Bread & Butter
We are thrilled to share that our portfolio companies won many awards this month ! 🏆
Butternut Box won the annual Food Manufacturing Excellence Awards as the Pet Food Company of the Year 2023.
THIS was recognized as the fastest growing food or drink brand in the UK by the Grocer.
Vly and its Vly Barista won the go2market GmbH product award 2022 in the category of repurchase.
Mammaly was ranked #75 fastest-growing startups in 2022, out of 12000+ German startups.
Koro made it into the FT 1000 ranking the fastest growing startups in Europe and the Foodtech 500 by Forward Fooding.
In other news…
Nucao is now the first chocolate manufacturer to use paper as primary packaging, the ecological footprint of this paper packaging is about 8 times smaller than that of conventional plastic packaging! 💚
We attended the CAGNY (Consumer Analyst Group of New York) Conference 2023 online this year and as usual it was very insightful to better understand the big food players’ strategy. Here are their key priorities:
1. Portfolio rationalisation: focus on the winners 🥇
2. Inflation: how to make the consumer pay for the costs of inflation 🤑
3. Selective M&A: smaller and easier to integrate 🚀
4. Supply chain: how to navigate the food supply chain volatility by insourcing some key activities 👷♂️
👉 Read our analysis here.
Gaetan Kerloc’h will be at the 10th anniversary of the Impact Commission of France Invest on the 13th of March 2023.
Saskia Hoebée will attend the Pet Tech Meetup hosted by Purina Accelerator Unleashed on the 15th and 16th of March 2023 in Linz.
Giancarlo Addario will be a speaker at the Positive Nutrition Summit 2023 taking place on March 29th to 31st 2023 in London.
Alternative proteins:
Future Food Now on experts’ predictions on alternative proteins for 2023
Synthesis Capital on the key milestones for alternative protein adoption to reach S-Curve growth
Clear Current Capital on why it’s time to change the conversation around sustainable foods
McKinsey on consumers caring about sustainability when grocery shopping
Dan Frommer on trends in the food and wellness space in 2023
Food Dive on how regulators start to integrate food systems in sustainability policies - it was about time!
Nigel Hughes (Kellogg’s SVP Global R&D) on how the consumer is transforming the food system 🎧
Looking for opportunities in our stellar portfolio? ⬇️
La Fourche - her1 - yfood Labs - air up - the nu company - mammaly - Just Legends -vly - THIS™ - Butternut Box - Tropic Biosciences - Cortilia - Barkyn - yamo - Koro