In this issue:
Financing trends of food companies
Meat foodsa fungus-based alternative meat company, announced that it raised $150 million in its Series C round. The company plans to use a portion of the funds to open a new production facility that will expand its presence at national level.
Cargill and Continental Grain Company bought Sanderson Farms for $4.53 billion. The parties plan to combine Sanderson Farms with Wayne Farms, a subsidiary of Continental Grain, to create a new poultry business.
Losea SAAS-based AI tool that helps brick-and-mortar stores and CPG manufacturers with product placement optimization, announced that it raised $30 million in its Series B round .The round was led by Tiger Global.
CPG Corporate Venture and Private Equity Fund
This week’s featured CPG Corporate Venture and Private Equity fund is Farm2050.
Farm 2050 was co-founded by Innovation Endeavors and Finistere Ventures in California. Farm2050 is a collective of diverse partners: a complete ecosystem. It is committed to advancing the future of food by supporting AgTech entrepreneurs and startups. This venture capital fund has established a track record of success investing in some of the most innovative and fastest-growing early-stage food and beverage companies.
Links to relevant content and events
ARTICLES
EVENTS AND OPPORTUNITIES
Naturally Bay Area: 4th Annual Pitch Slam
Thursday, July 28 | 12:00 PM – 2:00 PM PT
Seven finalists who will face the 4th Annual Naturally Bay Area Pitch Slam.
These entrepreneurial founders will pitch their best in front of judges and the audience for a chance to win the grand prize package that includes $5,000 in cash (courtesy of Aspect Consumer Partners), a booth at Expo East (courtesy from New Hope Network), a suite of professional services and the opportunity to step onto the national stage in the semifinals of the Expo East Pitch Slam! In addition, one additional finalist will also win the opportunity to pitch in the semifinals of the Expo East Pitch Slam.
Naturally North Bay: Intricacies of SEO
Thursday, August 2 | 12:00 PM – 1:00 PM PT
Join this webinar to better understand the intricacies of Search Engine Optimization (SEO). Trevor Loeschen, Channel Executive at Waterdrop Digital, will show you how to generate more leads, sales and revenue by becoming the obvious choice in search results. These topics will be discussed:
How SEO Works The Correlation Between SEO and Your Business Success What Type of SEO Is Right for You A Focused Approach to Your Business Goals
Speaker:
Trevor Loeschen, Channel Executive at Waterdrop Digital
Naturally San Diego: Sales Forum: Activating Retail Shopper Marketing on a Budget
Wednesday, August 3 | 16:30 – 18:30 PT
This discussion will focus on how to support shelf sales velocity while stretching dollars most efficiently.
Adam HertelPresident and Founder of Summit Sales Consultancy i Danny PhamDirector of Strategy and Innovation of STN Digital will direct the conversation.
At DWT, we are proud to have one of the largest Legal practices of food + drinks in the country, with more than 40 lawyers representing food innovators, entrepreneurs and investors at all levels of the food chain, from farm to label.
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