In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
- Links to Relevant Content and Events
Food Venture Financing Trends
- Coca-Cola announced that it signed a $1.1 billion five-year contract with Microsoft to use Microsoft’s cloud and AI services, confirming its commitment to build AI capabilities across the company’s global operations.
- Glanbia Nutritionals announced that it signed an agreement to acquire Flavor Producers for $300 million.
- Mosa Meat, a Dutch-based cultivated meat startup, announced that it raised 40 million Euros in new equity capital.
- Jago Coffee, an Indonesia-based coffee cart operator startup, announced that it raised $6 million in its Series A financing.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Be8 Ventures.
- Be8 Ventures is a Berlin-based growth stage venture capital fund with a strong commitment to innovation throughout the entire food and beverage value chain (i.e. Innovative Food, E-Grocery, Retail & Gastro Tech, Packaging & Waste) in Europe, Israel and North America.
- Be8 Ventures is funded by the Oetker group, a leading food producer in Europe.
- Some of its portfolio companies include:
- New Culture
- Melt & Marble
- Planted
- Glovo
- Bluu
Links to Relevant Content and Events
ARTICLES
- Mattson Expands to Chicago with Acquisition Of Hyde Park Group, Explores the Ozempic Effect
- Beyond Meat’s Revamped Burger Hits Shelves
- Nature's Miracle to Acquire Agrify
- Our Home Acquires Two Plants from Utz Brands
- Saveggy Raises €1.76 Million for Edible Fruit & Veg Coating as Solution to Plastic Packaging
- Plant-Based by Numbers (USA): Continued Declines for Alt Meat, More Positive News for Alt Dairy – GFI
- OlsAro Raises $2.7 Million to Expand Climate Smart Crop Breeding Platform: ‘We’re Enabling Farming on Otherwise Unfarmable Land’
UPCOMING EVENTS
Naturally New York
Spring Fling
Wednesday, May 1 | 6:00 p.m. – 9:00 p.m. ET
Location: The Spaniard, 190 West 4th Street, New York, NY
Join Naturally New York for an evening of springtime celebration and networking with the Naturally New York community!
Enjoy complimentary food and beverages while mingling with fellow members of the CPG industry.
Naturally Austin
HomeRoom - CPG Risk Profiles; What Entrepreneurs Need to Know
Thursday, May 2 | 8:00 a.m. – 9:30 a.m. CT
Location: Watkins Insurance Group, 3834 Spicewood Springs Road, Austin, TX
Join Naturally Austin in a conversation with Mike Draeken from Watkins Insurance in a discussion about the risk profiles that are key to your companies success. Mike will provide and overview of what insurers are looking for, where you liabilities begin and end, and the ever important insurance needs for co-man and c-pack environments.
Naturally Bay Area
6th Annual Pitch Slam + Community Celebration
Thursday, May 9 | 3:30 p.m. – 8:30 p.m. PT
Location: Cowell Theater at Fort Mason, 2 Marina Boulevard Suite 260, San Francisco, CA
Let's celebrate the Bay Area's up-and-coming Natural Products Industry brands with a community celebration and pitch competition. A select group of entrepreneurs will pitch to the industry's premier investors, retailers, advisors, and industry peers for a chance to win prizes worth $50K+, including $5,000 cash, and the opportunity to pitch on the national stage!
Whether it's to showcase your talents or to keep your finger on the pulse of the hottest industry trends, Pitch Slam is the place you want to be.