FoodLabs’ €100 Million Fundraising

YPOG advised FoodLabs on the deal.

The Berlin based VC FoodLabs announced the structuring of its first early-stage fund FoodLabs. The new fund has reached final closing at €100 million and will focus on food production, health and sustainability startups – doubling down on investing in fast-growing companies with a positive impact on the planet and its people. Institutional investors such as Bitburger, Gemüsering, KfW, EIF or Döhler as well as family offices have participated in the fund.

FoodLabs is a leading pan-European early-stage VC investor and venture studio for food, sustainability and health. The VC was founded by Christophe F. Maire. Since 2016 FoodLabs has built and invested in more than 30 early-stage food tech companies. With a thesis-driven and purpose-for-growth approach, FoodLabs invests in companies along the entire value chain of the food industry. FoodLabs has been an early investor in some of the most seminal, fastest-growing European food tech startups including Infarm, Meatable, Mushlabs, Sanity Group, Formo and Gorillas.

The YPOG team included Jens Kretzschmann (Picture – Structuring, Tax/Lead, Partner), Dr. Helder Schnittker (Structuring, Tax, Partner), Dr. Sebastian Schödel (Corporate, Associated Partner), Michael Blank (Tax, Fund Documentation, Associate), Dr. Dajo Sanning (Tax, Associate), Dr. Saskia Bong (Tax, Associate) and Ivo Schmiedt (Fund Documentation, Associate).

Involved fees earner: Michael Blank – YPOG; Saskia Bong – YPOG; Jens Kretzschmann – YPOG; Dajo Sanning – YPOG; Ivo Schmiedt – YPOG; Helder Schnittker – YPOG; Sebastian Schödel – YPOG;

Law Firms: YPOG;

Clients: FoodLabs;

Author: Federica Tiefenthaler