The article belongs to the category:Legal Update

Foodtech becomes a higher priority

March 2023

The foodtech, and especially the alternative protein market, is incredibly vibrant and VC investment is likely to hold firm over the long term. “They provide a “potential great return and a reputational enhancement for an investment portfolio,” points out Roy Caner, head of our Hi-Tech department, adding that “many CVCs, such as ADM, Tyson Foods, Muller ventures, and Rich Ventures, as well as specialized VC funds such as S2G, Emerald, and others,” are active in the sector.

In a deep dive into these industries by the latest @sraelDesks magazine, Caner discusses how lucrative these sectors are, amid EBN’s heavy involvement, which has seen it advise many key players, including many of the investors in Rehovot-based Future Meat Technologies, including in its USD 347 million Series B financing round, still the largest single investment round in the cultivated meat industry to date.

 

to read the full article: click here