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Today: November 9, 2024
March 28, 2024
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Weekly Food Funding Updates: Issue 185


TLDR:

  • Cauldron, an Australian fermentation technology startup, raised $6.25 million in Series A funding
  • Acre Venture Partners, a California-based VC firm, raised $140 million to invest in agrifoodtech startups

In the latest issue of Food Venture Financing News, several key trends and developments in the food industry were highlighted:

Cauldron, an Australian fermentation technology startup, secured $6.25 million in Series A funding. Acre Venture Partners, based in California, raised $140 million to support agrifoodtech startups. Jumbotail, an Indian B2B ecommerce startup, announced an $18.2 million equity round. Poseidona, a Spanish female-led food tech startup, raised €1.1 million in a pre-seed round.

The article also featured Rich Products Ventures, a corporate venture and private equity fund with a focus on the food industry. The fund, a division of Rich Products Corporation, provides operational, technological, and investment expertise to its portfolio companies. Some of its key focus areas include nutrition and health, sustainable production, retail and food service innovation, and dynamic supply chain.

Overall, the article highlights the continued interest and investment in food venture financing, with a focus on technology-driven startups and innovative solutions in the food industry.


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