Kost Capital, a foodtech-focused VC fund in Europe, has completed the first close of its €25m ($29m) fund. The firm plans to make pre-seed and seed investments in 20 to 25 European startups using renewable biological resources to produce food over the next four years. With European foodtech startups raising more than €700m in 2023, is there space for a niche fund at an already crowded table? Kost Capital may have its ace found in the kitchen in the basement. The firm’s cofounder Kasper Hulthin established Kost Studio in 2013, a project designed to help great minds leveraging cutting-edge science to create better food. Kost Capital and Kost Studio share the same kitchen space, allowing the VC to put a potential investment to the test simply by walking downstairs.
Kost Capital’s Hidden Recipe: Unveiling their Basement Food Development Studio
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