In This Issue:

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

Food Venture Financing Trends

• De Novo, a startup that creates protein-based functional ingredients using microbial fermentation, to accelerate commercialization of NanoFerrin, the company’s flagship product, following a $4 million fund raise.
• David, a platform that designs tools to increase muscle and decrease fat, today announced a $10 million seed funding round.

CPG Corporate Venture and Private Equity Fund

This week's featured corporate venture and private equity fund is 7-Ventures.

• 7-Ventures, LLC, is the 7-Eleven^® corporate venture arm focused on discovering, partnering, and investing in startups that complement 7‑Eleven’s mission of convenience.
• Portfolio companies include:
  • Super Coffee
  • BellyCard
  • KeyMe
  • PayNearMe
• 7-Ventures invests in early-stage food and beverage businesses as well as convenient services to anticipate and respond to ever-changing consumer demands. Its portfolio companies gain access to the 7-Eleven business system, offering guidance with commercial distribution, operations support, product development, marketing, insights, and analytics.

[View source.]