Food tech investors Eatable Adventures has announced the launch of its $50 million fund that targets disruptive start-ups in food and agriculture sectors.
The fund, named ‘Eatable Evolution Fund FCR I’, will be used across Europe and Latin America.
The new start-ups taking part in Eatable’s next round of projects will have access to their team who use a hands-on methodology, route to market strategies, industrial scaling and showcasing of products to industrial partners.
The company has already launched “more than 10 accelerator and incubation programs while collaborating as the go-to advisor on open innovation for the leading global food corporations”.
José Luis Cabañero, CEO of Eatable Adventures, said: “Through a variety of initiatives, Eatable Adventures has positioned itself as one of the three most active food tech accelerators worldwide, given our mission of building tomorrow’s food companies. Thanks to Eatable Evolution Fund we will have an even more impactful contribution to the future of the food industry.”
The fund is currently pending approval by the Comisión Nacional del Mercado de Valores (Spanish Securities Market Commission).
© FoodBev Media Ltd 2021
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