2 NOTABLE DEALS IN EUROPE, 4 IN THE REST OF THE WORLD:
๐ฆย ๐ธ๐ชย ๐ซ๐ทย ย &Repeat, a Swedish startup recycling disposable food packagings acquired Barepack, a French startup working on reusable packagings for the foodservice industry.
๐จย ๐ฆ๐นย Arkeon Biotechnologies, a startup working on a process to convert CO2 into protein, raised $7M. This technology (which we talk about in our 2021โs report on FoodTech trends).
๐ฒย ๐ฎ๐ณย Swiggy, one of Indiaโs 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.
๐ถย ๐บ๐ธย Once Upon a Farm, a US baby and kid food startup, just raised $52M
๐คย ๐ย ๐บ๐ธย Serve Robotics, a (cute) sidewalk delivery robot startup raised $10M. Among the investors, the presence of Nvidia, the chipmaker giant, is notable.
๐ย ๐บ๐ธย 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.