New in Funding: From personalised nutrition to Tinder for sustainable food & drink

New in Funding: From personalised nutrition to Tinder for sustainable food & drink

By
Nicola Spalding
May 7, 2021

🙇‍♂️Personalised nutrition app Zoe closed out its Series B funding at $53M for its home testing kit which enables users to learn how their body responds to different foods and access tailored nutritional advice.


🌱Big Idea Ventures has hit the $50M final close of its new alternative protein fund, with oversubscribed commitment from new investor 


💸Global accelerator-VC Rockstart closed its agrifood fund at €22M, exceeding its initial target. The raise will allow it to continue to invest in top Agritech and Foodtech startups.


🛸Precision AI secured $20M seed funding for its AI-powered drone technology which allows for precise application of herbicides and pesticides on weeds, reducing waste and cost when compared to conventional broad chemical application.


☁️🍽Indonesian cloud kitchen startup Hangry raised $13M series A funding to expand its local operations over the next two years before entering other countries. Instead of providing kitchen facilities for restaurants and third parties, Hangry focuses on its four own brands.


🚚Hwy Haul closed a $10M series A round, bringing its total funding to date to $15.6M. It’s cloud-based freight platform automates the produce shipment process in order to reduce costs and food waste.


🍸Sydney-based non-alcoholic spirits brand Lyre’s secured $9M in a seed-plus round and hit a $179M valuation just two years after launching. It’s currently averaging entry into a new market every week and has a portfolio of 13 non-alcoholic spirits which can be used to make 90% of the world’s best-selling cocktails.

Source: Copper Cow Coffee


☕️Copper Cow Coffee closed a $8.5M series A funding round to expand production innovation within and distribution of its specialty Vietnamese coffee products, having tripled its revenue since its launch.


🕹Restaurant tech firm Foodetective raised $2M for its platform which integrates and organizes restaurant software and allows it to be run from a single dashboard, simplifying operations.


🐮CubicFarm Systems secured $1.5M for its cattle nutrition solution. In areas where water shortages make fresh forage a challenge, CubicFarm Systems is feeding cows with forage grown on-site in an indoor farming setup. 


🤝UK-based cleantech Greener, described as the ‘Tinder for sustainable food and drink SMEs’, secured £142k to support taking its algorithmic matchmaking platform live and advance its mission of making sustainability accessible and affordable for small businesses.



Mergers & Acquisitions

  • 🧃Britvic has acquired British plant-based drinks firm Plenish for an undisclosed sum, in line with its mission to access new spaces in the beverage sector and capitalise on ‘high growth’ trends.
  • 🍿Laird Superfood, Inc. is acquiring healthy snack firm Picky Bars for $12M, in line with its strategic goal to include innovative daily-use products across its omnichannel platform.
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🙇‍♂️Personalised nutrition app Zoe closed out its Series B funding at $53M for its home testing kit which enables users to learn how their body responds to different foods and access tailored nutritional advice.


🌱Big Idea Ventures has hit the $50M final close of its new alternative protein fund, with oversubscribed commitment from new investor 


💸Global accelerator-VC Rockstart closed its agrifood fund at €22M, exceeding its initial target. The raise will allow it to continue to invest in top Agritech and Foodtech startups.


🛸Precision AI secured $20M seed funding for its AI-powered drone technology which allows for precise application of herbicides and pesticides on weeds, reducing waste and cost when compared to conventional broad chemical application.


☁️🍽Indonesian cloud kitchen startup Hangry raised $13M series A funding to expand its local operations over the next two years before entering other countries. Instead of providing kitchen facilities for restaurants and third parties, Hangry focuses on its four own brands.


🚚Hwy Haul closed a $10M series A round, bringing its total funding to date to $15.6M. It’s cloud-based freight platform automates the produce shipment process in order to reduce costs and food waste.


🍸Sydney-based non-alcoholic spirits brand Lyre’s secured $9M in a seed-plus round and hit a $179M valuation just two years after launching. It’s currently averaging entry into a new market every week and has a portfolio of 13 non-alcoholic spirits which can be used to make 90% of the world’s best-selling cocktails.

Source: Copper Cow Coffee


☕️Copper Cow Coffee closed a $8.5M series A funding round to expand production innovation within and distribution of its specialty Vietnamese coffee products, having tripled its revenue since its launch.


🕹Restaurant tech firm Foodetective raised $2M for its platform which integrates and organizes restaurant software and allows it to be run from a single dashboard, simplifying operations.


🐮CubicFarm Systems secured $1.5M for its cattle nutrition solution. In areas where water shortages make fresh forage a challenge, CubicFarm Systems is feeding cows with forage grown on-site in an indoor farming setup. 


🤝UK-based cleantech Greener, described as the ‘Tinder for sustainable food and drink SMEs’, secured £142k to support taking its algorithmic matchmaking platform live and advance its mission of making sustainability accessible and affordable for small businesses.



Mergers & Acquisitions

  • 🧃Britvic has acquired British plant-based drinks firm Plenish for an undisclosed sum, in line with its mission to access new spaces in the beverage sector and capitalise on ‘high growth’ trends.
  • 🍿Laird Superfood, Inc. is acquiring healthy snack firm Picky Bars for $12M, in line with its strategic goal to include innovative daily-use products across its omnichannel platform.

🙇‍♂️Personalised nutrition app Zoe closed out its Series B funding at $53M for its home testing kit which enables users to learn how their body responds to different foods and access tailored nutritional advice.


🌱Big Idea Ventures has hit the $50M final close of its new alternative protein fund, with oversubscribed commitment from new investor 


💸Global accelerator-VC Rockstart closed its agrifood fund at €22M, exceeding its initial target. The raise will allow it to continue to invest in top Agritech and Foodtech startups.


🛸Precision AI secured $20M seed funding for its AI-powered drone technology which allows for precise application of herbicides and pesticides on weeds, reducing waste and cost when compared to conventional broad chemical application.


☁️🍽Indonesian cloud kitchen startup Hangry raised $13M series A funding to expand its local operations over the next two years before entering other countries. Instead of providing kitchen facilities for restaurants and third parties, Hangry focuses on its four own brands.


🚚Hwy Haul closed a $10M series A round, bringing its total funding to date to $15.6M. It’s cloud-based freight platform automates the produce shipment process in order to reduce costs and food waste.


🍸Sydney-based non-alcoholic spirits brand Lyre’s secured $9M in a seed-plus round and hit a $179M valuation just two years after launching. It’s currently averaging entry into a new market every week and has a portfolio of 13 non-alcoholic spirits which can be used to make 90% of the world’s best-selling cocktails.

Source: Copper Cow Coffee


☕️Copper Cow Coffee closed a $8.5M series A funding round to expand production innovation within and distribution of its specialty Vietnamese coffee products, having tripled its revenue since its launch.


🕹Restaurant tech firm Foodetective raised $2M for its platform which integrates and organizes restaurant software and allows it to be run from a single dashboard, simplifying operations.


🐮CubicFarm Systems secured $1.5M for its cattle nutrition solution. In areas where water shortages make fresh forage a challenge, CubicFarm Systems is feeding cows with forage grown on-site in an indoor farming setup. 


🤝UK-based cleantech Greener, described as the ‘Tinder for sustainable food and drink SMEs’, secured £142k to support taking its algorithmic matchmaking platform live and advance its mission of making sustainability accessible and affordable for small businesses.



Mergers & Acquisitions

  • 🧃Britvic has acquired British plant-based drinks firm Plenish for an undisclosed sum, in line with its mission to access new spaces in the beverage sector and capitalise on ‘high growth’ trends.
  • 🍿Laird Superfood, Inc. is acquiring healthy snack firm Picky Bars for $12M, in line with its strategic goal to include innovative daily-use products across its omnichannel platform.

🙇‍♂️Personalised nutrition app Zoe closed out its Series B funding at $53M for its home testing kit which enables users to learn how their body responds to different foods and access tailored nutritional advice.


🌱Big Idea Ventures has hit the $50M final close of its new alternative protein fund, with oversubscribed commitment from new investor 


💸Global accelerator-VC Rockstart closed its agrifood fund at €22M, exceeding its initial target. The raise will allow it to continue to invest in top Agritech and Foodtech startups.


🛸Precision AI secured $20M seed funding for its AI-powered drone technology which allows for precise application of herbicides and pesticides on weeds, reducing waste and cost when compared to conventional broad chemical application.


☁️🍽Indonesian cloud kitchen startup Hangry raised $13M series A funding to expand its local operations over the next two years before entering other countries. Instead of providing kitchen facilities for restaurants and third parties, Hangry focuses on its four own brands.


🚚Hwy Haul closed a $10M series A round, bringing its total funding to date to $15.6M. It’s cloud-based freight platform automates the produce shipment process in order to reduce costs and food waste.


🍸Sydney-based non-alcoholic spirits brand Lyre’s secured $9M in a seed-plus round and hit a $179M valuation just two years after launching. It’s currently averaging entry into a new market every week and has a portfolio of 13 non-alcoholic spirits which can be used to make 90% of the world’s best-selling cocktails.

Source: Copper Cow Coffee


☕️Copper Cow Coffee closed a $8.5M series A funding round to expand production innovation within and distribution of its specialty Vietnamese coffee products, having tripled its revenue since its launch.


🕹Restaurant tech firm Foodetective raised $2M for its platform which integrates and organizes restaurant software and allows it to be run from a single dashboard, simplifying operations.


🐮CubicFarm Systems secured $1.5M for its cattle nutrition solution. In areas where water shortages make fresh forage a challenge, CubicFarm Systems is feeding cows with forage grown on-site in an indoor farming setup. 


🤝UK-based cleantech Greener, described as the ‘Tinder for sustainable food and drink SMEs’, secured £142k to support taking its algorithmic matchmaking platform live and advance its mission of making sustainability accessible and affordable for small businesses.



Mergers & Acquisitions

  • 🧃Britvic has acquired British plant-based drinks firm Plenish for an undisclosed sum, in line with its mission to access new spaces in the beverage sector and capitalise on ‘high growth’ trends.
  • 🍿Laird Superfood, Inc. is acquiring healthy snack firm Picky Bars for $12M, in line with its strategic goal to include innovative daily-use products across its omnichannel platform.
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