[Funding alert] Madrid-based Eatable Adventures Secures €30 Million in Funding

Friday 26, 2024 | By Startup Rise EU

Madrid-based Eatable Adventures secures €30 million in funding. Given the importance of the agri-food sector to the national economies of both nations, these markets are critical to the European food industry.

Madrid-based Eatable Adventures secures €30 million in funding. Given the importance of the agri-food sector to the national economies of both nations, these markets are critical to the European food industry.

In spite of the current state of the world economy, the foodtech industry has shown remarkable resilience in recent years. The sector, industry, and investors have collaborated to create effective answers to major challenges by leveraging innovative technology and forming alliances.

Read also - London-based OpenDialog Secures over €7 Million in Series A Round Funding

Agreen Biosolutions, Agreenet, Hypesound, Foreverland, Néboda, Mmmico, Regrowth, Soonapse, and Trusty are among the nine cutting-edge Foodtech technical projects that have received the first €6 million in funding through this fund, which has also been unveiled by Eatable Adventures.

Similarly, the investment vehicle will include coverage for a third acceleration programme in Europe that is scheduled to begin in the coming months. The goal of this growth is to increase these technologies' global influence.

Read also - Berlin-based Packmatic Secures €15 Million in Series A Round Funding

José Luis Cabañero, Founder and CEO of Eatable Adventures said, “The experience that we have gained over these years in the Foodtech vertical offers us a complete and precise vision of the ecosystem, which has allowed us to select and invest in the startups with the greatest development potential and fit with the needs of the sector, Incorporating technology and innovation is essential to increase production, optimize resources, and reduce the environmental footprint of the food system.”

The companies that have invested offer innovative approaches to address various challenges, including but not limited to food waste, water resource scarcity, improved traceability and transparency in critical industries, novel crop protection solutions, and the development of new, healthier, and more sustainable ingredients.

Read also - London-based Metris Energy Secures €2.3 Million in Pre-Seed Funding

About Eatable Adventures

They think Eatable Adventures startups are setting the standard for innovative ways to change the production, processing, and consumption of food. Their objective is to establish appropriate relationships between corporations and investors and the most disruptive food startups. CREATING THE FOOD COMPANIES OF TOMORROW

Read also - London-based Musictech Startup Setmixer Secures $760,000 in Seed Funding

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