In foodtech news:

🍔 How 5 food and beverage companies are preparing for a recession. After dealing with more than two years of a pandemic and global supply crises, F&B companies have been looking at what a recession could mean for their businesses. - Food Dive

🛵 DoorDash, Schnucks expands partnership to target rapid delivery. Schnuck Markets and DoorDash have expanded their prepared food delivery partnership to target faster delivery times, with orders arriving in as little as 30 minutes. - Food Dive

🇳🇱🐷 Cultivated meat company, Meatable, showcases profitable opportunity for Dutch foodtech sector. The NL is one of the world's largest agricultural producers, exporting $67B worth of produce each year, but its livestock concentration (highest in the EU) disrupts the NL's emissions goals. Dutch cultivated meat companies, like Meatable, might have the solution to cut back emissions. - Forbes

Latest foodtech deals

Select deals from last week:

🇺🇸 Cirkul, a US-based functional beverage company, became a unicorn following a $70M Series C.

🥤 Launched in 2016, Cirkul produces over 50 flavor cartridges that can be inserted in its water bottles. According to the company, its business have grown over 150% since the company has launched.

🇺🇸 NutriSense, a Chicago-based personalized nutrition company, raised $25M in Series A funding to drive growth.

Other notable foodtech deals from around the globe: 

🇨🇦 Milk Moovement, a Canadian diary supply-chain management company, closed a $20M round led by VMG Catalyst.

🇺🇸 Blue Ocean Barn, a California-based company developing seaweed-based digestive aid for cattle, raised $20M Series A.

🇩🇪 Bringoo, a Germany-based ultrafast grocery delivery service, bagged €5M Series A to expand the company across Germany.

Read up on all the latest foodtech deals in Dealroom.co

Tip of the week

🔎 Finding the right investor

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Dealroom.co's 2022 Investor Rank is the most comprehensive data-driven ranking of the best VC investors in EMEA. We just released a new report, uncovering new insights into the venture capital landscape, underlying data, trends, and methodology.

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Ivan Draganov

Senior Innovation Analyst
Dealroom

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