Select deals from last week:
🇬🇧 MoA Technology, a UK-based agri-biotech startup, raised $44M in Series B funding to develop a herbicides alternative. Weeds have developed resistance to the current generation of herbicies that have been using the same set of chemistries for years. MoA Technology is one of the 4 foodtech spinouts from Oxford University.
🇪🇸 CoverManager, a Spanish restaurant booking tool, raised €35M at €150M valuation from a group of angel investors. More than 6,000 restaurants in 25 countries already use CoverManager.
🚚 Now that restaurants are open again, customers are relying less on food delivery and ready to dine out. Find out how this trend is changing the food delivery sector. 👈
Other notable foodtech deals from around the globe:
🇨🇦 WeCook, a Canadian meal kit delivery company, secured $40M cash against document (CAD) financing to expand across Canada.
🥙 Following the Covid-19 lockdowns, meal kit delivery companies have experienced tremendous growth. However, rising food prices might make some customers second guess if they like to pay a premium for meal kits.
🇫🇮 Huuva, a Helsinki-based virtual restaurants company, raised €4.9M in Seed capital to expand across Central Europe. Huuva hosts several restaurants at their kitchens, which makes it possible to deliver to customers in one order. It has already partnered up with top Finnish restaurants Via Tribunali, Green Hippo and Pupu.
Read up on all the latest foodtech deals in Dealroom.co
