Abante: Leading the Charge in Food Tech Innovations

The article discusses the burgeoning field of food technology (food tech) as an investment opportunity, with a special focus on the activities of private equity firm Abante Asesores SA and its collaboration with McWin Capital Partners. Highlighting the substantial environmental and health costs associated with traditional food production, food tech emerges as a promising sector applying innovative technology to enhance sustainability and address global challenges. The market is substantial, with a valuation estimated at $8 trillion globally, although negative impacts can cost up to an additional $6 trillion according to the World Bank. The food tech sector includes technological advancements such as precision agriculture, aquaculture, vertical farms, improved ingredients, alternative proteins, and innovations in the food delivery system. The article indicates a strong consumer shift towards environmentally friendly choices, supported by a study from Eatable Adventures that showed 73% of consumers willing to adjust their habits and 53% preferring brands with transparency. In 2024, investment in Spanish food tech hit €179 million, and companies in this sector like Cook Unity, Clever Carnivore, Every, and Catcher are part of McWin's food tech ecosystem. These firms receive support from McWin's Food Tech Fund I FCR, a collaboration with Abante, targeted at €250 million. Abante's General Director, Joaquín Casasús, underscores the role of private equity in providing long-term investment avenues that entail accepting liquidity trade-offs for the potential of diverse financial returns.