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.
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