STARTUP PROGRAM 2021 - Foodbytes!
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STARTUP PROGRAM 2021
WHAT IS FOODBYTES?
Pitch is an annual multi-
week program that helps startups
validate and grow their businesses – and
their impact – through global industry
exposure, tailored mentorship sessions,
FoodBytes! is one of the
1:1 strategic connections, pitch 2020 FoodBytes!
industry’s most valuable refinement and media visibility. Pitch snapshot
global networks for food
and agriculture startups. The startup experience doesn’t end with 45
startups selected
the FoodBytes! Pitch program. The 45
Rabobank’s discovery and innovators become part of the 14
engagement platform for countries represented
FoodBytes! community of more than 350
early stage innovation,
FoodBytes! champions alumni and receive ongoing connections 71%
and guidance. BIPOC* and/or woman founded
cross-industry
collaboration between the 205
most promising startups Rabobank views our alumni as the startup corporate connections
and aligned corporates clients of our future – our ambition is to 110
and investors.
support them throughout their Startup investor meetings
lifecycles.
*Black, Indigenous & People of Color
PITCH CRITERIA
WHAT IS FOODBYTES? CRITERIA
Robust, diverse team
Comprehensive domain and entrepreneurial experience
Validated business model
Demonstrated product market fit
Focus on people, profit & planet
Concept is focused on the triple bottom line
brings together the Collaborative mind-set
History of / ambition to working with corporate partners
MOST PROMISING
emerging companies who have a: Validation or growth stage business
Seed to Series B
2021 Scouting Goals
350 70% 35% North America 25% Asia Pacific 25% Europe
startup BIPOC and/or
applications woman founded 10% Latin America 5% Africa
WHAT IS FOODBYTES? BENEFITS
SUSTAINABLE SUPPLY CHAINS
blockchain/traceability, livestock management, animal feed efficiency, meat
processing automation, byproduct upcycling, commodities processing, shelf-life
FOODBYTES! extension, clean food processing
FOODBYTES! ALUMNI EXAMPLES
SECTOR FOCUS
AREAS
IMPROVED RESOURCE MANAGEMENT
carbon sequestration & reduction, precision irrigation, food loss mitigation,
In addition to our sustainable packaging, manufacturing robotics, on-farm automation, ag
criteria, we are biotechnology, precision ag & AI, indoor farming
looking for startups FOODBYTES! ALUMNI EXAMPLES
pioneering solutions
in the following
spaces, aligned with THE NEXT FRONTIER OF NUTRITION
our corporate and
investor member functional ingredients (i.e., aging, mental clarity, performance, immunity), food
interests: biotechnology/fermentation, cellular agriculture, grain & sugar alternatives, meal
prep/home cooking simplification, personalized nutrition, consumer wearables &
data gathering
FOODBYTES! ALUMNI EXAMPLES
WHAT IS FOODBYTES? PROCESS
STEP 1 : Fill out the Application
on our Website (April 5 – May 16)
STEP 2 : Internal review process
70+ Rabobank, Corporate & Investor members
Approx. 15% Get
Selected to Pitch
STEP 3 : You’re in our
Alumni Network!
Webinars with Financing Support / Exclusive Rabobank Online Community
industry experts Funding Sector Research And More
Our participation in Foodbytes! was an important milestone
for our commercial traction as a young foodtech startup.
FOODBYTES PROGRAMS
We were introduced through Rabobank’s extensive network
to many of the most influential CPG companies and
PITCH 2021 developed business relationships lasting to this day.
Rabobank’s F&A Innovation Fund then participated in our
Series B..
In an increasingly digital environment, we have Taly Nechushtan
adapted our 2021 programming to offer unique InnovoPro, 2018 Pitch Alum
value and connections.
APRIL 5 – MAY 16 – STARTUP APPLICATIONS Pitch 2021 Members
AUGUST 2 - 45 STARTUPS SELECTED
OCT 12-14: MENTOR WEEK (3 to 4 hrs/day)
Small group mentoring tailored to business sector and stage
(incl. fundraising, go-to-market strategy, legal, vendor financing)
Trend & Investment panels led by Member representatives and
Rabobank experts
Scheduled & open 1:1 meeting slots w/ aligned food & ag investors
OCT 18-21: JUDGE DELIBERATION WEEK:
Expert judges review pitch submissions and selects 15 finalists
NOVEMBER 8-10: PITCH WEEK:
Rehearsal, recording and public livestreaming of pitches from 15
finalists. 3 winners announced, each receiving a consulting package
from select Members
WHAT IS FOODBYTES? BENEFITS
ALUMNI
ECOSYSTEM Alumni receive:
1. Connections to corporates and 4. Connections to Rabo Food & Agri
BENEFITS investors aligned with your business, Innovation Fund that can result in
stage and goals direct investment
2. Ongoing industry visibility and 5. Personalized support and guidance
recognition that can lead to business from Rabobank network on industry
opportunities insights / financial advisory as you scale
350+ 3. Sharing of timely fundraising & 6. Network of fellow mission-driven
alumni
partnership opportunities with aligned entrepreneurs, connected via monthly
$1.1Bn corporate & investor members alumni newsletter & LinkedIn group
in funding raised
since participating
ProAgni continues to receive inbound interest from investors and engaged corporate
300+ members. This global network has given us significant operational leverage. We’d never
have these kinds of conversations in AUS alone. We couldn’t have expected more out of
corporate leaders
the FoodBytes! program.
25,000 Lachlan Campbell
digital network ProAgni, 2020 Pitch Alum
WHAT IS FOODBYTES? BENEFITS
HEAR
FROM OUR
STARTUP
FoodBytes! provided Participating in FoodBytes! gave us
COMMUNITY us connectivity into an unparalleled
Foodbytes! completely
the CPG world, which reinvigorated our platform to
had been missing business and set up communicate our
from our long-term much of our future value proposition to
strategy as an growth. the industry.
upstream player.
We found a partner The Rabo F&A
This opportunity led that is helping us take Innovation Fund
to partnerships, our product from our ultimately ended up
investors and local market through leading our Series A.
customers. a national roll out.
Andrew Diprose
Jake Joraanstad Kobi & Abev Regev Rootwave, 2018 Pitch Alum
Bushel, 2019 Pitch Alum Pleese Foods, 2020 Pitch AlumSTARTUP Rabobank products & services
Early Stage & High Growth SME / Mid-Market Wholesale Companies
INNOVATION Start-Ups / Scale-Ups Corporate Clients ($20M+ EBITDA)
AT RABOBANK Rabobank F&A Innovation Fund
Capital Markets Funding
IPO
Bonds
Rabo Frontier Ventures Syndicate debt funding
Rabobank supports
companies
Rural Banking / Farm Financing
throughout their
lifecycle.
Wholesale Banking / Corporate Lending
Capital Markets / M&A Advisory
FoodBytes! Corporate
provides early- Scale up
Debt
Funding
stage startups an Series
C/D
funding
entry point into Series B
Rabobank’s Seed
Series
A
network.
Company StageNETWORK
RABOBANK NETWORK
ALUMNI OPPORTUNITIES
EQUITY PRIVATE PLACEMENT EQUIPMENT FINANCING
Assists emerging growth companies, including alumni, Actively seeks to support startups with equipment
Equity Private with the origination, structuring and execution of private needs of 100k annually. In addition, their expertise is
Placement equity capital formation. The team represents companies an invaluable insight for startups seeking to
with capital raises of $15M+ by leveraging Rabobank’s understand their equipment needs as they scale.
vast network of food industry strategic and institutional
investors.
WHOLESALE CLIENT TRANSITION
FUNDS
Wholesale As alumni grow to $20M+ EBITDA, our wholesale
Client Transition banking team explores how Rabobank can put our
capital to work to help them scale.
EUR 125m fund investing across the EUR 160m fund investing to build a
entire F&A supply chain with a diversified portfolio in the fintech RETAIL BANKING
focus on Series A and B rounds. and the food & agricultural sectors.
Check size of EUR 1-12m. Investments of EUR 0.5 – 5m per
In select regions, Rabobank offers retail banking
investment round
opportunities, Including payment, savings, finance
and insurance solutions for entrepreneurs.
PILOT
STARTUP M&A ADVISORY
Tailored corporate-led collaboration program that
pairs industry leaders with emerging companies to Startup M&A Provides strategic advisory to emerging growth
companies, including alumni, on sales, mergers and
Pilot. tackle a specific goal or industry challenge. Advisory
joint ventures.CONTACT US
@FoodBytes
Fill out our application
to get involved
foodbytesworld.com/apply
Subscribe to our newsletter:
@FoodBytesbyRabobank
foodbytesworld.com
Nina Meijers, Startup Relationships
nina.meijers@Rabobank.com
Trevor Sieck, Startup Relationships
trevor.sieck@Rabobank.com FoodBytes! by Rabobank
Sonia Shekar, Scouting and Insights
sonia.shekar@Rabobank.comYou can also read
