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Food Tech Sector

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About Food Tech

There are 34K companies in the Food Tech sector across the world, with 5.53K funded companies having collectively raised $91.7B in venture capital money and private equity. Overall 2.02K of these are Series A+ funded and the sector has seen the creation of 37 Unicorns.
Food Tech sector has seen 1.01K acquisitions and 151 IPOs.
This sector includes companies that use Internet-based technologies for preparation and distribution of food and beverages and companies that develop next generation foods to replace conventional food habits.
Food Tech sector is also known as Food Production Technology, Agri-food Technology or Food Innovation.

Companies included in Food Tech sector

Companies that provide online platforms to discover, buy and sell food and beverages, develop IoT-enabled food appliances, SaaS-based solutions, aggregate and publish food-related content, develop next-generation foods like food substitutes, meal replacement products, fortified food and insect-based food.

Companies excluded in Food Tech sector

Companies that build discovery platforms for multiple services along with restaurant discovery, restaurants allowing table reservation or food ordering from their websites, retailers and food product brands that sell through both offline and online channels, personal blogs of food-specific content.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions
Also known as
Food Production Technology or Agri-food Technology

Market Map of Food Tech

The market map of Food Tech gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in Food Tech sector are Nutritional Formula, B2C Farm Produce E-Commerce and Plant Based Foods.
Recent BlueBox/Industry Definition image of Food Tech

Reports related to Food Tech

Here are some reports related to Food Tech sector:
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Top Companies in Food Tech

There are more than 34K companies in Food Tech. Swiggy is the top Food Tech company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Food Tech companies globally:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Hyperlocal delivery and convenience platform for ordering food and groceries
Bengaluru (India)
2013
Public
$3.62B
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers
San Francisco (United States)
2013
Public
$2.5B
Operator of an online platform for on-demand delivery services
Barcelona (Spain)
2015
Acquired
$1.16B
Operator of an online marketplace connecting consumers with local merchants
2013
Acquired
$2.95B
Online platform offering food ordering and delivery services
Chicago (United States)
2004
Acquired
$284M
Get a longer list of companies

Companies founded year-on-year in the Food Tech sector

19 new startups have been founded so far in 2026 in the Food Tech sector. 3,578 Food Tech startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Food Tech sector2026202520242023202220212020201920182017Founded Year07501,5002,2503,0003,750Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
19
2025
136
2024
384
2023
1,258
2022
1,782
2021
2,521
2020
3,578
2019
2,203
2018
2,069
2017
1,833

Companies founded across countries in the Food Tech sector

United States has 7,634 Food Tech startups, the most by any country, followed by United Kingdom which has 5,582 startups and India which has 4,172.

Companies founded across countries in the Food Tech sectorUnited S...United K...IndiaGermanyCanadaAustrali...FranceSpainItalyBrazilCountries02,0004,0006,0008,00010,000Count of Number of Companies
  • Total Number of Companies
Country
No. of companies
United States
7,634
United Kingdom
5,582
India
4,172
Germany
1,934
Canada
1,047
Australia
722
France
684
Spain
606
Italy
553
Brazil
545

Stage-wise distribution of the Food Tech sector

Out of the total 33,954 Food Tech companies, 5,530 have secured funding. Among them, 2,017 have reached Series A or higher, and 1,522 to Series B or beyond.

Founded - 33,954
Funded - 5,530
Series A+ - 2,017
Series B+ - 1,522
Series C+ - 1,310
Company Stage
No. of companies
Founded
33,954
Funded
5,530
Series A+
2,017
Series B+
1,522
Series C+
1,310
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  • 34K+ Total Companies
  • $91.7B+ Total Funding
  • 5.5K+ Funded Companies
  • 150+ IPOs
  • 1K+ Acquisitions
  • 70+ Reports

Top Investors in Food Tech

Europa is the top investor in Food Tech companies based on number of companies invested.
Here are some top investors in Food Tech:
See a more detailed list of investors

M&A activity in Food Tech

In the year 2026, till June 2026, 24 acquisitions happened in Food Tech sector. Last year, in 2025, a total of 73 acquisitions happened in Food Tech sector.
Here are some recent, important acquisitions in Food Tech:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Jun 30, 2026
Business Acquisition
Jun 18, 2026
Business Acquisition
May 28, 2026
Business Acquisition
May 26, 2026
Business Acquisition
Apr 30, 2026
See a more detailed list of acquisitions

Acquisition trends in Food Tech

Here are the acquisition trends in Food Tech:

Acquisition trends in Food Tech2026202520242023202220212020201920182017Acquisition Round Date (Yearly)0255075100125Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
24
2025
73
2024
75
2023
74
2022
109
2021
112
2020
67
2019
78
2018
94
2017
78

IPOs in Food Tech

In the year 2024, till December 2024, 5 IPOs happened in Food Tech sector.
Here are some recent, important IPOs in Food Tech:
Company
IPO Date
Exchange Symbol
Dec 19, 2024
Tokyo Stock Exchange (TSE)
Dec 12, 2024
Dubai Financial Market (DFM)
Nov 13, 2024
National Stock Exchange (NSE), Bombay Stock Exchange (BSE)
Jul 01, 2024
National Association of Securities Dealers Automated Quotations (NASDAQ)
Apr 18, 2024
National Association of Securities Dealers Automated Quotations (NASDAQ)
See a more detailed list of IPOs

Top News in Food Tech

View all Food Tech Top News

FAQs about Food Tech sector

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