Latest food tech and innovation news, jobs and events.
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FEATURED
Mondelēz Acquires Tate's for $500M, Blue Apron and Chef'd Now Selling Meal Kits at Costco + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3808d0954a&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=bbbadcbda8&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.
Snag Tix to FoodBytes! Montreal - Pitch During Open Mic + More [Sponsored] (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=896f4e1ce3&e=2715c96b29)
Rabobank's FoodBytes! is heading to Montreal on May 16.
Better-for-You Food & Personalized Nutrition Are the Future, Predicts the Future Market Founder (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e3e4991cfc&e=2715c96b29) - FoodNavigator
Mike Lee believes the future of packaged food must be both healthier for people and sustainable for the planet to succeed. The rising demand for functional products and personalized nutrition demonstrates that the industry is shifting.
SPONSORED EVENTS
rabobank
Attend F&A Next 2018
Be part of food and agriculture's foremost innovation summit of the year. F&A Next 2018 intersects some of food- & agritech's most promising verticals: robotics, genomics, ICT, food and agriculture. Mark May 30 & 31 in your diary today!
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foodbytes
Last chance to snag tickets to FoodBytes! Montreal
See 20 game-changing food and agriculture startups (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6a08a1d1d7&e=2715c96b29) take the stage next Wednesday, May 16, plus mix and mingle with the most innovative people in food. As a member of the FTC community, save 15% on tickets using the button below (discount will auto-populate). Can't make it in person? Mark your calendars and tune in to the live stream at 3 PM ET on theFoodBytes! Facebook page (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=33afade307&e=2715c96b29) .
Snag Tickets (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=370e3fd533&e=2715c96b29)
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LATEST JOB LISTINGS
Senior Engineer at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b98074c31e&e=2715c96b29) - Los Angeles, CA
Product Development Manager at Splendid Spoon (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6fed428cda&e=2715c96b29) - Brooklyn, NY
iOS Engineer at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=22c5496f93&e=2715c96b29) - Los Angeles, CA
Value Chain Coordinator at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=79a78b7f56&e=2715c96b29) - Bay Area, CA
Sales Specialist at BentoBox (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5edee780c0&e=2715c96b29) - New York, NY
Food Buyer - Purchasing Team at Eat Club (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=78965983a2&e=2715c96b29) - San Leandro, CA
Program Manager at Food Shift (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ab949344f4&e=2715c96b29) - Bay Area, CA
Pastry Assistant at Philo Ridge Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9326b2d117&e=2715c96b29) - Charlotte, VT
Front-end Developer at Ora Organic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=03b99c0a7b&e=2715c96b29) - San Diego, CA
Affiliate Marketing Coordinator at Real Plans (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=78d574accf&e=2715c96b29) - Freelance
Operations Manager at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5cdb98a2bc&e=2715c96b29) - Brooklyn, NY
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2ff4ea253b&e=2715c96b29)
Dream Water
CPG
Dream Water Acquired by Canadian Cannabis Co. Harvest One (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dd812d45c3&e=2715c96b29) - BevNET
Non-prescription sleep aid Dream Water has been acquired by Harvest One for $26.7m. The acquisition will allow Dream Water to take advantage of commercial cannabis and sleep aid markets.
Meal Replacement Startup Secures $2M Investment (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=678fecb3fb&e=2715c96b29) - Food Business News
Meal replacement startup Ample Foods received seed funding led by Slow Ventures.
Who Runs the Better-for-You Food World? These 6 Women (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=89e970b29c&e=2715c96b29) - Forbes
Jola Sonkin of GoMacro, Katie Forrest of EPIC Provisions and Cassandra Curtis of Once Upon a Farm are a few female entrepreneurs bringing healthy, all-natural products into stores. They share their stories and advice for other aspiring food entrepreneurs.
Microbiome and Big Data: How uBiome Is Helping Companies Create 'Microbiome-Aware' Products (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f68f4252f5&e=2715c96b29) - Nutra Ingredients
The company has collected samples of the human gut microbiome to create what it claims to be the world's largest dataset to help CPG companies find correlations between microbiome composition and health conditions.
Cargill and Tyson Are Interested in McDonald's Chicken Nugget Supplier (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fc1ced268e&e=2715c96b29) - Bloomberg
Marfrig Global Foods, Brazil's second-largest beef producer, plans to sell Keystone and raise more than $3b.
Half of Plant-Based Meat Manufacturer Impossible Foods' Expansion Plans Targeted at Asia (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=11d1f05682&e=2715c96b29) - Food Navigator
Chief strategy officer Nick Halla stated 44% of the company's future plans are targeted at Asia. It is working on a factory in Oakland that can produce 12m pounds of its burgers per year.
Pepsi Drives into the Grocery World with a Prototype Cart for the Future (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ef98d9de8d&e=2715c96b29) - Forbes
Pepsi's autonomous vehicle debut in Dubai was a prototype to demonstrate its Pepsi Intelligence Centre where conference attendees could order Pepsi drinks through Facebook messenger.
Bottled Water, Soda Provide the Pop in US (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=12b23077c9&e=2715c96b29) - Bloomberg
Americans are drinking more bottled water, and that's helping boost the liquid beverage refreshment industry. Single-serve water added $900m in value last year, while an increase in soda prices helped lift category revenue to $81.6 billion.
A California Distillery Makes Vodka out of San Francisco Fog (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2b32d5c6eb&e=2715c96b29) - Food Dive
Hangar 1 is using fog-catching netting technology to convert the mist into water and combine it with Napa Valley wine to be distilled into vodka. It aims to emphasize the water-conservation elements of fog-catching to combat drought.
axiom exergy
RETAIL
Axiom Exergy Closes Series A for Grocery Store Thermal Storage With Shell, GXP (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=607a96197d&e=2715c96b29) - Green Tech Media
Shell Ventures and GXP Investments led the $7.6 million Series A round. The startup wants to scale from two pilot installations to fleetwide rollouts with grocery store customers.
Walmart's Grocery Delivery Partnerships with Uber, Lyft Fail to Take Off (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5448e51374&e=2715c96b29) - Reuters
The decision marks an abrupt end to a business relationship that Walmart and Uber announced with much fanfare less than two years ago.
Chef'd Selling Meal Kits at Costco, Gelson's, Other Retailers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=21a5c41acb&e=2715c96b29) - Biz Journals
Helping with the retail push is Smithfield Foods, which invested $25m in Chef'd last year. The meal kit will expand to more than a dozen retailers nationwide.
Albertsons: 80% of Customers Want Meal Kits In Store (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9b138525d7&e=2715c96b29) - Food Dive
Research also revealed that 85% of online meal subscribers want an in-store option.
Should Vegan Products Be Sold Alongside Meat And Dairy Items In Retail Stores? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f61b9d1964&e=2715c96b29) - Forbes
There's now a move by some plant-based meat makers to encourage retailers to sell their range alongside meat in order to make vegan options more accessible and convenient for everyone.
Kroger Soft Launches Nutrition Labeling App (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9ae8d5caff&e=2715c96b29) - Food Dive
The OptUP app provides product health scores based on the UK Nutrient Profiling Model. It features alerts indicating healthy products and live consultations with dietitians.
Cold Shipping in Hot Demand as the World Craves More Fresh Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c6b22617f3&e=2715c96b29) - Wall Street Journal
Demand to ship fresh food across the oceans is twice as high as it is for other products. Reefers can keep food fresh for more than a month, allowing distributors to safely send fresh food around the world.
This Food Truck Is a Mobile Grocery Store for Boston Neighborhoods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d9f0e60d2a&e=2715c96b29) - WGBH
Fresh Truck is a converted school bus that offers a variety of produce, whole grains and healthy snacks to neighborhoods with limited access to fresh food.
uber
RESTAURANTS
Uber Plans to Test Food Delivery by Drone in Under 30 Minutes (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=692eabd4d6&e=2715c96b29) - Bloomberg
The company plans to deliver food by drone in San Diego as part of a wide-reaching commercial test program approved by the federal government.
Square Launches Restaurant Point-of-Sale Platform (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=81a382646d&e=2715c96b29) - TechCrunch
Square for Restaurants handles everything from menu updates, floor layouts, employee scheduling and performance tracking to tip splitting. Restaurants no longer need a separate tablet system for Caviar.
Panera Launches Nationwide Food Delivery Service (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a9225710d8&e=2715c96b29) - TechCrunch
The delivery service will reach 897 cities and 43 states across the US. While delivery startup Bringg is helping Panera with delivery logistics, the restaurant aims to employ its own drivers, which so far has amounted to 13k jobs.
Google's Reservation-Making Robot Sounds Totally, Terrifyingly Human (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6fce53bc3f&e=2715c96b29) - Eater
At its I/O conference, Google showed off a new AI feature that can call a restaurant and speak to a human reservationist sounding 100% human.
First Data Makes Another Bet on Restaurant Software (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3afd7c62c3&e=2715c96b29) - CNBC
Salido, a restaurant software company, recently raised a $12m series A funding with First Data among the major investors. First Data was initially interested in acquiring the startup.
BlueCart Secures Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=57bea9c249&e=2715c96b29) - Modern Restaurant Management
The hospitality industry marketplace and sales platform secured $5m in Series B-w investment from Greycroft, bringing total raised to $22m. It is currently developing a forecasting tool to increase seller revenue and buyer satisfaction.
Sweetgreen Has a Damage-Control Plan for Its New Salads (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1519c852d8&e=2715c96b29) - The New Yorker
Fans of the fast-casual chain grow attached to their favorite items and lash out on social media if they go missing.
Chipotle Is Adding More Tech to Speed Up Mobile and Delivery Orders (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=166f2d9016&e=2715c96b29) - Skift Table
The restaurant chain is spending $10k a restaurant to add a flat screens that will allow workers to fulfill off-site orders more quickly.
This Year's James Beard Awards Got Some Big Things Right (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b98d0148ec&e=2715c96b29) - Eater
The winners seemed to reflect a meaningful shift toward a more inclusive awards. Is a change finally happening?
Hey Restaurants, All That Food Porn Is Working (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5e39e4ad55&e=2715c96b29) - Fast Company
Twenty-two percent of consumers go to restaurants based on what the food or atmosphere looked like on social media.
rootility
AGRICULTURE
Israel: Rootility Raises $10M Series C Led by ADM Capital (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b426677517&e=2715c96b29) - AgFunder
ADM's Cibus Fund was joined by GreenSoil Investments and Middleland Capital. The startup uses root-focused plant breeding methods to increase crop yields. It plans to use the funding to scale its operations and enter new markets in Asia.
This Former Steel Mill Will Soon Be A Tech-Filled Greenhouse (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9ff5f0148c&e=2715c96b29) - Fast Company
Gotham Greens will open a 100,000 sq. ft. hydroponic greenhouse at Tradepoint Atlantic in Baltimore to provide local produce (and jobs).
Israel Boasts Some 750 Startups In Food, AgriTech Sectors (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=862ac37d41&e=2715c96b29) - NoCamels
In 2017, Israeli food tech and agritech companies raised $189m in capital funds, up from $97m in 2016.
Bushel Raises $7M for Farm Relationship Management Tool (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8a34fa33dd&e=2715c96b29) - AgFunder
Funding came from a syndicate of individual investors in the agriculture and software industries. Since launching in June 2017, it has expanded to more than 400 elevator and ethanol plants across the US and Canada.
Agriculture's Silicon Valley Hopes to Attract Entrepreneurs Addressing the Food System (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6661cfc630&e=2715c96b29) - Food Tank
An influx of agri-food startups in St. Louis, Missouri have been helping to shape what some call agriculture's Silicon Valley. The Yield Lab hopes to help scale up these startups to impact the food system at large.
Medical Marijuana, Bringing in a New Lease of Life to Colombian Indigenous Communities (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6a711dc66f&e=2715c96b29) - Food Tank
New York's Arachna-med and Colombia's La Finca Interacviva have partnered to promote sustainable and socially inclusive agricultural practices of medical marijuana to help reduce the production and consumption of cocaine and heroin.
America's Largest Pork Producer Pledged to Make Its Meat More Humane. An Investigation Says It Didn't (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7d5df7cf49&e=2715c96b29) - Vox
An animal welfare group says Smithfield still uses gestation crates on mother pigs.
UN's Sustainable Development Goals Are 'Business Opportunities' for Ag Biotech Startups (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=211742ee17&e=2715c96b29) - AgFunder
Beyond driving commercial biotech companies, the UN's SDGs are critical to supporting growers in developing countries as well.
food stamps
EATERS
Trump Expected to Threaten Veto of Farm Bill Without Tighter Work Requirements (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3c52f97da1&e=2715c96b29) - Wall Street Journal
Trump stated he will veto the farm bill if it doesn't include tighter work requirements for people receiving food stamps. Support would complicate passage in the Senate.
Should Frozen and Canned Food be Included in USDA Fresh School Snacks Program? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7886e79474&e=2715c96b29) - Food Dive
The proposed Fruit and Vegetable Access for Children Act aims to get kids to try different types of fresh produce, fight obesity and promote nutritional education.
Now That Calorie Labels Are Federal Law, Will We Eat Less? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6cb0070b8f&e=2715c96b29) - NPR
Research has found that calorie labels seem to reduce the number of calories people purchase by an estimated 50 calories per meal.
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