foodtech.ac

AI Verified

Location

Poland


Investor type

Accelerator/Incubator


Current investment status

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Website

https://foodtech.ac


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Company address

Warsaw, Poland


Founding year

2019


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Criteria Requirements Match
Regions Eastern Europe, Northern Europe, Western Europe
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Stage Seed, Pre-Seed
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Company description

foodtech.ac represents Poland's pioneering startup accelerator exclusively dedicated to food innovation initiatives. Founded in 2019 by a trio of accomplished entrepreneurs and investors—Piotr Grabowski with expertise in technology, Michał Piosik specializing in food sectors, and Michał Mądry focusing on growth strategies—the accelerator emerged from their shared recognition of technological inefficiencies plaguing the contemporary food industry. Their collective vision aims to revolutionize food production and distribution systems to benefit both humanity and environmental sustainability, leveraging their diverse backgrounds to provide comprehensive support to emerging food technology ventures.

The accelerator's investment portfolio showcases remarkable diversity within the food innovation ecosystem, encompassing cutting-edge ventures such as plant-based meat alternatives, bean-derived vegan yogurts, and lupine-based cheese products. Their investments extend beyond food products to include enabling technologies like vertical farming systems and sustainable hemp-based packaging solutions. This strategic investment approach demonstrates foodtech.ac's commitment to addressing multiple aspects of the food value chain, from production methods to consumption patterns and packaging sustainability, creating a holistic impact on the industry's transformation.

Poland's rich heritage of scientific innovation, agricultural expertise, and entrepreneurial spirit provides fertile ground for foodtech.ac's mission. The accelerator has successfully cultivated a vibrant community that connects forward-thinking investors with visionary food technologists and producers. By facilitating these strategic partnerships, foodtech.ac has established itself as a central hub for food innovation in Eastern Europe, capitalizing on Poland's underutilized potential in the global foodtech landscape. Their community-building approach has attracted significant interest from investors eager to participate in developing sustainable food solutions for future generations.

Since its inception, foodtech.ac has demonstrated remarkable efficiency in identifying and nurturing promising ventures, having conducted seven acceleration program batches that evaluated over 350 applications and selected 37 exceptional startups for participation. The accelerator's effectiveness is evidenced by the subsequent success of its portfolio companies, with 13 graduates collectively securing €4.8 million in follow-on funding. This impressive capital attraction ratio validates foodtech.ac's selection methodology and acceleration program quality, positioning it as an influential catalyst in transforming Poland's food innovation ecosystem and contributing to global sustainable food solutions.

Highlights

Transforming food industry with innovative startups
Accelerated 37 startups with €4.8M in funding so far

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Frequently asked questions

Where is foodtech.ac located?

foodtech.ac maintains its global headquarters in Poland, serving as the strategic center for its operations. The company's primary corporate offices are located at Warsaw, Poland.

What investment stages foodtech.ac focuses on?

foodtech.ac focuses its investment activities on companies operating in the following stages: Seed, Pre-Seed. foodtech.ac provides strategic capital and expertise to support promising businesses at these critical phases of development.

Where does foodtech.ac invest?

foodtech.ac maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Eastern Europe, Northern Europe, Western Europe.

When was foodtech.ac founded?

foodtech.ac was established in 2019, marking the beginning of its journey as an investment firm.

What kind of investment firm is foodtech.ac?

foodtech.ac is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.