Food Venture Financing News – Weekly Issue No. 250

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In This Issue:

  • Food Venture Financing Trends
  • CPG Corporate Venture and Private Equity Funds

  • The Better Meat Co., a plant-based meat company, raised $31 million in its Series A financing.
  • 80 Acres Farms, an indoor vertical farming company, and Soli Organic, indoor grower, announced plans to complete a merger with the goal of creating a large indoor vertical farming network.
  • Prefer, a soluble bean-free coffee and cocoa powder maker, raised $4.2 million in its recent funding round.

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.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Davis Wright Tremaine LLP

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