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ALT: a bunch of stuffed chickens are sitting on a pile of hay in front of a window

FOOD FOUNDERS Studio has raised an oversubscribed €4 million ($4.5 million) round from family offices and angel investors to build its portfolio’s next two startups. The Switzerland-based venture studio builds foodtech companies around the needs of major manufacturers and their biggest current challenges in food production. This departs from many approaches to foodtech innovation to date, says cofounder Giacomo Cattaneo. “We could spend hours debating what foodtech has been in the last decade, but I think we can all agree that there has been a lot of technology for technology’s sake to excite investors, but not necessarily excite the industry or the consumers.” To remedy that, FOOD FOUNDERS first examines the problems at hand and possible technologies that could help solve them. These may be mere “seeds of opportunity” when FOOD FOUNDERS lands on them and starts building an actual business. Only then does it bring in founders and CEOs. “We build startups for the purpose of bringing that technology to the market,” explains Cattaneo. “We do all of this problem definition upfront, and we keep the corporates engaged in our process of venture building. Once we build the company, the customer is already there.” For example, its initial company,...

Turning sunflower seeds into sustainable, cocoa-free chocolate has netted Munich-based B2B foodtech startup Planet A Foods (formerly QOA) a $30 million Series B funding round. Now, the Y Combinator alum is gearing up for industrialization, with the funds…

Swedish potato milk brand DUG Foodtech has announced a new listing with Carrefour for its plant-based beverage line