FoodSeed Selects 7 Made in Italy Startups that Bring Innovation to the Agri-Food Supply Chain

The Italian agri-food innovation ecosystem welcomes new players: FoodSeed, the acceleration program of the CDP Venture Capital SGR National Network, announces the selection of seven new Made in Italy startups for its second edition.

Food and Agrifood Startups

The startups selected for the FoodSeed acceleration program were presented on October 22nd in Verona.

Each selected project received an initial investment of 170,000 euros – with the possibility of increasing it up to a further 500,000 euros for the best performing ones.

These are emerging companies that can transform the agri-food supply chain with innovative solutions that embrace the entire value chain, from sustainable agriculture to food processing, integrating circular economy principles.

FoodSeed’s new startups range from microalgae used to extract precious natural pigments to biotechnologies that transform agricultural waste into functional ingredients, to a healthy and high-performance alternative to caffeine, to new tech solutions to reduce waste.

Vortex: transforming agri-food waste into valuable resources
NOUS brings to the table the sustainable and healthy alternative to caffeine
Aflabox: Artificial Intelligence in the field of food safety
Asteasier: The New Frontier of Astaxanthin
Mama Science: The Sustainable Alternative to Plastic in Food Packaging
BeadRoots: Biodegradable Hydrogels Against Drought in Agriculture
Alkelux: natural additives to fight food waste
FoodSeed: a dedicated acceleration program supported by prestigious partners
Launched in March 2023, FoodSeed relies on the support of promoter partners and co-investors such as CDP Venture Capital SGR through its Accelerator Fund.

Furthermore, Fondazione Cariverona, UniCredit, and Eatable Adventures – among the main Foodtech accelerators on a global scale – are participating as co-investors and operational managers of the program.

The program is supported by corporate partners Amadori, Cattolica Business Unit of Generali Italia, Veronafiere and by scientific partners Accelerate for Impact Platform of CGIAR and University of Verona.

With a budget of 15 million euros, FoodSeed supports and promotes the growth of innovative Italian companies capable of responding to the main challenges of the agri-food sector and contributing to the sustainability and efficiency of the supply chain.

This year too, FoodSeed has attracted talent not only from Europe, but from all over the world: in fact, 15% of the applications received come from Spain, Romania, the United Kingdom, India and Turkey.

A fact that confirms and supports the shared commitment to protect and promote Italian food and wine excellence in the world which, although anchored to the roots of tradition, requires a push towards a sustainable and ethically innovative future.

FoodSeed focuses on Open Innovation

At the same time, FoodSeed fosters strategic connections with companies, investors and key players in the sector with a view to Open Innovation, an approach that aims to strengthen the national entrepreneurial fabric and foster new synergies to promote technological and ethical development of the AgriFood sector.

A virtuous example of this is Foreverland, a startup from Puglia accelerated in the first edition of FoodSeed, which recently closed a 3.4 million euro investment round for its sustainable alternative to carob-based chocolate, thus confirming the key role of Italian AgriFoodTech startups as drivers of change.

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(Featured image by Steve Sharp via Unsplash)

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