TLDR: Kost Capital, a new venture capital fund based in Denmark, has launched a €25 million fund to support the growth of foodtech startups. The fund aims to address pressing food industry challenges, such as population growth, climate change, food waste, and health concerns, through innovative and sustainable solutions. Kost Capital will focus its investments on fermentation-based ingredients, alternative proteins, and technologies that enhance food production. The fund has already made investments in companies working on palm oil replacement, infant formula, and food ingredients. Kost Capital also plans to collaborate with Kost Studio to bridge the gap between academic research and market implementation.
Key elements:
- Kost Capital launches a €25 million fund to support foodtech startups
- Fund aims to address challenges in the food industry through innovative and sustainable solutions
- Investments will focus on fermentation-based ingredients, alternative proteins, and food production technologies
- First investments made in palm oil replacement, infant formula, and food ingredient companies
- Kost Capital plans to collaborate with Kost Studio to bridge the gap between research and market implementation
