Singapore-based TreeDots gets $11M Series A to cut food waste in Asia

Every year, tons of food ends up in landfills because of cosmetic issues (they won’t look nice in stores) or inefficiencies in the supply chain. Singapore-based TreeDots, which says it is the first food surplus marketplace in Asia, wants to help. The company is focused on creating a vertically integrated supply chain with a B2B […]

Made of Air, a maker of ‘carbon negative’ thermoplastics, locks in $5.8M

Berlin-based climate tech startup Made of Air has closed a €5 million (~$5.8 million) seed funding round, led by Norwegian sustainability-focused family fund, TD Veen. Also participating are Patrick Pichette (former CFO of Google and chairman of the board of Twitter), EQT Group, Thomas Von Koch (CEO & co-founder of EQT Group), Tuesday Capital, the […]

Five Seasons Ventures pulls in €180M fund to tackle human health and climate via FoodTech

FoodTech is booming in Europe and is growing exponentially. In 2020, €3 billion went into European FoodTech companies (State of European Tech Report, March 2021), and the pandemic has accelerated demand as consumers have shifted to grocery delivery. The industry has also been affected by the rise of direct-to-consumer food brands. Finally, the pandemic created […]

Grocery delivery startup Membo is hungry to build a Europe-wide, local food producer network

Estonia-based Membo — which is backed by Y Combinator and will be presenting at the incubator’s Summer 2021 Demo Day next week — is aiming to take a slice of the premium end of grocery shopping in Europe and a bite out of supermarket giants’ continued dominance of the traditional weekly food shop.  On-demand food […]