The Canadian Food Innovation Network (CFIN) invested $338K into 4 projects valued at ~$700K through Innovation Booster program: From purees to powders: Using rescued foods for healthy soups/Trendi Tech Inc., Nutrimeals Personalized Nutrition Platform – Beta Prototype Development/Nutrimeals, Automated Solid State Fermentation Incubator for Canadian pulse-based Tempeh products/Henry’s Tempeh, BioTagging grain for transformative digitization and traceability in commodity food supply chains/Index Biosystems.
AXES.ai and Hivestack entered into a global strategic alliance that will enable AXES to connect the Hivestack supply side platform (SSP) to the AXES omnichannel demand side platform (DSP) to broadcast premium, programmatic DOOH cross-channel media campaigns.
Agrotools raised US $21M (BRL 100M), adding shareholders Horácio Lafer Piva (Klabin), Pedro Paulo Campos (JP Morgan, Pátria and Arsenal), Fátima Marques (Hay Group/Korn Ferry), Paulo Hegler (Toledo), Olivier Murguet (Nissan-Renault), KPTL and FIP Inovabra and Ronaldo Galvani Junior. Agrotools’ founding partners maintain 80% stakes.
Stack Capital Group Inc. invested US $8M in Newfront Insurance, Inc., part of Newfront’s US $200M Series D at US $2.2B Valuation led by Growth Equity business within Goldman Sachs Asset Management and B Capital with participation from Founders Fund, Meritech Capital, Y Combinator and others.