Plug and Play has accepted 98 startups into its Spring 2021 Batches. Startups have been selected for one of the following programs that run through May: Brand & Retail, Food & Beverage, Media & Advertising, New Materials & Packaging, Supply Chain, or Sustainability.
In recent years, the majority of growth in the food and beverage industry has gone to companies outside the top 20 players, with smaller and more agile brands capitalizing on the demand for personalized products.
A new platform DineSafe, is helping individual restaurants show potential customers the many ways they're keeping customers and employees safe.
New Age Meats (NAM), a cultivated and plant-based meat startup in Berkeley, CA with an initial focus on pork, announced an additional $2 million in Seed extension, adding to funds raised post-Seed announced late last year.
Food Tech Studio - Bites! unveils 85 startups from across the world to participate in its innovation program
Scrum Ventures announced the list of startups chosen to participate in its Food Tech Studio - Bites!, a global program aimed to solve the key challenges plaguing our food supply chain today, including (but not limited to) safety, waste reduction, and health.
Vegano, Canada's first plant-based meal-kit delivery service, is helping Canadians take plant-based living beyond Veganuary. Following its official launch on January 4, 2021, Vegano has delivered over 800 meals.
Bear Flag Robotics announced a $7.9 million seed extension funding round led by True Ventures. The Silicon Valley-based agritech company is developing autonomous technology for farm tractors, which enables growers to increase productivity.
Relevance Ventures, the Native American privately owned and operated venture capital firm, announced that Bryan Hunt, a Chartered Financial Analyst (CFA), is joining the firm as a Senior Investment Manager.
Indian food and grocery e-commerce startup Jumbotail secures $14.2m Series B3 funding from VII Ventures
India's food and grocery e-commerce and new retail platform Jumbotail secured a $14.2 million Series B3 funding from VII Ventures (Seven Ventures).
CookUnity, the Brooklyn-based food-tech company that introduced the first direct Chef-to-Consumer meal subscription platform, announced the closing of a $15.5 million Series A investment round.
Delivery Hero, the world’s delivery platform, has announced the launch of DX Ventures, an independently managed early-stage venture capital fund with a focus on investing in disruptive founder-led companies.
Muniq, the innovative consumer health and food-tech brand created by Marc Washington, founder and CEO of Uplifting Results Labs, announced the closing of a $8.2 million Series A investment round.
New Wave Foods completes $18m Series A financing to focus on plant based Shrimp and sustainable shellfish
New Wave Foods announced the completion of $18 million Series A round of financing, led by New Enterprise Associates (NEA) along with Evolution VC Partners, as well as other new and existing investors.
CBD startup Citrus CBD Industries (Peels), launched the first nationwide CBD brand made from oranges led by Founder & CEO Chris Hetherington.
TurtleTree Labs, a biotech company pioneering the method to produce milk using cell-based technology, announced the close of an oversubscribed $6.2 million Pre-A funding round from new and existing global investors.
Global innovation platform, Plug and Play, announced its newest location in Chicago, Illinois, to focus on connecting startups, corporations, and investors working on innovating the food and beverage industry.
IFC, a member of the World Bank Group, in partnership with Kobo360, an African digital logistics platform, announced an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria.
Fresh produce packaging specialists StePac L.A., Ltd. has been acquired by Nili Capital Partners, an Israeli private equity fund.
Pet supply startup Petpal raises capital via equity crowdfunding to expand e-Commerce operations in India
Pet supply startup Petpal has developed a one-stop platform for pet owners to get the food, medicine, and accessories they need to keep their pets happy and healthy.
Food & beverage e-commerce startup Feast & Fettle raises $1.2m to expand into Massachusetts and Connecticut
Feast & Fettle, a premium, fully-prepared meal delivery service based out of Rhode Island, announced the closing of a $1.2 million Seed round led by Salem Capital Management.
SnackFutures, Mondelēz International’s innovation and venture hub dedicated to unlocking emerging snacking opportunities around the world, has made a seed investment in Torr, an early stage Israeli Foodtech Company.
Ice cream infused with vegetables, to-go premium cheese snacks, decadent chocolate mousse and flavored paneer make up the finalists announced in the Real California Milk Snackcelerator product innovation competition.
South African peer-to-peer solar leasing startup Sun Exchange marked its official expansion into sub-Saharan Africa with the first of three crowdsales for a multiphase, 1.9 megawatt (MW) solar-plus-storage project for Nhimbe Fresh.
Responding to the challenging scene of a myriad of health and safety protocols facing restaurants and other businesses, Chicago startup qReveal has launched a platform that builds easy to use QR code menus and price lists.
The Protein Brewery, a Netherlands innovative developer of protein-rich food ingredients has announced that it has raised a €22 million Series A investment, bringing its total funding to date to € 26 million.
The Naked Market, San Francisco-based CPG brand, has closed $6 million seed funding round, with participation from several investors.
Nestlé announced it has acquired food delivery startup Freshly, fresh-prepared meal delivery services in the U.S. The deal values Freshly at $950 million, with potential earnouts up to $550 million contingent to the successful growth of the business.
Toyota AI Ventures, Toyota's early-stage venture capital fund, announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.
Lunchbox, has partnerered with Sodexo and delivery robot startup Kiwibot, to facilitate autonomous and contactless food delivery across the University of Denver (UD) for students.
Rabobank unveiled the 45 startups selected to participate in FoodBytes! Pitch 2020, its global food and ag startup discovery program that helps entrepreneurs scale their impact through mentorship and connections to corporate leaders and investors.
French-based baby-food company Yooji has secured €7.5 million funding to make highly nutritional and sustainable baby food easily accessible to parents.
Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G) have announced creation of a co-investment partnership that will target ventures that aim to make the food and agriculture industry more sustainable.
Scrum Ventures announced the launch of Food Tech Studio - Bites!, a global community of stage-agnostic startups who share a common vision of solving key challenges plaguing food supply chain.
Mosa Meat, a Dutch food technology startup which introduced the world’s first cultured beef hamburger in 2013, announced the first closing of $55 million as part of a larger Series B funding round.
German urban farming startup Infarm raises $170m to grow urban vertical farming network in the world
Infarm, German urban farming network announced $170 million investment raised in the first close of a Series C funding round expected to reach $200 million.
Delivery Hero, the world’s local delivery platform, has entered into an agreement with Glovo, an on-demand delivery start-up, to acquire its operations in Latin America for up to €230 million.
Cellular agriculture startup Wildtype has unveiled its latest cell-based salmon. This version is "sushi-grade" and crafted with the sushi industry's favorite raw salmon applications in mind.
Chromologics raises €1.9m seed round to accelerate development of fermentation-derived next generation food colorants
Chromologics, which is developing innovative natural food colorants, announced it has raised €1.9 million in seed financing led by Novo Seeds and supported by Nordic FoodTech VC and Vækstfonden.
Asian e-grocer in the United States, Weee!, has announced $35 million in Series C financing led by DST Global; bringing the total capital raised to over $100 million.
Silicon Valley headquartered global innovation platform Plug and Play has announced the selection of 102 new startups into its fall 2020 batches.
An upsurge in cases of malnutrition among children in rural Tanzania, combined with the issue of poor markets for farmers, inspired Jolenta Joseph to venture into the nutrition business in 2017.
Kenyan youth and women-led agribusinesses have been awarded an opportunity to access $100,000 as investment for their companies through the FoodTech Africa accelerator.
Impossible Foods Inc. has announced it has secured $200 million in its latest funding round, led by new investor Coatue.
Seattle based startup Atomo Coffee announced it has closed an additional $9 million in Seed funding to bring its molecular coffee to market.
Eny's Treats, a startup based in Zimbabwe, manufactures seed-based gluten free snacks that are topped up with natural and unrefined sweeteners for the upmarket urban health-conscious consumers. The startup’s CEO Tracy Mapfumo elaborates.
Minnow Technologies, a Seattle based IoT startup that has developed a contact free food delivery and pickup solution has raised $2.2 million in an oversubscribed seed round.
Joywell Foods, a food technology company developing a sweet protein portfolio, has announced the closing of a $6.9 million Series A financing round.
Crowd Cow, a US marketplace for high quality craft beef, meat and seafood has expanded product offerings that would normally only be available at high end restaurants.
eFoods Trade is an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers. Ian Sendagala the CEO explains.
GreenTec Capital Partners announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.
Uber has announced that it will acquire US on-demand food delivery startup Postmates for approximately $2.65 billion in an all-stock transaction.
Greenlight Biosciences secures $102 million financing to expand agriculture and life sciences applications research
GreenLight Biosciences has raised an oversubscribed $102 million round of funding from new and existing investors to rapidly expand production of its RNA products for agricultural and life sciences applications.
Naspers announced a R100 million investment in agritech business Aerobotics, through its early-stage business funding initiative Naspers Foundry. Aerobotics is a subscription-based artificial intelligence (AI) company that provides intelligent tools for the agricultural industry to manage its crops.
Timi Oke is the founder of AgroEknor International Limited in Nigeria that trades and exports processed agricultural products `agricultural products to clients in 9 different countries globally.
The Wells Fargo Innovation Incubator has selected six new participating startups focused on agriculture technology solutions to join the programme.
Hasania Foods Ltd, a startup in Nigeria is assisting farmers by adding value to a variety of agriculture products and introducing new ways of packaging foods. Yassir Ali the founder and CEO of the startup explains the model, the challenges and the plans to expand to West Africa.
Swedish startup Mycorena has raised over €1.2 million to fund the scale-up expansion of the product to reach the mass market, by financing the sustainable growth of the company initiating their first small-scale industrial production plant in Falkenberg.
Irish startup Buymie has teamed-up with Co-op to offer same-day home grocery deliveries to over 200,000 households across Bristol.
Zulzi, a South Africa based on-demand delivery platform has bagged R30 million ($1.6 million) funding from an unnamed JSE-listed company, aimed to expand its operations.
US online delivery platform for local pizza shops Slice, has raised $43 million in Series C funding from U.S. private equity firm KKR.
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers in South Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market. Besides connecting them to international
Inspired by the school of thought that holds that insects are the future of food, Priscilla Musenge runs a Zambia-based startup Prote-IN producing low cost, high quality protein alternatives from insects to make fish, chicken, pig feed, fertilizer as well as for human consumption.