Global Foodtech Deal Activity by Year (2018 to Q1 2023)

Fewer Foodtech Deals Are Getting Signed, but Deal Sizes Are Larger

Foodtech fundraising has been on a decline since Q1 2022, after the sector fundraised a landmark US $14 billion in Q4 2021. Every quarter in 2022 saw a shrinking in funding, and the “VC winter” of 2023 is not slowing this funding freeze down. Q1 2023 saw the lowest investment into foodtech since Q1 2018, and the lowest number of deals signed since 2017.