https://techcrunch.com/2021/10/04/five-seasons-ventures-pulls-in-e180m-fund-to-tackle-human-health-and-climate-via-foodtech/

FoodTech is booming in Europe and is growing exponentially. In 2020, €3 billion went into European FoodTech companies (State of European Tech Report, March 2021), and the pandemic has accelerated demand as consumers have shifted to grocery delivery. The industry has also been affected by the rise of direct-to-consumer food brands. Finally, the pandemic created a boom in interest in healthy food and nutrition to improve people’s immunity to COVID-19.

So it’s perhaps understandable that European FoodTech VC Five Seasons Ventures has announced the final closing of €180 million second fund. Their first fund was €77 million, so this next fund is a sizeable improvement and reflects what’s going on in Food Tech.