PitchBook：2025年一季度食品科技风险投资趋势报告（英文版）

Foodtech VC activity slowed significantly in Q1, with $1.4 billion invested across 202 deals—a quarter-over-quarter decline of 49.6% in capital and 15.1% in deal count. Investor caution remains elevated, with a marked shift toward more mature startups boasting proven business models. This has led to a sharp reduction in seed and early-stage funding. Notably, some investors have pulled back from foodtech—or from venture capital altogether. As illustrated in the “Count of unique VC investors th