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Agri food tech

Eatable Adventures to lead FoodSeed Accelerator and boost development of innovative agrifood start-ups in Italy

young woman with glasses smiling
2 min read
AUTHOR: Fiona Holland
Val d'Orcia, Tuscany, Italy. A lonely farmhouse with cypress and olive trees

Leading foodtech accelerator Eatable Adventures has been chosen by CDP Venture Capital to lead FoodSeed – Italy’s national agri-food tech acceleration programme.

The announcement comes as the programme received more than €15 million in funding from investor partners including CDP, Foundazione Cariverona, UniCredit, and Eatable Adventures. €3.24M was invested by Eatable Adventures, with the remaining partners contributing €12M.

The programme is set to last three years and will take in up to ten start-ups a year who are building innovative projects around the three themes – Sustainable Agriculture, Food and Beverages, and Circular Economy.

The new partnership will mark the start of Eatable Adventures’ commercial activity in Italy, where it has offices in Verona and a manufacturing hub in the north of the country.

Vice President and General Manager of the Italian branch of Eatable Adventures, Riccardo Fisogni, has been picked to lead the programme and promote the company’s plans to develop new initiatives in 2023 that are focused around improving the local food system and building collaborative projects.

According to Fisogni, “Italy is a strategic market on the global stage, and it is now critical to accelerating the food system transition. The FoodSeed programme will power a new generation of foodtech start-ups in Italy, assisting in the global transition of the food system.

“It is an excellent opportunity for both start-ups and Italian agrifood companies facing significant economic and environmental challenges. Innovation is the solution to our industry’s major challenges and a key driver of its competitiveness.”

Eatable Adventures Italy also says it hopes to encourage the development of new initiatives and open innovation projects to develop the local ecosystem and boost the economic progress and competitiveness, by partnering with companies, start-ups, universities, and R&D spaces.

Founder and CEO of Eatable Adventures, José Luis Cabañero added: “The Italian food industry is undeniably a strategic market on a global scale, and its emerging ecosystem provides a fantastic opportunity to accelerate the implementation of new technologies in the sector”.

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