Category: Week in Food Tech Funding
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When it comes to AI meets food, it’s easy to think of food robots, precision farming, or even restaurant tech. But over the past year or so, we’ve seen a parade of new startups emerge that use machine learning and other forms of AI to develop new food building blocks. Take Kingdom Supercultures. The company,…
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Over the past 12 months, money has poured into cultivated meat startups as venture investors, celebrities, and governments look to get in on what many believe is the next big thing in alternative protein. However, as the excitement grows, some are taking a harder look at how to scale the production of lab-grown meat to…
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The week’s big news is a $350 million Series D raise by precision fermentation unicorn Perfect Day. There’s a whole lot packed into this announcement, so let’s get right to it: First, the funding raises Perfect Day’s total to $750 million and sets the company on track for a possible IPO. The timing couldn’t be…
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Fall is upon us in the Pacific Northwest, and alongside autumn colors and windy weather is lots and lots of food tech venture capital. This week’s funding news includes not one but two alt-mozzarella startups, a monster round for ugly produce online retailer Misfits Market, and three pieces of food robot funding news. On to…
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Food waste reduction is a hot investment space and one of the most active investor segments within the broader category in surplus food marketplaces. And last week food waste kept on trucking as Olio, perhaps the most well-known of the share-your-food app startups, announced a $43 million Series B investment. Cofounder Tessa Clarke describes the…
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Fast Grocery Startups Continue Stocking Up on Big Cash Cajoo, a 15 minutes or less fast grocery delivery specialist from France, has raised $40 million in fresh funding. The lead investor on the deal for the startup with the sneezy-sounding name is grocery giant Carrefour. As part of the deal, Carrefour will allow Cajoo to…
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