Thursday, May 31, 2018

PepsiCo to Acquire Bare, Cockroach Milk, Foods on Blockchain + More

Latest food tech and innovation news, jobs and events.
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pret a manger
FEATURED

Bayer-Monsanto Merger Gets Approved, JAB Acquires Pret A Manger + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4f1e401a77&e=2715c96b29)
Our round-up of this week's top food innovation news.

2017 US Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=eeb9f4274e&e=2715c96b29)
Introducing our first annual Food & Bev Startup Investment Report by Ryan Williams. There were $1.08b in venture capital investments across 99 deals in 2017. Check out our report for a deep dive into the deals and trends.

Chobani Incubator is Launching a Food Tech Residency [Sponsored] (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=60fd9af559&e=2715c96b29)
The Chobani Incubator is launching a residency for food tech startups in our ongoing mission to bring better food to more people.

FoodBytes! is Coming to London - Apply to Pitch by July 1 [Sponsored] (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fcc1d7c74c&e=2715c96b29)
Rabobank's next-generation pitch competition FoodBytes! is coming to London on September 12 and 13. Cutting-edge CPG, food tech and agtech startups focused on the triple bottom-line are encouraged to apply by Sunday, July 1.
EVENT
fail friday

It's not easy being a food innovator. There's no road map for reinventing an industry.

That's why we've teamed up with ForceBrands: FoodForce | BevForce (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=35c2e0f81f&e=2715c96b29) to celebrate failure in all its glory. Join us to hear stories of failure and lessons learned from top food entrepreneurs, including Rita Hudetz of Hu Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2672b9ea74&e=2715c96b29) , Camilla Marcus of west~bourne (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d531b19d48&e=2715c96b29) , Renaldo Webb of PetPlate (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=86ccf3b90e&e=2715c96b29) and Ravi Jolly of I Heart Keenwah (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2d0bdfcd9f&e=2715c96b29) . Try food from emerging brands and network with the community.
Get Your Ticket (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e75138f435&e=2715c96b29)
happy family night market

Join chefs, artists and makers at a one-day festival celebrating Asian American heritage through the lens of food.
Inspired by the vibrant open-air bazaars in Asia and the multicultural evolution of America, Happy Family Night Market aims to explore Asian American narratives through food, art, performance, music, films and panels. Head to the website to explore the full lineup of vendors and speakers.

www.happyfamilymkt.com | @happyfamilymkt (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0a005816cd&e=2715c96b29) | fb.com/happyfamilymkt (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8f71f86fac&e=2715c96b29)
Tickets Here (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1fcef91bee&e=2715c96b29)
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LATEST JOB LISTINGS

Sales Operations Analyst at Rip Van (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=60f928fced&e=2715c96b29) - Brooklyn, NY

Director of Operations at PetPlate (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=99565eedb1&e=2715c96b29) - New York, NY

Director of Growth Marketing at PetPlate (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=63ba58f683&e=2715c96b29) - New York, NY

Marketing Associate at Gray Growth Strategies (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=54cc5c9a89&e=2715c96b29) - New York, NY

Customer Experience Intern at Hopsy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=837f7207ed&e=2715c96b29) - New York, NY

Sales Account Executive at Copra (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4c5c8e78b9&e=2715c96b29) - New York, NY

Sales & Distribution Manager at Cocoburg (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6b5313cf6c&e=2715c96b29) - Brooklyn, NY

Senior Engineer at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7a18d1259a&e=2715c96b29) - Los Angeles, CA

Product Development Manager at Splendid Spoon (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e3b2a06c2a&e=2715c96b29) - Brooklyn, NY

iOS Engineer at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2ca6d4f981&e=2715c96b29) - Los Angeles, CA

Value Chain Coordinator at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=add52a38b6&e=2715c96b29) - Bay Area, CA
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=23ac6ac27c&e=2715c96b29)

ben & jerrys

CPG

Ben & Jerry's Bets on Blockchain to Cancel Out the Carbon in Every Scoop (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6135d75fb3&e=2715c96b29) - Forbes
The company is working with the Poseidon Foundation to use blockchain to break carbon credits into micro-transactions that can be attached to every scoop of ice cream.

PepsiCo to Acquire the Fruit and Veggie Snack Maker Bare Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8642e95d31&e=2715c96b29) - New York Times
The deal is the latest move by the food and beverage conglomerate to increase its offerings of healthy snacks.

The Business Case for Caring (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=582e3facc0&e=2715c96b29) - B the Change
CircleUp's machine-learning platform, Helio, shows that Certified B Corporations outperform in the marketplace. In fact, 75% of B Corps scored a 9 or 10 on brand rank, the most predictable indicator of revenue growth.

Weather App Poncho Has Been Acquired by a Boutique Beverage Company (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bc70a11d8c&e=2715c96b29) - Fast Company
The acquisition will allow Dirty Lemon to begin providing text message-based brand-to-user interactions that the weather app had been building out over the last few years. Terms of the deal were not disclosed.

Collaborative Fund Raises $100M for Its Fourth Fund (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=42b5d035a9&e=2715c96b29) - TechCrunch
The fund includes LPs like Quora founder Adam D'Angelo, former Etsy CEO Chad Dickerson, Goop founder Gwyneth Paltrow and former Sequoia partner Tom McMurray. It is looking for startups that will be able to accomplish social good while maintaining profitability.

'Clearing Up Confusion' Around CBD (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cff773f0e5&e=2715c96b29) - Project Nosh
Though the FDA has approved CBD as an active ingredient in pharmaceutical drugs, it is not recognized for use as a dietary supplement, making its integration in food products more complicated.

Ready for Clean Meat? JUST Founder Predicts Consumers Will Get First Taste of Lab-Grown Goods This Year (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2ab590f6c5&e=2715c96b29) - Food Navigator
Foodservice will be a natural first choice for its debut, because there are a number of regulatory hurdles that need to be overcome before it can be sold to consumers through retail channels.

Halo Top Completely Conquered Freezer Shelves. Are Scoop Shops Next? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a43cd70a11&e=2715c96b29) - Eater
The beloved low-calorie ice cream pint is making the jump from grocery stores to storefronts.

Inside Tyson Foods' Effort to Adopt the Startup Mentality (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=889354207b&e=2715c96b29) - Food Dive
The meat processor has started an innovation lab whose seven-member team oversees everything from creating to marketing the products — to get them to consumers faster.

Big CPG and Mass Retail Supported Each Other, but Now They're Caught in the Same Spiral (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6b24b95022&e=2715c96b29) - New Hope Network
Supermarkets and huge processed food brands helped build each other up, but now the same factors that led to their success are leading to declining market share.

Sarah Michelle Gellar & Greg Fleishman: Co-Founders Foodstirs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=63fa23f8cb&e=2715c96b29) - Unfinished Biz
Find out how Foodstirs aims to bring loved ones back together in the kitchen, why co-founders don't always have to separate their skills and why baking is just the beginning of the journey.

snacknation
RETAIL

SnackNation to Expand Beyond Offices with $12M Investment (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fc056dff51&e=2715c96b29) - Project Nosh
The Series B round was led by 3L Capital and will be used to expand into new distribution channels, such as hospitality and transportation and scale its direct-to-consumer business.

Future of Food Distribution is Local: Foodshed.io Creates Transparent Supply Chain Using Blockchain (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=62ac19bba5&e=2715c96b29) - Food Navigator
Demand for local food is climbing, yet the modern food distribution system is ill-equipped to handle small supply from local independent farmers. Foodshed.io is connecting producers to wholesale markets, streamlining ordering, payments and delivery.

Walmart Steps Up Its Commitment to Blockchain (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=95ed1e0291&e=2715c96b29) - Chain Store Age
The company has filed two patents that allow customers to resell products on a digital marketplace and another will help Walmart better facilitate customer deliveries.

Food Companies Churn Through CEOs, Desperate for Fresh Ideas (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e5e298106f&e=2715c96b29) - Wall Street Journal
America's food giants are shedding CEOs at a remarkable rate, highlighting how elusive solutions remain to the industry's problems while also generating some new hope for change.

Kroger Puts Its Data Science Prowess to Work for Brands (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fcece5b425&e=2715c96b29) - Supermarket News
Next week, Kroger plans to launch a new CPG search service that harnesses its acumen in data and personalization. It will enable brands to reach digitally savvy shoppers.

pret a manger

RESTAURANTS

Why Panera Bread's Parent Company Is Buying Pret a Manger (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=359d022a33&e=2715c96b29) - Eater
JAB Holding Co. which also counts Peet's, Stumptown Coffee and Panera Bread among its brands, plans to expand Pret throughout the US in an effort to dominate grab-and-go.

Food Delivery Drones Take Flight in China (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6d526c7780&e=2715c96b29) - Engadget
Alibaba's online meal giant Ele.me has been cleared to use drones for delivering orders in Shanghai's Jinshan Industrial Park. The move is said to lower operating costs and increase income for existing couriers.

The Chefs We Don't See (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7a62dd9e51&e=2715c96b29) - Eater
When men get to be creative empire-builders and women stewards of tradition, a chicken-egg problem emerges. Horrible actors still command a spotlight. The reckoning, so far, has not reckoned with our inability to tell women's stories.

Restaurant Workers' Rights Slashed by Supreme Court (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ce3609fa47&e=2715c96b29) - Eater
A recent Supreme Court decision means employees, including restaurant workers, are not allowed to join class-action lawsuits or group arbitration proceedings. Federal and state wage and hour laws may become under-enforced.

Grab Launches a Food Delivery Service in Southeast Asia (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9b0909dec4&e=2715c96b29) - TechCrunch
Ride-hailing startup Grab has launched its food delivery service, GrabFood, in Thailand and Signapore, with plans to reach its core six markets in Southeast Asia in the coming months.

Katz's Deli Starts Subscription Service for Its Famous Pastrami (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ee16098fb5&e=2715c96b29) - Bloomberg
As part of its 130th anniversary, Katz's announced on Tuesday that its first-ever nationwide subscription service will start in June.

bayer-monsanto

AGRICULTURE

Bayer Wins US Approval for Monsanto After Two-Year Quest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cfc67487cd&e=2715c96b29) - Bloomberg
Bayer won US antitrust approval for its $66b takeover of Monsanto, clearing the last major regulatory hurdle to forming the world's biggest seed and agricultural-chemicals provider after a nearly two year global review.

ecoRobotix Raises $10.7M Series B Led by BASF, Capagro to Take Weeding Robot Across Europe (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a18bafc7ee&e=2715c96b29) - AgFunder
The startup will use the Series B proceeds to expand across Europe as it targets the multi-billion-dollar weeding market globally.

Antibiotics in Meat Could Be Damaging Our Guts (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b037d8748d&e=2715c96b29) - New York Times
The FDA banned the use of antibiotics for growth promotion in animals last year. One organic cattle farmer is sure the ban is being flouted.

Organic Stakeholders Test Pilot to Root Out Fraud (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4b81639d16&e=2715c96b29) - Food Navigator
Starting next month, a group of organic stakeholders from across the supply chain will test-drive a rigorous set of fraud prevention, detection and mitigation strategies that will become subject to the inspection and certification process under the USDA organic seal.

India: Expose of Labor Abuse Brews Trouble for 'Slave-Free' Indian Tea (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d0eaa73491&e=2715c96b29) - Reuters
Some Indian tea plantations stamped slavery-free are abusing and underpaying their workers. This is the one of the first studies into the certified schemes that lead to higher prices.

A Warming Planet Could Zap Nutrition from Rice That Feeds the World (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b29cf6142a&e=2715c96b29) - NPR
Scientists found that exposing rice to high levels of carbon dioxide causes it to lose valuable nutrients like iron, zinc and B vitamins. But some varieties are better at resisting than others.

Growing California Rice and Almonds Against the Grain (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=604460903c&e=2715c96b29) - Civil Eats
These two crops are often treated like commodities in the state, but Greg Massa and Raquel Krach have prioritized a high-functioning ecosystem on their farm while selling direct to customers.

Hummus Boom Drives Canadian Farmers to Sow Bumper Chickpea Crop (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=81bad5abfb&e=2715c96b29) - Bloomberg
The rising appetite for hummus is driving Canada's farmers to plant the biggest chickpea crop in 11 years. They're also reducing the area planted with other pulses amid steep import tariffs in India.

cockroach milk

EATERS

Anyone Fancy a Nice Glass of Cockroach Milk? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=56dc906590&e=2715c96b29) - The Guardian
Derived from crystals secreted by the insects to feed their young, it's not milk as consumers would recognize it now, but that hasn't stopped it becoming part of the superfoods craze.

What if School Lunch Programs Promoted Public Health, Good Jobs and the Environment? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4638ef9e48&e=2715c96b29) - The Nation
From LA to Cook County, local governments are using their purchasing power to transform the food system by promoting public health, community well-being, animal welfare, social justice and environmental protection.

Germany: Company Behind Henckels Knives Takes 25% Stake in Smart Kitchen Startup Cuciniale (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=08585de2fd&e=2715c96b29) - The Spoon
The partnership will provide Zwilling with the technology to move beyond standard housewares and into the intelligent cooking space. Terms of the deal were not disclosed.

Want to Solve the Obesity Crisis? Fight Poverty, Not Poor People (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=12df5ba256&e=2715c96b29) - Wired
Jamie Oliver has joined Nicola Sturgeon in a call for an end to two-for-one deals on junk food. In truth, obesity is a symptom of a much more pervasive poverty, a poorly functioning economy and a government that has failed to help people with low incomes.


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