Food Venture Financing News - Weekly Issue No. 222

Davis Wright Tremaine LLP
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Davis Wright Tremaine LLP

In This Issue:

  • Food Venture Financing Trends
  • CPG Corporate Venture and Private Equity Funds

  • Lever VC announced that it completed a first close of $50 million for a new fund dedicated to early stage agrifoodtech startups.
  • Avisomo, an automated vertical farming startup, raised 5 million Euros in recent funding.
  • Agurotech, an agritech startup that focuses on data efficient solutions, raised 2.25 million Euros in capital.

CPG Corporate Venture and Private Equity Fund

This week's featured corporate venture and private equity fund is AF Ventures.

  • AF Ventures (formerly AccelFoods, founded in 2013) manages over 30 portfolio brands across the consumer landscape of food & beverage, health & wellness, beauty, personal care, and pet. AF Ventures offers its portfolio a proprietary suite of resources to achieve large-scale impact, improving the health of future generations.
  • Portfolio companies include:
    • Cirkul
    • Jinx
    • Source
    • Yumi
  • AF Ventures invests in visionary founders building authentic, next-generation consumer brands driving omnichannel innovation.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Davis Wright Tremaine LLP

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