In This Issue:
Food Venture Financing Trends
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Scimplify, an Indian startup that connects ag and pharmaceutical companies to manufacturers of specialty chemicals, announced that it raised $40 million in its Series B round.
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Grão Direto, a Brazilian digital trading platform, has raised $15 million in its Series B round.
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GigaCrop, a plant biology startup, raised $4.5 million in its seed round.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is The Sustainable Local Food Investment Group
- The Sustainable Local Food Investment Group (SLoFIG) is a network of accredited independent investors who share the mission of using private investment to re-establish a robust and sustainable food system across the Chicago foodshed. It provides capital, expertise, and a network of contacts to early-stage companies to help drive their success.
- SLoFIG invests in early-stage companies along the entire food value chain:
- production / farming / urban ag
- processing / business services
- aggregation / distribution
- consumer packaged goods
- grocery / other retail
- food service / meal delivery
- waste / compost
- Some of SLoFIG's portfolio companies include:
- Soom
- Canopy Farm Management
- Fillo's Americas Made
- Village Farmstand
- Pear Chef
- Kitch FIX
- Prairie Wind Family Farm
- Phyter
[View source.]
