New in Funding: Apeel locks in $250M for fresher fruits, Starday closes $4M to take on big food

New in Funding: Apeel locks in $250M for fresher fruits, Starday closes $4M to take on big food

By
Nicola Spalding
August 20, 2021

This is a web version of FoodHack's 'This Week In Food' newsletter. Sign up here to receive the next edition to your inbox.


🍎 Apeel raised an additional $250M Series E funding, bringing its total investment to more than $635M. It plans to expand its supply chain in Europe, the UK and the US, to give more places access to its plant-based coating which extends the life of fresh produce, reducing waste.

💰 Ex-Metro boss Olaf Koch has launched a new fund for food startups, Zintinus, which just raised €50M in its first close, and is aiming for €150M.

Source: Trifecta

🍛 Leading organic meal delivery service Trifecta secured $20M Series B funding to further expand its operations and meal solutions. Currently, it offers meal plans that cater to dietary preferences including keto, paleo, vegan, vegetarian, clean eating and classic meals.

🥬 Ag software startup Regrow closed $17M Series A funding just six months after its formation earlier this year, to continue the US rollout of its monitoring, reporting, and verification tool for carbon sequestration and monetisation.

Source: Beta Hatch

🐜 Mealworm farming firm Beta Hatch raised $10M to build a new facility, which it claims will be the largest of its kind in North America, able to produce 10x its current output over the next year.

🥕 Saudi Arabia-based Red Sea Farms secured an additional $6M Series A funding, bringing its total round to $16M for its crop grow system which relies on saltwater as its primary irrigation input.

🥯 Healthy and sustainable food products firm Starday raised $4M seed funding to take on “big food incumbents” with its trend-driven product development, which started with its first brand Gooey Snacks, an all-natural, low-sugar chocolate hazelnut spread that is made without dairy or palm oil.

Source: Yofix Probiotics

🌱 Israeli food tech Yofix Probiotics secured $3.5M to scale up its manufacturing capacity for its clean-label plant-based dairy products, which contain gut-healthy prebiotics and probiotics.

🐜 Texas A&M College of Agriculture & Life Sciences is establishing a new Center for Environmental Sustainability through Insect Farming, examining the potential of insects as a food source, thanks to a $2.2M grant from the National Science Foundation.

🏴󠁧󠁢󠁳󠁣󠁴󠁿 Scottish startup SOLASTA Bio, a spinout from The Glasgow University, secured £1.3M  seed investment for its environmentally-friendly insecticides, which are the first of their kind to be developed worldwide.

Source: Revo


🐟 Revo Foods secured a €800k bridge loan to expand its operations and scale up production of its 3D-printed plant-based salmon, alongside investing in R&D.

🥩 Swedish firm Melt&Marble raised €750k seed funding for its precision fermentation tech, through which it produces molecularly identical animal fats, without animals,  for use in plant-based alternative proteins.

🍗 Singapore-based Shandi Global closed $700k in its second seed round to accelerate its plant-based chicken products across Asia and fund further product innovation, potentially into other meats.

🥛 Mohjo, a Singapore-based DTC clean label plant-based dairy brand, raised undisclosed seed funding to bring its first product, vegan almond milk, to market across Asia-Pacific.

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This is a web version of FoodHack's 'This Week In Food' newsletter. Sign up here to receive the next edition to your inbox.


🍎 Apeel raised an additional $250M Series E funding, bringing its total investment to more than $635M. It plans to expand its supply chain in Europe, the UK and the US, to give more places access to its plant-based coating which extends the life of fresh produce, reducing waste.

💰 Ex-Metro boss Olaf Koch has launched a new fund for food startups, Zintinus, which just raised €50M in its first close, and is aiming for €150M.

Source: Trifecta

🍛 Leading organic meal delivery service Trifecta secured $20M Series B funding to further expand its operations and meal solutions. Currently, it offers meal plans that cater to dietary preferences including keto, paleo, vegan, vegetarian, clean eating and classic meals.

🥬 Ag software startup Regrow closed $17M Series A funding just six months after its formation earlier this year, to continue the US rollout of its monitoring, reporting, and verification tool for carbon sequestration and monetisation.

Source: Beta Hatch

🐜 Mealworm farming firm Beta Hatch raised $10M to build a new facility, which it claims will be the largest of its kind in North America, able to produce 10x its current output over the next year.

🥕 Saudi Arabia-based Red Sea Farms secured an additional $6M Series A funding, bringing its total round to $16M for its crop grow system which relies on saltwater as its primary irrigation input.

🥯 Healthy and sustainable food products firm Starday raised $4M seed funding to take on “big food incumbents” with its trend-driven product development, which started with its first brand Gooey Snacks, an all-natural, low-sugar chocolate hazelnut spread that is made without dairy or palm oil.

Source: Yofix Probiotics

🌱 Israeli food tech Yofix Probiotics secured $3.5M to scale up its manufacturing capacity for its clean-label plant-based dairy products, which contain gut-healthy prebiotics and probiotics.

🐜 Texas A&M College of Agriculture & Life Sciences is establishing a new Center for Environmental Sustainability through Insect Farming, examining the potential of insects as a food source, thanks to a $2.2M grant from the National Science Foundation.

🏴󠁧󠁢󠁳󠁣󠁴󠁿 Scottish startup SOLASTA Bio, a spinout from The Glasgow University, secured £1.3M  seed investment for its environmentally-friendly insecticides, which are the first of their kind to be developed worldwide.

Source: Revo


🐟 Revo Foods secured a €800k bridge loan to expand its operations and scale up production of its 3D-printed plant-based salmon, alongside investing in R&D.

🥩 Swedish firm Melt&Marble raised €750k seed funding for its precision fermentation tech, through which it produces molecularly identical animal fats, without animals,  for use in plant-based alternative proteins.

🍗 Singapore-based Shandi Global closed $700k in its second seed round to accelerate its plant-based chicken products across Asia and fund further product innovation, potentially into other meats.

🥛 Mohjo, a Singapore-based DTC clean label plant-based dairy brand, raised undisclosed seed funding to bring its first product, vegan almond milk, to market across Asia-Pacific.

This is a web version of FoodHack's 'This Week In Food' newsletter. Sign up here to receive the next edition to your inbox.


🍎 Apeel raised an additional $250M Series E funding, bringing its total investment to more than $635M. It plans to expand its supply chain in Europe, the UK and the US, to give more places access to its plant-based coating which extends the life of fresh produce, reducing waste.

💰 Ex-Metro boss Olaf Koch has launched a new fund for food startups, Zintinus, which just raised €50M in its first close, and is aiming for €150M.

Source: Trifecta

🍛 Leading organic meal delivery service Trifecta secured $20M Series B funding to further expand its operations and meal solutions. Currently, it offers meal plans that cater to dietary preferences including keto, paleo, vegan, vegetarian, clean eating and classic meals.

🥬 Ag software startup Regrow closed $17M Series A funding just six months after its formation earlier this year, to continue the US rollout of its monitoring, reporting, and verification tool for carbon sequestration and monetisation.

Source: Beta Hatch

🐜 Mealworm farming firm Beta Hatch raised $10M to build a new facility, which it claims will be the largest of its kind in North America, able to produce 10x its current output over the next year.

🥕 Saudi Arabia-based Red Sea Farms secured an additional $6M Series A funding, bringing its total round to $16M for its crop grow system which relies on saltwater as its primary irrigation input.

🥯 Healthy and sustainable food products firm Starday raised $4M seed funding to take on “big food incumbents” with its trend-driven product development, which started with its first brand Gooey Snacks, an all-natural, low-sugar chocolate hazelnut spread that is made without dairy or palm oil.

Source: Yofix Probiotics

🌱 Israeli food tech Yofix Probiotics secured $3.5M to scale up its manufacturing capacity for its clean-label plant-based dairy products, which contain gut-healthy prebiotics and probiotics.

🐜 Texas A&M College of Agriculture & Life Sciences is establishing a new Center for Environmental Sustainability through Insect Farming, examining the potential of insects as a food source, thanks to a $2.2M grant from the National Science Foundation.

🏴󠁧󠁢󠁳󠁣󠁴󠁿 Scottish startup SOLASTA Bio, a spinout from The Glasgow University, secured £1.3M  seed investment for its environmentally-friendly insecticides, which are the first of their kind to be developed worldwide.

Source: Revo


🐟 Revo Foods secured a €800k bridge loan to expand its operations and scale up production of its 3D-printed plant-based salmon, alongside investing in R&D.

🥩 Swedish firm Melt&Marble raised €750k seed funding for its precision fermentation tech, through which it produces molecularly identical animal fats, without animals,  for use in plant-based alternative proteins.

🍗 Singapore-based Shandi Global closed $700k in its second seed round to accelerate its plant-based chicken products across Asia and fund further product innovation, potentially into other meats.

🥛 Mohjo, a Singapore-based DTC clean label plant-based dairy brand, raised undisclosed seed funding to bring its first product, vegan almond milk, to market across Asia-Pacific.

This is a web version of FoodHack's 'This Week In Food' newsletter. Sign up here to receive the next edition to your inbox.


🍎 Apeel raised an additional $250M Series E funding, bringing its total investment to more than $635M. It plans to expand its supply chain in Europe, the UK and the US, to give more places access to its plant-based coating which extends the life of fresh produce, reducing waste.

💰 Ex-Metro boss Olaf Koch has launched a new fund for food startups, Zintinus, which just raised €50M in its first close, and is aiming for €150M.

Source: Trifecta

🍛 Leading organic meal delivery service Trifecta secured $20M Series B funding to further expand its operations and meal solutions. Currently, it offers meal plans that cater to dietary preferences including keto, paleo, vegan, vegetarian, clean eating and classic meals.

🥬 Ag software startup Regrow closed $17M Series A funding just six months after its formation earlier this year, to continue the US rollout of its monitoring, reporting, and verification tool for carbon sequestration and monetisation.

Source: Beta Hatch

🐜 Mealworm farming firm Beta Hatch raised $10M to build a new facility, which it claims will be the largest of its kind in North America, able to produce 10x its current output over the next year.

🥕 Saudi Arabia-based Red Sea Farms secured an additional $6M Series A funding, bringing its total round to $16M for its crop grow system which relies on saltwater as its primary irrigation input.

🥯 Healthy and sustainable food products firm Starday raised $4M seed funding to take on “big food incumbents” with its trend-driven product development, which started with its first brand Gooey Snacks, an all-natural, low-sugar chocolate hazelnut spread that is made without dairy or palm oil.

Source: Yofix Probiotics

🌱 Israeli food tech Yofix Probiotics secured $3.5M to scale up its manufacturing capacity for its clean-label plant-based dairy products, which contain gut-healthy prebiotics and probiotics.

🐜 Texas A&M College of Agriculture & Life Sciences is establishing a new Center for Environmental Sustainability through Insect Farming, examining the potential of insects as a food source, thanks to a $2.2M grant from the National Science Foundation.

🏴󠁧󠁢󠁳󠁣󠁴󠁿 Scottish startup SOLASTA Bio, a spinout from The Glasgow University, secured £1.3M  seed investment for its environmentally-friendly insecticides, which are the first of their kind to be developed worldwide.

Source: Revo


🐟 Revo Foods secured a €800k bridge loan to expand its operations and scale up production of its 3D-printed plant-based salmon, alongside investing in R&D.

🥩 Swedish firm Melt&Marble raised €750k seed funding for its precision fermentation tech, through which it produces molecularly identical animal fats, without animals,  for use in plant-based alternative proteins.

🍗 Singapore-based Shandi Global closed $700k in its second seed round to accelerate its plant-based chicken products across Asia and fund further product innovation, potentially into other meats.

🥛 Mohjo, a Singapore-based DTC clean label plant-based dairy brand, raised undisclosed seed funding to bring its first product, vegan almond milk, to market across Asia-Pacific.

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