🇪🇸 🍔 Vicio, a Spanish food delivery brand, raised €17M for its burgers. It bets on quality and partnership with influencers. In the last round, football stars such as Leo Messi and Antoine Grizemann invested in the startup.
🇩🇰 🏭 Unibio, a Danish startup using biomass fermentation to produce a new type of protein for animal feed, raised $70M from a Saudi petrochemical company. This will be used to finance a new production facility.
As for other alternative protein sectors, large investment from companies and sovereign funds from the Middle East is more and more common. Will it become tomorrow’s global protein hub? As Europe is stalling with regulation, it seems that leaders in the Gulf are betting solid money on this thesis.
🇺🇸 📦 Boxed, a publicly listed online bulk retailer, announced that it filed for bankruptcy. As for many other companies that used a SPAC to list on the public markets, it was facing difficulties for quite some time.
🇮🇱 🏨 Reeco, an Israeli startup, raised $10M for its hospitality procurement platform.
🇳🇿 🐄 Halter, a New Zealand-based startup, raised $53M for its collar for cows. These guide the cow, avoid fencing and provide health data on the animal.
🇮🇱 🍼 Wilk, an Israeli startup, raised $3.5M, with notably $2M from Danone, for its cell-based breast milk. It uses cellular agriculture to produce milk from human breast cells.
🇫🇷 💰 Algaia, a French algae producer, was acquired by JRS Marine, a former subsidiary of Dupont.
🇫🇷 🥕 Carot, a French smart fridge canteen startup, raised €2M.
🇺🇸 🥬 Two US startups raised money for their vertical farms:
- Babylon raised $8M for personal vertical farms
- Hardee Fresh raised $56M for a new large vertical farm
🇺🇸 Valyant raised $17M for its AI-based voice and payment assistant for restaurants (to take orders).
