💸 $40 million Food and Health fund

Catch up on this week's 10 funding rounds

💰 Food e-commerce startup GrubMarket secured $50 million Series G funding at a post-money valuation of over $3.5 billion, aiming to expand its AI-driven technology for food supply chain management while continuing its rapid growth and acquisition strategy in the $1 trillion food distribution market.

💵 Bread and Butter Ventures closed its Fund IV at $40 million to continue investing in seed-stage foodtech, digital health, and enterprise SaaS startups, backed by institutional investors like Allina Health, Fifth Third Bank, and the Shakopee Mdewakanton Sioux Community.

🇪🇸 The Spanish regional government of Galicia launched an €18 million public-private initiative to boost plant-based protein production, including funding for ingredient company Inproteins to extract proteins from pulses.

🍫 GoodSam Foods raised $9 million Series A funding to expand its team, launch new products, and continue direct trade with smallholder and indigenous farmers, bringing high-quality cocoa products from Colombia to the US through its regenerative supply chain.

🚀 Ignite20 Ventures is launching a $7 million venture fund and accelerator to support 20 early-stage CPG startups annually in food, beverage, health, beauty, and pet care, offering $50,000 investments, mentorship, and a 12-week hybrid program culminating in a demo day.

🚢 Catchwise secured €1.25 million pre-seed funding to transform the wild fishery industry with AI-driven predictive analytics, helping fishing vessels to reduce their fuel consumption and optimise their operations.

🐟️ Swedish startup Hooked Foods raised SEK 8.4 million to support new plant-based product launches and expand its operations whilst improving production efficiency and profitability.

🇫🇷 French startup AuraLIP completed its first funding round to accelerate the development of its fermented hemp seed-based Low Impact Protein, leveraging a sustainable process that enhances texture, umami flavor, and nutritional value for applications like meat alternatives.

🌱 British agritech startup Elaniti secured funding to advance its AI- and DNA-powered soil microbiome intelligence tool, designed to help farmers optimise productivity and transition toward sustainable, regenerative agriculture.

🌾 Murdoch University received investment from the Grains Research and Development Corporation for two research projects aimed at improving profitability and sustainability for Australian grain growers, including biodegradable smart sprays to enhance water efficiency and cold plasma treatments to boost wheat and canola growth.