7 FoodTech news to know this week (2024 โ€“ week #49)

Startup news and deals

๐Ÿ‡จ๐Ÿ‡ญ๐Ÿงฌ Cradle, a Swiss startup, raised โ‚ฌ69.5M for its protein engineering platform, leveraging generative AI to design novel proteins for various applications (among which food).

๐Ÿ‡ฆ๐Ÿ‡บย ๐Ÿฝ๏ธ Fresho, an Australian startup, raised $17M to empower fresh food wholesale with AI-enabled ordering.

๐Ÿ‡ต๐Ÿ‡ฑ๐Ÿฒ Foodsi, a Polish startup, raised โ‚ฌ1.2M to combat food waste in restaurants and stores through a platform that allows ress to sell surplus food to consumers at discounted prices.

๐Ÿ‡ฉ๐Ÿ‡ชย ๐Ÿค– Foodji, a German startup, secured up to โ‚ฌ25M to expand intelligent food vending machines.

๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿฅฆ Allplants, a UK-based vegan meal kit startup, has moved to appoint administrators due to financial difficulties.

๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿฅ› Doodhvale Farms, an Indian dairy startup, raised $3M to enhance its operations and expand its fresh dairy product delivery services. Indian โ€œrealโ€ dairy brand startup are quite interesting to follow: they use the startup growth framework to create brands in a very traditional space.

๐Ÿ‡ซ๐Ÿ‡ท๐Ÿ’ณ Ekip, a French startup, raised โ‚ฌ1.5M for its employee benefits solutions covering meal expenditures.

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