New in Funding: NiceTuan $196M C-round and the growing demand for fresh and traceable farm-grown products in China

New in Funding: NiceTuan $196M C-round and the growing demand for fresh and traceable farm-grown products in China

By
Nicola Spalding
December 4, 2020

Fundraising for your food, beverage, foodtech startup? Fill out the form & upload your deck to get in front of 100+ top investors in this space. Next Deadline: Friday 18th December.

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New in Funding


🌾 Nice Tuan
secured $196M in a series C round, bringing its total funding to $450M for the year. It plans to expand its community buying platform for farm produce and groceries, which is a growing concept in China as consumers demand fresh and traceable farm-grown food products.


🐼 London-based HungryPanda raised $70M to expand its food delivery service which caters to Chinese communities overseas. The app and website are entirely in Mandarin to overcome difficulties with language barriers, and they connect consumers with Chinese restaurants, supermarkets and other food outlets.

Source: Hungry Panda


🦾 London-based food robotics firm Karakuri raised £6.5M in new funding, bringing its total to £13.5M, and unveiled its DK-One meal assembly robot which is designed for use in QSRs, catering companies and grocery retailers.


🐟 Hong Kong cell-based food tech Avant Meats secured $3.1M to scale up its commercialisation plans for its cultivated fish in 2021.


🥗 Nutrition and wellness startup Wellory raised $4.5M for its ‘anti-dieting’ app which matches users with coaches tailored to their specific dietary and lifestyle needs.


☁️ Solar Foods has been granted $4.3M from Business Finland to support commercialisation of its natural protein product, Solein, which is made out of thin air and is a world first.

Source: Solar Foods


🌱 California-based hemp beverage brand Unity Wellness Co. secured $1.25M from angel investors and aims to disrupt the hemp and cannabis market with its ‘nutrient rich’ product range.


🐛 Insect protein startup Tebrito raised €800,000 to scale up production of its 88% protein rich ingredient made from mealworms.


🍄 Shark Tank personality and entrepreneur Mark Cuban invested $300k in vegan mushroom jerky brand Pan’s Mushroom Jerky to expand its product range and retail distribution.


🚛 San Francisco food delivery service DoorDash launched its IPO and is aiming for a valuation of $25Bn to $38Bn, having seen significant growth in 2020 due to the effects of Covid dining.


Mergers & Acquisitions 

🍭 Tate & Lyle has acquired stevia solutions business Sweet Green Fields for an undisclosed sum, in order to strengthen its sweetener portfolio and expand its presence in the Asia Pacific region with dedicated facilities in China.

🧁 Kind Snacks acquired Nature’s Bakery for an undisclosed sum, to help Mars, its owner, to expand its health and wellness business in better-for-you snacks.

Become a FoodHack+ member to get unlimited access

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

Fundraising for your food, beverage, foodtech startup? Fill out the form & upload your deck to get in front of 100+ top investors in this space. Next Deadline: Friday 18th December.

--------

New in Funding


🌾 Nice Tuan
secured $196M in a series C round, bringing its total funding to $450M for the year. It plans to expand its community buying platform for farm produce and groceries, which is a growing concept in China as consumers demand fresh and traceable farm-grown food products.


🐼 London-based HungryPanda raised $70M to expand its food delivery service which caters to Chinese communities overseas. The app and website are entirely in Mandarin to overcome difficulties with language barriers, and they connect consumers with Chinese restaurants, supermarkets and other food outlets.

Source: Hungry Panda


🦾 London-based food robotics firm Karakuri raised £6.5M in new funding, bringing its total to £13.5M, and unveiled its DK-One meal assembly robot which is designed for use in QSRs, catering companies and grocery retailers.


🐟 Hong Kong cell-based food tech Avant Meats secured $3.1M to scale up its commercialisation plans for its cultivated fish in 2021.


🥗 Nutrition and wellness startup Wellory raised $4.5M for its ‘anti-dieting’ app which matches users with coaches tailored to their specific dietary and lifestyle needs.


☁️ Solar Foods has been granted $4.3M from Business Finland to support commercialisation of its natural protein product, Solein, which is made out of thin air and is a world first.

Source: Solar Foods


🌱 California-based hemp beverage brand Unity Wellness Co. secured $1.25M from angel investors and aims to disrupt the hemp and cannabis market with its ‘nutrient rich’ product range.


🐛 Insect protein startup Tebrito raised €800,000 to scale up production of its 88% protein rich ingredient made from mealworms.


🍄 Shark Tank personality and entrepreneur Mark Cuban invested $300k in vegan mushroom jerky brand Pan’s Mushroom Jerky to expand its product range and retail distribution.


🚛 San Francisco food delivery service DoorDash launched its IPO and is aiming for a valuation of $25Bn to $38Bn, having seen significant growth in 2020 due to the effects of Covid dining.


Mergers & Acquisitions 

🍭 Tate & Lyle has acquired stevia solutions business Sweet Green Fields for an undisclosed sum, in order to strengthen its sweetener portfolio and expand its presence in the Asia Pacific region with dedicated facilities in China.

🧁 Kind Snacks acquired Nature’s Bakery for an undisclosed sum, to help Mars, its owner, to expand its health and wellness business in better-for-you snacks.

Become a FoodHack+ member to get unlimited access

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

Fundraising for your food, beverage, foodtech startup? Fill out the form & upload your deck to get in front of 100+ top investors in this space. Next Deadline: Friday 18th December.

--------

New in Funding


🌾 Nice Tuan
secured $196M in a series C round, bringing its total funding to $450M for the year. It plans to expand its community buying platform for farm produce and groceries, which is a growing concept in China as consumers demand fresh and traceable farm-grown food products.


🐼 London-based HungryPanda raised $70M to expand its food delivery service which caters to Chinese communities overseas. The app and website are entirely in Mandarin to overcome difficulties with language barriers, and they connect consumers with Chinese restaurants, supermarkets and other food outlets.

Source: Hungry Panda


🦾 London-based food robotics firm Karakuri raised £6.5M in new funding, bringing its total to £13.5M, and unveiled its DK-One meal assembly robot which is designed for use in QSRs, catering companies and grocery retailers.


🐟 Hong Kong cell-based food tech Avant Meats secured $3.1M to scale up its commercialisation plans for its cultivated fish in 2021.


🥗 Nutrition and wellness startup Wellory raised $4.5M for its ‘anti-dieting’ app which matches users with coaches tailored to their specific dietary and lifestyle needs.


☁️ Solar Foods has been granted $4.3M from Business Finland to support commercialisation of its natural protein product, Solein, which is made out of thin air and is a world first.

Source: Solar Foods


🌱 California-based hemp beverage brand Unity Wellness Co. secured $1.25M from angel investors and aims to disrupt the hemp and cannabis market with its ‘nutrient rich’ product range.


🐛 Insect protein startup Tebrito raised €800,000 to scale up production of its 88% protein rich ingredient made from mealworms.


🍄 Shark Tank personality and entrepreneur Mark Cuban invested $300k in vegan mushroom jerky brand Pan’s Mushroom Jerky to expand its product range and retail distribution.


🚛 San Francisco food delivery service DoorDash launched its IPO and is aiming for a valuation of $25Bn to $38Bn, having seen significant growth in 2020 due to the effects of Covid dining.


Mergers & Acquisitions 

🍭 Tate & Lyle has acquired stevia solutions business Sweet Green Fields for an undisclosed sum, in order to strengthen its sweetener portfolio and expand its presence in the Asia Pacific region with dedicated facilities in China.

🧁 Kind Snacks acquired Nature’s Bakery for an undisclosed sum, to help Mars, its owner, to expand its health and wellness business in better-for-you snacks.

Fundraising for your food, beverage, foodtech startup? Fill out the form & upload your deck to get in front of 100+ top investors in this space. Next Deadline: Friday 18th December.

--------

New in Funding


🌾 Nice Tuan
secured $196M in a series C round, bringing its total funding to $450M for the year. It plans to expand its community buying platform for farm produce and groceries, which is a growing concept in China as consumers demand fresh and traceable farm-grown food products.


🐼 London-based HungryPanda raised $70M to expand its food delivery service which caters to Chinese communities overseas. The app and website are entirely in Mandarin to overcome difficulties with language barriers, and they connect consumers with Chinese restaurants, supermarkets and other food outlets.

Source: Hungry Panda


🦾 London-based food robotics firm Karakuri raised £6.5M in new funding, bringing its total to £13.5M, and unveiled its DK-One meal assembly robot which is designed for use in QSRs, catering companies and grocery retailers.


🐟 Hong Kong cell-based food tech Avant Meats secured $3.1M to scale up its commercialisation plans for its cultivated fish in 2021.


🥗 Nutrition and wellness startup Wellory raised $4.5M for its ‘anti-dieting’ app which matches users with coaches tailored to their specific dietary and lifestyle needs.


☁️ Solar Foods has been granted $4.3M from Business Finland to support commercialisation of its natural protein product, Solein, which is made out of thin air and is a world first.

Source: Solar Foods


🌱 California-based hemp beverage brand Unity Wellness Co. secured $1.25M from angel investors and aims to disrupt the hemp and cannabis market with its ‘nutrient rich’ product range.


🐛 Insect protein startup Tebrito raised €800,000 to scale up production of its 88% protein rich ingredient made from mealworms.


🍄 Shark Tank personality and entrepreneur Mark Cuban invested $300k in vegan mushroom jerky brand Pan’s Mushroom Jerky to expand its product range and retail distribution.


🚛 San Francisco food delivery service DoorDash launched its IPO and is aiming for a valuation of $25Bn to $38Bn, having seen significant growth in 2020 due to the effects of Covid dining.


Mergers & Acquisitions 

🍭 Tate & Lyle has acquired stevia solutions business Sweet Green Fields for an undisclosed sum, in order to strengthen its sweetener portfolio and expand its presence in the Asia Pacific region with dedicated facilities in China.

🧁 Kind Snacks acquired Nature’s Bakery for an undisclosed sum, to help Mars, its owner, to expand its health and wellness business in better-for-you snacks.