Latest food tech and innovation news, jobs and events.
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FEATURED
Kroger Brings Driverless Cars to Grocery, FDA Approves Cannabis-Based Epilepsy Drug + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a4163c2c55&e=2715c96b29)
Our round-up of this week's top food innovation news.
The Future Market: New Concept Products, Featured Brands & Pop-Up at Summer Fancy Food 2018 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e31566e0d&e=2715c96b29)
The Future Market is debuting a brand new pop-up exhibit at the Summer Fancy Food Show in NYC. The 3.6k sf exhibit will feature three new concept products and four forward-thinking brands. Come say hello!
2017 US Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6d1a4f9515&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.
SPONSORED EVENT
foodbytes
Apply to Pitch at FoodBytes! London by July 1
Food & ag disruptors, don't miss the opportunity to apply for next-generation pitch competition FoodBytes! London (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=477e7bf2be&e=2715c96b29) on September 13. You will get the get the connections, mentorship + capital you need to grow your startup. It's FREE to apply and participate, so don't delay.
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LATEST JOB LISTINGS
Director of Operation and Logistics (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=32b1548d05&e=2715c96b29) - San Francisco, CA
Business Development / Sales Executive (Food & Bev Accounts) at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c9a4ba9878&e=2715c96b29) - California
Operations Manager at BreadSRSLY (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c8b51f5e11&e=2715c96b29) - Bay Area, CA
Sales Operations Analyst at Rip Van (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=09854efb70&e=2715c96b29) - Brooklyn, NY
Head of Produce Supply at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=32efaa964d&e=2715c96b29) - California
Technology Manager at Dig Inn (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a338e3867f&e=2715c96b29) - New York, NY
Director of Marketing at Chirps Cricket Chips (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=17cad7e2c9&e=2715c96b29) - San Francisco, CA
Food Development Manager at GoReadyMade (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=69006a0e4b&e=2715c96b29) - Linden, NJ
Assistant Cheese Maker/Order Fulfillment Associate at CalyRoad Creamery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a294131246&e=2715c96b29) - Atlanta, GA
Sales Specialist at BentoBox (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7ab8700888&e=2715c96b29) - New York, NY
Value Chain Coordinator at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5a0382bf6d&e=2715c96b29) - Bay Area, CA
iOS Engineer at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=997b59ecad&e=2715c96b29) - Los Angeles, CA
Culinary Development Manager at Splendid Spoon (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9ea26d80fb&e=2715c96b29) - Brooklyn, NY
Chief of Staff at Rip Van (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ed9e2326c0&e=2715c96b29) - Brooklyn, NY
Director of Marketing at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=38a576fe5c&e=2715c96b29) - Brooklyn, NY
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4374d0c68d&e=2715c96b29)
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CPG
Behind Conagra's $10.9B Deal for Pinnacle Foods: Why the Frozen Food Aisle Is Suddenly So Hot (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=46524d7ccf&e=2715c96b29) - Forbes
The year's largest global food M&A deal gives renewed hope to both the frozen food aisle and the major packaged foods companies upended by upstart brands. The acquisition will make the combined company the fifth-largest packaged foods giant in the US.
Cannabis-Infused Beverages Emerge as Potential Beer Industry Disruptor (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1590277d3d&e=2715c96b29) - Brewbound
Lagunitas Brewing Company, which has a history with marijuana and is now wholly owned by Heineken International, announced the launch of two psychedelic sparkling water products.
Investors Demand Nestle, Pepsi and Others Cut Plastic Use (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0d219ac6ff&e=2715c96b29) - Bloomberg
A group of 25 investors managing more than $1T in assets are demanding that Nestle, PepsiCo, Procter & Gamble and Unilever reduce their use of plastic packaging.
General Mills, Conagra Tell Big Food's Story (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ce1a3a1594&e=2715c96b29) - Bloomberg
Pricey deals under tightening conditions are scary, but for some of the old brand-name giants, the strategy just might work.
Rising from the Ashes, Rustic Crust Closes $8M Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=21516f834c&e=2715c96b29) - Project Nosh
Advantage Capital Agribusiness Partners provided the majority of the capital for the better-for-you pizza company.
Tea Drops Raises $1.9M in Seed Round Led by AccelFoods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1ebd565314&e=2715c96b29) - Food Navigator
Funding was led by AccelFoods and supported by Halogen Ventures and Cue Ball Capital. The new capital will be used to help the company build its direct-to-consumer business, support its new line and launch new products.
Where Food Investments Are Going, According to Investors (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7327586e0c&e=2715c96b29) - Food Navigator
Early stage investors agree that the ideas and people worth investing in are those that are fulfilling an unmet consumer need in a unique way.
Yogurt Biz Fights Competition Inside and Out (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=331fb6905c&e=2715c96b29) - AdAge
With spending changes, yogurt makers are hoping to reinforce brand loyalty and avoid a meltdown like when Chobani rocked the category with Greek yogurt, taking shoppers away from brands that sold steadily for decades.
RXBAR Sued Over Minamilist Labels, Ingredients Declaration; but Case Is a Stretch (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6e71b72f6f&e=2715c96b29) - Food Navigator
The lawsuit asserted that ingredients like egg white protein powder and apple juice injected with fruit should not be labeled simply as "egg whites" and "blueberries" on packaging.
General Mills Job Cuts to Total 625 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=af877a56d5&e=2715c96b29) - Wall Street Journal
The cuts come as the company reduces costs amid challenges with its yogurt and baking products.
kroger
RETAIL
Kroger to Bring Driverless Cars to Grocery Delivery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e78ab6485c&e=2715c96b29) - CNBC
America's largest grocery chain is partnering with autonomous car company Nuro to introduce driverless cars to its grocery delivery.
Amazon Buys PillPack for Just Under $1B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4b77c22315&e=2715c96b29) - TechCrunch
The move signals how heated the e-health market is becoming, and how Amazon views it as a key frontier in its bid to be the go-to place for anything a consumer might want or need in the area of healthcare.
Walmart-Led Blockchain Effort Seeks Farm-to-Grocery-Aisle View of Food Supply Chain (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d311a7eea2&e=2715c96b29) - Wall Street Journal
Ten of the world's biggest companies are building a blockchain to remake how the industry tracks food worldwide. The so-called Food Trust aims to improve recalls and reduce the time consumers are at risk of illness.
Yoobic Raises $25M for an App That Helps Retailers Track In-Store Merchandising Campaigns (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d87f60589b&e=2715c96b29) - TechCrunch
The funding is led by Insight Venture Partners and Felix Capital. It will be used to expand beyond the company's home markets of London and Europe to the US.
Amazon Wants to Foster Small Independent Delivery Fleets (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f7781a4bcb&e=2715c96b29) - Reuters
Amazon will offer incentives to entice entrepreneurs to set up their own small package-delivery business as part of its latest efforts to solve the challenge of last mile delivery.
UK: Tesco Tests Out How Customers Can Pay for Shopping Without a Checkout (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2e0d858a3f&e=2715c96b29) - Bloomberg
About 100 Tesco employees are trialing an app that would allow customers to use their phones to scan groceries and pay for them.
Grocery Delivery Platform Buymie Raises Seed Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=31c1e05ed7&e=2715c96b29) - Silicon Republic
Buymie's shareholder list includes retail industry veteran Eamonn Quinn stepping into the role of chair as well as Unilever and former CEO of Morrisons.com, Scott Weavers-Wright.
taster
RESTAURANTS
France: Taster Creates Restaurants for Deliveroo and UberEats (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=40bcc937d4&e=2715c96b29) - TechCrunch
The startup, formerly known as Mission Food, is building restaurants around big cities specifically for Deliveroo, UberEats and Glovo. It just raised a $4m funding round led by Sunstone Capital.
Restaurants Navigate the Rough Waters Between Sourcing and the Seafood Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b13eaf9761&e=2715c96b29) - Skift Table
As mounting issues surround seafood traceability and overfishing, sourcing sustainably caught fish and responsibly farmed shellfish is more important and challenging than ever for restaurateurs.
Resources for Maintaining Your Mental Health in the Hospitality Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=78676644a9&e=2715c96b29) - Culinary Agents
The time has come to tackle the mental health issue. Here is a list of industry-related resources that offer much-deserved support to those who may be struggling with mental, physical or financial health.
How Daniel Patterson Is Tightening the Racial And Gender Gap in the Restaurant Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=519e79533d&e=2715c96b29) - Good
From bartenders to servers, line cooks and food runners, Patterson found front-of-the-house employees were working fewer hours and making much more money than their counterparts.
A So-Called 'Virtual Food Hall' Opens in Flatiron Wednesday (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=17230b0504&e=2715c96b29) - Eater
Everything at Sous Vide Kitchen is ordered by a self-serve kiosk.
This Startup Is Bringing Corporate Offices Food from Independent Chefs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f31bc47e4f&e=2715c96b29) - Technical.ly
HUNGRY connects chefs and companies looking to provide employees with breakfast or lunch. The company recently closed on $1.5m to expand beyond DC.
The Red Hen and the Weaponization of Yelp (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9ae512c5a3&e=2715c96b29) - Wired
After a small restaurant in Virginia asked Press Secretary Sarah Huckabee Sanders to leave, its online reviews became a battleground for political speech.
brightfarms
AGRICULTURE
BrightFarms Raises $55M in New Funding Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4753da7616&e=2715c96b29) - Wall Street Journal
The Series D round is led by Cox Enterprises Inc, with participation from Catalyst Investors, WP Global Partners and NGEN Partners. The farm plans to expand a greenhouse network that grows produce close to metropolitan areas, reducing shipping costs.
Ceres Imaging Gets $25M to Intelligently Scan Crops From Above (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d14da0c062&e=2715c96b29) - TechCrunch
The round was led by Insight Venture Partners with participation from Romulus Capital.
China-US Trade Tariffs May Cut US Farm Exports by 40% (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=953074d817&e=2715c96b29) - Bloomberg
US soybean, cotton, beef and cereal shipments to China may each drop by 50% in value. The price of imported soybeans may rise 5.9% and imported cotton prices may increase 7.5%.
The Five Biggest Startup Opportunities In Agtech Today (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ac4bed68cd&e=2715c96b29) - Forbes
The biggest startup opportunities in agtech include gene editing and cloud biology, alternatives to antibiotics, soil biologicals, aquaculture and post-harvest technologies.
A New Chapter for US Aquaculture (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8201fcdab0&e=2715c96b29) - The Fish Site
A bill was recently implemented to streamline the permitting process for aquaculture farms in federal waters, and fund research and development to advance the aquaculture industry.
The 25 Most Innovative AgTech Startups in 2018 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0a92b6f4f0&e=2715c96b29) - Forbes
From indoor farming businesses to food safety software providers and more, these are the 25 companies whose technology is poised to change the face of farming.
Bumblebees Thrive in the City but Struggle on the Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7e47b176e9&e=2715c96b29) - New York Times
Facing two unnatural environments, these important pollinators are finding better niches to exploit in urban areas.
Agtech Startup Ricult Raises $1.85M in 500 TukTuks-Backed Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=caed671217&e=2715c96b29) - DealStreetAsia
The round was led by Chanwanich Group, Wavemaker, 500 TukTuks and dtac. The company plans to use fresh funding to expand its market share in Thailand and Pakistan and to grow its team.
Black Farmers Are Being Forced Off Their Land by Longstanding Government Discrimination (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f7f8a5f51b&e=2715c96b29) - Vice
Today, black farmers make up less than 2% of the farming population in the country. This is the result of active discrimination at every level—but particularly from the USDA.
queer food culture
EATERS
Queer Food Is Hiding in Plain Sight (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2be7cbc971&e=2715c96b29) - Eater
From kitchen camp to political plates, queer people have been shaping food culture for decades.
Disposable America (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ccb66c35b5&e=2715c96b29) - The Atlantic
A history of modern capitalism from the perspective of the straw.
Millennials Are Ordering More Food Delivery, but Are They Killing the Kitchen, Too? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=997248ed03&e=2715c96b29) - Forbes
Consumers are showing a growing appetite for having food delivered at home, a bright spot in an otherwise lackluster restaurant industry. Could this behavior sound the death knell for home-cooked meals and kitchens?
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