Q3 2022
November 7, 2022
Market volatility catches up with foodtech
Market volatility has finally caught up with venture capital, and foodtech is no exception to investors’ newfound frugality. In Q3, quarterly VC investment in the sector fell 76.9% year-over-year, with only $2.7 billion invested.
However, there are still reasons for optimism, as the US government pumps money into research on alternative food sources and nutrition and retailers pursue automation and ESG goals.
With brand-new segmentation to reflect the rapidly changing industry, our Q3 2022 Foodtech Report details VC activity in the sector and highlights emerging opportunities in plant-based dairy products and sustainable grocery tech. The report also ranks the most active accelerators, PE and VC investors, and strategic acquirers in the foodtech space.
Foodtech VC ecosystem update | 3 |
Vertical overview | 7 |
Q3 2022 timeline | 9 |
Foodtech landscape | 10 |
Foodtech VC ecosystem market map | 11 |
VC activity | 13 |
Emerging opportunities | 26 |
Next-gen dairy | 27 |
Sustainable grocery technology | 30 |
Select company highlights | 32 |
Perfect Day | 33 |
REEF technology | 35 |