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Welcome to the March FoodBytes! Bulletin

Membership for our Pitch program is about to kick off - if you're a corporate, investor, or service provider, this is your last chance to join us for 2021. Plus, our fearless leader Anne Greven weighs in on startup lessons learned, Food Navigator's Elizabeth Crawford covers our most recent forum on improving resource management, registration for our next FoodBytes! Forum on April 27 is officially open, and we've rounded up the latest month of alumni fundraising. Let's dive in. 



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The Rise of Transparency in the Food Supply Chain

Join FoodBytes! Global Head Anne Greven on April 27 in a conversation with FoodBytes! Pitch member CGC Ventures and FoodBytes! alumni Bushel.  They will discuss transparency in the supply chain and how digitization and traceability can help us usher in a new era of resilience.

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Startup Lessons Learned

“The idea could be great, but if you haven’t thought through how to actualize it, it doesn’t really matter.”
Read more lessons from Anne Greven and learn from startups like Farmer’s Fridge and Imperfect Foods in this in-depth article. 

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CPG brands need to front the costs to overhaul the food system, but consumers will pay in long term 

Food Navigator’s Elizabeth Crawford covers our latest virtual forum on improving resource management.

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  • March 2 - SomaDetect raised $6M of Series A funding led by Ag Capital Canada. The funds will be used by the company to bring its technology to more farmers in Canada and the U.S. 
  • March 2 - Therma (CoInspect) raised $10.2M of venture funding led by Deciens Capital. The funds will be used to scale its mission to combat climate change by eliminating food waste, energy inefficiency, and refrigerant emissions across the $1 trillion global refrigeration cold-chain.  
  • March 1 - Mazen closed the first tranche of their seed round totaling $2M. The round was led by Next Level Ventures.
  •  Feb. 26 - Outcast raised $7.9M of venture funding led by District Ventures Capital. 
  • Feb 24 - NovoNutrients raised $6.27M of venture funding from undisclosed investors. 
  • Feb. 17 - Bonumose raised $9M of Series B funding led by ASR Group and Hershey. The funds will be used to develop the first commercial-scale tagatose and allulose production plant and to advance the development of products in its R&D pipeline.  
  • Feb. 17 - RISE Brewing raised $11.3M of venture funding from undisclosed investors. 
  • Feb. 16 - Redefine Meat raised $29M of Series A funding led by Happiness Capital and Hanaco Venture Capital. The funds will be used to build a large-scale pilot factory and begin sales later this year, expand its meat portfolio and support its commercial launch and international growth in 2021. 
  • Feb. 1 - CellulaREvolution raised $1.36M of venture funding from investors including Northstar Ventures, CPT Capital and SETsquared Partnership.
  • Feb. 1 - Future Meat raised $26.75M of Series B funding from investors including Tyson Ventures, Rich Products and Müller Gruppe. The funds will be used to scale up the company's production and accelerate research and development. 


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Are you a startup working on cutting edge techonologies in the F&A space? Applications for FoodBytes! Pitch open in a month, but you can get a head start now! Our handy startup interest form lets you pre-apply now or save for later. Simply create your account to start.

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