Best deals and top FoodTech news (2022 – week #10)

2 NOTABLE DEALS IN EUROPE, 4 IN THE REST OF THE WORLD:

๐Ÿ“ฆย  ๐Ÿ‡ธ๐Ÿ‡ชย  ๐Ÿ‡ซ๐Ÿ‡ทย  ย &Repeat, a Swedish startup recycling disposable food packagings acquired Barepack, a French startup working on reusable packagings for the foodservice industry.

๐Ÿ’จย  ๐Ÿ‡ฆ๐Ÿ‡นย  Arkeon Biotechnologies, a startup working on a process to convert CO2 into protein, raised $7M. This technology (which we talk about in our 2021โ€™s report on FoodTech trends).

๐Ÿšฒย  ๐Ÿ‡ฎ๐Ÿ‡ณย  Swiggy, one of Indiaโ€™s restaurant delivery giants, is planning its IPO. Recently valued at more than $10B, the startup is planning an IPO for the first half of 2023 in order to raise $1B and pursue its growth.

๐Ÿ‘ถย  ๐Ÿ‡บ๐Ÿ‡ธย  Once Upon a Farm, a US baby and kid food startup, just raised $52M

๐Ÿค–ย  ๐Ÿššย  ๐Ÿ‡บ๐Ÿ‡ธย  Serve Robotics, a (cute) sidewalk delivery robot startup raised $10M. Among the investors, the presence of Nvidia, the chipmaker giant, is notable.

๐ŸŸย  ๐Ÿ‡บ๐Ÿ‡ธย  Finless Foods, a US startup developing cellular agriculture-based seafood products, raised $34M. Now the company wants to launch its first product, a bluefin tuna, in the US (for that it will need to receive approval from the food authorities) and then expand to other products and new markets.

๐Ÿ’ฐ Are exits becoming more complicated due to high valuations?
Best deals and top FoodTech news (2022 - week #9)

Leave a Reply