Food Venture Financing News – Weekly Issue No. 167 | Davis Wright Tremaine LLP

In This Issue:

  • Food Venture Financing Trends
  • CPG Corporate Venture and Private Equity Funds

  • Verqor, an agrifintech startup in Mexico that offers farmers credit for agriculture, announced that it raised $7.5 million in funding.
  • GoodBytz, a foodtech startup in Germany that develops robotic kitchens, announced that it raised 12 million Euros in its Series A round.
  • Keurig Dr Pepper announced that it plans to invest $100 million to develop it coffee production plant in South Carolina.
  • Keurig Dr Pepper announced that it entered into a long-term partnership with Electrolit, a sports hydration beverage, to sell and distribute the product.

CPG Corporate Venture and Private Equity Fund

This week’s featured corporate venture and private equity fund is Farm 2050.

  • Farm 2050 was co-founded by Innovation Endeavors and Finistere Ventures in California. Farm2050 is committed to advancing the future of food through supporting AgTech entrepreneurs and startups.
  • Some of Farm 2050’s partners include:
    • Pepsi
    • The Wonderful Company
    • AgriTech New Zealand
    • Syngenta
    • Taylor Farms
    • Nutrien
  • Farm2050 brings together researchers, farmers, entrepreneurs, manufacturers, and distributors to accelerate the path for new disruptive AgTech.

[View source.]

Leave a Comment

Your email address will not be published. Required fields are marked *