Food waste

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Launched in 2015 in Brussels, EIT Food was established by the not-for-profit European Institute of Innovation & Technology (EIT) and funded by the European Union as an investor and accelerator. Its aim is to support mainly European startups in foodtech areas ranging from traceability to alternative proteins, with sustainability a key deciding factor in the startups it backs from pre-seed to Series-B level. The organization currently has 55 startups in its portfolio, which raised more than €91m in investments in 2020. Its most recent investments include 700,000 Swiss francs (€637,000) in the seed round in January 2021 of Swiss biotech SwissDeCode, a company that applies DNA testing to food traceability. Another investment was the December 2020 €900,000 seed round of Spanish compostable-packaging tech Food Sourcing Specialists.

The first in Asia and third in the world to create alternative protein from methane, offering a cost-effective, circular economy solution, producing high-protein animal feed.

Founded in Berlin in 2016, Atlantic Food Labs’ mission is to support startups with the potential to feed 10bn people by 2050. It has supported 20 companies to date and its most recent investments include in the German healthy last-minute delivery service Gorillas’ $290m Series B round and in the €5.9m seed round of B2B German retail connection service Magaloop in March 2021.

Mustard Seed MAZE is a Lisbon-based VC firm that invests in early-stage startups, primarily in social impact enterprises. Endowed with €40m, the VC has invested in projects dealing with food wastage, human trafficking, postnatal depression and general healthcare.So far, it has managed one exit, with the majority of its portfolio of 20 companies based in Europe. Recent investment rounds include $3m seed funding for Portuguese mesh network tech HypeLabs, €1.15m seed round for Spanish fintech StudentFinance and $12m Series B round for UK-based food waste app Winnow.

Founded in 2020 in Boulder, Colorado, Trailhead Capital is a specialist agtech and foodtech investor that focuses on startups in the US, Canada, Australia and Israel. The VC’s regenerative agriculture portfolio includes investments in food ingredients traceability, food supply chains, reducing food waste and soil health environmental management.Recent investments include in the $12m Series A round of Vence, a US-based producer of virtual fencing wearables for livestock management in May 2021. In February 2021, it also participated in the $6m funding round of foodtech HowGood that specializes in rating the sustainability of grocery products.

Zero-waste app OLIO is rapidly scaling, letting retailers and households donate or swap surplus food and other goods in local communities in 50+ countries.

After graduating in Mechanical Engineering at Universitas Indonesia, Rendria Labde worked for oil and gas firm JGC Indonesia for two years. He left in 2015 to establish PT Magale Sayana Indonesia, a property development company with a unique focus on environmental sustainability.  The company completed an eco-living residential complex Sandar Andara and started a new project Magalarva to use insect larvae to process food waste into agricultural products. Rendria became the CEO of Magalarva.

Xandega Tahajuansya is a co-founder of property developer PT Magale Sayana Indonesia and STUDIORAMA, an Indonesian art collective. The London School of Public Relations graduate had worked briefly at insurance company Manulife and film studio Kinekuma. Xandega is also a member of the Polka Wars band, together with fellow Magale co-founder Karaeng Adjie. Both are not actively involved with Magalarva, since Magale completed an eco-living residential development and moved on to another project to recycle food waste using larvae.

Advanced sous-vide aseptic packaging (ASAP) technology extending the shelf-life of food to two years without refrigeration, preservatives or chemicals, potentially disrupting cold chain logistics

Hyperlocal healthy meal catering and delivery service bringing homemade meals designed by chefs to the workplace; utilizes under-used restaurant kitchens; unsold meals go to charities.

Organic waste-management circular tech producing raw bioplastic for versatile processing uses via its automated waste-processing hardware with garbage-eating cultivated bacteria. 

Affordable, healthy and tasty prepped meal kits that busy office workers can order online, pick up on their way home and cook in five minutes.

Former manager at DHL and OCS, with six years’ experience in logistics management. Co-founded eKuaisong in 2014 (where he headed operations) and waste recycling brand Taoqibao in 2015.

Serial entrepreneur with five years’ experience in O2O startups and 10 years’ experience in IT project management. Co-founded waste recycling brand Taoqibao with fellow eKuaisong co-founder Li Zhaopeng in 2015.

Dubbed the “Uber for trash”, Gringgo brings on-demand waste collection services and location-based recycling information to underserved neighborhoods.

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