FoodTech Unicorns 2024 - DigitalFoodLab

Published on April 30, 2024

At DigitalFoodLab, it's noted that there are currently 59 FoodTech unicorns, a decrease from 62 in the previous year. Despite this decline, within the context of a nearly 60% reduction in global funding for foodtech startups between 2021 and 2023, it's remarkable that only five startups saw their valuations drop below the $1 billion threshold. Additionally, the emergence of three new unicorns (Zepto, Restaurant365, eFishery) in 2023, along with one (Inari) in the first quarter of 2024, signifies continued growth and potential within the industry.

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