Select deals from last week:
🇨🇭 Planted Foods, a Swiss plant-based meat company, raised $72M in Series B funding led by L Catterton, one of the largest PE firms in the consumer space. In May this year, Planted Foods doubled its production capacity to one ton of plant-based meat per hour. With this new capital injection, the company plans to scale further internationally in 2023.
🌿 There are 178 companies working on plant-based meat productions globally.
🇮🇱 Lab-grown meat maker Aleph Farms received $40M to advance R&D in the next 5 years through the initiative AIM for Climate. The initiative was launched last year at the UN Climate Change Conference in Glasgow.
🥩 There are 43 startups working on lab-grown meat, all of which were launched since 2015. There is only one unicorn in the category, so far - UPSIDE Foods.
Other notable foodtech deals from around the globe:
🇺🇸 Neutral, a US-based carbon-neutral company producing organic milk, raised $12M in Series A funding. Neutral was selected as one of Dealroom's Top 100 Agritech companies to watch.
🇩🇰 Motatos, a Copenhagen-based marketplace for soon-to-expire food, raised €38M to accelerate growth in key markets the United Kingdom and Germany.
🇳🇴 TotalCtrl, an Oslo-based waste management software company, bagged $1.5 million in Early VC funding.
♻️ Explore 125 startups tackling food waste, including 13 startups working on waste management software and 24 marketplaces for soon-to-expire food.
Read up on all the latest foodtech deals in Dealroom.co
