💸 Here are the 🔟 #FoodTech news and deals of the last week that you should know about:
🇺🇸💧Liquid Death, a US-based startup selling water in aluminium cans, raised $67M and is now valued at $1.4B. It doubles its 2022 valuation and becomes a unicorn.
🇺🇸 🦐 Kuenhle AgroSystems, a US-based startup, raised $3M for its high-value ingredients extracted from microalgae. It wants to provide an alternative to the synthetic astaxanthin, an ingredient used for feed in aquaculture.
🇺🇸 🍼 Serenity Kids, a US-based startup, raised $52M for its baby food brand.
🇳🇿 🥛 ANDFOODS, a New Zealand startup, raised $2.7M for legume-based dairy alternatives developed through fermentation.
🇺🇸🔬 Tierra Biosciences, a US-based startup, raised $11.4M for its platform for designing on-demand proteins. The platform allows customers to have custom proteins developed rapidly and then delivered to them.
🇳🇱 🍼 Vini Mini, a Dutch startup, raised €500K for its products and supplements aimed at preventing food allergies in babies (by introducing potential allergens such as peanuts as early as possible).
🇱🇹🌾 HeavyFinance, a Lithuanian-based company, raised €50M to help farmers and agtech startups decarbonise and switch to regenerative agriculture.
🇩🇪 🍽️ NeoTaste, a German startup, raised €21M for its restaurant discovery app. It wants to expand in new European markets and develop new features.
🇺🇸🤖 Bear Robotics, an American startup, raised $60M for its robot waiter.
Industry news & trends
🌍 🍔 A new study looked at the impact of ultra-processed food (UPF) on our bodies and brains. It suggests that these foods act as addictive substances. UPF is also linked to the development of 32 conditions, among which mental health problems, by altering the microbiome. Many food companies (and notably producers of plant-based alternatives) are fighting against the wide definition of UPF, saying that it should be narrowed.
👉 To get all our insights on the future of the food industry, sign-up to our newsletter: https://lnkd.in/gBKHaVRJ
All the article's details, links, and more analysis in link the first comment!
#startup #foodtech #agtech #deal #fundraising
Dealroom.co we love to see it. 🙌 Big thanks for featuring Nourish Ingredients in this delicious lineup. We've always known fat was the missing ingredient in the industry. Thrilled to bring the authentic taste to the market. 🍽