Find Out Which Trends We're Forecasting for 2021, Save the Date for our Upcoming Innovation Forum, and More

Welcome to the February FoodBytes! Bulletin.

Our trend report is officially out and forecasts front-runners for 2021, including the next frontier of nutrition, sustainable packaging growth, supply chain digitization and much more. Plus, read the investment trends that FoodBytes! Global Head Anne Greven predicts via Food Business News, save the date for our next Innovation Forum (Feb. 24), and don't miss the latest round of alumni fundraising. Let's dive in.

Our 2021 Innovation Trend Report is officially live! We're sharing predictions for what will continue to drive sustainable change and highlighting startup alumni that are at the cutting edge of these trends.

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Don't miss our next Innovation Forum, where we'll be exploring the topic of improving resource management. Our bi-monthly Innovation Forums include 40 minutes of panel discussion and 20 minutes of audience Q&A.

"The pandemic exposed the fragility of our food system. Whether it was corporate direct investment or special venture funds, we saw more money moving toward entrepreneurs who are solving big problems in the food system." Read the article for an in-depth look at exactly which trends are pioneering the way forward.

Swiss DeCode raised $4M in venture funding from New Protein Capital and EIT Food for the development of the company's rapid on-site food testing and certification platform.
Imperfect Foods raised $95M in Series D funding led by Insight Partners and Norwest Venture Partners to double capacity and product assortment in existing facilities, accelerate its private label program and more.
Phospholutions raised $10.3M in a Series A funding led by Continental Grain Company, a FoodBytes! member, to focus on building a farmer network and new partnerships.
Agriwebb raised $22.9M in a Series B led by TELUS Ventures. The funding will be used to invest in product features, including an unprecendented individual animal management platform, and tools to manage the carbon footprint of livestock production.
Cropin raised $20M in a Series C led by ABC World Asia. The capital will go towards global expansion, while continuing to innovate on its machine-learning based predictive analytics platform, SmartRisk.
New Wave Foods raised $18M in a Series A led by New Enterprise. The funds will be used to scale up production, expand the company's sales and marketing efforts, develop future products and add to its team.
Thistle raised $10.3M in a Series B led by Powerplant Ventures, to launch new customer offerings including complimentary virtual consultation with their in-house registered dietician.
Air Protein raised $32.11M in a Series A led by FoodBytes! member ADM Ventures, Barclays and GV. The funds will be used to launch an innovation R&D lab, accelerate product development and commercialization, and to recruit and build a world-class team.
Alchemy FoodTech raised a 7 figure US dollar amount in a bridge round led by Thai Union. The funding will be used to scale up its production capacity and expand into new markets, focusing on China

Applications for FoodBytes! Pitch don't officially open until April 5 - but you can get a head start on your application now! Our handy interest form lets you pre-apply now or save for later. Simply create your account to start.

FOODBYTES! GIVEAWAY: Comment which innovation trends you're forecasting as front-runners for 2021 and you could win a sample box filled with FoodBytes! Pitch startup goodies.

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