Investment

Soft drinks fight to stay relevant during COVID19

As always drinks companies are constantly transforming their marketing efforts and budgets to adjust to changing customer habits and demands. And this hasn´t changed amid the current outbreak. So the question is; will these new efforts work? In the soft drinks category marketing budgets and plans are being shifted as some companies crack down on …

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BREAKING: Provision Analytics secures $3.2m to expand food safety data platform

Covid has put food safety and the issues of our food supply chain at the center of many consumers’ minds. As companies come to terms with the financial woes of the pandemic, some agrifood tech startups are actually well-poised to offer solutions. “Generally, the public hasn’t considered the impact of a pandemic on the value …

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Is plant-based going to boom or bust?

With covid drastically changing the American lifestyle consumers have experienced empty supermarkets, closed restaurants and stockpiling warnings. The pandemic is putting more pressure on the supply and production food chain than ever before – so what does that mean for the plant and meat industry? In their 2018 “Year in Food” report Grubhub saw plant-based food …

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Startup Allset raises $8.25m amid pandemic as companies adopt off-premise models

The restaurant industry has been forced to make quick and difficult decisions over the past few weeks with many being forced to either close their doors or offer new off-premise options like takeaway and contactless delivery. Pivoting from one business model to another isn´t easy, and LA-based startup Allset knows this all too well. The …

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Swedish-based Swedish Algae Factory secures support from big investment fund

Sustainable aquaculture investment fund Aqua-Spark recently announced it has decided to invest in Sweden-based startup Swedish Algae Factory. The young company was founded by Sofie Allert and Angela Wulff back in 2016 and uses algae to convert effluent water produced by recirculating aquaculture systems (RAS) into organic biomass that can be used for fish feed …

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Pea Power: Israeli seed-breeder Equinom raises $10m

Israeli-based seed breeding startup Equinom, is designing advanced crops like “shatter-free sesame or high-protein peas without the need for genetic engineering. It has now closed a Series B funding round at $10 million. German-based chemicals giant BASF Venture Capital is leading this round and marks the first time it has invested in an Israeli-based company. …

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