Select deals from last week:
🇺🇸 Daring Foods, a plant-based chicken company, raised $65 million Series C. Founded in 2018, the company has already raised $113 million in 3 funding rounds since September last year. The company also announced launching their products in 3,000 Walmart locations. This doubles Daring Foods' retail presence, Fooddive reported. Its products can already be found in Whole Foods, Sprouts Farmers Market, Korger and online retailers such as Gopuff and Imperfect Foods. There's now abundance of plant-based meat consumer products on the market. Find 170+ plant-based meat startups in this interactive landscape.
🇦🇪 Pure Harvest Smart Farms, a UAE-based vertical farming company, raised $64 growth equity to accelerate product development. The company currently operates three vertical farms in the desert in the UAE. It has two more vertical farms under development in Saudi Arabia and Kuwait. The company claims their technology is 7x more efficient than typical greenhouse farms in the desert and 30x more efficient than traditional field farms. Following this round, Pure Harvest Smart Farms is one of the most funded vertical farming startups globally.
Other notable foodtech deals from around the globe:
🇮🇳 DeHaat, an India-based end-to-end farm management company, raised $115 million Series D. This is the largest agritech funding in India in 2021. DeHaat helps farmers source inputs such as fertilizers and seeds, and find buyers for their produce
🇺🇸 California-based Shiru secured $17 million Series A to develop plant-based food ingredients. It is one of the 166 startups that enable alternative protein consumer products.
🇺🇸 RealEats, a NY-based meal kits delivery service, raised $16 million Series A to expand across the US and move in a new facility. Explore how it compares to other meal kits delivery startups in this interactive landscape.
Read up on all the latest foodtech deals in Dealroom.co
Foodtech exits:
🇧🇴 The food delivery and ride-sharing app Yummy acquired Yaigo, a Bolivia-based logistics services company, to accelerate its international expansion. Yummy, which raised $18 million 11 days ago, operates in Venezuela, Peru and Chile. It is now expanding to Paraguay and Bolivia, where Yaigo already operates.
🇺🇸 Coca-Cola acquired BodyArmor, a sports drink producer, for $5.6 billion. This is the Coca-Cola's largest acquisition ever. BodyArmor has sales in excess of $1.0 billion, Fooddive reported. The acquisition fits with Coca-Cola's strategy to become a "total beverage company".
Read up on all the latest foodtech exits in Dealroom.co
