๐ซ๐ท ๐ฅย Tranchรฉ, a French startup, raised โฌ3M to develop its chain of bakeries. Beyond tradition, it is also targeting online sales through delivery platforms such as Uber Eats.
๐ซ๐ท ๐ฑAgriodor, a French startup, raised โฌ5M for its eco-friendly alternative to insecticides. This topic is one of the hottest in 2023 due to both environmental concerns and increased energy costs.
๐ซ๐ทย ๐ฎ๐ฑ๐ฅย Danone invested in a couple of Israeli alternative protein startups:
- Wilk, which is applying cellular agriculture to breastmilk production
- Imagindairy, which uses precision fermentation to create dairy alternatives.
๐ด๐ณ๐ฑ Revyve, a Dutch startup, raised โฌ8M, notably from Cosun, a large Dutch ingredient manufacturer. The startup upcycles spent yeast into ingredients for the plant-based industry.
๐ฉ๐ชย ๐น๐ทย Getir is discussing the possibility of acquiring Flink, the last independent European quick-commerce startup. The valuation could be slashed by 50% from Flinkโs latest round of financing in late 2021.
๐จ๐ญย ๐ Ecorobotix, a Swiss startup, raised $52M for its weeding robots.
๐ฉ๐ชย ๐ฝ๏ธย Gorillas (quick-commerce) co-founder raised โฌ1.5M for a new virtual restaurant startup named TastyUrban.
๐ธ๐ฌ โย Flash Coffee, a Singapore-based startup, raised $50M for its coffee business that utilizes app ordering and delivery. This is part of a growing trend of South-East Asian (notably Indonesian) coffee chains raising money.
๐บ๐ธ๐ฅคOlipop, the probiotic soda brand, says it will reach $200M in sales this year. This brand, and others, are showing the strong appetite of consumers for new innovative beverages. This space is also attracting a lot of attention from investors.
๐บ๐ธย ๐ Hero Bread, a US-based low-carb bakery, raised โฌ47.5M for its retail expansion.
๐บ๐ธย ๐ย The US food and drug administration (FDA) approved the first pill to treat the microbiome. It will address issues related to antibiotic resistance.
