Food-X Picks 10 Food Startups for Fourth Cohort and $500k of Investment

This was originally published on AgFunderNews

Food tech accelerator Food-X has announced its fourth cohort of startups. Tapping into the accelerator’s mentor network, business model development, and pitch prep, the 10 companies will spend the next several weeks ramping up for Demo Day on June 2, 2016, in New York City.

Food-X makes an initial $50,000 investment in each company in exchange for a 7 percent equity stake. Twenty thousand dollars is provided when the startup begins the program, and the remaining $30,000 is provided at the completion of the program in the form of a convertible loan note.

Full article: https://agfundernews.com/food-x-picks-10-food-tech-startups-for-fourth-cohort-and-500k-of-investment5666.html

Apply to Food-X at https://food-x.com/apply/