New in Funding: China's adaptive robot maker Flexiv raises $100M and Air Protein gets $32M to make protein out of thin air

New in Funding: China's adaptive robot maker Flexiv raises $100M and Air Protein gets $32M to make protein out of thin air

By
Nicola Spalding
January 8, 2021

New in Funding

  • 🦾 Flexiv has raised over $100M series B funding to continue development of its ‘adaptive robots’ which closely imitate human dexterity and adaptability to changing environments, allowing them to be used for repetitive yet complex tasks across multiple industries, including food and agriculture.
  • 💨 Fermentation technology experts Air Protein raised $32M to develop a meat alternative out of thin air, which is innovative, highly nutritious and environmentally-friendly.
  • 🍺 Indian craft beer brand Bira 91 secured $30M from Japan’s Kirin Holdings, which is its first investment venture in the country, enabling the beer brand to expand its production capacity and enter new markets.
Bira 91's CEO, Ankur Jain

  • 🗑 Denmark-based surplus food marketplace Too Good To Go raised €25.7M to expand its waste-fighting operations in the US. Consumers can access food which would have otherwise been wasted by hotels and restaurants at heavily discounted prices through its app or website.
  • 🍤 New Wave Foods closed an $18M funding round to scale up production of its plant-based seafood products and launch them into food service, with its first shipment to a food service distributor later this month.
  • 🚛 San Francisco-based organic plant-centred meal delivery service Thistle raised $10.3M series B funding to expand its market position and customer base through 2021.
  • 🐷 Australian cellular agtech startup Vow Foods raised $6M to focus development on its cultivated meat products which include pork and kangaroo as well as rabbit, mice and even alpaca.
Vow Foods's cofounders Tim Noakesmith and George Peppou

  • 🍪 Black female-founded allergy-friendly cookie brand Partake Foods raised $4.8M, and more than 50% of its total funding to date has come from Black investors, including Jay-Z and Rihanna, who made her first investment beyond personal ventures.
  • 🧫 Chinese cultivated meat startup Joes Future Foods raised 20M RMB ($3M) from angel investment to accelerate R&D of its cell-based minced pork product, which is China’s first.
  • 🍞 Detroit keto bread maker Uprising secured $1.25M to expand its retail presence and subscription-based delivery service of its signature loaf, which it describes as one which “works like a supplement, looks like a perfectly square loaf of bread, and yet tastes like sourdough’’.
  • 🌳 Amsterdam-based reNature raised €550k seed funding to scale its regenerative agroforestry activity, and has its sight set on series A funding later this year in line with its rapid expansion.
  • 🚴‍♀️ Tribal Sports Nutrition secured £421k through Crowdcube fundraising, after hitting its original £250k target in just four days, to fund new product development within its range of 100% natural and organic sports food products.
  • 🍽 Spanish startup Novameat received €250k from its government to ramp up production of its 3D-printed whole cuts of meat, and announced its partnership with two-Michelin star restaurant Disfrutar, ranked number 9 in the world.


Mergers & Acquisitions:

  • Flavour giant McCormick & Co purchased natural flavourings company FONA International for $710M, to expand its reach into performance nutrition and health & wellness categories.
  • LIVEKINDLY Collective is on track to become one of the world’s largest plant-based food companies, and has added No Meat, Iceland Foods’ vegan meat alternative company, to its portfolio for an undisclosed amount.
  • Digital kitchen platform C3 acquired Specialty’s Cafe & Bakery chain, which permanently closed in May 2020 due to the pandemic, to grow a new digital brand.
  • Mondelez has agreed to buy paleo chocolate bar maker Hu Master Holdings, in a deal that values Hu at around $340M, to tap into the growing demand for healthier snacks.


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New in Funding

  • 🦾 Flexiv has raised over $100M series B funding to continue development of its ‘adaptive robots’ which closely imitate human dexterity and adaptability to changing environments, allowing them to be used for repetitive yet complex tasks across multiple industries, including food and agriculture.
  • 💨 Fermentation technology experts Air Protein raised $32M to develop a meat alternative out of thin air, which is innovative, highly nutritious and environmentally-friendly.
  • 🍺 Indian craft beer brand Bira 91 secured $30M from Japan’s Kirin Holdings, which is its first investment venture in the country, enabling the beer brand to expand its production capacity and enter new markets.
Bira 91's CEO, Ankur Jain

  • 🗑 Denmark-based surplus food marketplace Too Good To Go raised €25.7M to expand its waste-fighting operations in the US. Consumers can access food which would have otherwise been wasted by hotels and restaurants at heavily discounted prices through its app or website.
  • 🍤 New Wave Foods closed an $18M funding round to scale up production of its plant-based seafood products and launch them into food service, with its first shipment to a food service distributor later this month.
  • 🚛 San Francisco-based organic plant-centred meal delivery service Thistle raised $10.3M series B funding to expand its market position and customer base through 2021.
  • 🐷 Australian cellular agtech startup Vow Foods raised $6M to focus development on its cultivated meat products which include pork and kangaroo as well as rabbit, mice and even alpaca.
Vow Foods's cofounders Tim Noakesmith and George Peppou

  • 🍪 Black female-founded allergy-friendly cookie brand Partake Foods raised $4.8M, and more than 50% of its total funding to date has come from Black investors, including Jay-Z and Rihanna, who made her first investment beyond personal ventures.
  • 🧫 Chinese cultivated meat startup Joes Future Foods raised 20M RMB ($3M) from angel investment to accelerate R&D of its cell-based minced pork product, which is China’s first.
  • 🍞 Detroit keto bread maker Uprising secured $1.25M to expand its retail presence and subscription-based delivery service of its signature loaf, which it describes as one which “works like a supplement, looks like a perfectly square loaf of bread, and yet tastes like sourdough’’.
  • 🌳 Amsterdam-based reNature raised €550k seed funding to scale its regenerative agroforestry activity, and has its sight set on series A funding later this year in line with its rapid expansion.
  • 🚴‍♀️ Tribal Sports Nutrition secured £421k through Crowdcube fundraising, after hitting its original £250k target in just four days, to fund new product development within its range of 100% natural and organic sports food products.
  • 🍽 Spanish startup Novameat received €250k from its government to ramp up production of its 3D-printed whole cuts of meat, and announced its partnership with two-Michelin star restaurant Disfrutar, ranked number 9 in the world.


Mergers & Acquisitions:

  • Flavour giant McCormick & Co purchased natural flavourings company FONA International for $710M, to expand its reach into performance nutrition and health & wellness categories.
  • LIVEKINDLY Collective is on track to become one of the world’s largest plant-based food companies, and has added No Meat, Iceland Foods’ vegan meat alternative company, to its portfolio for an undisclosed amount.
  • Digital kitchen platform C3 acquired Specialty’s Cafe & Bakery chain, which permanently closed in May 2020 due to the pandemic, to grow a new digital brand.
  • Mondelez has agreed to buy paleo chocolate bar maker Hu Master Holdings, in a deal that values Hu at around $340M, to tap into the growing demand for healthier snacks.


Become a FoodHack+ member to get unlimited access

  • Access premium publications
  • Get listed on our directory
  • Join a Global Community

New in Funding

  • 🦾 Flexiv has raised over $100M series B funding to continue development of its ‘adaptive robots’ which closely imitate human dexterity and adaptability to changing environments, allowing them to be used for repetitive yet complex tasks across multiple industries, including food and agriculture.
  • 💨 Fermentation technology experts Air Protein raised $32M to develop a meat alternative out of thin air, which is innovative, highly nutritious and environmentally-friendly.
  • 🍺 Indian craft beer brand Bira 91 secured $30M from Japan’s Kirin Holdings, which is its first investment venture in the country, enabling the beer brand to expand its production capacity and enter new markets.
Bira 91's CEO, Ankur Jain

  • 🗑 Denmark-based surplus food marketplace Too Good To Go raised €25.7M to expand its waste-fighting operations in the US. Consumers can access food which would have otherwise been wasted by hotels and restaurants at heavily discounted prices through its app or website.
  • 🍤 New Wave Foods closed an $18M funding round to scale up production of its plant-based seafood products and launch them into food service, with its first shipment to a food service distributor later this month.
  • 🚛 San Francisco-based organic plant-centred meal delivery service Thistle raised $10.3M series B funding to expand its market position and customer base through 2021.
  • 🐷 Australian cellular agtech startup Vow Foods raised $6M to focus development on its cultivated meat products which include pork and kangaroo as well as rabbit, mice and even alpaca.
Vow Foods's cofounders Tim Noakesmith and George Peppou

  • 🍪 Black female-founded allergy-friendly cookie brand Partake Foods raised $4.8M, and more than 50% of its total funding to date has come from Black investors, including Jay-Z and Rihanna, who made her first investment beyond personal ventures.
  • 🧫 Chinese cultivated meat startup Joes Future Foods raised 20M RMB ($3M) from angel investment to accelerate R&D of its cell-based minced pork product, which is China’s first.
  • 🍞 Detroit keto bread maker Uprising secured $1.25M to expand its retail presence and subscription-based delivery service of its signature loaf, which it describes as one which “works like a supplement, looks like a perfectly square loaf of bread, and yet tastes like sourdough’’.
  • 🌳 Amsterdam-based reNature raised €550k seed funding to scale its regenerative agroforestry activity, and has its sight set on series A funding later this year in line with its rapid expansion.
  • 🚴‍♀️ Tribal Sports Nutrition secured £421k through Crowdcube fundraising, after hitting its original £250k target in just four days, to fund new product development within its range of 100% natural and organic sports food products.
  • 🍽 Spanish startup Novameat received €250k from its government to ramp up production of its 3D-printed whole cuts of meat, and announced its partnership with two-Michelin star restaurant Disfrutar, ranked number 9 in the world.


Mergers & Acquisitions:

  • Flavour giant McCormick & Co purchased natural flavourings company FONA International for $710M, to expand its reach into performance nutrition and health & wellness categories.
  • LIVEKINDLY Collective is on track to become one of the world’s largest plant-based food companies, and has added No Meat, Iceland Foods’ vegan meat alternative company, to its portfolio for an undisclosed amount.
  • Digital kitchen platform C3 acquired Specialty’s Cafe & Bakery chain, which permanently closed in May 2020 due to the pandemic, to grow a new digital brand.
  • Mondelez has agreed to buy paleo chocolate bar maker Hu Master Holdings, in a deal that values Hu at around $340M, to tap into the growing demand for healthier snacks.


New in Funding

  • 🦾 Flexiv has raised over $100M series B funding to continue development of its ‘adaptive robots’ which closely imitate human dexterity and adaptability to changing environments, allowing them to be used for repetitive yet complex tasks across multiple industries, including food and agriculture.
  • 💨 Fermentation technology experts Air Protein raised $32M to develop a meat alternative out of thin air, which is innovative, highly nutritious and environmentally-friendly.
  • 🍺 Indian craft beer brand Bira 91 secured $30M from Japan’s Kirin Holdings, which is its first investment venture in the country, enabling the beer brand to expand its production capacity and enter new markets.
Bira 91's CEO, Ankur Jain

  • 🗑 Denmark-based surplus food marketplace Too Good To Go raised €25.7M to expand its waste-fighting operations in the US. Consumers can access food which would have otherwise been wasted by hotels and restaurants at heavily discounted prices through its app or website.
  • 🍤 New Wave Foods closed an $18M funding round to scale up production of its plant-based seafood products and launch them into food service, with its first shipment to a food service distributor later this month.
  • 🚛 San Francisco-based organic plant-centred meal delivery service Thistle raised $10.3M series B funding to expand its market position and customer base through 2021.
  • 🐷 Australian cellular agtech startup Vow Foods raised $6M to focus development on its cultivated meat products which include pork and kangaroo as well as rabbit, mice and even alpaca.
Vow Foods's cofounders Tim Noakesmith and George Peppou

  • 🍪 Black female-founded allergy-friendly cookie brand Partake Foods raised $4.8M, and more than 50% of its total funding to date has come from Black investors, including Jay-Z and Rihanna, who made her first investment beyond personal ventures.
  • 🧫 Chinese cultivated meat startup Joes Future Foods raised 20M RMB ($3M) from angel investment to accelerate R&D of its cell-based minced pork product, which is China’s first.
  • 🍞 Detroit keto bread maker Uprising secured $1.25M to expand its retail presence and subscription-based delivery service of its signature loaf, which it describes as one which “works like a supplement, looks like a perfectly square loaf of bread, and yet tastes like sourdough’’.
  • 🌳 Amsterdam-based reNature raised €550k seed funding to scale its regenerative agroforestry activity, and has its sight set on series A funding later this year in line with its rapid expansion.
  • 🚴‍♀️ Tribal Sports Nutrition secured £421k through Crowdcube fundraising, after hitting its original £250k target in just four days, to fund new product development within its range of 100% natural and organic sports food products.
  • 🍽 Spanish startup Novameat received €250k from its government to ramp up production of its 3D-printed whole cuts of meat, and announced its partnership with two-Michelin star restaurant Disfrutar, ranked number 9 in the world.


Mergers & Acquisitions:

  • Flavour giant McCormick & Co purchased natural flavourings company FONA International for $710M, to expand its reach into performance nutrition and health & wellness categories.
  • LIVEKINDLY Collective is on track to become one of the world’s largest plant-based food companies, and has added No Meat, Iceland Foods’ vegan meat alternative company, to its portfolio for an undisclosed amount.
  • Digital kitchen platform C3 acquired Specialty’s Cafe & Bakery chain, which permanently closed in May 2020 due to the pandemic, to grow a new digital brand.
  • Mondelez has agreed to buy paleo chocolate bar maker Hu Master Holdings, in a deal that values Hu at around $340M, to tap into the growing demand for healthier snacks.