Bread & Butter
Proud to back Alexander T. and Stan N. and the rest of the Mammaly team on their mission to become the European category leader in the fast growing space of functional treats and supplements for pets 🐶
Targeting key health issues of dogs like dental and digestive problems, Mammaly develops fun and functional snacks that help pet parents to support the health of their trusted companions.
Read more on the deal on Tech.eu and on why we invested here.
2021 has finally come to an end. It was a though year but what doesn’t kill us makes us stronger. Here’s how:
A new fresh €180m to back category-defining and impactful food companies in Europe 💰
1 exit to Kraft Heinz (hopefully I had stocked up some Just Spices pots at home!)
7 new food tech companies added to the portfolio bringing the total to 16 across Switzerland, France, Italy, UK, Germany and Portugal
7 follow on up-rounds
c. 1300 FTEs employed by our portfolio companies 🧑🤝🧑
2 new members joined our team in Paris: Mehdi, our new CFO and Micol, our head of Responsible and Impact Investing. Aren’t they lovely?
This year, we invested in more than seven companies. Read again why we invested in Just Legends, Pyxo, Air Up, The Nu Company, Her1, Vly and Barkyn.
We also wrote insightful pieces on: The future of No&Lo 🍸, What’s next in e-grocery 🛒 and Our meatless future 💚
Louis will be attending the meeting of La Foodtech Grand Est in Strasbourg on the 27th of January alongside other investors like Capagro to discuss the topic “Financing and Fundraising”. For all foodtech startups (and choucroute lovers), register here!
With a new year, comes new prediction 🔮
Here are the most relevant ones:
The seven trends shaping the future of grocery, restaurants, food & bev and DTC brands by Grocery Dive, Restaurant Dive, Food Dive and Retail Dive
Top 10 plant-based trends for 2022 by Abillion
A very insightful piece on precision fermentation coming to the rescue of meat alternatives
But this list would be missing something without a word on NFTs and web3 coming to foodtech. Meet Cafeteria, a curated community for people passionate about food, structured as a DAO. Thingtesting also wrote about the way DTC brands are leveraging NFTs to engage consumers.
Happy reading 🤓