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…
Tag:
venture
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Dive Brief: Darling Ingredients is launching a new venture called Nextida, in partnership with Tessenderlo Group, to focus on collagen and gelatin businesses. This move aims to provide food companies with opportunities to enhance the health attributes of their products.…
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Dive Brief: General Mills has announced the closure of its in-house innovation unit, G-Works, and a temporary halt on additional investments by its venture capital arm, 301 Inc. The company is reevaluating its approach to new growth initiatives, according to…
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Former Poultry Growers Sue Cooks Venture Leadership for Deceptive Practices Thirteen former poultry growers have filed a lawsuit against the leadership of Cooks Venture, accusing them of engaging in deceptive and unlawful conduct. The growers claim to have lost hundreds…
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David: A New Food-Tech Startup Betting on Protein-Fueled Foods Founder of RXBar, Peter Rahal, is taking a bold step with his new food-tech startup, David, by placing a big bet on the growth of protein-fueled foods. Last week, David announced…