Spain Foodtech Partners: Pascual
Founded in 1969, Pascual, a leader in the food sector, has a range of more than 200 products, 6 factories, 27 local offices and more than 2,000 employees in the 63 countries in which it operates.
Pascual advocates from the outset the creation of the Corporate Venturing branch of the company: Pascual Innoventures.
In 2020, Pascual and Eatable Adventures launch a collaborative challenge dedicated to international startups active in the production of solutions for the plant-based dairy sector.
Mylkcubator, the world’s first incubator specialized in the development of innovation projects for the dairy sector, was launched in May 2021. Since then, it has achieved incredible success, positioning Pascual globally as an innovative and cutting-edge company.
4 early stage startups from different continents are chosen, the main Venture Capital of the sector join to have access to Mylkcubator’s dealflow. In 2022, the second edition has been launched.
“The quality of the startups selected in the first edition has been amazing and shows us that this is clearly the way forward. The visibility of these projects, as well as the investment projects they are receiving is a sign that the industry is ready for this technological transition.”
Gabriel Pascual, director of Pascual Innoventures