New in Funding: Biggest ever vertical farming round, €50M for sustainable Agri Food Tech and $7M for a ‘Vegan McDonald’

New in Funding: Biggest ever vertical farming round, €50M for sustainable Agri Food Tech and $7M for a ‘Vegan McDonald’

By
Nicola Spalding
May 28, 2021

👨‍🌾 NYC-based vertical farming firm Bowery raised $300M series C funding. It currently operates two vertical farming facilities, and plans to break ground on additional locations this year. Find out more about urban agriculture and Bowery’s ‘untouched by humans’ approach to produce.

🥕 Invaio Sciences raised $88.9M series C funding, bringing its total to $142M since it was founded in 2018. It is focused on accelerating the transition to biological agriculture, reducing the use of pesticides and increasing carbon capture to improve the health of crop production.

🧪 The Yield Lab Europe has secured a total of €50M after the second close of its sustainable agrifoodtech fund, and is hoping for more through its final close in the autumn. 

🍻 SevenFifty closed $23M series B funding for its platform that connects buyers, distributors and retailers across the alcohol beverage supply chain in an integrated sales and marketing toolkit.

⌚️ Workforce management platform 7Shifts secured $21.5M series B funding to expand its team and the products it offers. Its software simplifies the task of managing workers and helps businesses to control costs, through tools for scheduling, time clocking and communication.

Source: Virtual Kitchen Co.


📡 Virtual Kitchen Co. has rebranded to All Day Kitchens and closed a $20M series B funding round. Its platform offers restaurants a network of satellite kitchens to reach takeout and delivery customers with minimal upfront investment, and its planning further expansion across the States.

🍴 Corporate catering startup Sharebite raised $15M series A funding for its online platform, which allows its corporate customers to provide delivered meals to their employees, with a get-and-give twist. For every meal ordered through its service, Sharebite makes a donation to City Harvest to alleviate childhood hunger.

🍟 Plant Power Restaurant Group LLC secured $7.5M series A funding to continue its US expansion and help achieve its goal of establishing itself as the ‘Vegan McDonald’s’. We previously covered the massive shift happening right now in the future of fast food.

Source: ©Spa Girl Cocktails


🍹 Spa Girl Cocktails closed an oversubscribed $5M series A round to fuel its expansion across the States. Its high ABV cocktails come in a ready-to-drink format, and are made with six times distilled premium vodka.

📲 Social media platform VEGANZONE, which aims to be an “indispensable ‘super app’ community-based platform for those adopting a vegan or vegetarian lifestyle” secured its first funding at a valuation of $3M.

🏬 On-demand grocery delivery startup Food Rocket raised $2M and is going up against existing delivery giants in The Bay Area, San Francisco, and hopes to open 150 ‘dark stores’ on the West Coast. Using the company’s mobile app, users can order fresh groceries, ready-to-eat meals and household goods, and receive them within 10-15 minutes.

🔦 Brazilian AI agtech startup Adroit Robotics closed $427k seed funding for its AI-enabled sensors which monitor citrus farmland to optimise orchard productivity.

FoodHack Database

Become a member

to get unlimited access

  • Weekly Trend Reports | Access 60+ Reports
  • Startups & Investors Database | Browse 500+
  • FoodHack+ Insiders Community | Coming soon

👨‍🌾 NYC-based vertical farming firm Bowery raised $300M series C funding. It currently operates two vertical farming facilities, and plans to break ground on additional locations this year. Find out more about urban agriculture and Bowery’s ‘untouched by humans’ approach to produce.

🥕 Invaio Sciences raised $88.9M series C funding, bringing its total to $142M since it was founded in 2018. It is focused on accelerating the transition to biological agriculture, reducing the use of pesticides and increasing carbon capture to improve the health of crop production.

🧪 The Yield Lab Europe has secured a total of €50M after the second close of its sustainable agrifoodtech fund, and is hoping for more through its final close in the autumn. 

🍻 SevenFifty closed $23M series B funding for its platform that connects buyers, distributors and retailers across the alcohol beverage supply chain in an integrated sales and marketing toolkit.

⌚️ Workforce management platform 7Shifts secured $21.5M series B funding to expand its team and the products it offers. Its software simplifies the task of managing workers and helps businesses to control costs, through tools for scheduling, time clocking and communication.

Source: Virtual Kitchen Co.


📡 Virtual Kitchen Co. has rebranded to All Day Kitchens and closed a $20M series B funding round. Its platform offers restaurants a network of satellite kitchens to reach takeout and delivery customers with minimal upfront investment, and its planning further expansion across the States.

🍴 Corporate catering startup Sharebite raised $15M series A funding for its online platform, which allows its corporate customers to provide delivered meals to their employees, with a get-and-give twist. For every meal ordered through its service, Sharebite makes a donation to City Harvest to alleviate childhood hunger.

🍟 Plant Power Restaurant Group LLC secured $7.5M series A funding to continue its US expansion and help achieve its goal of establishing itself as the ‘Vegan McDonald’s’. We previously covered the massive shift happening right now in the future of fast food.

Source: ©Spa Girl Cocktails


🍹 Spa Girl Cocktails closed an oversubscribed $5M series A round to fuel its expansion across the States. Its high ABV cocktails come in a ready-to-drink format, and are made with six times distilled premium vodka.

📲 Social media platform VEGANZONE, which aims to be an “indispensable ‘super app’ community-based platform for those adopting a vegan or vegetarian lifestyle” secured its first funding at a valuation of $3M.

🏬 On-demand grocery delivery startup Food Rocket raised $2M and is going up against existing delivery giants in The Bay Area, San Francisco, and hopes to open 150 ‘dark stores’ on the West Coast. Using the company’s mobile app, users can order fresh groceries, ready-to-eat meals and household goods, and receive them within 10-15 minutes.

🔦 Brazilian AI agtech startup Adroit Robotics closed $427k seed funding for its AI-enabled sensors which monitor citrus farmland to optimise orchard productivity.

👨‍🌾 NYC-based vertical farming firm Bowery raised $300M series C funding. It currently operates two vertical farming facilities, and plans to break ground on additional locations this year. Find out more about urban agriculture and Bowery’s ‘untouched by humans’ approach to produce.

🥕 Invaio Sciences raised $88.9M series C funding, bringing its total to $142M since it was founded in 2018. It is focused on accelerating the transition to biological agriculture, reducing the use of pesticides and increasing carbon capture to improve the health of crop production.

🧪 The Yield Lab Europe has secured a total of €50M after the second close of its sustainable agrifoodtech fund, and is hoping for more through its final close in the autumn. 

🍻 SevenFifty closed $23M series B funding for its platform that connects buyers, distributors and retailers across the alcohol beverage supply chain in an integrated sales and marketing toolkit.

⌚️ Workforce management platform 7Shifts secured $21.5M series B funding to expand its team and the products it offers. Its software simplifies the task of managing workers and helps businesses to control costs, through tools for scheduling, time clocking and communication.

Source: Virtual Kitchen Co.


📡 Virtual Kitchen Co. has rebranded to All Day Kitchens and closed a $20M series B funding round. Its platform offers restaurants a network of satellite kitchens to reach takeout and delivery customers with minimal upfront investment, and its planning further expansion across the States.

🍴 Corporate catering startup Sharebite raised $15M series A funding for its online platform, which allows its corporate customers to provide delivered meals to their employees, with a get-and-give twist. For every meal ordered through its service, Sharebite makes a donation to City Harvest to alleviate childhood hunger.

🍟 Plant Power Restaurant Group LLC secured $7.5M series A funding to continue its US expansion and help achieve its goal of establishing itself as the ‘Vegan McDonald’s’. We previously covered the massive shift happening right now in the future of fast food.

Source: ©Spa Girl Cocktails


🍹 Spa Girl Cocktails closed an oversubscribed $5M series A round to fuel its expansion across the States. Its high ABV cocktails come in a ready-to-drink format, and are made with six times distilled premium vodka.

📲 Social media platform VEGANZONE, which aims to be an “indispensable ‘super app’ community-based platform for those adopting a vegan or vegetarian lifestyle” secured its first funding at a valuation of $3M.

🏬 On-demand grocery delivery startup Food Rocket raised $2M and is going up against existing delivery giants in The Bay Area, San Francisco, and hopes to open 150 ‘dark stores’ on the West Coast. Using the company’s mobile app, users can order fresh groceries, ready-to-eat meals and household goods, and receive them within 10-15 minutes.

🔦 Brazilian AI agtech startup Adroit Robotics closed $427k seed funding for its AI-enabled sensors which monitor citrus farmland to optimise orchard productivity.

👨‍🌾 NYC-based vertical farming firm Bowery raised $300M series C funding. It currently operates two vertical farming facilities, and plans to break ground on additional locations this year. Find out more about urban agriculture and Bowery’s ‘untouched by humans’ approach to produce.

🥕 Invaio Sciences raised $88.9M series C funding, bringing its total to $142M since it was founded in 2018. It is focused on accelerating the transition to biological agriculture, reducing the use of pesticides and increasing carbon capture to improve the health of crop production.

🧪 The Yield Lab Europe has secured a total of €50M after the second close of its sustainable agrifoodtech fund, and is hoping for more through its final close in the autumn. 

🍻 SevenFifty closed $23M series B funding for its platform that connects buyers, distributors and retailers across the alcohol beverage supply chain in an integrated sales and marketing toolkit.

⌚️ Workforce management platform 7Shifts secured $21.5M series B funding to expand its team and the products it offers. Its software simplifies the task of managing workers and helps businesses to control costs, through tools for scheduling, time clocking and communication.

Source: Virtual Kitchen Co.


📡 Virtual Kitchen Co. has rebranded to All Day Kitchens and closed a $20M series B funding round. Its platform offers restaurants a network of satellite kitchens to reach takeout and delivery customers with minimal upfront investment, and its planning further expansion across the States.

🍴 Corporate catering startup Sharebite raised $15M series A funding for its online platform, which allows its corporate customers to provide delivered meals to their employees, with a get-and-give twist. For every meal ordered through its service, Sharebite makes a donation to City Harvest to alleviate childhood hunger.

🍟 Plant Power Restaurant Group LLC secured $7.5M series A funding to continue its US expansion and help achieve its goal of establishing itself as the ‘Vegan McDonald’s’. We previously covered the massive shift happening right now in the future of fast food.

Source: ©Spa Girl Cocktails


🍹 Spa Girl Cocktails closed an oversubscribed $5M series A round to fuel its expansion across the States. Its high ABV cocktails come in a ready-to-drink format, and are made with six times distilled premium vodka.

📲 Social media platform VEGANZONE, which aims to be an “indispensable ‘super app’ community-based platform for those adopting a vegan or vegetarian lifestyle” secured its first funding at a valuation of $3M.

🏬 On-demand grocery delivery startup Food Rocket raised $2M and is going up against existing delivery giants in The Bay Area, San Francisco, and hopes to open 150 ‘dark stores’ on the West Coast. Using the company’s mobile app, users can order fresh groceries, ready-to-eat meals and household goods, and receive them within 10-15 minutes.

🔦 Brazilian AI agtech startup Adroit Robotics closed $427k seed funding for its AI-enabled sensors which monitor citrus farmland to optimise orchard productivity.

FoodTech News Digested ✉️
Every Monday (12pm CET) & Friday (1pm CET) in your inbox

Reports

Game on: the 21 brands after the growing esports nutrition industry for gamers
New Energy: the 37 companies creating better-for-you energy drinks
Flour power: the rise of substitute alternatives to traditional wheat flour
Meet the lupini bean: the humble legume - and the next big superfood - you’ve never heard of
Animal Free Cheese: the 90+ brands on quest to make great tasting cheese, cow-free
New kids on the block: the 40+ brands making healthier choices for babies and children
Vegan beef jerky and cell-cultured seafood: Africa’s FoodTech scene is heating up
The fourth wave of craft coffee is coming: are you ready for a revamped cup of jo?