1. Peakbridge Closes $187M FoodTech Fund:
- Peakbridge, a European venture capital firm, has closed a $187 million fund focused on investing in FoodTech startups.
- The fund will target early-stage companies across the food value chain, from agriculture to food processing and distribution.
- Peakbridge aims to support innovative technologies and solutions that can address global food system challenges.
2. Niqo Robotics Raises $13M:
- Niqo Robotics, a French startup developing robotic solutions for the food industry, has secured $13 million in funding.
- The investment will be used to accelerate the development and deployment of Niqo's robotic systems, which are designed to automate various food processing tasks.
- The company's technology aims to improve efficiency, consistency, and food safety in the food manufacturing sector.
3. Unilever Tests Animal-Free Eggs and New Culture Scales Animal-Free Dairy:
- Unilever, the consumer goods giant, is testing animal-free eggs developed by a startup called Eat Just.
- The company is exploring the use of these plant-based eggs in its food products, as part of its efforts to reduce its reliance on animal-derived ingredients.
- Separately, New Culture, a startup focused on animal-free dairy products, has announced the scaling of its production capabilities to meet growing demand for its animal-free mozzarella cheese.