Five Seasons Ventures Announces €180M Food Tech Impact Fund

by Startacus Admin
Five Seasons Ventures has raised its flagship Fund II to continue investment and support of innovative consumer Food Tech startups in Europe
It’s a great start to the week for European Food Tech venture capital firm Five Seasons Ventures with the announcement of the final closing of a €180M second fund. Fund II will continue making Series A and B investments into the most promising European Food Tech companies and will have a focus on fast-growing consumer-focused food with a quantifiable environmental or social impact.
Five Seasons Ventures’ investment thesis is to prove that Food Tech startups can grow at the same speed as ‘traditional’ tech startups and their Fund I portfolio companies are actually on track to reach a combined revenue of over €350M in 2021, with half of the portfolio startups not even existing four years ago.
Ivan Farneti, Co-founding Partner of Five Seasons Ventures, commented, “There’s no doubt that Food Tech is experiencing a boom in Europe right now. When we launched Five Seasons in 2018, we were the first VC to focus on Food Tech in Europe, and we believe we contributed to making this an attractive asset class. Fund II was quickly oversubscribed as more investors wanted to get exposed to European Food Tech, seeking high growth and impact.”
Niccolò Manzoni, Co-founding Partner of Five Seasons Ventures, added, “Food and Food Tech have the possibility to affect two of the most pressing issues of our time - climate change and human health. With this new fund, we continue to focus our attention on food companies that make healthier and cleaner products, that are manufactured and packaged more sustainably, with shorter supply chains and fewer emissions.”
Food Tech has grown exponentially in Europe and the pandemic further accelerated consumer demand with shifts to e-grocery delivery and direct-to-consumer food brands, as well as increased interest in healthy food and nutrition. The Five Seasons Ventures’ portfolio therefore stands to further benefit from this growth.
We look forward to seeing its future investments and the impact it will have on the Food Tech sector throughout Europe.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...

Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.

Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.

Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.

SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.

41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.

Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.

Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future

A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated

Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 4th October 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.