Unleashing the Hottest Foodie Investment Trends – This Week’s Game-Changing Fund Revealed!

Exploring the Latest Trends in the Food-Tech Industry

Bid Exchange Capital: Venture Capital Madness in the Food Industry

The food-tech industry is experiencing a wave of venture capital investment, with an increasing number of firms targeting investments in the global food sector. Supply Change Capital recently closed its first fund at $40 million in capital commitments, aiming to support innovative startups in the food industry.

Supply Change, a Latina-owned firm, has already made 15 investments in companies such as Engage Food, Microma, and Aqua-Cultured Foods. Another player in the field is Joyful Ventures, which debuted with $23 million in funding specifically focused on sustainable protein startups.

Despite a 44% decrease in global investment in foodtech and agtech startups compared to the previous year, amounting to $29.6 billion in 2022, the industry shows promising signs for the future.

Brevel: Pioneering Microalgae-Based Alternative Proteins

In the quest for sustainable protein alternatives, Brevel has raised $18.5 million in funding to develop microalgae as a viable protein source. The company aims to convert microalgae into a protein powder that can be used as a key ingredient in various food products, contributing to the growing trend of alternative proteins.

Exploring the Latest Developments in the Food-Tech Market

Cultured Beef: Aleph Farms Introduces European-Grown Meat

Aleph Farms, an Israel-based company, is preparing to sell European-grown meat products made from cultured beef. With innovative technologies, Aleph Farms aims to offer consumers an environmentally friendly alternative to traditional meat production.

New Offerings at Whole Foods Markets: Real Vegetables and Plant-Based Sushi

As plant-based food gains popularity, actual vegetables and Conscious Foods are expanding in Whole Foods Markets. Real Vegetables has experienced remarkable growth of over 300% in the past year, while Conscious Foods is debuting its frozen plant-based sushi. This highlights the increasing demand for plant-based options in supermarkets.

Egg Quote Growth: I! Egg Launches Nationwide

I! Egg, in partnership with Veggie Grill, has launched its plant-based eggs nationwide as an alternative to traditional eggs. This move comes amid a rise in the prices of traditional eggs, driving consumer interest in plant-based alternatives.

MycoWorks Introduces Plastic-Free Leather Alternative for Luxury Fashion Brands

MycoWorks has developed a plastic-free leather alternative produced from mushrooms. This sustainable and innovative alternative has caught the attention of luxury fashion brands seeking to reduce their environmental impact.

Gordon Ramsay Explores Vegan Ramen: Collaboration with Vegan Ramen Brand

Gordon Ramsay, the celebrity chef, has partnered with a vegan ramen brand to offer plant-based ramen dishes. This collaboration showcases the growing popularity of plant-based options in culinary circles.

RTD High Brew Acquired by Beliv: Exploring the Ready-to-Drink Coffee Market

Beliv has acquired RTD High Brew, a prominent cold brew coffee brand. This acquisition further signifies the rise in popularity of ready-to-drink beverages, offering consumers convenient and high-quality coffee options.

Summary

The food-tech industry continues to experience significant investments and advancements. Venture capital firms like Supply Change Capital and Joyful Ventures are driving innovation by supporting startups in the global food industry. Additionally, companies like Brevel are pushing the boundaries of alternative protein sources with their microalgae-based protein powder. The rise of plant-based options in Whole Foods Markets and the introduction of plastic-free leather by MycoWorks further demonstrate the industry’s commitment to sustainability. As consumer preferences shift towards eco-friendly and ethical consumption, the food-tech industry remains a hotbed of innovation and investment.

If you’re adventurous with your food, or just like to keep up with the fast-moving food-tech industry, here’s a roundup of this week’s stories and some notable news we couldn’t cover.

Bid exchange capital

The VC madness we’ve seen all year has reached the food industry. This week I wrote about supply exchange capitalwhich closed at $40 million in capital commitments for its first fund, targeting investments in the global food industry.

The Latina-owned firm is headed by co-founders and managing partners Noramay Cadena and Shayna Harris, who met 14 years ago in business school.

The firm has already made 15 investments, including in an allergen-free snack company engage foodingredients start microma and alternative seafood Food grown in water.

Supply Change joins firms like Joyful Ventures, which debuted in June with $23 million, focused on investing in sustainable protein startups. Joyful was co-founded by Jennifer Stojkovic, Milo Runkle and Blaine Vess and has made two fund investments, including new school food and Orbillion Bio.

Global investment in foodtech and agtech startups they were 44% lower than in 2021, totaling $29.6 billion last year. Granted, 2021 had record investments in this space, but with all this dry dust on the sidelines, it looks promising for next year.

As seen on TechCrunch

Brevel raises $18.5 million to develop alternative proteins based on microalgae

Microalgae are everywhere, it seems. This week, Brevel announced a large seed round that will go towards developing microalgae into an alternative protein powder that can be used in food.

what else am i reading

Cultured beef, is what is eaten in Europe: Israel’s Aleph Farms prepares to sell first cuts of European-grown meat.

New to the aisles of Whole Foods Markets: real vegetables expands into supermarket chain amid growth of more than 300% in the last year. foods with meat makes its national release in 46 states (here is more about them). AND Conscious Foods its frozen plant-based sushi debuts there.

Egg quote growth: I! Egg launches nationwide through a partnership with Veggie Grill. read our company coverageespecially with regard to the recent rise in traditional egg prices.

soft to the touch: MycoWorks Introduces Plastic-Free Leather Alternative for Luxury Fashion Brands. Read more about our coverage of this company make “leather” from mushrooms.

Gordon Ramsay likes ramen: Gordon Ramsay partners with vegan ramen brand. Look who else has plant based ramen.

Preparing some mergers and acquisitions: Cold brewer RTD High Brew is acquired by Beliv. Ready to drink is great; read more.

If you have a juicy tip or lead on what’s happening in the food tech and business worlds, you can contact Christine Hall at chall.techcrunch@gmail.com or Signal at 832-862-1051. Requests for anonymity will be respected.