About this episode

In this episode, Jonas von den Driesch discusses the €8M Series A investment in Food Forecast and the due diligence practices of European VCs.

Episode 99: SHIFT Invest: Jonas von den Driesch on the €8M Food Forecast Series A and why European VCs run Due Diligence Post-Term Sheet In this episode, I sit down with Jonas von den Driesch, an investor at SHIFT Invest, a Dutch impact venture capital fund that just launched its fourth fund with a first close of €90M. Jonas breaks down the exact timeline and thesis behind their recent €8M Series A co-lead investment in Food Forecast, an AI-driven platform optimizing ultra-fresh bakery production to eliminate food waste. We dive deep into the cultural nuances of European venture capital, specifically why it is standard practice to run heavy, external due diligence after a term sheet has already been signed. Jonas also explains why non-Dutch startups must have commercial proof points to secure funding, and how Food Forecast proved its "land and expand" growth model within enterprise bakery accounts. 🎧 Listen to the full episode to hear Jonas's take on the SaaS AI threat and why a proprietary "data moat" is the only way to survive the rise of LLMs like Claude. Key Facts SHIFT Invest: Jonas von den Driesch: https://www.linkedin.com/in/jonas-von-den-driesch/?locale=en Website…

People in this episode

Host: Alex Shandrovsky

Guest: Jonas von den Driesch

Topics covered

• venture capital
• food technology
• due diligence
• European startups
• impact investing

Keywords

• venture capital
• Food Forecast
• SHIFT Invest
• due diligence
• Series A
• AI-driven platform
• food waste
• climate change
• biodiversity

Mentioned in this episode

Organizations: SHIFT Invest, Food Forecast

Places: Amstelveen, Netherlands

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