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Investment in food tech startups in Europe 2013-2019

Total investment in European food tech companies was estimated to value 2.3 billion euros in 2019. Over the period from 2013 to 2019, capital invested in next generation food tech startups increased, reaching 1.7 billion euros in 2019. The value of investment in first wave food tech companies, on the other hand was much lower. First wave start ups include more established market players such as Deliveroo, Delivery Hero and, while the next generation companies are at an earlier stage of growth.

Annual investment in European food tech startups from 2013 to 2019, by first wave and next generation*

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Release date

October 2019



Survey time period

2013 to 2019

Supplementary notes

* First wave companies include: Deliveroo, Delivery Hero, HelloFresh,, Just Eat.
Next generation companies include: Ynsect, Glovo, Picnic, Simple Feast, Tropic Biosciences, Infarm, Butternut Box, Gousto, Cortilia, Huel, YFood.
** Estimate. The source adds that 2019 investment in the 'Next generation' is annualized based on January - September.

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Statistics on "Online food delivery services in Europe"

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