In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
Food Venture Financing Trends
- Rebel Foods, Wendy's India franchisee and cloud kitchen operator, announced that it raised $210 million in its Series G financing.
- Yeastup, a foodtech startup that extracts functional ingredients from yeast, raised €9.47 million in its Series A round.
- Post Holdings will acquire Potato Products of Idaho, a company that manufactures and produces frozen potato products, for an undisclosed sum.
CPG Corporate Venture and Private Equity Fund
This week's featured accelerator is Food Centricity.
- Food Centricity, founded in 2012, is an accelerator that supports food businesses' success in Southern California and beyond. Food Centricity primarily assists early and growth stage packaged food companies.
- Some companies that have been assisted by Food Centricity include:
- Solely
- NutPods
- Kevita
- Tea Botanics
- Foodstirs
[View source.]
