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🇰🇷 South Korea — WAD (Catchtable) raises ₩30B (~$21.7M) [Foodservice]
Seoul-based WAD runs Catchtable, a restaurant reservation, waitlist and store-management platform used by 30,000+ venues.
Lead: Aeneas Private Equity, Hyundai Investment Partners and NH Investment & Securities (consortium)
Follows: N/A — consortium only

🇺🇸 USA — Dan-O’s Seasoning raises $25M [CPG]
Louisville-based Dan-O’s started at a farmers market in 2015 and now sells its seasoning blends in 22,000+ US retailers. The investment, The Newcastle Network’s first in food, funds new flavors and formats and wider distribution.
Lead: The Newcastle Network
Follows: N/A — single investor

🇺🇸 USA — First Day raises undisclosed [CPG]
Austin-based First Day, founded in 2019 by Alice Li, makes clean-label gummy vitamins for the whole family and has reached $100M+ in revenue on under $1M raised, according to Compass Rose Ventures. Paine Schwartz (~$6.5B AUM) already backs Promix, Suja Life and BetterCo (Lucky Energy).
Lead: Paine Schwartz Partners
Follows: N/A — single investor

🇯🇵 Japan — Kinish raises ¥490M (~$3.1M) [Alt-Protein]
Tokyo-based Kinish produces rice-based ice cream under its The Rice Creamery brand and is developing molecular farming technology to produce dairy-identical casein in rice. The funding will support expansion in Japan, and the US, alongside scaling its casein production.
Lead: Not disclosed
Follows: Inspire Mutualistic Symbiosis Fund 1, Shimadzu Future Innovation Fund, Obayashi Corporation, Love Veggies Holding

🇨🇦 Canada — ClearCost closes undisclosed Series A [Agtech]
The Saskatchewan-based startup is developing a digital marketplace for bulk fertilizer trading that integrates price discovery, logistics, payments, and risk management. The funding will support the launch of its revamped platform across North America in 2027.
Lead: SaskWorks Venture Fund
Follows: Motiv Ventures

🇮🇳 India — Harajuku Tokyo Café raises $3M [Foodservice]
Delhi-NCR’s Harajuku Tokyo Café runs Japanese-style cafés and Harajuku Bakehouse, which brings in 30%+ of revenue. Outlets and revenue have doubled since its August 2025 seed, and it plans 10 more outlets across Delhi-NCR, Mumbai, Bengaluru and Chandigarh.
Lead: Zero W
Follows: Indian Angel Network, Samved VC, Blume Founders Fund, Brijesh Parekh Family Office; angel Rahul Jain (Epigamia)

🇺🇸 USA — IMIO raises $12M [Crop Inputs]
Chicago-based IMIO develops microbial formulations that break down crop residues, releasing trapped nutrients to improve soil fertility and crop yields. The $12M funding will support expanded production capacity, team growth, and a new biomanufacturing and R&D facility in Chicago.
Lead: Sofinnova Partners
Follows: Cultivate Next (Chipotle), Starshot Capital, Grow Together Salinas, Earth Foundry, Serra Ventures

🇺🇸 USA — Electric Plant Company raises $11.2M [Agtech]
San Francisco-based Electric Plant Company emerged from stealth with Bud, a low-cost sensor that records plants’ electrical signals, and Bombadil, a foundation model trained on 4M+ hours of recordings across 100 species.The model estimates the plant’s overall physiological state.
Lead: Onto Ventures and Climactic (co-leads)
Follows: Ponderosa, Endeavor Catalyst, Ludlow, Michigan Rise, The Fund, Schox VC; angel Dug Song

🇺🇸 USA — Kodama raises $7M [Agtech]
California-based Kodama develops AI-powered systems that retrofit forestry equipment for remote operation and supervised autonomy, addressing labor shortages in logging. Its technology has moved over 100,000 tons of timber in the past six months.
Lead: Konvoy Ventures and Breakwater Ventures (co-leads)
Follows: Blue Forest Asset Management, NYA Ventures, Breakthrough Energy Ventures, Congruent Ventures, Dangerous Ventures, M1C

🇺🇸 USA — Pythag Tech raises $4.25M [Alt-Protein]
New York-based Pythag Tech develops an AI platform that uses biological data and automated experimentation to optimize cultivated meat production, focusing on growth media, cell lines, and bioprocessing. The funding will support expansion of its biological dataset and machine learning platform to help cultivated meat producers reduce costs and scale production.
Lead: Azolla Ventures
Follows: Endurance28 and other institutional investors

🇮🇳 India — The Stack raises ₹21.5 crore (~$2.5M) [CPG]
Goa-based The Stack sells a short list of supplements for sleep, gut health and functional health, built on clinically studied ingredients. One in three customers reorders within six months; it raised ₹5.5 crore in pre-seed in January.
Lead: Sauce, OTP Ventures and Huddle Ventures (co-leads)
Follows: Not disclosed

🇮🇳 India — Banaraswala raises $2M [Foodservice]
Banaraswala serves traditional Banarasi sweets, chaats and meals from three outlets in Delhi and on delivery apps. The seed round funds a push to 50 company-owned and franchise outlets across Rajasthan, Uttar Pradesh, Delhi NCR and other Tier 2 markets by March 2027.
Lead: Prax Impex
Follows: N/A — single investor

🇺🇸 USA — WILDE raises $40M [CPG]
Lexington, Kentucky-based WILDE makes protein chips and crackers from chicken breast, egg whites and bone broth, and has passed $100M in sales across 35,000+ US retail locations, including Costco, Walmart and Target. Total equity raised is now about $63M.
Lead: S2G Investments
Follows: N/A — single investor

🇮🇹 Italy — Ganiga raises €1.5M (€2.5M total) [Supply Chain]
Pisa-based Ganiga develops AI-powered waste management systems that use computer vision to identify discarded food and help foodservice operators reduce waste. The funding will support product development, team growth, and expansion into hospitality and catering.
Lead: Vivenda (contract caterer)
Follows: NextSTEP, three angel investors; plus €1M Smart&Start Italia (non-dilutive)

🇯🇵 Japan — Teraform raises undisclosed [Crop Inputs]
Tokyo-based Teraform develops SuperSponge, a naturally derived soil additive that improves water retention to help crops grow in drought-prone conditions. The funding will support R&D, field trials, commercialization, and international expansion.
Lead: Hokkaido University Green Frontier Fund (15th Rock)
Follows: N/A — single investor

🇮🇳 Brevel and The Wave Group will build a 300,000 L illuminated fermentation plant in India. The 50/50 joint venture in Uttar Pradesh will use sugar-mill sidestreams and make Brevel’s Purallis microalgae powder, with additional capacity for plant cell culture companies. Disclosure: Brevel names Ayana Bio, where Alex works, as a partner.

🇫🇷 Hackers turned up the heat on French supermarket freezers. Attackers took control of remote refrigeration software from Danfoss and forced older units to warm up, some to 50°C overnight. About 400 stores were hit, with spoiled inventory estimated at millions of euros. Paris prosecutors have opened a cyber-crime investigation.

🇬🇧 Fleury Michon acquired Allplants. The acquisition gives Fleury Michon a foothold in the UK plant-based ready-meal market, while providing Allplants with manufacturing and distribution support to expand its reach.

🍼 Better Dairy self-affirmed GRAS for human lactopontin in the US. The London precision fermentation startup says it is the first commercial source of the human milk protein, aimed at bone, gut, skin and sports-recovery supplements, with products expected in Q1 2027.

🌻 Top 50 Farmers 2027 applications are open until 6 November (or 150 applications) for regenerative farms in the EU, Switzerland, EEA and UK.

Next up at our FTW fireside is Antoine Hubert, cofounder of Ÿnsect and a pioneer of insect protein in Europe. Over more than a decade, Antoine built one of the industry's most ambitious companies, raising over $600M along the way. We're grateful he's willing to share his experience, from building to rebuilding.

🔒 FTW Fireside Chats are open to CEOs only. No investors, and no recording allowed.
📆 Friday 20 November 2026, 5:00–6:05 PM IST (UTC+2), online
🎫 $10 per ticket. Only 10 spots left!
The last one sold out in 20 minutes; the $10 is just to keep no-shows down. Grab a spot.

🙏 Last week, we hosted Thijs Bosch, CEO of The Protein Brewery, for a candid conversation about what it took to bring Fermotein to market, the setbacks along the way, and the resilience required to keep going. Thank you, Thijs, for your openness and for sharing the lessons learned.
The Protein Brewery’s mycoprotein, Fermotein, was the first fungal biomass to go through the EU novel food system, earning a positive EFSA opinion in December 2025 and EU authorisation in June 2026. Days later, it closed an €18M Series B extension led by ABN AMRO Sustainable Impact Fund, with Invest-NL, Novo Holdings, Madeli and BOM, bringing total funding past €70M.

Full calendar: foodtechweekly.com/events.

🇸🇬 IC Dinner Singapore
📆 Monday 26 October 2026, 7–9 PM SGT
🎫 $9 reserves a seat and includes your first beer. You cover your own food. Only 3 spots left!
Invite only, founders and operators only, Chatham House Rule.
Co-hosts: Ding Jie “DJ” Tan (Prefer) and Aaron Chua (Rules Bio). Reserve your seat.

📍 Want to host an IC Dinner or Meet Up in your city? Apply to host.

🐳 Whale meat curry was once a UK dinner suggestion. A University of Exeter study of 1,000+ Good Housekeeping seafood recipes dating back to 1923 found more than 67 species featured. Since the 1970s? Just five - cod, haddock, tuna, salmon and prawns, have accounted for over 60% of mentions!

🧀 A former Seattle cheesemaker is hiking the world for rare cheeses. Trevor Warmedahl has documented traditional cheesemaking in 20+ countries, from yak-milk curds in Mongolia to traditional aged sheep's milk cheese in Georgia.

🪦 Recipes carved on gravestones are now a cookbook. Rosie Grant’s To Die For collects 40 headstone recipes, from spritz cookies to kasha varnishkes, each approved by the families of the cooks.

With love,
Alex Shandrovsky and Kat Tarasova

Disclosures | Boring disclaimer