PeakBridge and EIT Food have launched PeakBridge FoodSparks® SCSp, a new seed fund for European agrifood-tech startups.

Global fund manager PeakBridge joins EIT Food, the world’s biggest Agrifood Innovation Ecosystem, in launching the FoodSparks® fund. This new fund will invest in pan-European seed and early-stage startups to offer access to strategic capital and support with scaling up. It also aims to work towards innovative solutions to some of the world’s most pressing problems in food production, supply and sustainability.

The fund will offer up to €30M of investment to about ten startups per year for up to four years. The companies to receive investment will all be domiciled in Europe/EFTA and Israel, have protectable and scalable technology. They also have to align with EIT Food’s mission of making the food system more sustainable, healthy and trusted.

The startups and entrepreneurs included in the fund will also have access to advice and mentoring from the wider EIT Food community, allowing them to benefit from decades of food experience and knowledge.  

FoodSparks® will be headed by Managing Partner Yoni Glickman with some of its investors Ordway Selections, CPT Capital, Givaudan, Puratos and Gullspång Re:food. With this, portfolio companies will benefit from a wide range of potential co-investment and follow-on investment opportunities.

For more information, you may email foodsparks@peakbridge.vc.

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Farms, Labs and Beyond: Fixing a Broken Food System

• Date: 29th June 2021

The past decades in food production have seen a move in one direction only: towards a growing worldwide entanglement along the nutrition value chain. But this chain is being challenged – by changing consumer demands, by new technologies and, lately, by the pandemic.

Consumers are becoming increasingly aware of the multiple facets of sustainability, from ethical standards to responsible manufacturing, and are demanding more control over the provenance of the products they buy. At the same time, climate change, shrinking farmland and a growing world population are putting pressure on traditional methods of food production and distribution.

When it comes to meeting the challenge of feeding nine billion people while preserving the natural environment, innovation will be key. Already, startups and established companies alike are implementing novel ways to produce, process, distribute and recycle our daily bread. Plant-based meat has made its way onto supermarket shelves. Thanks to significant investment, scientists in laboratories around the world are recreating our nutrition, from dairy to meat. Is cellular agriculture the future of food?

At the 1st International Food Innovation Conference, we will introduce you to cutting-edge research, revolutionary new business models and smart thinkers, presenting the latest in food innovation.

Event organised by :

SFNV Members Discount

As a partner of this event, the Swiss Food & Nutrition Valley offers 25% discount for its members. To claim your discount code, please contact us at info@sfnv.ch.

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