Israeli venture fund PeakBridge and the European Institute of Technology (EIT) announced today the launch of PeakBridge FoodSparks, a new fund that focused on European seed and early-stage agricultural and food tech startups.

The new fund will invest up to €30 million Euros (~$35.7 million USD) over the next four years. FoodSparks will look to invest in roughly 10 European startups per year, with a check size of €500,000 (~$595,000 USD). According to the press announcement emailed to The Spoon, startups interested in receiving funding must be domiciled in Europe/EFTA and Israel, and have “protectable and scalable technology, and align

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