In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
- Links to Relevant Content and Events
Food Venture Financing Trends
- Ferrara Candy announced that it plans to buy Jelly Belly Candy, the prominent jelly bean business, for an undisclosed amount.
- Tyson Foods announced that it plans to make a strategic minority investment in Protix, an insect protein startup company.
- A recent report by Pitchbook found that foodtech deals are steadily increasing after a slow period. Experts predict that alternative protein, food ecommerce, sustainability and health and wellness companies will likely drive an increase in foodtech deal activity.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is BE8 VENTURES.
- Be8 Venture is a Berlin-based growth stage venture capital fund focusing on the food and beverage sector with a strong commitment to innovation throughout the entire food and beverage value chain (i.e. Innovative Food, E-Grocery, Retail & Gastro Tech, Packaging & Waste).
- Be8 Venture is funded by the Oetker group, the leading food producer in Europe.
- This VC fund invests in emerging brands that shape tomorrow's food ecosystem in Europe, Israel, and North America.
- Some of Be8 Venture's portfolio companies include:
- New Culture
- Melt & Marble
- Planted
- Glovo
- Bluu
- Blue Horizon Ventures
- Synthesis Capital
[View source.]
