The VERY Food Co founders

© The VERY Food Co

Investments & Acquisitions

The VERY Food Co. Closes Funding Round, Bringing Total Capital Raised to Over €1M

The VERY Food Co., a French startup developing functional plant-based food ingredients to replace animal products, has completed an €850,000 funding round. The round saw participation from Apok Invest, public investment bank Bpifrance, and business angels such as Frédérick Bouisset and Pascal Viguié. The VERY Food Co. previously raised funding from Big Idea Ventures, and the new round takes the total sum secured by the startup to over €1 million. VERY will use the funding to accelerate the commercialisation of its products. This includes VERY AQUAFABA, an award-winning natural emulsifier that can replace egg whites in patisserie products and cocktails. The startup has also won a call for projects titled “Innovating for successful agro-ecological and food transitions”, part of the government-funded France 2030 investment plan. …

more

The VERY Food Co. develops animal-free functional ingredients for bakery and pastry

© The VERY Food Co.

Investments & Finance

The VERY Food Co. Seeks €1M to Remove Animal Ingredients from French Foods

The VERY Food Co., a “very” French startup developing and marketing functional animal-free egg and dairy ingredients at scale for the bakery and pastry industries, has announced a €1 million pre-seed financing round. The B2B company launched commercially six months ago and is seeking for capital to structure the company and finalize its first commercial contracts, which are currently in the testing phase with manufacturers. Founded in 2022 by CEO Arnaud Delacour, and Oscar Castellani, scientific and technical director; The VERY Food Co. aims to help the world transition towards a more sustainable, resilient, and delicious food system. It has a pre-money valuation of €6 million and €800 thousand of non-dilutive financing secured with the participation of Big Idea Ventures. “If we want to change …

more