The top 25 U.S. food and beverage companies lost an equivalent of $18 billion in market share between 2009 and 2016.
Venture capitalists are shelling out billions hoping to transform agriculture and scale food ventures that reduce waste and use of synthetic chemicals, conserve resources, accelerate distribution, and improve population health. While venture investment in the food sector seems to be slowing, exits and capital raises continue to abound and gain massive recognition. We’re seeing companies like Justin’s Peanut Butter sell to industry giant Hormel for $286 Million, local tech businesses like ezCater raise upwards of $70 Million across multiple funding rounds to bring food to corporate office spaces, and industry leaders Campbell Soup, General Mills, Coca-Cola, PepsiCo and others establishing VC funds to acquire entrepreneurial brands that meet Millennials’ demand for high-quality products.
The food movement is here, it’s not slowing down, and startups are launching locally and globally signaling a certain shift in how our planet eats.
Join Branchfood as we bring together food venture investors across the food and foodtech industry to discuss financing food businesses, opportunities for innovation in food, market trends, and how to launch and grow a successful food business. At this event you’ll get to connect with food industry mentors, advisors, investors, and more, and sample awesome food products too!
More details and tickets HERE.
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