PeakBridge FoodSparks closes four seed investments, from botanicals for gut health to functional mushroom extracts

Foodtech VC company PeakBridge has actually revealed 4 brand-new seed-stage financial investments with its FoodSparks fund: plant-based gelato manufacturer GanEden; useful mushroom essence carbon monoxide KÄÄPÄ Biotech; cooking digitization system SOUS; and gut-friendly botanicals company Evinature.

Launched in 2021 with EIT Food, the EUR30 million ($ 33 million) FoodSparks fund buys pan-European seed and early-stage start-ups in 5 groups: active ingredients technology, alt healthy protein technology, digitalization and food systems 4.0, nourishment & wellness, and alternating farming systems.

To protect financial investment, firms should be domiciled in Europe, EFTA (Iceland, Liechtenstein, Norway, and Switzerland), or Israel; have protectable and scalable modern technology; and straighten with EIT Food’s objective of making the food system much more lasting, healthy and balanced and relied on.

PeakBridge FoodSparks taking care of supervisor Yoni Glickman claimed the start-ups each address “an arising and substantial void in the food industry.”

GanEden (The Netherlands): Reduced sugar, high-fiber, plant-based gelato

Amsterdam-based start-up GanEden is looking for to interfere with the plant-based dairy products sector with a high-fiber pre-mix that can be made use of in plant-based gelato, yogurt and lotion. Its gelato is presently offered in 300+ retail areas in Israel, and prepared to range in the b2b room.

KÄÄPÄ Biotech (Finland): Useful mushroom essences

Taking advantage of expanding need for medical mushrooms, KÄÄPÄ Biotech is an up and down incorporated business releasing ultrasound-assisted modern technology to give useful mushroom essences (chaga, shiitake, lion’s hair, reishi) to wellness brand names in 20+ markets.

SOUS (The Netherlands): Opening brand-new profits streams for cooks and cooking business owners

SOUS is a food and drink business system enabling cooks and cooking business owners to change right into electronic companies with AI-driven consumer connection administration, no-code stores, and incorporated logistics, aiding to open brand-new profits streams past a physical area. In 2 years, SOUS has actually assisted 120+ vendors create EUR10 million ($ 11 million) in step-by-step sales.

Evinature (Israel): Clinically-backed botanicals for intestine wellness

Nutraceutical start-up Evinature integrates herb knowledge with medical roughness to provide intestine wellness items backed by human medical tests. Its front runner item CurQD integrates Qing Dai and turmeric origin essence and is currently made use of by 40+ clinical facilities in the United States to sustain individuals with Inflammatory Digestive tract Condition.

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