Latest food tech and innovation news, jobs and events.
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FEATURED
The Coming Battle Over Gene-Edited Food, Kraft Heinz Partners with Momofuku + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=917df31fd9&e=2715c96b29)
Our round-up of this week's top food innovation news.
Attend F&A Next's 2018 Food Innovation Summit [Sponsored] (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7caf696236&e=2715c96b29)
This May 30 & 31, join hundreds of startups, corporates and financiers to help evolve top food and ag innovations into tangible applications at F&A Next in the Netherlands.
Meet The FoodBytes! Montreal Startups + Save 15% on Tix [Sponsored] (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e75d12377f&e=2715c96b29)
From data-driven apiary management to single origin pantry staples, meet the 20 startups pitching at FoodBytes! Montreal.
SPONSORED EVENT
healthier future
INNOVATING A HEALTHIER FUTURE SUMMIT
May 2 – 4, 2018 – Washington, D.C.
With speakers from Brandless, PepsiCo and more, Partnership for a Healthier America's Innovating a Healthier Summit is the place where innovation & change for a healthier tomorrow starts today. Join the movement – register now!
Register Here (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a25269c6c9&e=2715c96b29)
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LATEST JOB LISTINGS
Food Buyer - Purchasing Team at Eat Club (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c7cf71e862&e=2715c96b29) - San Leandro, CA
Program Manager at Food Shift (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=eff707be0a&e=2715c96b29) - Bay Area, CA
Pastry Assistant at Philo Ridge Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5090e5ad30&e=2715c96b29) - Charlotte, VT
Front-end Developer at Ora Organic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bbaeb4afdc&e=2715c96b29) - San Diego, CA
Affiliate Marketing Coordinator at Real Plans (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d3c0f35fac&e=2715c96b29) - Freelance
Operations Manager at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=389ec829f5&e=2715c96b29) - Brooklyn, NY
NY Sales Manager at Devocion (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4ec62bc709&e=2715c96b29) - Brooklyn, NY
Director, Partner Alliances at TechAccel (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=001cd90cd3&e=2715c96b29) - Shawnee Mission, KS
Graphic Designer at Ora Organic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b52518f8c9&e=2715c96b29) - San Diego, CA
Capital & Innovation Manager at ReFED (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ba49d99201&e=2715c96b29) - Berkeley, CA
Manager, University Technology Advancement at TechAccel (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=aa8c6bdb71&e=2715c96b29) - Kansas City, MO
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=704c588fd1&e=2715c96b29)
momofuku
CPG
Kraft Heinz Is Partnering With Momofuku to Stay Relevant (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f40c3aee32&e=2715c96b29) - Bloomberg
The ketchup maker will use its expertise in food production and distribution to help Chang take his Momofuku Ssam sauce national for the first time.
Impossible Foods Arrives in Hong Kong (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a19894a140&e=2715c96b29) - Bloomberg
CFO and COO David Lee discusses the Hong Kong launch and the environmental advantages of Impossible Foods products.
Seattle Food Tech Raises $1M to Jumpstart Plant-Based Meat Manufacturing (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=41fc86f965&e=2715c96b29) - The Spoon
The seed round was led by Fifty Years and Blue Horizon. The company recently finished developing its first product, the "chicken" nugget. It plans to industrialize the meat alternative industry.
This Salmon Burger Tastes Like the Real Thing (But It's Actually Fungi and Algae) (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d3cfe2296d&e=2715c96b29) - Fast Company
Terramino Foods combines koji for protein and algae for fishy flavor to create a "salmon" burger made from a more sustainable source. The startup plans to begin supplying restaurants by the end of 2018.
Pollution: The Next Big Food Opportunity (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f6729c7a61&e=2715c96b29) - Food Dive
F&B brands have a chance to respond to consumer demand for cleaner, functional products while helping reduce global pollution through their ingredient choices at the same time.
What Were the Top 10 New Food and Beverage Product Launches in 2017? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e7bdbef79&e=2715c96b29) - Food Navigator
Premium launches, especially those touting wellness, indulgence and giving back to the community, dominated the rankings. Protein was also a key element in successful new launches.
Why Millennials Are Leading the Way to Prepared Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b975dcfcfe&e=2715c96b29) - Food Dive
Millennials spend a higher percentage of their food budgets eating away from home than any other generation. They're willing to spend more money to buy items that deliver on quality and transparency when it comes to prepared foods.
Coffee Shops Are Already Running Out of America's Newest Milk Craze (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8de3d1dec6&e=2715c96b29) - Bloomberg
Oat milk is favored by baristas for making better latte art as well as its light, hearty flavor. To meet demand, Oatly is working with its manufacturing partners to increase output by 50% by this summer.
What's the Real Reason Behind Halo Top's Success? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=16133a9839&e=2715c96b29) - Food Navigator
Halo Top has managed to pivot the image of their better-for-you products by creating a brand name that conveys virtue and engaging a large following on social media.
The Hunt for Mexico's Heirloom Beans (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f10597f0e1&e=2715c96b29) - The New Yorker
Rare varieties discovered by Rancho Gordo's Steve Sando have turned the humble legume into a gourmet food. The company sells half a million pounds of them a year.
the goods mart
RETAIL
This Healthy Convenience Mart Aims to Take on 7-Eleven (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=92eb294454&e=2715c96b29) - Fast Company
The Goods Mart is a healthy convenience store committed to smarter eating. Its first location is located in Los Angeles.
Bezos Says Amazon Has Topped 100 Million Prime Members (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c91b8060b4&e=2715c96b29) - Bloomberg
The announcement is part of Bezos's long-term strategy for investors, seeking to bolster their confidence as he continues to plow Amazon's money into expanding internationally, building a brick-and-mortar presence and inventing new products.
HelloFresh Taps Spoiler Alert to Cut out 65% of Its Food Waste (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5e68fc4000&e=2715c96b29) - AgFunder
Through the partnership, HelloFresh has reduced waste-hauling pickups by 44% and nearly doubled the percentage of unsold inventory donated to charities from 33% to 61%.
Will Kroger's Tuition Assistance Program Attract and Retain Workers? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0f398e70c9&e=2715c96b29) - Food Dive
Kroger's Feed Your Future program will offer workers an education benefit of up to $3.5k per year -- or $21k over the course of their employment -- toward education and development opportunities.
Amazon Gets Huge Subsidies to Provide Good Jobs—but It's a Top Employer of SNAP Recipients in At Least Five States (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=64434e83c5&e=2715c96b29) - New Food Economy
Amazon stands to profit more than any other retailer when the $70b federal anti-poverty program goes online. This new revenue will function as a double subsidy for the company: one third of Amazon employees in Arizona depend on SNAP for food.
uber eats
RESTAURANTS
Uber Eats Is the Fastest-Growing Meal Delivery Service in the US (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=93dfab9b42&e=2715c96b29) - Recode
People are now spending more on Uber Eats than on any other food delivery service in nine of the 22 most-populous US cities. The company has brought in nearly as much new customer revenue as GrubHub.
Instagram to Let Users Book With Businesses in Challenge to Yelp (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9a41e7be17&e=2715c96b29) - Bloomberg
The new feature will give Instagram's more than 1m advertisers a more concrete way to measure the impact of their accounts. The move could challenge companies like OpenTable and Yelp. The company may eventually add more tools, like reviews.
Guestfriend Automates Chatbot Creation for Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5969c3fb20&e=2715c96b29) - TechCrunch
The company has raised $5m in seed funding from Primary Venture Partners, Techstars Ventures and betaworks.
Here's What It Costs Restaurants When a Foodborne Illness Outbreak Occurs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6009ff726b&e=2715c96b29) - CNBC
A single outbreak could cost a up to $1.9m for a fast food restaurant, $2.1m for a fast casual restaurant and $2.6m for casual dining chains.
7 Out of 10 Americans Want a Higher Minimum Wage, Even If It Means Higher Menu Prices (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=db9fcead5f&e=2715c96b29) - Eater
The National Restaurant Association is famously conservative and has spoken out against raising the minimum wage. It has also called for a repeal of restaurants' requirements to provide employees with health insurance.
dirt
AGRICULTURE
Can Dirt Save the Earth? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8593851b7e&e=2715c96b29) - New York Times
Agriculture could pull carbon out of the air and into the soil — but it would mean a whole new way of thinking about how to tend the land.
Inocucor Makes 'First of Many' Acquisitions, Closes Series B on $55.9M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d57b13d535&e=2715c96b29) - AgFunder
Inocucor has acquired ATP Nutrition. Its additional funding came from TPG Alternative and Renewable Technologies, Cycle Capital Management, Desjardin Innovatech and Pontifax AgTech.
Q1 2018: The State of FoodTech (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9d3dfad569&e=2715c96b29) - New Crop Capital
We are in a "new normal" for agrifood tech funding. Investment in the nutrition biotech and agtech space shot up more than 1200% between 2014 and 2017, with a 29% surge in investment volume in the past year alone.
Scientists Want to Replace Pesticides With Bacteria (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4b780b3c6c&e=2715c96b29) - Bloomberg
With the general public rejecting chemical treatments and GMO in favor of natural foods, Indigo is counting on its microbes to change Big Ag forever. It has raised $400m so far.
This Tiny AgTech Company Thinks It Has Figured Out Something Its Better-Capitalized Rivals Haven't (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9c8764b4cc&e=2715c96b29) - TechCrunch
AgVend has just raised $1.75m in seed funding led by 8VC. It plans to work directly with manufacturers and retailers, selling their goods through its site and helping them develop their own web shops.
Making the Case for Regenerative Agriculture (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2564d8f324&e=2715c96b29) - Modern Farmer
As grasslands and soils have withered without animal impact to heal them, they've become increasingly infertile and unable to absorb carbon from the atmosphere. Regenerative agriculture has been proven to use carbon from the atmosphere as fuel for vegetation.
Can Organics Help Rural America Rebound? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=52f4895a6b&e=2715c96b29) - Civil Eats
Some see organic farming as a sure-fire way to improve struggling farm communities. Others say it will take a lot more than higher premiums to make a lasting economic difference.
eat better
EATERS
The Whole World Needs to Eat Better (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c8b2f7a8b3&e=2715c96b29) - Bloomberg
Two billion people are now overweight or obese, including 41m children under the age of five. Governments and private donors need to increase their investments in health and agriculture sectors, and work together to lower the risk of diet-related illness and death.
Smart Kitchen Startup Chefling Notches $1M In Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0d69de31e8&e=2715c96b29) - PYMNTS
The pre-series A funding came from XVVC. Chefling will use the funding for product development, hiring and marketing.
Get Ready for the 2018 Farm Bill Fiasco (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d30cc4ad0e&e=2715c96b29) - Eater
The farm bill has become the latest partisan battle. It was written by Republicans behind closed doors, and they're hoping it passes quickly before anyone even has time to read it.
The Food Industry's Food Stamps Problem (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=918f0b58d3&e=2715c96b29) - New Food Economy
Thousands of people who work in fast food and retail jobs don't make enough money to buy groceries.
Going Vegan? Eating Sustainable Beef Can Be Good for the Environment (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5eb1853067&e=2715c96b29) - Forbes
Grazing land makes up one quarter of the Earth's total land mass. Managing these grasslands is vital to our environment, wildlife habitat, livelihoods for farmers and ranchers, as well as food security for the growing global population.
Americans Waste 150K Tons of Food Each Day – Equal to a Pound per Person (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9d3e7aed33&e=2715c96b29) - The Guardian
Research shows people with healthy diets rich in fruit and vegetables are the most wasteful and calls for better education for consumers.
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