In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Edonia, a French-based alternative protein startup that utilizes microalgae, announced that it raised 2 million Euros in funding.
- Maia Farms, a mycelium fermentation startup, announced that it raised $1.7 million in pre-seed funding.
- Poshn, a foodtech startup that seeks to organize the food supply chain, announced that it raised $4 million in pre-seed funding.
CPG Corporate Venture and Private Equity Fund
This week’s featured corporate venture and private equity fund is Nutrition Capital Network.
- Nutrition Capital Network (NCN) connects investors with high-potential growth companies.
- NCN brings together active investors with curated health, wellness, and ingredient companies that are looking for capital, partnerships, or acquisitions.
- NCN hosts five Investor Meetings each year, where selected companies give live presentations about their businesses to a group of active industry investors and mentors.
- Representative NCN Investors include:
- The Coca-Cola Company
- Abbott Nutrition
- Abrams & Company
- Ajinomoto Group
- Allergy Research Group
- Bimbo Bakeries USA
- Amway
- NCN uses the following criteria to evaluate potential Presenting Companies (for details, see Selection Criteria | Nutrition Capital Network):
- Novelty and Unique Position
- Insulation
- Economic Potential
- The Management Team
- Tangibles: Good branding or brand name, good quality & taste, unique packaging or presentation
- Intangibles: The “WOW” factor; head turning potential
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