In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Funds
- Links to Relevant Content and Events
Food Venture Financing Trends
- De Novo, a startup that creates protein-based functional ingredients using microbial fermentation, to accelerate commercialization of NanoFerrin, the company’s flagship product, following a $4 million fund raise.
- David, a platform that designs tools to increase muscle and decrease fat, today announced a $10 million seed funding round.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is 7-Ventures.
- 7-Ventures, LLC, is the 7-Eleven® corporate venture arm focused on discovering, partnering, and investing in startups that complement 7‑Eleven’s mission of convenience.
- Portfolio companies include:
- Super Coffee
- BellyCard
- KeyMe
- PayNearMe
- 7-Ventures invests in early-stage food and beverage businesses as well as convenient services to anticipate and respond to ever-changing consumer demands. Its portfolio companies gain access to the 7-Eleven business system, offering guidance with commercial distribution, operations support, product development, marketing, insights, and analytics.
Links to Relevant Content and Events
ARTICLES
- Florida’s Cultivated Meat Ban Faces Constitutional Challenge in Federal Court
- Ever After Foods Receives $10 Million Investment
- Global Venture Capital Firm Partners With Calbee
- Bolt Threads Completes Merger, Begins Trading on Nasdaq Under “BSLK”
UPCOMING EVENTS
Naturally New England
Newtopia Happy Hour presented by Withum
Monday, August 26 | 4:00 p.m. – 6:00 p.m. ET
Location: Colorado Convention Center, 700 14th Street, Denver, CO
This is an opportunity to meet and connect with New England's growing food startup and innovation community including founders, industry leaders, investors, retailers, and more.
Naturally New York
Sunset Sips
Thursday, September 5 | 5:00 p.m. – 7:30 p.m. ET
Location: Prime: An American Kitchen & Bar, 78 Southfield Avenue, Stamford, CO
Join Naturally New York for their first happy hour in Stamford, CT, to wrap up the summer together. Enjoy complimentary food and beverages while mingling with fellow members of the CPG industry.
Naturally Austin
Facility Tour - PrepATX
Tuesday, September 10 | 8:00 a.m. – 9:30 a.m. CT
Location: PrepATX Commercial Kitchens, 1300 East Anderson Lane, Austin, TX
PrepATX is a premier commercial kitchen space in Austin focused on helping emerging brands access the space they need to scale their businesses. We will see behind the scenes, meet some of the founders, and watch them in action.
Naturally New York
Founder Workshop: Getting Ready for The Exit
Tuesday, September 10 | 3:30 p.m. – 6:30 p.m. ET
Location: Corient Office, 101 Park Ave - 31st Floor, New York, NY
CPG Founders are appropriately focused on growing their companies and getting them to a point where an exit can make sense. But when should they start thinking about their own personal financial planning, and what are the issues they need to be aware of, and the challenges they will face?
Join David Spungen and Adam Katz, Partners at Corient, for an intimate discussion about the steps Founders can take to set themselves up for financial and personal success post-transaction. You'll hear from a panel of Founders who have been through the process to share their experiences and observations. QSBS rules and planning opportunities will be a significant part of the conversation.
Speakers:
- Adam Katz, Partner & Wealth Advisor at Corient
- David Spungen, Partner & Wealth Advisor at Corient
Naturally San Diego
Coffee + Convos at Suja Life HQ
Thursday, September 12 | 9:00 a.m. – 10:00 a.m. PT
Location: Suja Life, 3831 Ocean Ranch Blvd., Oceanside, CA
Join your fellow San Diego natural products community members for an in-person meet up at Suja Life HQ. This is your chance to meet, mingle and talk shop with one another in Naturally San Diego while enjoying your morning coffee.
Coffee + Convos is always free for members, and $20 for non-members.