In foodtech news:

🍔 Food Is Not Tech: Stop Comparing Meat Alternatives To Energy And Cars. Forbes Contributor, Michael Simon, details why Foodtech companies should avoid branding alt. meat like other pricey sustainable sectors,  but instead tap into food's accessible and universal appeal. Forbes

👸🏻 Anne Hathaway invests in food tech company The EVERY Co. which uses fermentation to create animal-free protein. American actress, Anne Hathaway, has invested in a food tech company which aims to transform the food system by creating animal-free protein. Food & living Vegan

🐷 China’s Bid to Improve Food Production? Giant Towers of Pigs. High-rise hog farms have sprung up nationwide as part of Beijing’s drive to enhance its agricultural competitiveness and reduce its dependence on imports. The New York Times

Latest foodtech deals

Select deals from last week:

🇺🇸 Instant grocery delivery company JOKR raised about $50M in a Series C investment on a $1.3b post-money valuation.

🇺🇸 Meati Foods announced that it has received $22M in Series C+ financing, led by Revolution Growth and followed by Rockefeller Capital. Meati Foods is a plant meat developer, using mycelium tech to produce nutritious plant-based meat substitutes.

🇺🇸 Therma, a cooling intelligence platform combating food and energy waste, announced a $19M Series A.

Other notable foodtech deals from around the globe: 

🇨🇦 New School Foods, a Toronto, Canada-based plant-based seafood producer, raised $12M in Seed funding.

🇺🇸 Seattle-based vegan food startup, Rebellyous Foods, has raised $10M in new funding, bringing its total funding to more than $30M.

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

Tip of the week

🍽 The State of European Foodtech 2023

Is food delivery past its sell by date, and is there a fresh appetite for alternative protein and functional beverages? Some big shifts are underway among European foodtech startups and funding. With Five Seasons Ventures, our annual report dives into the state of the ecosystem, in data.

Dive in

🚜  Top 100 Agritech Startups to Watch

🏆 Top 100 Foodtech Startups to Watch

💸 The Fastest-Growing Foodtech Hubs

🍹 Non-Alcoholic Beverage Startups

Ivan Draganov

Senior Innovation Analyst
Dealroom

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