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The investment in Foodtech reaches 268 million euros, in our country

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The accelerator, Eatable Adventures, presented its study “The State of Foodtech in Spain 2022”, where the pulse of the entrepreneurial ecosystem of our country is taken, compiling key information on the characterization of the Foodtech sector, as well as on the evolution of investment with compared to previous years.

Generally speaking, we are ahead of a very positive year for the sector. Despite the macroeconomic context and global pressures that have a significant impact on the agri-food system, the sector has received confidence, not only from investors, but also from companies and governments, which have taken a much more active role in the growth of our ecosystem. In this sense, the industry’s commitment to externally seeking solutions to its industrial challenges and new opportunities in the market stands out, through collaboration models with startups based on open innovation.

Thanks to this, in 2022 we are facing a more mature market with more solvent Technologys and intellectual properties that have aroused the interest of the international community. “Spain is consolidating its position as a Foodtech Nation with a flourishing ecosystem and great technological and intellectual solvency. Technologys offer us an excellent opportunity to build the food system of the future: more efficient, sustainable and that guarantees food security for all”, has commented Mila Valcárcel, Managing Partner of Eatable Adventures.

Greater technological solvency and great growth in terms of employment

In 2022, Spain remains in the global top 10 in terms of the number of Foodtech startups, whose latest census, according to the report, adds a total of 412 startups. At the regional level, Madrid, Catalonia and Andalusia lead the ranking of communities that concentrate a greater number of startups, with 27.6%, 25.7% and 11.8%, respectively.

Regarding the teamsCuriously, the age of entrepreneurship in our country is quite late, with the average age of entrepreneurs standing at 37.5. This year, the increase in the share of women stands out, with 24.23% of partner teams made up of women, 4 points above last year.

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This sector is increasingly emerging as a source of qualified employment, experiencing growth close to 26% during 2022 and with a total of 6,300 employees.

Regarding the key areas of the Foodtech sector, for yet another year, four large categories fairly balanced between them: Agritech (24%); Production and transformation of food (34%); Logistics, Distribution and Retail (25%); and Restaurant Tech (16%). If we go deeper into each of the subcategories of these areas, the ones that lead the global ranking are the “direct to consumer” models (21.12%), product innovation (15%) and the digitization of the field (14%). .

As previously mentioned, we note a greater maturity in the technological solvency of startups and in the management of their intellectual property. The percentage of startups that decide is growing patent their solutions or generate utility models. 32.9% of startups have patents, 56.6% have a trademark registration and 29% have trade secrets.

Speaking of Technologys, the so-called “Deep Tech” continue to lead the technological transformation of the industry, although some important variations can be seen compared to the previous year: artificial intelligence increased by more than 12 points, as well as machine learning and IOT, with a increase of 8.5 and 9.6 points, respectively. Biotechnology continues to lead the ranking of the Technologys used, although it decreases slightly compared to the previous year.

A sustained investment and an increase in larger rounds

2021 was undoubtedly the year of inflection for the sector, with overwhelming investment data (695 million euros) and growth of 220% compared to the previous year. However, we must bear in mind that Glovo was the protagonist, throughout that year, of an investment round of 450 million euros, hence the so-called “Glovo effect” and its impact on the total investment figure.

This year, the total investment figure stands at 268 million euros, a very positive result that places investment growth at 9.38% compared to the previous year, if we discount the investment round reached by the Catalan startup . In addition, the increase in series A rounds stands out, growing by close to 20%, 5 points more than in 2021. The largest investments have occurred in startups that work in restaurants/retail, as had been happening previously, but the irruption of the protein alternative stands out as a great recipient of investment capital. The top 5 startups that lead this ranking are Cover Manager (€52M), Heura (€20M), Good News (€11M), Nova Meat (€6M) and Cubiq (€6M).

Finally, regarding the keys of increase, startups highlight in first place the determining role of international investors (88.06%), collaboration with research centers (63.64%) and the food industry. However, there is a certain cooling in the perception of support from local investors (43.28%), Spanish universities (43.28%) and public aid to the sector (29.86%). Internationalization undoubtedly has a key role as the main tool to boost the growth of startups.

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FI Group contributes to the launch of the third NextGenerationEU Guide

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The third edition of the report has already been published “NextGenerationEU Guide, for the industry to better understand and take advantage of its opportunities”. As usual, it has been published by the EAIC (European Association of Innovation Consultants), of which FI Group is a part.

The report, which once again included the participation of the FI Group, explains how each of the 24 European countries distributes the almost 326 billion European aid granted in their National Recovery and Resilience Plans.

The latest update of the report highlights the maximum financial contribution that corresponds to each Member State, calculated taking into account the growth in real GDP in 2020 and the accumulated growth in real GDP in the period 2020-2021.

Most Member States saw their maximum financial contribution in the aid component of their Recovery plans decrease, due to changes in the calculations made in June 2022, based on real GDP growth data. The only countries that saw their funds increased were Czech Republic, Germany, Spain, Italy, Austria Y Portugal.

Main updates and news reported by Member States

  • The implementation of the Recovery and Resilience Plans is in full swing: calls have been launched to receive proposals, projects are being evaluated and aid agreements are being signed.
  • Member States have started work on the review of plans, following the decision made on June 30, 2022 on the final distribution of funds; some of the new plans are still being evaluated (for example: more funds in Lithuania to boost energy independence, renewable energy and cybersecurity).
  • The report also highlights the main calls for proposals launched in each of the 24 Member States (for digitization, innovation, circular economy, etc.), both those active right now and those planned soon.
  • Some of the Member States (Finland for example) have already distributed all the funds allocated to them in their Recovery and Resilience Plans.

Alejandro Álvarez, Grants Director at FI Group, as well as a member of the EAIC Board and coordinator of this report, highlights that it is a unique initiative at a European level. “We have been following the development of the Recovery and Resilience Plans since the start of the negotiations and have managed to offer comprehensive information on the opportunities that are emerging across Europe. Building on the success of this pioneering initiative, we are looking to broaden the focus of the report to provide an even more valuable overview of the opportunities for all key players in the industry.” explains Alvarez.

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Bring Your Own License is now part of the Nutanix on OVHcloud portfolio

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OVHcloud has recently included the option to use Bring Your Own License or BYOL in its portfolio of Nutanix on OVHcloud solutions.

The Nutanix users they can now bring their existing Nutanix Cloud Platform licenses to dedicated OVHcloud Hosted Private Cloud infrastructures, making it easier for them to transition to the cloud. OVHcloud, which recently received the Nutanix EMEA Service Provider of the Year award, continues to expand its offer of Nutanix on OVHcloud solutions with the addition of the BYOL offer to complement the existing pack offer.

Existing Nutanix customers and partners can now bring their Nutanix Cloud Platform licenses to Nutanix-certified High Grade HCI Intel dedicated servers, benefiting from license portability and application migration transparency. Customers’ Nutanix hyper-converged environment (HCI) is pre-installed in just hours and ready to use with their custom infrastructure.

The Nutanix on OVHcloud solution enables a faster migration of on-premises applications to the cloud, while benefiting from OVHcloud infrastructures. With a low carbon footprint and best-in-class PUE and WUE indices, the OVHcloud infrastructure stands out for its global sustainability, thanks to a circular group approach that allows for maximum optimization of the server’s life cycle. In addition, OVHcloud data centers meet high data protection and security standards.

“We are delighted to continue our strong partnership with Nutanix, addressing new use cases and providing new business opportunities for our ecosystem partners”says Sylvain Rouri, Chief Sales Officer at OVHcloud.

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User needs

This new offering allows OVHcloud to meet the needs of users, covering seasonal peaks in infrastructure demand and developing disaster recovery plans (DRPs), all while providing a cost-effective solution. Like the Nutanix on OVHcloud bundle offer, the BYOL offer consists of 27 variants of dedicated servers and Nutanix High Grade HCI certified servers based on Intel processors and includes inbound and outbound traffic, helping to improve OPEX for significant savings compared to non-hyperconverged infrastructure as a service (IaaS).

“As a company, we continually demonstrate the power of strong partnerships. OVHcloud already has an excellent understanding of our technology with its existing Nutanix on OVHcloud solution. For this reason, it makes sense for us to expand our relationship to include a BYOL offering.”says Dom Poloniecki, Worldwide Sales Chief of Staff and Head of Sales Strategy & Operations at Nutanix. “The real winners here are our common customers and partners who are looking for cost-effective ways to scale to an OPEX model in the cloud, but who, to date, have not yet made the switch from an on-premises environment. With OVHcloud and Nutanix, they have the best of both worlds.”

The Nutanix on OVHcloud solution is a scalable and ready HCI platform to use that is offered both as a pack and BYOL, and is based on a dedicated Hosted Private Cloud OVHcloud infrastructure certified by Nutanix. It is now available online in EMEA and Canada, with data centers located in Canada, France, Germany and the UK.

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How to choose hosting and domain for my website

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The digitization in small and medium-sized companies it is no longer just a trend, but a necessity. And the first step for those who continue to lag behind is the creation of a website. But where to start? Part of the aid from European funds is destined to the development of this type of tools where, in addition to an innovative design, you will need a good hostingso that everything works perfectly.

The hosting provider: what should you demand?

The hosting provider is something like the home where your website is cared for and protected. Therefore, it must be reliable and secure, but for businesses with less budget, it also cheap. Your digital project must also have a domain, the obtaining of which falls within the responsibilities of this provider. If all these concepts are new to you, don’t worry, here we help you with some tips:

  1. That the hosting is hosted in Spain. This will allow you minimize costs but without having to give up offering your visitors a good user experience. When you have your data in the country, all the traffic you have from here (the vast majority) will enjoy minimal latency, and optimal loading times, they will not have to wait several seconds for the web page to load, and they will not experience very marked delays when interacting with her.
  2. That he Technical support is in Spanish and with 24/7 coverage: If you run a small business or a personal project, you know that work and problems can arise at any time. Having support in your own language and that is available will always help you a lot in your project.
  3. Servers with NVMe SSD drives: this is essential for your project to load faster and for it to offer the level of performance that your users deserve.
  4. Hacking and cyberattack prevention services: essential for your website to be safe and protected.
  5. Flexibility and scalability: The hosting you choose should give you the possibility of adapting it to your needs, and to the changes that occur in your project. If your idea is to grow, it is essential that the hosting do it with you.
  6. Possibility to try it for free: This is important because it will allow you to discover if the hosting you have chosen is really the right one for you, and without you having to spend a penny.

An example of hosting that meets all these requirements is Axarnet which, for a price starting at 2.49 euros, has all the features described above. Also, you can try it for free for a month without having to enter any payment method. It will also allow you to register your domain for free in annual contracts, and you will enjoy a Let’s Encrypt SSL certificate at no cost.

In the event that you already have a domain, you can always transfer it to Axarnet hosting and in a very simple way. What are you waiting for to have your own web showcase?

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