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Foodtech community FoodHack raises $1m to become a new AngelList for climate tech

FoodHack, the fast-growing foodtech community, and newsletter, has raised $1m to develop and publicly launch HackVentures, its investment platform.

The Switzerland-based team plans to enable angel investors to write cheques from $1,000 up to around $100k into startups working on “better people and planetary health” across the world.  The idea is to create an investment platform like AngelList for the fast-growing world of food and climate tech startups. 

“For startups, it’s a question of investor quality: would they rather raise from a pool of 100 investors that have a deep understanding of their sector or 1,000 investors that are investing opportunistically in the next big thing?” says Arman Anatürk, FoodHack cofounder.

“While AngelList is a fantastic platform to help tech startups raise funding fast, we want to do the same but solely focused on investors and startups across the climate sector.” 

Read more at sifted.eu

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