Startup Funding & Strategic Moves
🇮🇹 🥫 Planeat, an Italian startup, raised €2.7M for its ready-eat meal B2C and B2B offerings.
🇺🇸 🧾 Olo, a publicly-listed US leading online ordering startup was acquired for $2B by Thomas Bravo, a software investment firm.
🇺🇸 🌱 Trace Genomics, a US-based soil health startup, was acquired by Canada-based Miraterra, an insight and measurement platform.
🇳🇱 🧫 Upstream Foods, a Dutch startup using cellular agriculture to produce seafood, shut down after failing to secure enough funding.
Leading Companies & Macro Trends
🇺🇸 🤖 Anthropic (a leading AI company) experimented with a vending AI project for retail. The AI assistant was tasked with multiple missions, such as managing inventory and responding to customer requests. However, it quickly failed, showing that there are still many hurdles to AI deployment in retail, notably as it lacks the ability to adapt to an evolving context (and like other AI, it is often too eager to please, often preferring to lie rather than tell something negative). That’s still a fascinating experiment, which demonstrates how rapidly things are progressing.
🇺🇸 🥣 Ferrero is planning a $3B deal to buy Kellanova’s cereal brands (Froot Loops, Frosted Flakes…).
🇺🇸 🌍 Mars launched a $250M Sustainability Solutions Fund to support climate-related innovations across its supply chain.



























