This week, Matsmart-Motatos scored new funding for its e-commerce business that sells overstock dry goods to stop food waste. RED Horticulture raised capital for its LED greenhouse lighting tech, and alternative leather startup TômTex bagged a seed round. Plus, sugar refiner Nordzucker will invest more than $100 million into plant-based proteins.
Foodtech funding
🇩🇪 Sugar refiner Nordzucker will invest €100 million ($109 million) in plant-based proteins. The company is setting up a production plant for the new business segment in Germany. (European Supermarket Magazine)
🇸🇪 Circularity Capital leads €40 million ($43.5 million) growth capital round for Matsmart-Motatos. The D2C e-commerce retailer of overstock goods including food will grow its business in Germany and the Nordics. (Tech.eu)
🇫🇷 “AI-powered restaurant…
