Best deals and top FoodTech news (2022 – week #7)


๐Ÿ‡ฉ๐Ÿ‡ชย  ๐Ÿฝ๏ธย  Voilร , a Berlin-based startup, raised โ‚ฌ8.8M for its high-end, heat-and-eat, restaurant meals. Users have access to a selection of meals from restaurants and receive each meal item already cooked and sealed separately.

๐Ÿ‡ฉ๐Ÿ‡ฐย  ๐Ÿšœย  Agreena, a Danish startup, raised โ‚ฌ20m for its blockchain-based marketplace that enables farmers to sell carbon certificates generated through regenerative farming.

๐Ÿ‡ช๐Ÿ‡ธย  ๐Ÿ–ย  Novameat raised $6M for its plant-based whole cut technology. One of the biggest challenges facing the plant-based industry is to replicate the texture of meat and fish products. The current technology (extrusion) has many limitations. Novameat has developed an innovative process using 3D printing. It will use the funding to scale its production.

๐Ÿ‡ซ๐Ÿ‡ฎย  ๐ŸŒฌ๏ธย Solar Foods, the Finnish startups that โ€œtransformsโ€ CO2 into protein, received โ‚ฌ10M in investments to build its first factory. The facility will use air-captured CO2 to feed microbes through a fermentation process. These microbesโ€™ output is a new protein called Solein that can be then used in food products.

๐Ÿ‡ธ๐Ÿ‡ฌย  ๐Ÿ”ย  TiNDLE, a Singapore-based startup, raised $100M for its plant-based chicken. Already active on 200 restaurants (after 18 months of activity and an initial $30M seed), it will use the money to expand in the US.

For such an early-stage startup (converting 200 restaurants sales into revenue does not add up to something impressive), this dealโ€™s size is a testimonial of the FOMO (fear of missing out) in the alternative protein space. It also shows the heightening competition with well-funded Asian startups competing with their US counterparts.

๐Ÿ‡บ๐Ÿ‡ธย  ๐Ÿฅซย Cann, a US-based startup, raised $27M for its cans of cannabis-infused beverages. Contrary to most of the players, Cann does not limit itself to CBD but also adds THC (the psychoactive substance in cannabis) to its drinks…

๐Ÿค– Food automation is booming
๐Ÿœ Big bucks for small bugs

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