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EIT Food Venture Summit: German Startups to Watch

19 November 2020 Central, Germany, News EIT Food Venture Summit is Europe’s leading entrepreneurship event bringing together top agtech & foodtech startups with investors and corporate partners.

EIT Food Venture Summit: German Startups to Watch

On 17th and 18th November 2020, participants had the chance to explore partnerships and investment opportunities and learn about our flagship programmes through an online platform. The event was a huge success with more than 500 participants and 130+ impactful startups with inspiring pitches.

The finalists from EIT Food’s flagship programmes Seedbed Incubator (pre-seed stage) and EIT Food Accelerator Network (seed stage) got the chance to pitch and exhibit. Get to know the German startups:

The Seedbed Incubator Programme is all about creating a successful business model and discovering customers. Six startup teams were competing for a chance to be in the finals in five different hubs: Northern Ireland, Denmark, Germany, Spain and Poland. The participants from Germany selected to be showcased at the Venture Summit Seedbed Booth are the two food startups: Frudist and Kulero.

Frudist has pioneered an energy-saving technique for freeze-drying that retains all the vitamins and nutrition of fresh fruit. Frudist fruits are completely natural with no additives or preservatives making the most out of earth’s natural resources with minimum waste.

Kulero products blend sustainability and comfort together. They developed an edible spoon that is not only 100% organic and vegan but also tastes decilious.

The EIT Food Accelerator Network (FAN) helps startups increase their visibility and fast-track their growth. It was conducted digitally in six locations with ten startups in each hub. The two semi-finalists from Germany are FarmInsect and Spoontainable.

FarmInsect offers farmers a way towards sustainable agriculture on the concepts of circular economy. Their automated solution uses regional organic residues to produce insect larvae.

Spoontainable has developed the first sustainable and edible ice cream spoon. Made from the fibres of the cocoa shell, the spoon is an excellent plastic alternative in the catering industry.

EIT FAN awarded €100,000 to the top three out of the 60 participants across the six locations. Read the press release to find out about the pioneers that are future-proofing Europe’s food system.

The EIT Food Venture Summit was not only an awards ceremony, but also an opportunity to exchange insight on important topics such as sustainable agriculture, digitalised traceability and circular food systems among others. We would like to congratulate everybody involved in this event and wish the winners a successful journey ahead!

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