The capital crunch many food and beverage companies have faced in 2023 will remain a challenge into 2024 due to several macro-economic reasons, Jennifer Palmer, CEO and founder of lending company JPalmer Collective, told FoodNavigator-USA.
In its 2024 budget, the German Government has allocated €38m for the promotion of precision-fermented, plant-based and cultivated meat and dairy alternatives.
Europe’s largest adaptogenic mushroom supplier KÄÄPÄ Biotech has raised a total of €3.5 million to keep up with explosive demand for its sustainable and trustworthy range of medicinal mushrooms.
At Rethink Events’ Future Food Tech Summit in London last month, investors discussed the challenges of the past, present and future of food tech investment
The government of Catalonia, Spain has invested €7m into alterative protein research, one of the largest investments into the sector in Spain’s history. It will aim to scale up Catalonia’s plant-based and fermentation-made food production.
In a squeezed investment climate, we spoke to Fiona Choppe-Magal, Partner, Foodtech and Agritech, at Israel-based Cukierman Investment House, who reveals some crucial advice for Europe’s agrifood tech entrepreneurs to maximize their chances in dealings...
The plant-based sector remains an enormous long-term growth opportunity, though investor retrenchment will continue in the short term, investors told the recent Plant-Based Protein Manufacturing Summit in Amsterdam.
Consumer health may suffer as global venture capital funding levels off. Conversely, this opens food innovation opportunities in areas relating to reformulation, FoodNavigator learns.
In Israel, interest in food tech ranges from alternative proteins to food waste, vertical farming to delivery robots. Which areas have ecosystem majors pinpointed as particularly strong growth opportunities?
London-based Milltrust Ventures and Ireland’s Earth First Food Ventures have launched a new £242 (EUR270) million investment fund targeting sustainable alternatives to meat proteins.
SilicoLife, the Portuguese firm designing optimised microorganisms and novel pathways for biotech applications, has just concluded two Series A fundraising rounds to the total tune of €9.8 million to be invested in 'unmet needs' within the dietary...
Plant-powered culinary brand Wicked Kitchen has raised $20m in bridge funding from backers including actor and vegan activist Woody Harrelson, Ahimsa VC, and NRPT (Thailand's leading food producer and innovator).
Verlinvest tells FoodNavigator it is doubling down on the consumer shift towards sustainability, ethics and health. ‘This is where the growth is coming from’, it says.
CPG brands that invest in restoring healthy farmland can earn more than the goodwill of consumers who increasingly care about sustainability – they also could cash-in on the surge of ESG-earmarked funding and secure high-value assets that will support...
Global investment in alternative proteins was the highest ever in 2020 and three times the capital invested in 2019 – signalling growing momentum for sustainable alternatives.
2020 was a breakout year for 'agrifoodtech' companies as the sector attracted over $26.1bn worldwide in investment, a 34.5% increase from 2019, according to global venture capital firm AgFunder's 2021 investment report.
The Abu Dhabi Investment Office (ADIO) is stepping up its programme to attract food-tech companies that are developing solutions across ‘land, sea and space’ to the region. ADIO Director General His Excellency Dr Tariq Bin Hendi tells FoodNavigator that...
Vegan Arborist is looking to help take plant-based food businesses ‘to the next level’ after launching a business and consumer platform dedicated to growing the market for more sustainable plant-based products.
With the COVID-19 crisis highlighting their vulnerability to external shocks, food and beverage companies are set to increasingly diversify their supply chains and locate production closer to their markets.
An average of 15 food and drink acquisitions were recorded every week of 2019, according to Zenith Global. The ingredients sector was the most active, with 65 transactions listed worldwide.
Growing awareness of environmental and ethical issues is changing the way consumers participate in the food system. Understanding this prompted the launch of new equity crowdfunding platform Koodoo. One of the first companies to raise on the platform?...
A new report on investor attitudes to the food and ag-tech space suggested investors are weary of the ‘over-hyped’ meal kit delivery space. Increasing cash is expected to flow towards ag-tech and innovative food in the coming year.
Investors are eyeing “game-changing innovations” in the aquaculture sector as climate change and antibiotics threaten to “sink” the fast-growing $232 billion global fish farming sector, according to a report by an ethical investment network.
Future Food, an Italian-based organisation focused on developing “innovative collaborations” to “revolutionise the food ecosystem” has secured the financial backing of food industry veterans Valerio Nannini and Mauro Piloni.
UK-based agribusiness impact investor AgDevCo has secured £55m ($71m) from the UK’s Department for International Development (DFID) to expand its portfolio of sustainable investments in African agriculture.
The European Union (EU) is investing Ksh236m ($2.4m) to help Kenya revive its once thriving cashew nut industry that collapsed more than three decades ago.
Mondelēz International has inaugurated its biscuit plant in Opava, Czech Republic, one of the most modern factories in the company’s network and a leading producer of biscuits for the European market.
French biomarine group Algaia is expanding its production and innovation capacity with investments targeting the growing demand for marine ingredients and seaweed extracts.
Swiss bakery business Aryzta has downgraded its full-year 2018 EBITDA, previously projected to be ‘broadly in line’ with last year, but now expected to be around 15% lower.
Nestlé has sold its US candy business ($924m in 2016 sales), which includes Butterfinger, Baby Ruth and Raisinets, to Nutella maker Ferrero for $2.8bn in cash.
One of Europe’s biggest poultry producers, PHW, has strategically partnered with cultured meat start-up Supermeat on R&D and the distribution of its products in Europe.
The European meal kits sector is a fast-paced environment and – like any high growth channel – it is attracting more competitors. The latest entrant is Anglo-Dutch consumer goods giant Unilever, it emerged yesterday (19 October).
Bakkavor, the leading UK fresh prepared food manufacturer, wants to “accelerate” its growth in “high potential” international markets like China and the US while continuing to benefit from category growth in the UK.
An airport in Dubai has released a “first-of-its-kind” guide to halal investment in a bid to tempt travellers to contribute to the emirate’s effort to become the hub of the Islamic economy by 2021.
Toddler meals and snack supplier Little Dish has secured a capital injection that it believes will enable it to “accelerate” its growth in the UK as well as expand overseas, with a planned launch in the US market.
Quorn has been using a mix of R&D and marketing to ferment growth and capitalise on rising demand for meat-free products at home and overseas, CEO Kevin Brennan tells FoodNavigator.
US food giant Kraft Heinz flagged the “significant” investment it is making in accelerating top-line growth in its European region when it delivered its second-quarter results.
Hungary’s poultry meat processor Gallicoop Pulykafeldolgozó Zrt has unveiled plans to invest some HUF 1.65 billion (€5.4m) to set up a new meat packaging plant.
JBS plans to launch an appeal after a Brazilian judge blocked its sale of meat firms in Argentina, Paraguay and Uruguay to rival Minerva in a nine-figure deal.
Roquette will invest €40 million to increase the capacity of its Northern France pea processing site in Vic-sur-Aisne in a bid to meet growing global demand for plant-based protein.
In an effort to promote innovation, Rabobank announces launch of the Rabo Food & Agri Innovation Fund (RFAIF), allowing companies to receive up to €3 million.
Industry giants Nestlé and Unilever report steady sales growth driven by emerging markets for first quarter of 2017 and predict continued growth throughout the year.
