It remains to be seen how foodtech will fare in 2022 compared to last year’s record investment totals. Startups in general this year are experiencing a dip in global venture funding and a nearly shuttered IPO market. Venture-backed startups are also facing lower valuations than they were just a few months ago, and founders say deals are taking longer to close as investors show new hesitancy.
Source: Faux Meat And Dairy Startups Consume Nearly Half Of Record $13B VC Investment Into Foodtech