๐บ๐ธย ๐ฝ๏ธ ย Heali, an American startup, raised $3M for its personalised โnutrition therapyโ platform to manage health conditions. Unlike most platforms in this category, it focuses on many different conditions, and it has demonstrated its effectiveness in clinical trials.
๐ซ๐ท ๐ Le Fourgon, a French startup, raised โฌ10M for its plastic-free online supermarket dedicated to beverages. If it follows the steps of Germanyโs Flaschenpost (a successful unicorn acquired by Oetker, which operates the same business model), it is definitely a startup to follow. With this funding, it will grow in new locations all over France.
๐บ๐ธย ๐ย Bowery, a US-based vertical farming startup, raised $85M. However, this deal, which comes after layoffs and in a context of serious doubts about the potential of vertical farms ever to generate profits, comes with a valuation axed by 85%.
๐ฎ๐ช ๐ฝ๏ธ Positive Carbon, an Irish startup, raised โฌ2.3M to help commercial kitchens reduce food waste. Through sensors, it detects which ingredients or foods go to the bin, providing analytics that can reduce waste (and costs).
๐ซ๐ท ๐ Ida, a French startup, raised โฌ2.7M for its AI-driven technology to help supermarkets better manage their forecasts, supplies, and orders of fresh foods. This leads to food waste and savings for supermarkets.
๐จ๐ฆ ๐ค 4AG Robotics, a Canadian startup, raised $17.5M for its mushroom harvesting robots. With it, it addresses labour shortages (the industry is still heavily manual and relies on immigrant workers). With this funding, the startup will commercialise the robots in Canada and Europe.
๐ณ๐ฑ ๐ Crisp, a Dutch startup, raised โฌ35M for its farm-to-home online grocery delivery service. Unlike quick-commerce startups, and in order to be profitable, Crisp offers next-day deliveries and focuses on weekly groceries.
๐ซ๐ทย โป๏ธย Toopi Organics, the French startup recycling human urine into a bio input for organic agriculture, received โฌ8.4M in grants and investment from an EU-related program.
๐ฎ๐นย ๐ย Italy has banned lab-grown meat. The law was voted on last week by the parliament and portrays cellular agriculture, insects, and other novel foods as a threat to Italyโs food culture. Letโs say that it will not stop the cellular agriculture industry from moving forward. It may only harm Italyโs foodtech ecosystem.
๐ฌ๐ง ๐ฝ๏ธ Appetite, a British startup, raised $2M for its restaurant discovery and booking app. Restaurant booking apps seem to constantly reinvent themselves, even if very few last very long or have a strong business model.
๐ช๐ธ ๐ป Last.app, a Spanish startup, raised โฌ5M for its restaurant business operating system, which connects to hundreds of existing services.