danone plans to acquire a majority stake in Kate Farms, a plant-based nutrition shake brand.
- Beyond Meat announced that it raised $100 million in debt and equity funding from Unprocessed Foods, a plant-based nonprofit.
- Hoofprint Biome, an agtech startup company, raised $15 million in its Series A round.
- Laxey, an Icelandic salmon farmer, raised 130 million Euros in equity and debt financing.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Ankur Capital.
- Ankur Capital is an India-based early-stage venture capital fund that focuses on sectors such as agritech, food, healthcare, financial, logistics, retail, and education, among others.
- The size of Ankur's investments range from $500K to $5 million.
- As an Ankur portfolio company, startups get access to Ankur's network of operational experts, who can help founders grow their businesses.
- Some of the portfolio companies include:
- Krishify
- Vegrow
- Captain Fresh
- String Bio
- Cropin
- IBISA
[View source.]
