Overview: Nestlé has sold its Blue Bottle Coffee business to China-based Centurium Capital. The deal includes Blue Bottle’s cafes and CPG business, while Nestlé retains the rights for Blue Bottle’s single-serve Nespresso pods. Centurium Capital, the biggest stakeholder of China’s…
Tag:
capital
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Key Points: Food tech startup funding slowed significantly in Q1 as investors shift focus to AI. $1.4 billion invested in food tech sector across 202 deals in Q1, a 50% drop in capital. Investor interest in food tech declining, with…