foodtech startups survey: global insights by 33entrepreneurs
TRANSCRIPT
Vincent [email protected] BOTELLAYan HUANG
33entrepreneursBordeaux, France
Cont
aCt
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InvestIng In FooDteChglobal InsIghts
©33entrepreneurs 2015
A report by 33entrepreneurs in 2015Q1 2,300 StartUps reviewed 120 in-depth analysis
A report undertaken with the support of SEB and thecontribution of Madyness and Innovathlon Consulting
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…at an increasing speed…
Based on AngelList, Crunchbase and major data bases.
…everywhere on earth
A TRADITIONNAL MARKET TO DISRUPTIn 2015, the food generated more than $17 trillion which is 20% of the world GDP. For the last decade, the food market is moving toward a utilization of technology, especially smartphones. Indeed, 61% of the 15-35 year category use the Internet to buy groceries and to find, book and review restaurants. With the development of the on-demand economy, food delivering startups represent a growing market for the coming years.
More than 2,300 startUpsinnovating in Foodtech… …at an increasing speed…
How do those 2,300 StartUps and 21,000 Apps breakdown by year?
StartUps
Apps from AppStore
base 100iPhone Launch
How do those 2,300 StartUps breakdown into the Food Industry Value Chain?
Farm
ing
Agr
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, Aqu
acul
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, Bio
tech
nolo
gy
Cat
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arm
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Sea
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ng
Soc
ial p
latfo
rm, N
utrit
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ices
, M
oteu
r sea
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Ord
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del
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Mea
l Onl
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Sel
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ox d
eliv
ery
Man
ufac
turin
g To
ols,
Mac
hine
, Alic
amen
t, B
ever
ages
, Pac
kagi
ng
Con
sum
ing
Bar
, Res
taur
ants
, Foo
dtru
ck,
Ent
erta
inem
ent
Pro
vidi
ng T
echn
olog
yS
oftw
are,
Saa
S, H
ardw
are
2%6%
23%27%
15%
8%
19%
63% 21%
1%
2%3%
10%
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
Farming Catering Consuming Searching Providing Technology Manufacturing Meal Online ordering Selling online Delivering Boxes
Massive investmentsin Food tech
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Nb of startups by foundation year
$5.2bTop 120 startups
as of Fev.2015
Searching
ProvidingTechnology
Selling online
Meal Online ordering
CateringManufacturing
Delivering Boxes
13%
54%
15%
2%
3%4%
14%
6%
6%
RocketInternet
2000 2001 2002 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
35
30
25
20
15
10
5
0
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invested by year invested by financing round as of Dec.2014invested by year
Nb of Financing Events by year Nb of Financing Events by year Nb of Financing Events
...not only in Meal online ordering... ...with late stage growing... ...namely in europe
Farming Catering Consuming Searching Providing Technology Manufacturing Meal Online ordering Selling online Delivering Boxes
North America Europe Asia
Late stage IPO Series D Series C Series B Series A Seed
2000 2003 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2000 2003 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
120
100
80
60
40
20
0
120
100
80
60
40
20
0
0
1
2
3
Seed Series A Series B Series C Series D IPOLate stage
120
100
80
60
40
20
0
140140140
0
1
2
3
0
1
2
3
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111001101011111100101100010100011011100110101100000111100101100010100011011100110101111110010110001010001101110011010111111001011000101000110001011110010110100101010000011110010110001010001101110011010111111001
111001101011111100101100010100011000101111001011010010101000001111001011000101000110111001101011111100101100
1110011010111111001011000101000110001011110010110100101010000011110010110001010001101110011010111111001011000101000
011010011010110000101111001011010010100010111100110101101111001011001110101011010011010110000101111001
01101001101011000010111100101101001010001011110011010110111100101100111010101101001101011000010111100101
1110011010111111001011000101000110111001101011000001111001011000101000110111001101011111100101100010100
11100110101111110010110001010001101110011010110000011110010110001010001101110011010111111001011000101000110111111001101011111100101100010100011000101111001011010010101000001111001011000101000110111001101011111100101100
0110100110101100001011110010110100101000101111001101011011110010110011101010110100110101100001011110010
11100110101111110010110001010001101110011010110000011110010110001010001101110011010111111001011000101000110111001101011111100101100010100011000101111001011010010101000001111001011000101000110111001101011111100101101100033entrepreneurs is the first venture capital company in
the world focusing on tourism, alongside with food and wine tech.
Having unique capabilities in dealflow acquisition, we rely on sucessful entrepreneurs (aka Mentors) and proven methods from TechStars and the Global Accelerator Network to grow the next generation of entrepreneurs and great StartUps.
Based in Bordeaux, France, 33entrepreneurs is founded by entrepreneurs, funded by entrepreneurs, for entrepreneurs.
Want to know more about this report ?Contact us for more details.
ACCELERATING STARTUPSInvesting in the most promising teams and tech is extremely challenging. At 33entrepreneurs, we combine unique skills to discover the best teams worldwide and to grow them, from seed level, as future industry leaders.
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UNIQUEDEALFLOW
ACQUISITIONat 33entrepreneurs
Web PlatformsApplications from
AngelList, F6S
Quantitative VCAutomated Search
from the Web
Investment AnalystsQualitative Searchon specific targets
StartUp ContestsFace-to-face meetings
in real life
Mentors’ Connections
Qualified targets
CommunicationSponsors, press& social media
University LabsTo build
in the future