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Is the Funding Winter Affecting Foodtech?

By Lucidity Insights Research Team September 02, 2023

Is the Funding Winter Affecting Foodtech?

How has the influence of the VC winter been on the Foodtech industry in 2023? Join us in our insightful video as we explore the notable impact of the declining trend in foodtech funding.

The Growing Business of Foodtech

There are over 124 foodtech unicorns around the world worth over US $1.3 trillion. The Foodtech market itself surpassed US $260 billion last year alone. Alt-Proteins, 3D Printing Food, and AI integrated Restaurant SaaS: The future of food has arrived. In addition to looking at foodtech globally, in this special report we also look at the future of food technology scene in the MENA region, our special report delves deeper into the dynamics of Foodtech in MENA.

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