Foodtech Report

Foodtech to the rescue 

VC deal activity within the foodtech vertical has been static for the last six quarters, hovering around $2 billion generated in deal value. In Q1 2024, $2.2 billion was invested across 246 deals, minor decreases from the previous quarter.  

But where global challenges are prevalent, opportunities arise for the vertical.  

In PitchBook’s latest emerging tech research report, analyst Alex Frederick highlights how foodtech startups are creating innovative alternatives to address the ongoing supply chain disruptions and environmental challenges of the cocoa crisis.