In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
- Links to Relevant Content and Events
Food Venture Financing Trends
- Ai Palette, a Singapore-based AI-powered food innovation startup, announced that it has raised $5.7 million in Series A1 funding.
- Umaro Foods, a producer of seaweed-based bacon, announced that it has raised $3.8 million in seed funding.
- Cultivated Biosciences, a Swiss dairy alternative startup, announced that it has raised $5 million in seed funding.
- ProteinDistillery, a German biotech startup, announced that it has raised €15 million in seed funding.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Fonterra Ventures Co-Lab.
- In 2016, Fonterra, the world's largest dairy exporter, launched the Fonterra Ventures Co-Lab. This open platform is designed to establish potential partnerships with entrepreneurial individuals and businesses.
- Through its platform, Fonterra Ventures encourages the submission of innovative ideas and concepts from both startups and large corporations in various domains, including new technologies, services, and business models, to promote mutual benefits.
Links to Relevant Content and Events
ARTICLES
- Women in Agtech: Are investors missing out on attractive growth opportunities?
- State of Illinois Announces $680 Million Investment in Biotech Sector Through Government Investment Strategy
- FDA Greenlights Superbrewed Food's Postbiotic Cultured Protein For Dairy And Alt-Dairy
- Examining the Beyond Meat Stock Surge After the Earnings Call
- Serenity Kids Closes $52 Million Series B Investment Round Led by Stride Consumer Partners to Support Rapid Growth and Mission
- Cultivated Biosciences secures $5 Million in Seed Funding
- Umaro Foods Raises $3.8 Million in New Financing as it Scales Up Meat-Free Bacon 'At Half the Cost' of Animal Bacon
UPCOMING EVENTS
Emerging Food Brands Lab
May 7 – June 20, 2024
Project W and DWT Food + Beverage are excited to announce the return of The Emerging Food Brands Lab for women founders in the food and beverage sector. Developed in collaboration with DWT's Food + Beverage practice, this multi-week program has been crafted to help founders take their brand to the next level through workshops dedicated to scaling production, optimizing distribution networks, and raising capital.
*Apply by March 22
Naturally North Bay
Human Resources Roundtable
*NNB + NBA Members Only*
Tuesday, March 19 | 12:00 p.m. – 1:00 p.m. CT
Join Naturally North Bay's Human Resources Forum for a roundtable discussion focusing on the sharing of best practices, experiences and thoughtful pieces of advice to other professionals within the world of HR.
Interested in attending? Join Naturally North Bay, today!
Naturally Chicago
Spring Fling
Thursday, March 21 | 5:30 p.m. – 8:00 p.m. CT
Location: Pappy's Bar at SRW Agency, 660 West Randolph St., Chicago, IL
Join Naturally Chicago's Spring Fling for good food and cocktails, great people and March Madness.
Tickets are $15 for Naturally Chicago members and $30 for non-members.