New in Funding: from Equilibrium Capital $1 billion Agricultural Fund to Meati Foods $50M series B for fungi-based meats

New in Funding: from Equilibrium Capital $1 billion Agricultural Fund to Meati Foods $50M series B for fungi-based meats

By
Nicola Spalding
July 9, 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.


🥬 Equilibrium Capital closed its second indoor agriculture fund at just over $1 billion, doubling its $500M target. The Controlled Environment Foods Fund II will invest in high-tech greenhouses, vertical farms, alternative proteins, aquaculture and more.

🍴 Dubai-based cloud kitchen startup Kitopi raised $415M series C funding and hit unicorn status. It plans to expand further into the Middle East and broach new markets, including Southeast Asia.

🍖 Israeli cultured meat startup Aleph Farms secured $105M series B funding, one of the largest financing rounds for a cell-based meat company. The firm plans to scale up its manufacturing and expand its product lines and technology ahead of an initial market launch next year.

Source: Aleph Farms

🍛 C3 (Creating Culinary Communities) raised $80M series B funding to expand its virtual food hall concept. It plans to open CITIZENS food halls in mixed-use retail and hospitality spaces, as brick-and-mortar versions of its virtual food hall.

🍄 Meati Foods closed a $50M series B funding round for its fungi-based whole cut meat alternatives, made via fermentation. At scale, the startup’s patented process can produce the meat equivalent to 4,500 cows every 24 hours.

Source: Meati Foods

🛍 Cairo-based MaxAB, self-described as “the Amazon for retail in the Middle East” raised $40M series A funding. Its delivery network serves traditional food and grocery retailers across Egypt, and it claims to have launched in a new city every month this year.

👨‍🌾 Agrando secured €12M series A funding in Europe’s biggest farmer marketplace series A round to date. The German startup aims to connect stakeholders in the agriculture value chain to help them “make better decisions and become more profitable.

🧬 French biotech Micropep Technologies closed €8.5M series A funding for its peptide-based biological inputs for farms, designed to enhance plant traits without altering their DNA, circumventing issues with GMO.

Source: Micropep

🍎 Swiss agtech firm AgroSustain raised CHF 4.8M series A funding for its sustainable crop development solutions which extend the life of fresh fruits, vegetables and flowers by up to one month, reducing the need for plastic packaging and allow sea shipping instead of air freight, which reduces costs.

🧘‍♂️ Buddha Brands raised $3M for its better-for-you plant-based foods, having launched its Hungry Buddha Keto Bars into more than 1,500 retailers in the US market last year.

🌱German venture capital firm Katjes Greenfood, which invests only in vegetarian and sustainable foods, has launched a crowdfunding campaign with a target of €3M, giving consumers a chance to invest in its startups.

🍔 London-based vegan QSR Ready Burger closed £2M in an oversubscribed crowdfunding campaign, having reached its original £1.5M target in a few hours, to grow its business and open new outlets in London and beyond.

Source: Ready Burger

🛵 Swedish delivery startup Vembla raised SEK 13M (approx $1.5M) in an oversubscribed bridge financing round. It plans to open 15 dark stores by the end of 2022, and bring its delivery time down to 10 minutes.

🥛 Dutch startup Time-travelling Milkman secured €550k to develop plant-based fat ingredients for dairy alternatives. It uses European seeds and water to create fats with a creamy mouthfeel that are both healthy and sustainable.

Source: Time-travelling Milkman

🤖 German startup DaVinci Kitchen raised more than €500,000 through equity crowdfunding for its autonomous robotic pasta kiosk, which can make forty meals per hour.

🔎 P&P Optica secured an undisclosed amount of series B funding for its food safety inspection technology. It uses hyperspectral imaging to gather quality data, and the system can learn over time from what it sees to detect contaminants earlier.

 


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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.


🥬 Equilibrium Capital closed its second indoor agriculture fund at just over $1 billion, doubling its $500M target. The Controlled Environment Foods Fund II will invest in high-tech greenhouses, vertical farms, alternative proteins, aquaculture and more.

🍴 Dubai-based cloud kitchen startup Kitopi raised $415M series C funding and hit unicorn status. It plans to expand further into the Middle East and broach new markets, including Southeast Asia.

🍖 Israeli cultured meat startup Aleph Farms secured $105M series B funding, one of the largest financing rounds for a cell-based meat company. The firm plans to scale up its manufacturing and expand its product lines and technology ahead of an initial market launch next year.

Source: Aleph Farms

🍛 C3 (Creating Culinary Communities) raised $80M series B funding to expand its virtual food hall concept. It plans to open CITIZENS food halls in mixed-use retail and hospitality spaces, as brick-and-mortar versions of its virtual food hall.

🍄 Meati Foods closed a $50M series B funding round for its fungi-based whole cut meat alternatives, made via fermentation. At scale, the startup’s patented process can produce the meat equivalent to 4,500 cows every 24 hours.

Source: Meati Foods

🛍 Cairo-based MaxAB, self-described as “the Amazon for retail in the Middle East” raised $40M series A funding. Its delivery network serves traditional food and grocery retailers across Egypt, and it claims to have launched in a new city every month this year.

👨‍🌾 Agrando secured €12M series A funding in Europe’s biggest farmer marketplace series A round to date. The German startup aims to connect stakeholders in the agriculture value chain to help them “make better decisions and become more profitable.

🧬 French biotech Micropep Technologies closed €8.5M series A funding for its peptide-based biological inputs for farms, designed to enhance plant traits without altering their DNA, circumventing issues with GMO.

Source: Micropep

🍎 Swiss agtech firm AgroSustain raised CHF 4.8M series A funding for its sustainable crop development solutions which extend the life of fresh fruits, vegetables and flowers by up to one month, reducing the need for plastic packaging and allow sea shipping instead of air freight, which reduces costs.

🧘‍♂️ Buddha Brands raised $3M for its better-for-you plant-based foods, having launched its Hungry Buddha Keto Bars into more than 1,500 retailers in the US market last year.

🌱German venture capital firm Katjes Greenfood, which invests only in vegetarian and sustainable foods, has launched a crowdfunding campaign with a target of €3M, giving consumers a chance to invest in its startups.

🍔 London-based vegan QSR Ready Burger closed £2M in an oversubscribed crowdfunding campaign, having reached its original £1.5M target in a few hours, to grow its business and open new outlets in London and beyond.

Source: Ready Burger

🛵 Swedish delivery startup Vembla raised SEK 13M (approx $1.5M) in an oversubscribed bridge financing round. It plans to open 15 dark stores by the end of 2022, and bring its delivery time down to 10 minutes.

🥛 Dutch startup Time-travelling Milkman secured €550k to develop plant-based fat ingredients for dairy alternatives. It uses European seeds and water to create fats with a creamy mouthfeel that are both healthy and sustainable.

Source: Time-travelling Milkman

🤖 German startup DaVinci Kitchen raised more than €500,000 through equity crowdfunding for its autonomous robotic pasta kiosk, which can make forty meals per hour.

🔎 P&P Optica secured an undisclosed amount of series B funding for its food safety inspection technology. It uses hyperspectral imaging to gather quality data, and the system can learn over time from what it sees to detect contaminants earlier.

 


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


🥬 Equilibrium Capital closed its second indoor agriculture fund at just over $1 billion, doubling its $500M target. The Controlled Environment Foods Fund II will invest in high-tech greenhouses, vertical farms, alternative proteins, aquaculture and more.

🍴 Dubai-based cloud kitchen startup Kitopi raised $415M series C funding and hit unicorn status. It plans to expand further into the Middle East and broach new markets, including Southeast Asia.

🍖 Israeli cultured meat startup Aleph Farms secured $105M series B funding, one of the largest financing rounds for a cell-based meat company. The firm plans to scale up its manufacturing and expand its product lines and technology ahead of an initial market launch next year.

Source: Aleph Farms

🍛 C3 (Creating Culinary Communities) raised $80M series B funding to expand its virtual food hall concept. It plans to open CITIZENS food halls in mixed-use retail and hospitality spaces, as brick-and-mortar versions of its virtual food hall.

🍄 Meati Foods closed a $50M series B funding round for its fungi-based whole cut meat alternatives, made via fermentation. At scale, the startup’s patented process can produce the meat equivalent to 4,500 cows every 24 hours.

Source: Meati Foods

🛍 Cairo-based MaxAB, self-described as “the Amazon for retail in the Middle East” raised $40M series A funding. Its delivery network serves traditional food and grocery retailers across Egypt, and it claims to have launched in a new city every month this year.

👨‍🌾 Agrando secured €12M series A funding in Europe’s biggest farmer marketplace series A round to date. The German startup aims to connect stakeholders in the agriculture value chain to help them “make better decisions and become more profitable.

🧬 French biotech Micropep Technologies closed €8.5M series A funding for its peptide-based biological inputs for farms, designed to enhance plant traits without altering their DNA, circumventing issues with GMO.

Source: Micropep

🍎 Swiss agtech firm AgroSustain raised CHF 4.8M series A funding for its sustainable crop development solutions which extend the life of fresh fruits, vegetables and flowers by up to one month, reducing the need for plastic packaging and allow sea shipping instead of air freight, which reduces costs.

🧘‍♂️ Buddha Brands raised $3M for its better-for-you plant-based foods, having launched its Hungry Buddha Keto Bars into more than 1,500 retailers in the US market last year.

🌱German venture capital firm Katjes Greenfood, which invests only in vegetarian and sustainable foods, has launched a crowdfunding campaign with a target of €3M, giving consumers a chance to invest in its startups.

🍔 London-based vegan QSR Ready Burger closed £2M in an oversubscribed crowdfunding campaign, having reached its original £1.5M target in a few hours, to grow its business and open new outlets in London and beyond.

Source: Ready Burger

🛵 Swedish delivery startup Vembla raised SEK 13M (approx $1.5M) in an oversubscribed bridge financing round. It plans to open 15 dark stores by the end of 2022, and bring its delivery time down to 10 minutes.

🥛 Dutch startup Time-travelling Milkman secured €550k to develop plant-based fat ingredients for dairy alternatives. It uses European seeds and water to create fats with a creamy mouthfeel that are both healthy and sustainable.

Source: Time-travelling Milkman

🤖 German startup DaVinci Kitchen raised more than €500,000 through equity crowdfunding for its autonomous robotic pasta kiosk, which can make forty meals per hour.

🔎 P&P Optica secured an undisclosed amount of series B funding for its food safety inspection technology. It uses hyperspectral imaging to gather quality data, and the system can learn over time from what it sees to detect contaminants earlier.

 


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


🥬 Equilibrium Capital closed its second indoor agriculture fund at just over $1 billion, doubling its $500M target. The Controlled Environment Foods Fund II will invest in high-tech greenhouses, vertical farms, alternative proteins, aquaculture and more.

🍴 Dubai-based cloud kitchen startup Kitopi raised $415M series C funding and hit unicorn status. It plans to expand further into the Middle East and broach new markets, including Southeast Asia.

🍖 Israeli cultured meat startup Aleph Farms secured $105M series B funding, one of the largest financing rounds for a cell-based meat company. The firm plans to scale up its manufacturing and expand its product lines and technology ahead of an initial market launch next year.

Source: Aleph Farms

🍛 C3 (Creating Culinary Communities) raised $80M series B funding to expand its virtual food hall concept. It plans to open CITIZENS food halls in mixed-use retail and hospitality spaces, as brick-and-mortar versions of its virtual food hall.

🍄 Meati Foods closed a $50M series B funding round for its fungi-based whole cut meat alternatives, made via fermentation. At scale, the startup’s patented process can produce the meat equivalent to 4,500 cows every 24 hours.

Source: Meati Foods

🛍 Cairo-based MaxAB, self-described as “the Amazon for retail in the Middle East” raised $40M series A funding. Its delivery network serves traditional food and grocery retailers across Egypt, and it claims to have launched in a new city every month this year.

👨‍🌾 Agrando secured €12M series A funding in Europe’s biggest farmer marketplace series A round to date. The German startup aims to connect stakeholders in the agriculture value chain to help them “make better decisions and become more profitable.

🧬 French biotech Micropep Technologies closed €8.5M series A funding for its peptide-based biological inputs for farms, designed to enhance plant traits without altering their DNA, circumventing issues with GMO.

Source: Micropep

🍎 Swiss agtech firm AgroSustain raised CHF 4.8M series A funding for its sustainable crop development solutions which extend the life of fresh fruits, vegetables and flowers by up to one month, reducing the need for plastic packaging and allow sea shipping instead of air freight, which reduces costs.

🧘‍♂️ Buddha Brands raised $3M for its better-for-you plant-based foods, having launched its Hungry Buddha Keto Bars into more than 1,500 retailers in the US market last year.

🌱German venture capital firm Katjes Greenfood, which invests only in vegetarian and sustainable foods, has launched a crowdfunding campaign with a target of €3M, giving consumers a chance to invest in its startups.

🍔 London-based vegan QSR Ready Burger closed £2M in an oversubscribed crowdfunding campaign, having reached its original £1.5M target in a few hours, to grow its business and open new outlets in London and beyond.

Source: Ready Burger

🛵 Swedish delivery startup Vembla raised SEK 13M (approx $1.5M) in an oversubscribed bridge financing round. It plans to open 15 dark stores by the end of 2022, and bring its delivery time down to 10 minutes.

🥛 Dutch startup Time-travelling Milkman secured €550k to develop plant-based fat ingredients for dairy alternatives. It uses European seeds and water to create fats with a creamy mouthfeel that are both healthy and sustainable.

Source: Time-travelling Milkman

🤖 German startup DaVinci Kitchen raised more than €500,000 through equity crowdfunding for its autonomous robotic pasta kiosk, which can make forty meals per hour.

🔎 P&P Optica secured an undisclosed amount of series B funding for its food safety inspection technology. It uses hyperspectral imaging to gather quality data, and the system can learn over time from what it sees to detect contaminants earlier.

 


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