BayWa, Bindewald and Gutting Mühlengruppe and MULTIVAC Establish AgriFoodTech Venture Alliance
BayWa Venture GmbH, the processing and packaging machine experts MULTIVAC, and Bindewald + Gutting Mühlengruppe are jointly investing around 20 million euros in AgriFoodTech startups. The alliance builds on BayWa Venture GmbH’s efforts, a BayWa AG subsidiary, known for investing in twelve promising AgriFoodTech startups in the last three years aimed at enhancing sustainability in the food sector’s value chain. The AgriFoodTech Venture Alliance’s investment focus spans multiple areas: AgTech / BioTech: Enhancing food production’s efficiency and sustainability. FoodTech: Innovative uses of plant proteins in nutrition, along with advancements in healthy eating and food safety. Circular Economy: Upcycling by-products, minimizing food waste, and promoting biodegradable and recyclable materials. Automation & Digitalization: Increasing transparency in the agri-food supply chain, utilizing robotics, AI, and predictive analytics for …