Regenerative agriculture key to future-proofing food sector , says EIT Food The world s largest Agrifood Innovation Ecosystem, supported by the European Institute of Innovation and Technology, says regenerative agriculture is vital in helping the world’s biggest foods brands achieve their net zero plans and meeting consumer demand for sustainable products.
It has just joined the new European Carbon+ Farming Coalition established by the World Economic Forum’s CEO Action Group for the European Green Deal.
According to EIT Food, the project aims to decarbonise the European food system, while maximising other benefits such as soil health and farmer resilience. It will take a farmer-centric approach to focus on increasing the uptake of regenerative and climate-smart agriculture practices, identifying the roadblocks to adoption, designing solutions with economic, practical and ecological benefits to farmers.
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Puratos joins EIT Food in FoodSparks to foster the next generation of agrifood innovators FoodSparks – a seed fund tailored to support the most promising European early-stage enterprises – has been set up by EIT Food and capital fund manager PeakBridge, along with investors like Puratos, Givaudan and Stockholm-based investment firm Gullspång Re:foodiary, among others.
The FoodSparks fund will invest up to €30m over a span of up to four years in the most promising projects around solutions to solve some of the world’s most pressing problems in food production, supply and sustainability.
The fund – managed by PeakBridge – will target approximately 10 early-stage enterprises each year. To qualify, the ventures must be domiciled in Europe/EFTA and Israel; have protectable and scalable technology; and be aligned with EIT Food’s mission of making the food system more sustainable, healthy and trusted.
Venture-capital business PeakBridge has launched a new investment fund targeted at start-ups in Europe. related to Allergen-free, Dairy, Fresh produce, Meat-free, Meat, poultry & eggs,