New in Funding: FoodTech keeps investors hungry with 19 new rounds closed since last Monday

New in Funding: FoodTech keeps investors hungry with 19 new rounds closed since last Monday

By
Nicola Spalding
October 30, 2020

Funding is off the charts this week 💸 We tracked 19 new rounds since Monday, clearly the crisis doesn't have investors losing their appetite for the Agrifood sector. Check out who raised in the digest below.

‍

Subscribe to our Weekly News :

‍

New in Funding

  • 🌾 US-based Benson Hill secured $150M in a series D funding round to scale up its crop breeding platform, which combines data science and machine learning with biology and genetics to improve crop productivity and nutrition levels.
    ‍
  • 🍅 Fresh vegetable, fish and meat e-commerce company FreshToHome secured $121M series C funding this week. Based in India, the company already receives around 1.5 million orders per month, and plans to further expand its service nationally and in the Middle East.
    ‍
  • 🍴 Restaurant operation tech company Ordermark landed $120M series C funding to help more restaurants transition to online ordering, alongside the expansion of its own network of delivery-only brands, Nextbite. More in our interview w/ CEO Alex Canter on the future of food servicing.
    ‍
  • 🥓 Alternative protein-focused investment firm Unovis just closed $50M in its second funding round, and plans to make early stage investments in animal-free alternative protein opportunities.
    ‍
  • 🍏 Food waste fighters Apeel announced it has raised $30M to help improve cold chain infrastructures in certain supply regions, so supporting smallholder farms through extended produce life which means they can access higher-value markets.
    ‍
  • 🍄 Colorado-based Meati raised $28M series A funding to further development of its ‘whole cut’ meat alternatives made from mycelium protein, which comes from the root structures of various types of fungi. Mycelium is already widely used in food production, so the company hopes its products can eventually price match with animal-based meats.
    ‍
  • 🌮 Lunchbox announced this week that it closed $20M series A funding. Its technology is an online ordering system for restaurants, which integrates loyalty programs, digital dispatch and a whole host of other features into one platform.
    ‍
  • 🌽 Crop management platform Arable closed $20M series B funding this week, to help it embark on a global expansion, starting with Brazil.
    ‍
  • 🐄 Israel-based Mileutis raised $20M to further develop its solutions to help reduce the use of antibiotics when raising livestock, and so impact antibiotic resistance, without sacrificing animal health or welfare.
    ‍
  • 🥛 The first company in the world to develop a 70% protein concentrate from chickpeas, Innovopro, secured $18M in series B funding, after a $15M raise in April this year. The protein concentrate can be used in a variety of applications as it’s not an allergen, including plant-based yogurts, burgers & energy bars.
    ‍
  • 🚜 California’s PatternAg secured $15M for its crop protection product, which maps the DNA of soil and advises farmers on which crops to treat and where.
    ‍
  • ☕️ Danish startup Kaffe Bueno, which upcycles used coffee grounds into ingredients for a variety of industries, landed $1.3M this week. It plans to launch several new ingredients in the next few years, particularly within functional foods, which is a growing trend.
    ‍
  • 🌿 LA-based THC soda company Cann now has a bunch of celebrity backers, including Gwyneth Paltrow and Rebel Wilson. It’s the fastest-growing THC beverage on the market, but there are plenty of others vying for a slice of alternative intoxicant sales.
    ‍
  • 🥑 San Francisco-based startup The Naked Market secured $6M this week to further expand its portfolio of brands, which already includes snack options AvoCrazy Avocado Puffs and Flock Chicken Chips, both of which I personally can confirm are delicious.
    ‍
  • 🍕The UK’s first vegan pizzeria, Purezza, which has also developed an incredibly realistic vegan mozzarella made from Italian brown rice, closed another funding round his week and brought its total raise to £2.4M.
    ‍
  • 🐟 EniferBio, a new Finnish biotech company, raised €1M seed to ferment bio-based side streams into affordable and radically sustainable fish feed.
    ‍
  • 🍺 Scottish craft brewer Brewdog raised £1M in 48 hours last month, reached its £7.5M crowdfunder target in just six weeks & now aims to raise up to £50M to fund its sustainability projects, including converting waste to energy.
    ‍
  • 🥨 Natural foods snack company Quinn announced it closed a series D funding round which included an investment from The Hershey Company, to support new distribution and product development.

    🥩 Meat-Tech 3D, which was in the news last week for its planned purchase of Peace of Meat, is currently the world’s only publicly-traded cell-based meat company and just started the process for an IPO in the US.

‍

Written by
Nicola Spalding

Nicola is a trends analyst and content writer based in West Yorkshire. She has ten years' experience in UK and international retail, including a stint as a trend and innovation specialist for Morrisons supermarkets. A born foodie who loves words, it made sense for her to start writing about all the exciting things happening in food.

Become a FoodHack+ member to get unlimited access

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

Funding is off the charts this week 💸 We tracked 19 new rounds since Monday, clearly the crisis doesn't have investors losing their appetite for the Agrifood sector. Check out who raised in the digest below.

‍

Subscribe to our Weekly News :

‍

New in Funding

  • 🌾 US-based Benson Hill secured $150M in a series D funding round to scale up its crop breeding platform, which combines data science and machine learning with biology and genetics to improve crop productivity and nutrition levels.
    ‍
  • 🍅 Fresh vegetable, fish and meat e-commerce company FreshToHome secured $121M series C funding this week. Based in India, the company already receives around 1.5 million orders per month, and plans to further expand its service nationally and in the Middle East.
    ‍
  • 🍴 Restaurant operation tech company Ordermark landed $120M series C funding to help more restaurants transition to online ordering, alongside the expansion of its own network of delivery-only brands, Nextbite. More in our interview w/ CEO Alex Canter on the future of food servicing.
    ‍
  • 🥓 Alternative protein-focused investment firm Unovis just closed $50M in its second funding round, and plans to make early stage investments in animal-free alternative protein opportunities.
    ‍
  • 🍏 Food waste fighters Apeel announced it has raised $30M to help improve cold chain infrastructures in certain supply regions, so supporting smallholder farms through extended produce life which means they can access higher-value markets.
    ‍
  • 🍄 Colorado-based Meati raised $28M series A funding to further development of its ‘whole cut’ meat alternatives made from mycelium protein, which comes from the root structures of various types of fungi. Mycelium is already widely used in food production, so the company hopes its products can eventually price match with animal-based meats.
    ‍
  • 🌮 Lunchbox announced this week that it closed $20M series A funding. Its technology is an online ordering system for restaurants, which integrates loyalty programs, digital dispatch and a whole host of other features into one platform.
    ‍
  • 🌽 Crop management platform Arable closed $20M series B funding this week, to help it embark on a global expansion, starting with Brazil.
    ‍
  • 🐄 Israel-based Mileutis raised $20M to further develop its solutions to help reduce the use of antibiotics when raising livestock, and so impact antibiotic resistance, without sacrificing animal health or welfare.
    ‍
  • 🥛 The first company in the world to develop a 70% protein concentrate from chickpeas, Innovopro, secured $18M in series B funding, after a $15M raise in April this year. The protein concentrate can be used in a variety of applications as it’s not an allergen, including plant-based yogurts, burgers & energy bars.
    ‍
  • 🚜 California’s PatternAg secured $15M for its crop protection product, which maps the DNA of soil and advises farmers on which crops to treat and where.
    ‍
  • ☕️ Danish startup Kaffe Bueno, which upcycles used coffee grounds into ingredients for a variety of industries, landed $1.3M this week. It plans to launch several new ingredients in the next few years, particularly within functional foods, which is a growing trend.
    ‍
  • 🌿 LA-based THC soda company Cann now has a bunch of celebrity backers, including Gwyneth Paltrow and Rebel Wilson. It’s the fastest-growing THC beverage on the market, but there are plenty of others vying for a slice of alternative intoxicant sales.
    ‍
  • 🥑 San Francisco-based startup The Naked Market secured $6M this week to further expand its portfolio of brands, which already includes snack options AvoCrazy Avocado Puffs and Flock Chicken Chips, both of which I personally can confirm are delicious.
    ‍
  • 🍕The UK’s first vegan pizzeria, Purezza, which has also developed an incredibly realistic vegan mozzarella made from Italian brown rice, closed another funding round his week and brought its total raise to £2.4M.
    ‍
  • 🐟 EniferBio, a new Finnish biotech company, raised €1M seed to ferment bio-based side streams into affordable and radically sustainable fish feed.
    ‍
  • 🍺 Scottish craft brewer Brewdog raised £1M in 48 hours last month, reached its £7.5M crowdfunder target in just six weeks & now aims to raise up to £50M to fund its sustainability projects, including converting waste to energy.
    ‍
  • 🥨 Natural foods snack company Quinn announced it closed a series D funding round which included an investment from The Hershey Company, to support new distribution and product development.

    🥩 Meat-Tech 3D, which was in the news last week for its planned purchase of Peace of Meat, is currently the world’s only publicly-traded cell-based meat company and just started the process for an IPO in the US.

‍

Become a FoodHack+ member to get unlimited access

  • Access premium publications
  • Get listed on our directory
  • Join a Global Community
UPGRADE NOW
Cancel anytime

Funding is off the charts this week 💸 We tracked 19 new rounds since Monday, clearly the crisis doesn't have investors losing their appetite for the Agrifood sector. Check out who raised in the digest below.

‍

Subscribe to our Weekly News :

‍

New in Funding

  • 🌾 US-based Benson Hill secured $150M in a series D funding round to scale up its crop breeding platform, which combines data science and machine learning with biology and genetics to improve crop productivity and nutrition levels.
    ‍
  • 🍅 Fresh vegetable, fish and meat e-commerce company FreshToHome secured $121M series C funding this week. Based in India, the company already receives around 1.5 million orders per month, and plans to further expand its service nationally and in the Middle East.
    ‍
  • 🍴 Restaurant operation tech company Ordermark landed $120M series C funding to help more restaurants transition to online ordering, alongside the expansion of its own network of delivery-only brands, Nextbite. More in our interview w/ CEO Alex Canter on the future of food servicing.
    ‍
  • 🥓 Alternative protein-focused investment firm Unovis just closed $50M in its second funding round, and plans to make early stage investments in animal-free alternative protein opportunities.
    ‍
  • 🍏 Food waste fighters Apeel announced it has raised $30M to help improve cold chain infrastructures in certain supply regions, so supporting smallholder farms through extended produce life which means they can access higher-value markets.
    ‍
  • 🍄 Colorado-based Meati raised $28M series A funding to further development of its ‘whole cut’ meat alternatives made from mycelium protein, which comes from the root structures of various types of fungi. Mycelium is already widely used in food production, so the company hopes its products can eventually price match with animal-based meats.
    ‍
  • 🌮 Lunchbox announced this week that it closed $20M series A funding. Its technology is an online ordering system for restaurants, which integrates loyalty programs, digital dispatch and a whole host of other features into one platform.
    ‍
  • 🌽 Crop management platform Arable closed $20M series B funding this week, to help it embark on a global expansion, starting with Brazil.
    ‍
  • 🐄 Israel-based Mileutis raised $20M to further develop its solutions to help reduce the use of antibiotics when raising livestock, and so impact antibiotic resistance, without sacrificing animal health or welfare.
    ‍
  • 🥛 The first company in the world to develop a 70% protein concentrate from chickpeas, Innovopro, secured $18M in series B funding, after a $15M raise in April this year. The protein concentrate can be used in a variety of applications as it’s not an allergen, including plant-based yogurts, burgers & energy bars.
    ‍
  • 🚜 California’s PatternAg secured $15M for its crop protection product, which maps the DNA of soil and advises farmers on which crops to treat and where.
    ‍
  • ☕️ Danish startup Kaffe Bueno, which upcycles used coffee grounds into ingredients for a variety of industries, landed $1.3M this week. It plans to launch several new ingredients in the next few years, particularly within functional foods, which is a growing trend.
    ‍
  • 🌿 LA-based THC soda company Cann now has a bunch of celebrity backers, including Gwyneth Paltrow and Rebel Wilson. It’s the fastest-growing THC beverage on the market, but there are plenty of others vying for a slice of alternative intoxicant sales.
    ‍
  • 🥑 San Francisco-based startup The Naked Market secured $6M this week to further expand its portfolio of brands, which already includes snack options AvoCrazy Avocado Puffs and Flock Chicken Chips, both of which I personally can confirm are delicious.
    ‍
  • 🍕The UK’s first vegan pizzeria, Purezza, which has also developed an incredibly realistic vegan mozzarella made from Italian brown rice, closed another funding round his week and brought its total raise to £2.4M.
    ‍
  • 🐟 EniferBio, a new Finnish biotech company, raised €1M seed to ferment bio-based side streams into affordable and radically sustainable fish feed.
    ‍
  • 🍺 Scottish craft brewer Brewdog raised £1M in 48 hours last month, reached its £7.5M crowdfunder target in just six weeks & now aims to raise up to £50M to fund its sustainability projects, including converting waste to energy.
    ‍
  • 🥨 Natural foods snack company Quinn announced it closed a series D funding round which included an investment from The Hershey Company, to support new distribution and product development.

    🥩 Meat-Tech 3D, which was in the news last week for its planned purchase of Peace of Meat, is currently the world’s only publicly-traded cell-based meat company and just started the process for an IPO in the US.

‍

Funding is off the charts this week 💸 We tracked 19 new rounds since Monday, clearly the crisis doesn't have investors losing their appetite for the Agrifood sector. Check out who raised in the digest below.

‍

Subscribe to our Weekly News :

‍

New in Funding

  • 🌾 US-based Benson Hill secured $150M in a series D funding round to scale up its crop breeding platform, which combines data science and machine learning with biology and genetics to improve crop productivity and nutrition levels.
    ‍
  • 🍅 Fresh vegetable, fish and meat e-commerce company FreshToHome secured $121M series C funding this week. Based in India, the company already receives around 1.5 million orders per month, and plans to further expand its service nationally and in the Middle East.
    ‍
  • 🍴 Restaurant operation tech company Ordermark landed $120M series C funding to help more restaurants transition to online ordering, alongside the expansion of its own network of delivery-only brands, Nextbite. More in our interview w/ CEO Alex Canter on the future of food servicing.
    ‍
  • 🥓 Alternative protein-focused investment firm Unovis just closed $50M in its second funding round, and plans to make early stage investments in animal-free alternative protein opportunities.
    ‍
  • 🍏 Food waste fighters Apeel announced it has raised $30M to help improve cold chain infrastructures in certain supply regions, so supporting smallholder farms through extended produce life which means they can access higher-value markets.
    ‍
  • 🍄 Colorado-based Meati raised $28M series A funding to further development of its ‘whole cut’ meat alternatives made from mycelium protein, which comes from the root structures of various types of fungi. Mycelium is already widely used in food production, so the company hopes its products can eventually price match with animal-based meats.
    ‍
  • 🌮 Lunchbox announced this week that it closed $20M series A funding. Its technology is an online ordering system for restaurants, which integrates loyalty programs, digital dispatch and a whole host of other features into one platform.
    ‍
  • 🌽 Crop management platform Arable closed $20M series B funding this week, to help it embark on a global expansion, starting with Brazil.
    ‍
  • 🐄 Israel-based Mileutis raised $20M to further develop its solutions to help reduce the use of antibiotics when raising livestock, and so impact antibiotic resistance, without sacrificing animal health or welfare.
    ‍
  • 🥛 The first company in the world to develop a 70% protein concentrate from chickpeas, Innovopro, secured $18M in series B funding, after a $15M raise in April this year. The protein concentrate can be used in a variety of applications as it’s not an allergen, including plant-based yogurts, burgers & energy bars.
    ‍
  • 🚜 California’s PatternAg secured $15M for its crop protection product, which maps the DNA of soil and advises farmers on which crops to treat and where.
    ‍
  • ☕️ Danish startup Kaffe Bueno, which upcycles used coffee grounds into ingredients for a variety of industries, landed $1.3M this week. It plans to launch several new ingredients in the next few years, particularly within functional foods, which is a growing trend.
    ‍
  • 🌿 LA-based THC soda company Cann now has a bunch of celebrity backers, including Gwyneth Paltrow and Rebel Wilson. It’s the fastest-growing THC beverage on the market, but there are plenty of others vying for a slice of alternative intoxicant sales.
    ‍
  • 🥑 San Francisco-based startup The Naked Market secured $6M this week to further expand its portfolio of brands, which already includes snack options AvoCrazy Avocado Puffs and Flock Chicken Chips, both of which I personally can confirm are delicious.
    ‍
  • 🍕The UK’s first vegan pizzeria, Purezza, which has also developed an incredibly realistic vegan mozzarella made from Italian brown rice, closed another funding round his week and brought its total raise to £2.4M.
    ‍
  • 🐟 EniferBio, a new Finnish biotech company, raised €1M seed to ferment bio-based side streams into affordable and radically sustainable fish feed.
    ‍
  • 🍺 Scottish craft brewer Brewdog raised £1M in 48 hours last month, reached its £7.5M crowdfunder target in just six weeks & now aims to raise up to £50M to fund its sustainability projects, including converting waste to energy.
    ‍
  • 🥨 Natural foods snack company Quinn announced it closed a series D funding round which included an investment from The Hershey Company, to support new distribution and product development.

    🥩 Meat-Tech 3D, which was in the news last week for its planned purchase of Peace of Meat, is currently the world’s only publicly-traded cell-based meat company and just started the process for an IPO in the US.

‍