π«π·Β πΆΒ Feve (or Fermes en Vie), a French startup, raised β¬1.7M for its solution to help farmers to retire and sell their farms to young farmers looking to buy land and adopt agroecology practices. For that, it enables people to finance the installation process and acquisition of the farms. Financing this transition from an older to a newer generation while encouraging environmental practices is a growing topic that we expect to grow in the future.
π¬π§Β π₯© Meatless Farm, a UK-based plant-based meat startup, is preparing for bankruptcy. It was among the most well-funded startups in Europe in this space ($37M raised). As in many other areas, this can be read as additional proof that the plant-based sector is going through a consolidation phase.
πΊπΈ π½οΈΒ Hungry, an American startup, raised $10M for its corporate catering and events platform. It connects companies to a wide range of chefs and caterers.
π³πΏΒ π Β Number 8 Bio, a New Zealand startup, raised $1.2M for its methane reduction technology. It uses yeast to reduce the amount of methane cows emit.
π¬π§Β π½οΈ Winnow, a UK startup, raised β¬10M for its food waste reduction smart bin for the foodservice industry. It recognises in real time which items are thrown away and computes how much money and food has been wasted by leftovers in central kitchens.
π«π·Β π₯οΈΒ Foodomarket, a French startup, raised β¬11M for its B2B marketplace for the food industry. It helps small restaurants source fresh products from suppliers in a single marketplace.