Monday, June 18, 2018

FDA to Discuss Cultured Food, Food Startups Raise $3B Globally + More

Latest food tech and innovation news, jobs and events.
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sea to table

FEATURED
Remembering Anthony Bourdain, Sea to Table Accused of Mislabeling Fish + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d0d0b074cf&e=2715c96b29)
Our round-up of last week's top food innovation news.

2017 US Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1821822cef&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.

EVENT

food waste innovation

Join us to hear how food innovators are reducing and repurposing food waste at our June Food+Tech Meetup. Presenters will do a deep dive into their business strategies, technologies, challenges and lessons learned. Hear From:
* Joanna Ehrenreich of Toast Ale (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4d3ab3a016&e=2715c96b29)
* Matthew Holtzman of goMkt (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=12de44cc80&e=2715c96b29)
* Phil Wong of Misfit Juicery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7b414c0a2a&e=2715c96b29)
* Amanda Weeks of Industrial/Organic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=22234095d7&e=2715c96b29)

Come network with the community and get a taste from emerging F&B startups: Ancolie (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a02b14d2b9&e=2715c96b29) , Rescuing Leftover Cuisine (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ba58069ff1&e=2715c96b29) x Breads Bakery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e7fb36c053&e=2715c96b29) , Regrained (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f6951d7ec3&e=2715c96b29) , Misfit Juicery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8856de5c63&e=2715c96b29) , Gotham Greens (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5dd4113713&e=2715c96b29) , Local Roots NYC (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=88eeb68ea6&e=2715c96b29) , Food for All (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4dba7621a0&e=2715c96b29) + More.
Get Your Ticket (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=84fb730bbc&e=2715c96b29)
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LATEST JOB LISTINGS

Brand Ambassador at The Future Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a68c5f41b3&e=2715c96b29) - New York, NY

Director of Marketing at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=566dbfca3f&e=2715c96b29) - Brooklyn, NY

Operations Manager at Bread SRSLY (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a37e0bf4a5&e=2715c96b29) - Berkeley, CA

Business Development / Sales Executive at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7b4b77866d&e=2715c96b29) - San Francisco, CA

Director of Operations and Logistics at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e35588a9a5&e=2715c96b29) - San Francisco, CA

Head of Produce Supply at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8827d2318a&e=2715c96b29) - San Francisco, CA

Customer Acquisition Manager at Sea to Table (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ea09db3564&e=2715c96b29) - Brooklyn, NY

Production + Operations Manager at Dripkit Coffee (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2b8256a19e&e=2715c96b29) - Brooklyn, NY

Supply Chain, Operations and E-Commerce Manager at Haven's Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5344ade03e&e=2715c96b29) - New York, NY

Sales Operations Analyst at Rip Van (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3160a56b9c&e=2715c96b29) - Brooklyn, NY

Director of Operations at PetPlate (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ba5daef934&e=2715c96b29) - New York, NY

Director of Growth Marketing at PetPlate (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3866690362&e=2715c96b29) - New York, NY
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=959662c512&e=2715c96b29)

venture capital

CPG

VCs Serve Up a Large Helping of Cash to Startups Disrupting Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=691da1b0d6&e=2715c96b29) - TechCrunch
Food startups gobbled up more than $3b globally in disclosed investment over the past 12 months. Some of the trends included plant-based and alternative proteins, robot chefs and sugar substitutes.

FDA to Hold Meeting About Cultured Food Products (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=001c470bfe&e=2715c96b29) - Project Nosh
The meeting will discuss manufacturing, food safety, unique hazards that may exist with cultured food products, new control measures, evaluating substances used in product creation and labeling.

Here Are the Latest Foodtech Accelerators You Can Apply to Right Now (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b0d6214ed1&e=2715c96b29) - The Spoon
These include Land O'Lakes Dairy Accelerator, Chobani, FoodForward and more.

Are Challenger Food & Beverage Brands Living Up to Their Early Promise? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c4c7f151d8&e=2715c96b29) - Food Navigator
Big food companies have been frantically buying up challenger brands to offset weakening sales trends. Success rates have been hit and miss, with several high-profile acquisitions losing momentum in the last year.

Size Becomes a Handicap for Global Food Giants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=373aaa8d68&e=2715c96b29) - Wall Street Journal
Big companies are struggling to adapt to the shift toward fresher, healthier and smaller brands.

Nestle Planting Seeds in New Frozen Food Brands (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=94ed6b9fa4&e=2715c96b29) - Food Business News
Nestle SA will invest in Outsiders Pizza Co. and Wildscape while giving them time to make their mark in the frozen food category. The two brands are examples of new innovation models called "internal incubators" by Nestle.

Smart Water Company Essentia, which Has a Proprietary Water Ionization Process, Puts Itself Up for Sale (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=db59b18d06&e=2715c96b29) - CNBC
The brand has roughly $100m in annual sales and could attract interest from large consumer companies like Pepsi or Nestle.

BeyondBrands Launches Cannabis-Infused Tonic Mood33 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8bafeb57d4&e=2715c96b29) - BevNET
Each beverage contains enough THC to give consumers a 1-2 hour long high.

Launching a Food or Beverage Business in This City Can Help Determine Its Success (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0451b59565&e=2715c96b29) - Forbes
Entrepreneurs across the country are constantly testing their food and beverage offerings, but where they test them matters. If things work in Chicago, you probably have a nationwide success on your hands.

farmdrop
RETAIL

UK: Farmdrop Picks Up £10M Series B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=021c459c66&e=2715c96b29) - TechCrunch
New investors include LGT Impact Ventures and Belltown Ventures. Previous backer Atomico also followed on. The farmer-friendly online grocery platform will use funding to further its UK expansion.

Got Milk? Walmart Starts Production at its Own Dairy Plant (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=432d38e141&e=2715c96b29) - TheStreet
This will be the retailer's first entry into food production. The plant will be the largest for drinking milk in the country, and products will be sold under Walmart's private label Great Value.

Tired Old Brands Can't Stomach Amazon-Whole Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=414ca9116c&e=2715c96b29) - Bloomberg
The secondary effects of Amazon-Whole Foods merger is being felt throughout the industry. Supermarkets are trying to be more competitive with their prices, product offerings and services, and that pressure has made its way most meaningfully to the manufacturers.

Google, Rebuilding Its Presence in China, Invests in Retailer JD.com (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d1920b4d37&e=2715c96b29) - New York Times
Google's best-known products have been blocked by the authorities in mainland China for years. The company will invest $500m to allow JD.com to join the Google Shopping advertising platform.

One Year Later, Has Amazon Become the Grocery Disruptor Everyone Feared? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0a397b2843&e=2715c96b29) - Food Dive
The e-tailer has gradually made Whole Foods a destination for Prime members, but its broader impact on the industry has so far been underwhelming.

There's a New Ranking of America's Favorite Grocery Stores (Walmart's Position Is Startling) (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=24c7824494&e=2715c96b29) - Inc.
Wegmans came first, Publix came second and Trader Joe's came third. What seems to matter most to customers are convenient location, enticing sales and promotions and value for money.

chowbotics

RESTAURANTS

Chowbotics Raises $11M to Move Its Robot Beyond Salads (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=60c07e9823&e=2715c96b29) - TechCrunch
Funding was led by the Foundry Group and Techstars. The new capital will be used to extend the company's selection of foodstuffs beyond leafy greens and into grain bowls, breakfast bowls, poke bowls, açai bowls and yogurt bowls.

Why This Restaurant Chain Is in the Farming Business (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=95d9739d99&e=2715c96b29) - Fast Company
Dig Inn serves a lot of produce. The farm it operates in upstate New York helps it grow some of it–but also gives the company a better understanding of the struggles and needs of the many other farmers it works with.

Why the Future of Food - and Hunger - Is in the Hands of Chefs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f599f8aeee&e=2715c96b29) - Mic
Chefs are often the face of food. Here's how they can influence food policy and educate diners.

Dream Cafe Aims to Create a Blueprint for a More Equitable Food Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7f879d873a&e=2715c96b29) - Eater
Dream Cafe is a collaboration between the Allied Media Conference and FoodLab Detroit that will showcase dozens of restaurants and food business run by women, members of the LGBTQ community and people of color.

Gaming Restaurant Mobile Apps to Protect Privacy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1e5d75da8a&e=2715c96b29) - Skift Table
Some consumers are split between the convenience of mobile ordering and loyalty apps and the desire to protect privacy.

sea to table

AGRICULTURE

UK: Tropic Biosciences Raises $10M Series A for Tropical CRISPR Tech (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d03317d416&e=2715c96b29) - AgFunder
Funding was led by Pontifax AgTech and Five Seasons Ventures, with participation from Tekfen Ventures, Emerald Technology Ventures and Bits x Bites. The startup is working on gene-editing technology to optimize coffee and banana crops.

SoftBank Wants to Build the Future. Here Are Some New Bets It Could Make. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cbb009741a&e=2715c96b29) - New York Times
Masayoshi Son, founder of SoftBank, wants to invest in companies that will build the future through the company's $100b Vision Fund. DealBook suggests other bold investments could include technologies like gene-editing and artificial meat, among others.

Senator Calls for Investigation into Possible Fish Fraud (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=89f13cd8fa&e=2715c96b29) - New York Times
US Senator Edward Markey has asked federal agencies to investigate where Sea to Table actually gets its fish, after an Associated Press investigation found it was selling mislabeled tuna.

Small Farmers Are Mixing Old Equipment with New Tech (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e0cf4f56e&e=2715c96b29) - Popular Science
Young and small-scale farmers test new tools, refurbish old technology and make whatever else they need to get the job done.

Depression-Era Program Could Help Farmers in Trade War But Still Won't Make Them 'Whole', Says Former USDA Secretary (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f442fe379f&e=2715c96b29) - CNBC
On Friday, China announced a 25% tariff on $34b worth of American products, including soybeans, corn, wheat, beef, dairy products and sorghum. Statutes available to the USDA like the Commodity Credit Corp could buy surplus farm products and support growers.

Climate Change Will Make Rice Less Nutritious, Putting Millions of the World's Poor at Risk (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3b098348ff&e=2715c96b29) - CNBC
Climate change could alter the nutritional value of rice, a culinary staple for more than 3b people around the world.

Latin America: The Yield Lab Launches LatAm Accelerator, Invests in 3 Agtech Startups (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e271187e6d&e=2715c96b29) - AgFunder
The Yield Lab LATAM will take on six startups in total for the first cohort, with each receiving up to $100k in capital for various amounts of equity.

The Grazing Expert Helping Farmers Build Resilient Ecosystems (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=15f15c2482&e=2715c96b29) - Civil Eats
Since the 1990s, Sarah Flack has helped livestock farmers across the country manage their animals to increase the health and sustainability of their farms.

food waste fashion

EATERS

Food Waste Is Going to Take Over the Fashion Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=954dbba598&e=2715c96b29) - Fast Company
The startup Circular Systems is pioneering new tech to convert food crop waste – like banana peels and hemp stalks – into wearable fibers.

This is Our Moment to Zero in on the Farm Bill (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=580de4abcf&e=2715c96b29) - Civil Eats
Both the House and Senate farm bills maintain a deeply flawed status quo and weaken support for healthy food and sustainable farming. There is a better path forward.


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