PitchBook年二季度食品技术报告（英）

EMERGING TECH RESEARCHFoodtech ReportVC trends and innovation spotlightsQ22024REPORT PREVIEWThe full report is available through the PitchBook Platform.CONFIDENTIAL. NOT FOR REDISTRIBUTION. PG 2ContentsQ2 2024 Foodtech ReportInstitutional Research Group AnalysisDataMatthew Nacionales Senior Data AnalystPublishingReport designed by Chloe Ladwig and Megan WoodardPublished on September 6, 2024Vertical update3Q2 2024 timeline5Foodtech landscape6Foodtech VC ecosystem market map7VC activity8Innovation spotlights28Gas fermentation and air-based foods29Shoppable recipes32Select company highlights35Endless West36Mori38Alex Frederick Senior Analyst, Emerging Technologyalex.frederick@pitchbook.compbinstitutionalresearch@pitchbook.comBen Riccio Associate Analyst, Emerging Technologyben.riccio@pitchbook.compbinstitutionalresearch@pitchbook.comCONFIDENTIAL. NOT FOR REDISTRIBUTION. PG 5Q2 2024 Foodtech ReportQ2 2024 timelineApr 1May 1Jun 1Jun 30VC exitApril 17Ibotta, developer of a digital grocery coupon platform, exits via IPO on the New York Stock Exchange, raising $2.4 billion. This is the second IPO in 2024 globally and the only one executed in Q2 2024.VC dealMay 9Mycelium-based meat provider Meati raises $523.4 million in late-stage VC funding to expand production.VC dealJune 24Rapid delivery company Getir raises $250.0 million in late-stage VC funding in a deal that involves spinning out nongrocery business units into a new entity.VC exitJune 27Invesdor acquires ghost kitchen provider Kitchens@ for $145.0 million.Q2 VC summary219total deals-23.2%QoQ deal count growth$2.5Btotal VC raised-21.6%QoQ deal value growthTTM VC summary1,097total deals-34.4%YoY deal count growth$10.1B total VC raised-5.0%YoY deal value growthNewsMay 17California-based GOOD Meat launches its cultivated chicken in Singapore, becoming the first retail-available cultivated meat. Its product, GOOD Meat 3, consists of 3% cultivated meat mixed with plant proteins.NewsJune 20Beyond Meat launches Sun Sausage, a less processed product that does not try to mimic real meat. This move highlights a larger evolution toward healthier and more clean-label alternative protein products.CONFIDENTIAL. NOT FOR REDISTRIBUTION. PG 6Q2 2024 Foodtech ReportFoodtechlandscape4.34.54.0Restaurant & retail techAlt-proteinsBioengineered foodsDiscovery & reviewE-commerceFood productionCONFIDENTIAL. NOT FOR REDISTRIBUTION. PG 8Q2 2024 Foodtech ReportVC activityThe second quarter of 2024 presented a complex landscape for VC investments in foodtech. This period saw a decline in investment activity compared with the prior quarter, influenced by ongoing economic challenges such as high interest rates and a difficult exit environment. Despite these challenges, the total deal value remained consistent with the past seven quarters, although deal counts continued to decline. In Q2, we logged $2.5 billion invested across 219 deals, marking a 21.6% and 23.2% QoQ decrease in deal value and count, respectively. Notably,