In This Issue:

• Food Venture Financing Trends
• CPG Corporate Venture and Private Equity Funds

Food Venture Financing Trends

• Rebellyous Foods, a plant-based chicken startup, announced that it raised $9.5 million in its recent equity financing.
• JOKR, an instant grocery delivery startup, announced that it raised over $50 million in its Series C round. The company hit a new $1.3 billion valuation after the funding.
• Morinaga Nutritional Foods, a US manufacturer of tofu, acquired Tofurky and Moocho for an undisclosed sum.
• Post Holdings announced that it plans to acquire leading dog and cat food brands from The J.M. Smucker Co. for $1.2 billion.

CPG Corporate Venture and Private Equity Fund

This week's featured CPG Corporate Venture and Private Equity Fund is Eighteen94 Capital.

• Kellogg’s, the world's largest producer of branded packaged cereal and a leader in branded convenience foods, launched its venture capital arm called Eighteen94 (1894) Capital in 2016.
• 1894 Capital invests in food and food-related tech startups developing new packaging, ingredients, products and technology.
• Some of their portfolio companies include:
  • Siren
  • Kuli
  • Ucan
  • Cargo
  • Myco Technology
  • Taali
  • Plantible

[View source.]