YASAI and FENACO invest together CHF 1.5Mio to build the first Circular Vertical Farm worldwide

October 2020

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ETH spin-off and vertical farming startup YASAI announced partnership with Switzerland's agricultural cooperative federation FENACO to invest together CHF 1.5Mio to build the first Circular Vertical Farm worldwide.

The ETH spin-off YASAI and fenaco join forces to build an industrial-scale vertical farming pilot project based on a circular economy model in Zurich, Switzerland. With an investment of CHF 500'000.- in YASAI AG, fenaco asserts its market-leading position as an innovator in the farming and food industry.

Consumer demand for healthy, safe and sustainably produced food requires innovative solutions from the farming and food industry. By participating in the construction of a Vertical Farming plant, fenaco National Products intends to assess the robustness of the advantages of this farming method and:

• Increase productivity by a factor of 10 to 15 per square meter thanks to a layered construction method.

• Achieve a 90% reduction in water consumption.

• Farm without pesticides or only in marginal amounts, in comparison to conventional agriculture.

• Allow for all-year-round production and the total volume of Swiss vegetables and herbs.

In addition, the venture project will be used to test and identify solutions for the challenges of large-scale vertical farming plants such as higher energy consumption and efficiencies derived from economies of scale for different product categories.

Thanks to the cooperation with fenaco, we now have a strong industrial partner with a great deal of market and customer knowledge in the space on our side. This is extremely valuable when scaling up the technology and penetrating the Swiss market.

Mark Essam Zahran
CEO, YASAI

A strong innovation signal for the agrifood industry

Together with Yasai, fenaco will enter the field of vertical farming to realize a pilot project of approximately 20 tons of biomass products per year. fenaco’s CHF 500 000’s investment, in the form of a loan, signals turning point for innovation in the Swiss farming and food industry. The partnership with the ETH spin- off will enable fenaco to assess the potential for vertical farming and, if conclusive, to exploit economies of scale with larger plants and additional partners.

YASAI’s product portfolio will be tested for cultivation and marketing, as well as evaluated on central agronomic questions in cooperation with Agroscope. "We are working on the farm of the future and regard this investment as a preliminary work and a basis for decision-making for future investments in our producers" says Markus Hämmerli, Head of fenaco country products and research cooperations. The commitment is rooted in the fenaco cooperative’s purpose: to support Swiss farmers in the economic development of their companies. "In the future, we do not want to produce ourselves, but rather share our experience in the field of vertical farming with our producers to open up a new, profitable business segment for farmers", Daniel Schwab, Head of the Vegetable Category at fenaco National Products. To this end, a think-tank of leading industry players was set up with vegetable producers from the Seeland region.

Industry and technology know-how go hand in hand

Under the leadership of CEO Mark Essam Zahran, ETH spin-off YASAI is the ideal partner for fenaco. With in-depth expertise and know-how in the field of software and hardware, the four founders and majority shareholders are ideally placed to capitalise on a large international network of committed stakeholders. After the successful Seed-Funding rounds, fenaco's financial commitment and associated support in the construction of the first pilot plant in Switzerland is an important milestone for the fast-growing start-up. "Thanks to the cooperation with fenaco, we now have a strong industrial partner with a great deal of market and customer knowledge in the space on our side. This is extremely valuable when scaling up the technology and penetrating the Swiss market." says Mark Zahran. The partnership will enable YASAI to boost the distribution of its vegetables and herbs in the retail and catering segments.

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Switzerland’s TOP 3 foodtech startups 2020

October 2020

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Every year, the Swiss Startup Award jury select the 100 most innovative and promising Swiss startups. Today, we're taking a closer look at the top startups featured in the agri-food vertical.

This article is inspired by Venture Lab's Switzerland TOP foodtech startups 2020 by Isabelle Mitchell

Swiss Startup Award Official Selection

1. AgroSustain

Nyon, VD

AgroSustain, a spin-off from the University of Lausanne and Venture Leader China 2020, has developed a natural vegetable product that fights mold. This extends the shelf life of fruit and vegetables significantly and thus minimizes food waste. For commercialization, the agrotech startup is relying on collaboration with partners in the Americas and Russia.

2. Yamo

Zug, ZG 

Yamo’s baby food with fresh ingredients and no artificial additives is popular not only in Switzerland but also in Germany and Austria. The most important sales channel is the online shop, but sales via the retail trade in Switzerland and Germany are also steadily expanding. This summer, yamo raised EUR 10.1 million to expand further.

3. Planted Foods

Kemptthal, ZH 

The meat substitute “Planted Chicken” from the ETH spin-off is hardly distinguishable from the real thing. The chicken made from vegetable pea protein is already available in more than 500 Coop branches and the Coop online shop. Planted Foods was supported by Swiss Accelerator Venture Kick and raised CHF 7 million in growth capital last fall. The goal is to increase production capacity 10-fold and conquer new markets in Europe.

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Connect with food industry leaders at Food Edge 2020 virtual Summit

October 2020

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On October 21st to 23rd 2020: Join SFNV members Nestlé and Firmenich at FoodEdge 2020 Virtual Summit. 

Join food industry leaders at FoodEdge third-annual summit exploring the future of food. This year hosted online, the event focuses on the unprecedented changes and trends in the food industry. Attendees will gain actionable insights for adaptation and success in our industry’s new normal.

Food Edge Summit 2020 summit spans over 3 interactive days, covering key specialised topics, and welcoming 30+ speakers presenting insights and actionable takeaways on leading in the food industry's new normal.

Sessions run on a half-day schedule starting each morning. Each day includes industry panels, curated webinars, and networking sessions. Click here to access the event detailed agenda.

 

Speakers & Guests: 

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WWF Switzerland launches a science-based platform to encourage diets that are good for people and planet

October 2020

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In a new report, WWF presents a comprehensive scientific assessment of how dietary shifts in 147 countries can bend the curve on the negative impacts of the food system, moving from exploiting to restoring nature.

About the WWF Report

In 2021, which is the mid-term of the United Nations (UN) Decade of Action on Nutrition (2016-2025), a UN Food Systems Summit will be convened to raise global awareness and land global commitments to transform our food systems. Our food systems need to deliver healthy, safe, and affordable diets for everyone, everywhere and at all times, but currently they are not doing so. As a global community, we committed to end malnutrition in all its forms (SDG2), reduce noncommunicable diseases (SDG3) and ensure that our food production and consumption becomes environmentally sustainable (SDG12), but we are not on a path to achieve those goals and targets. We depend on healthy ecosystems and healthy people to produce our food, yet at present our food systems make us and our planet sick.

Changing our food systems to become sustainable and resilient is a powerful and smart way to realize progress towards achieving many, if not all, SDGs. As this report so clearly shows: what food we produce matters, how we produce it matters, and what we eat matters. Currently, our food production and dietary choices are impacting our health and our environment in downward and interlinked spirals of increasing malnutrition, diet-related and foodborne diseases, biodiversity loss, climate change and destruction of
ecosystems. This gloomy picture changes for different geographies but it nevertheless is a gloomy picture everywhere.

This is a complex challenge, but as the report Bending the Curve: The Restorative Power of Planet-Based Diets so well points out, the linkage of diets and environment also offers an immense opportunity for all of us. Shifting our diets can indeed unlock a multitude of environmental and health benefits and push us towards a virtuous uplifting spiral towards nourishing ourselves within planetary boundaries. We can turn around the lose-lose into a win-win.

This report is relevant, timely and extremely useful as it demonstrates the health and environmental impacts of our current consumption patterns by geography and it shows the potential of dietary shifts towards planet-based diets in a very concrete way for countries. In addition, this report also includes policy recommendations for national and multilateral level decision-makers.

Governments have a central role to reshape food systems by conducting an orchestra of multiple players that need to play the same tune. Health Authorities have a key role to define national dietary guidelines and outline the objectives of food system transformation jointly with the leaders of the agricultural, industry and trade sectors. The World Health Organization is committed to support countries in realizing this.
Bending the Curve: The Restorative Power of Planet-Based Diets is a significant contribution to the Decade of Action on Nutrition and to the forthcoming UN Food Systems Summit.

About WWF Food Practice
WWF is one of the world’s largest and most experienced independent conservation organizations, with
over 30 million followers and a global network active in nearly 100 counties. Alongside work in areas
like wildlife, oceans and forests, the WWF Food Practice works to transform the food system as, in
its current form, it is the single biggest threat to nature. Our vision is a food system which provides
nutritious food to all current and future generations while protecting our planet. To help achieve this
goal, we work across three pillars of the food system: Sustainable Production, Healthy and Sustainable
Diets and Food Loss and Waste.

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Zürich-based fund Blue Horizon joins Investor Group investing at least $180,000 USD through Vevolution’s Pitch & Plant Competition

October 2020

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Vevolution’s Pitch & Plant is the first global pitch competition in the plant-based space. A week since launch and startups from 25 different countries have already applied.

Blue Horizon Corp., one of the most successful names in the alternative protein venture capital space have today announced they will participate in the global investment competition – Vevolution’s Pitch & Plant 2020.

Investing in the next business unicorns is what Blue Horizon Corp. have become renowned for, they were an early investor in Beyond Meat and are invested in game changing plant-based companies and platforms such as the LiveKindly collective, Impossible Foods and JUST.

Startups creating replacements for animal-farmed food, clothes, chemicals and cosmetics have raised a huge $1.5 billion through the first half of 2020 and this is only expected to grow in the coming years.

The momentum behind the plant-based and cell-based movement is unstoppable.

Blue Horizon Corp. will join a group of leading investors from across the globe, like Capital V, Veg Capital and Kale United. They are joining together to look for the next plant-based and cell-based game changers on the new Vevolution platform. The new platform has been created by the London-based company Vevolution to bring together key investors and high potential startups in the plant-based space from across the world.

A minimum total of $180,000 USD is on offer to finalists of the Pitch & Plant 2020 competition. All startups that apply will also be offered to select a group of angel investors, funds and VC’s on the new Vevolution platform when it launches this November. 

Blue Horizon Corp.’s Program Director Robert Boer said: “Vevolution plays an instrumental part in educating, motivating and inspiring a community of entrepreneurs to harness the power of plants for solving some of the world’s biggest challenges. Being responsible for our seed investments, the Pitch & Plant competition is a great way for me to identify early stage teams and technologies together with mission-aligned investors.” 

Co-Founder of Vevolution Damien Clarkson added: “When startup founders tell me about their dream investors, Blue Horizon is always right at the top of the list. Because from the very top and throughout the organisation they are mission driven in everything they do. They don’t only look for great financial investments but businesses that make a true impact in creating a better planet.

Michiel van Deursen of Capital V, Partner in Vevolution and Investment Partner in Blue Horizon added: “I could not be more excited for Blue Horizon to join the competition. As they’re both European-based investors with a global focus, I highly enjoy working together with them. They are one of the most sought after investors to have on your cap table as a startup. We are happy we can offer this now to startups that join the Pitch & Plant competition.

 

About Blue Horizon Corporation
Blue Horizon Corporation has shaped the growth of the market for alternative proteins since the beginning and accelerates it through targeted investments as a pure play industry pioneer. The company aims to sustainably transform the global food industry through investments into companies who are replacing animal proteins with healthy, alternative protein sources across the global supply chain. Blue Horizon was founded in 2016 and is based in Zurich and Los Angeles. The company launched its first venture fund in 2018. Since then, it has completed over 50 seed and venture capital investments in the alternative protein food tech sector and raised more than CHF 350 million. Its business model offers a unique market access from Seed to Consolidation via funds and direct investment platforms throughout all stages of asset lifecycles. More on www.bluehorizon.com

Media contacts
Robert Boer, Blue Horizon
robert@bluehorizon.com

Damien Clarkson, Vevolution
damien@vevolution.co

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What if Switzerland became the world leader in food innovation?

October 2020

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What if Switzerland became the world leader in food innovation?

"The Swiss Food & Nutrition Valley initiative, launched by Fathi Derder earlier this year at the WEF with the active support of the canton of Vaud, EPFL, EHL and Nestlé, paves the way for this most legitimate ambition. Indeed, Switzerland’s local ecosystem seems perfectly suited to imagine the food and nutrition of tomorrow.

Professors, researchers, entrepreneurs, farmers, breeders, creators of start-ups, investors, Switzerland has all the assets to position itself at the head of the most innovative countries in this sector. Without forgetting the support of the public authorities, also committed to the idea of ​​revolutionizing a branch that already weighs heavily in the Swiss economy.

Each year, 2.6 billion francs are invested in food innovation. Switzerland has 51’000 farms, 230’000 jobs are directly linked to food and our f&b exports reach 8.9 billion per year. And the outlook is bright. Thus, in the field of meat substitutes, in which many Swiss companies are active, the world market could reach 140 billion dollars in turnover within ten years.

Switzerland must do everything in its power to establish itself as a major player in healthier, more environmentally friendly food that is produced in sufficient quantities. Quickly. The Earth will soon have 10 billion human beings who will have to be fed without further destroying the riches of this beautiful planet."

Switzerland must do everything in its power to establish itself as a major player in healthier, more environmentally friendly food that is produced in sufficient quantities.

Thierry Vial
Editor-in-Chief, PME Magazine

Et si la Suisse devenait le leader mondial de l’innovation alimentaire?

"L’initiative Swiss Food & Nutrition Valley, lancée par Fathi Derder en début d’année au WEF avec le soutien actif du canton de Vaud, de l’EPFL, de l’EHL et de Nestlé, ouvre la voie à cette ambition qui s’avère des plus légitimes tant l’écosystème local semble parfaitement taillé pour imaginer la nutrition de demain.

Professeurs, chercheurs, entrepreneurs, agriculteurs, éleveurs, créateurs de start-up, investisseurs, la Suisse dispose effectivement de tous les atouts pour se positionner en tête des pays les plus innovants dans ce secteur. Sans oublier l’appui des autorités publiques, également acquises à l’idée de révolutionner une branche qui pèse déjà lourd dans l’économie helvétique.

Chaque année, 2.6 milliards de francs sont investis dans l’innovation alimentaire. La Suisse compte 51’000 exploitations agricoles, 230’000 emplois sont directement liés à l’alimentation et nos exportations de denrées alimentaires et boissons atteignent 8,9 milliards par an. Et les perspectives s’annoncent prometteuses. Ainsi, dans le domaine des substituts de viande, dans lequel de nombreuses sociétés suisses sont actives, le marché mondial pourrait atteindre 140 milliards de dollars de chiffre d’affaires d’ici dix ans.

La Suisse doit tout mettre en oeuvre pour s’imposer comme un acteur majeur d’une alimentation plus saine, plus respectueuse de l’environnement et produite en suffisance. Et vite. La Terre comptera bientôt 10 millards d’être humains qu’il s’agira de nourrir sans détruire davantage les richesses de cette belle planète."

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