Let's recap this week in FoodTech:
📈 What’s up? A new report from FoodLabs and Dealroom.co presented live at the HackSummit shows that European FoodTech startups raised over $2 billion in 2023, outpacing the US for the first time.
💡 Good Read: Kamil Węgliński, VC at Market One Capital and ClimateHack Ambassador in Poland, wrote this comprehensive analysis of the food waste prevention market
🎤 Exclusive: We spoke to the Winner and Runners Up of the FoodTech World Cup live in Lausanne: Riccardo Bottiroli, Shobhita Soor and Joaquín Fisch
🍜 Amusing: Denmark has recalled several flavours of South Korea’s popular instant noodle brand, Samyang Foods Co., Ltd., for being too spicy.
🦀 US-based Tender Foodraised $11 million in a Series A funding round led by Rhapsody Venture Partners.
🥓 THIS™ secured £20 million in a Series C funding round led by Planet First Partners.
🧫 Ever After Foods secured $10 million for its cultivated meat bioreactor platform, which it says will allow producers to scale up their manufacturing whilst reducing their costs by up to 90%.
🌾 Kilimo, based in Argentina, raised $7.5 million Series A funding.
💰 Inside Scoop: Sifted reveals that the elusive world of family offices is showing a greater interest in ClimateTech. Freya and Sadia spoke to Nadim El Khazen of PeakBridge, Greg Michel of Ananke and other investors at the HackSummit.
🍫 Mez Foods is using mesquite to create sustainable chocolate alternatives, as cocoa prices continue to soar.
☕️ David Klingen of Northern Wonder - Coffee Free Coffee told Sifted why adaptation tech might save our morning brew. While also serving 30,000 (reusable) cups of his coffee-free coffee to the HackSummit attendees.
❌ Perfect Day has filed a $200 million counterclaim against its Italian contract manufacturer Olon, accusing it of “gross negligence and willful misconduct.” Will no one learn anything from the Meati x Better Meat Co lawsuit?
🤝 Believer Meats is partnering with the AbuDhabi AgriFood Growth & Water Abundance cluster to develop its capabilities in the MENA region.
🌱 YASAI and GreenState AG are merging, and will work together to provide fresh, locally-grown produce to the Swiss market.
🍝 US startup Pastazerts launched chocolate ravioli. Designed to be enjoyed as pasta-for-dessert.
🥚 Grupo Empresarial Palacios Alimentación, is partnering with The EVERY Company to use its liquid animal-free eggs in its flagship products.
🔬 Dutch Structuring Technologies (DST) has developed a novel technology called Continuous High Shear
🌾 Kellanova is partnering with Ahold Delhaize to develop Cheez-It crackers made with regenerative wheat
💡Article on what drives VC-style growth in Food and Agriculture startups by Jaap
🎙️Is there a way to balance the discussions on novel processed alternative proteins? asks Maya
🎧 The ‘most listened to’ science podcast right now covers Planet A Foods and cocoa-free chocolate.
Read the full recap: https://lnkd.in/e8itVduG
