Latest food tech and innovation news, jobs and events.
View this email in your browser (https://mailchi.mp/foodtechconnect/every-food-trend-predicted-why-amazon-may-not-buy-target-raw-water-more-2996885?e=2715c96b29)
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=02750374ca&e=2715c96b29
food startups
FEATURED
FDA Meets About Culture Food Products, Food Startups Raise $3B Globally + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=18e1a8f79a&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 | Food+Tech Connect (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8d9abdb8f7&e=2715c96b29)
On June 30th, 2018 The Future Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2116a72548&e=2715c96b29) be debuting a brand new Future Market pop up exhibit at the Summer Fancy Food Show (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f50b00041b&e=2715c96b29) in NYC. It will be 3,600 sq ft exhibit along with three new concept products, and four featured brands.
2017 US Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=93e125175a&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
power hour
Power Hour is a networking event for the next generation. It's a no-frills, no resumes evening connecting some of the hottest companies in food with young professionals who value building authentic relationships and expanding their networks to open the door for job opportunities today and tomorrow. Attendees will get to meet some great companies, get free bites and walk away with connections they won't find anywhere else. VIP tickets snag access to a sweet swag bag and a free headshot.
Tickets Here (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2a6e747e2b&e=2715c96b29)
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=58191bc6bc&e=2715c96b29)
* Matthew Holtzman of goMkt (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e8de299dfc&e=2715c96b29)
* Phil Wong of Misfit Juicery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5d2f99648c&e=2715c96b29)
* Amanda Weeks of Industrial/Organic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2a9a52268e&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=53ba00f158&e=2715c96b29) , Rescuing Leftover Cuisine (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8b8c635633&e=2715c96b29) x Breads Bakery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=63be9e498f&e=2715c96b29) , Regrained (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b1c791eab7&e=2715c96b29) , Misfit Juicery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7ee0abb824&e=2715c96b29) , Gotham Greens (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d21d5d4760&e=2715c96b29) , Local Roots NYC (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6a6583da62&e=2715c96b29) and Food for All (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8cb3bf8235&e=2715c96b29) . We'll also have a food waste pop-up with chefs Tom Coughlan (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6e2cac3d8c&e=2715c96b29) and Denzell Washington.
Get Your Ticket (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ed2e99361d&e=2715c96b29)
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d39ae6f690&e=2715c96b29
LATEST JOB LISTINGS
Food Developer Manager at GoReadyMade (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0289d46988&e=2715c96b29) - Linden, NJ
Assistant Cheese Maker/Order Fulfillment Associate at CalyRoad Creamery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0654975604&e=2715c96b29) - Atlanta, GA
Chief of Staff at Rip Van (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2ee2853472&e=2715c96b29) - Brooklyn, NY
Brand Ambassador at The Future Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c36f125adf&e=2715c96b29) - New York, NY
Director of Marketing at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ba9ef92b0c&e=2715c96b29) - Brooklyn, NY
Operations Manager at Bread SRSLY (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1c1357ad7e&e=2715c96b29) - Berkeley, CA
Business Development / Sales Executive at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dfd8e21847&e=2715c96b29) - San Francisco, CA
Director of Operations and Logistics at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a4bebfa325&e=2715c96b29) - San Francisco, CA
Head of Produce Supply at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f9dbed6cd3&e=2715c96b29) - San Francisco, CA
Customer Acquisition Manager at Sea to Table (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d846f0eaad&e=2715c96b29) - Brooklyn, NY
Production + Operations Manager at Dripkit Coffee (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cb0013a939&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=e313ac448b&e=2715c96b29) - New York, NY
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=731abe2b4a&e=2715c96b29)
feed
CPG
Innovative Plant-Based Food Options Outperform Traditional Staples (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bd01bf4ea6&e=2715c96b29) - Food Navigator
Plant-based food options accounted for nearly 20% of food and beverage dollars spent last year. More than one-third of Americans say they are following a specific diet in 2018.
France: Feed Raises $17.4M for Its Soylent-Like Food Products (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2ea0d53886&e=2715c96b29) - TechCrunch
Alven and Otium Brands led the round. The new funding will allow the company to launch its product in new countries.
GoodBelly Lands $12M Round, Led By 301 Inc. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=facf57a15e&e=2715c96b29) - Project Nosh
Funding was led by 301 Inc with participation from Emil Capital Partners. The investment will go towards entering new retail channels and product innovation.
Consumers Quenching Their Thirst with Organic Beverages (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8b944fec96&e=2715c96b29) - Food Dive
Fresh juices and other beverages saw sales climb 24.5% to $1.2b in 2017. Some of the most popular categories were probiotic and plant-based beverages.
Opportunities for Food and Drink as Canada Legalizes Cannabis (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=baff104111&e=2715c96b29) - FoodBev Media
The bill marks a slow shift in both public and regulatory attitudes toward the drug, as well as opportunities for the F&B industry.
Artificial Trans Fats, Widely Linked to Heart Disease, Are Officially Banned (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cfd8597398&e=2715c96b29) - The Washington Post
Artificial trans fats are banished from US restaurants and grocery stores. Food makers have had three years to phase out the ingredient, which the FDA ruled unsafe to eat in 2015.
AB InBev Debuts First Blockchain-Based Mobile Ad Campaign (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9cfbe275e9&e=2715c96b29) - Food Dive
The technology intends to provide a clear reconciliation of campaign performance data, eliminating the potential for fraudulent reporting by third parties and ad servers.
bossa nova
RETAIL
Bossa Nova Just Raised Another $29M for Its Grocery Store Robots Used by Walmart (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=60942afde1&e=2715c96b29) - CNBC
Funding was led by Cota Capital, China Walden Ventures and LG Electronics. It will use the capital for software R&D, hiring and international expansion.
Italian Grocery Delivery Service Supermercato24 Picks Up €13M Series B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=40b483b593&e=2715c96b29) - TechCrunch
Leading the round is FII Tech Growth, with participation from Endeavor Catalyst, 360 Capital Partners and Innogest. New funding will be used to improve operations and product, as well as to expand the service to new markets.
SnackNation Acquires Love With Food Snack Subscription Service (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e622144f6&e=2715c96b29) - Food Business News
The company has acquired EdgiLife, a consumer insights and data analytics company, and its Love With Food healthy snack box subscription service. Financial terms of the transaction were not disclosed.
Why Costco's Avocados Will Last Twice As Long (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=06086d3d44&e=2715c96b29) - Food Dive
Apeel Sciences has developed technology that it claims could more than double the shelf life of the fruit. The company will apply its edible coating on avocados sold at Costco outlets nationwide, with plans on expansion to other retailers and regions soon.
Amazon's Whole Foods Deal Has Sent Some Retailers into the Waiting Arms of Google (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b01d5f5b50&e=2715c96b29) - CNBC
Since Amazon's acquisition of Whole Foods last year, a number of retailers have joined a new advertising program with Google that makes their products appear in search and through Google's voice-activated assistant.
Estonia: Delicia Wants to Fight Food Waste with Blockchain-Based Marketplace (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b562bfc30f&e=2715c96b29) - The Spoon
The company uses blockchain to create a global, decentralized platform for retailers, like grocery and convenience stores, to sell food that is nearing expiration to local buyers like restaurants and consumers.
Why and How Retailers Are Taking on the Role of Incubator (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d942c40e13&e=2715c96b29) - New Hope
By helping small vendors get their businesses off the ground, retailers differentiate themselves in a competitive marketplace and build important local supply relationships.
There's Tremendous Human Suffering Behind Our Food. It's Time to End It. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dca9784bab&e=2715c96b29) - Civil Eats
Oxfam's new campaign seeks to spotlight the unequal and unjust global food system, and highlight the role and responsibilities of supermarkets.
swiggy
RESTAURANTS
Indian Food Delivery Startup Swiggy Raises $210M at a $1.3B Valuation (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0b9a011604&e=2715c96b29) - TechCrunch
The investment was led by Naspers and DST Global with participation from Meituan Dianping and Coatue Management. The plan is to invest in extending its reach to new locations in India and build out its logistics network.
Boston's ezCater Raises $100M to Take Its Corporate Catering Platform International (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bcd7a647f0&e=2715c96b29) - VentureBeat
Funding was led by Wellington Management Company and included previous investors Iconiq Capital and Insight Venture Partners.
Taste Test: Burger Robot Startup Creator Opens First Restaurant (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0bae0e1b94&e=2715c96b29) - TechCrunch
Creator's burger-cooking bot grinds its meat to order and assembles the components with algorithmic perfection for just $6.
DC Voters Approve Initiative to Raise Minimum Wage for Tipped Workers to $15 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c111326d6b&e=2715c96b29) - The Washington Post
The proposal — mandating that by 2025 businesses raise from $3.33 to $15 the required hourly wage — prompted fierce opposition from restaurateurs and workers who say it will drive up labor costs and force eateries to close.
Danny Meyer Doubles Down on Banning Cash at Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0040ea0a2e&e=2715c96b29) - Eater
The Union Square Hospitality Group says even more of the company's businesses will implement the controversial policy, which has come under fire for being classist.
Turning Office Fridges Into Healthy Vending Machines (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6a3c63f595&e=2715c96b29) - PYMNTS
Smart vending machines and self-service kiosks are becoming a sure sign of restaurant innovation. Industry leaders in the fast food space continue to expand their use of unattended tech.
gotham greens
AGRICULTURE
Urban Agriculture Startup Gotham Greens Closes $29M Round of Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5a2744db65&e=2715c96b29) - Fortune
Creadev contributed to the round alongside existing investors, including Silverman Group. The company will use the funds to build out new greenhouse facilities, invest in R&D and expand distribution and its team.
Finless Foods Raises $3.5M Seed Round to Culture Bluefin Tuna (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f7249890a7&e=2715c96b29) - AgFunder
The round was led by Draper Associates, with participation from Softmatter VC, Starlight, The U-Start Club, Blue Horizon, Hemisphere Ventures, Babel Ventures, Yakumi Investment, Olive Tree Capital and Harrison Blue Ventures. It will allow the company to finish its R&D work and move onto commercial scale.
Deere Legal Battle Highlights Race for $240B Farm Tech Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=71d66a9105&e=2715c96b29) - Bloomberg
A legal battle between Deere & Co and AGCO Corp over gadgets related to precision agriculture is highlighting a race to automate farm work.
China: The Robot Farm Is Here (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5a33536379&e=2715c96b29) - Bloomberg
This month, China is launching a seven-year autonomous agriculture pilot program that will experiment with new equipment and methods in an effort to bring its millions of polluting and unproductive farms into the information age.
AgTech Investment Topped $10B in 2017. How Much Went to Women? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0fd5926392&e=2715c96b29) - New Food Economy
In 2017, women-led startups across all sectors combined received $1.9b of the $85 billion total invested by venture capitalists. That's just 2% of what went to men. Data on investments in women-led ventures in the agtech field are spottier.
Farmers and Farmworkers Openly Diverge on Immigration Crisis (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7ec84d1f5b&e=2715c96b29) - Bloomberg
The outcry over the Trump administration's approach to illegal immigration has served to highlight the widening partisan gulf between most American farmers and the largely foreign workforce they employ.
Israel: Edete Raises $3M for Bee-Free Pollination Tech (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=50f02f57f5&e=2715c96b29) - AgFunder
The round was led by Kibbutz Malkia ad included the Israeli government's Innovation Authority, as well as angel investors from the company's first round of funding. Edete will first target the global almond market.
Pakistan & Thailand: Gates-Backed Ricult Raises $1.85M to Improve Smallholder Farmer Profitability with Digital Tech Platform (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bb9b3eed20&e=2715c96b29) - AgFunder
Investors in the round include a Thai corporate, 500 Startups and Wavemakers. It plans to use the funding round proceeds to scale up its market share.
Kerala Govt to Leverage Blockchain Tech to Streamline Supply (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fadde4bd11&e=2715c96b29) - Business Standard
The Kerala government has embarked on a strategy to leverage blockchain technology to streamline purchase and distribution network of milk, vegetables and fish in the state.
farm bill
EATERS
Today, the House narrowly passed the farm bill, 213-211, with 20 republicans joining democrats in voting against it.
GOP Likely to Sneak Cuts to Food Stamps Through the House This Week (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c55788b41b&e=2715c96b29) - NY Mag
There are still ongoing fights over SNAP work requirements and farm subsidy limits, but one obstacle to the farm bill has fallen.
What Is the Farm Bill and Why Does It Matter? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1200dc3359&e=2715c96b29) - Food & Environment Reporting Network
The farm bill is the single most influential piece of legislation on America's food, farming and anti-hunger programs. And yet most people know very little about it. FERN digs in.
Millennials Are Cooking Less and Less, and It Could Cause a Crisis for America's Biggest Food Companies (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0df5b0a685&e=2715c96b29) - Business Insider
The introduction of robots and delivery drones in the future could drive down costs and make ordering in cheaper than cooking at home. This could negatively impact US food producers that are dependent on sales of ingredients.
FoodPairing Unveils FlavorID, A New Tool for Taste Personalization (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=24e1eb12d3&e=2715c96b29) - The Spoon
FlavorID draws from over 8k different aromas and taste molecules, as well as 600 dietary descriptors, to develop a flavor fingerprint for each individual.
BSH Appliances Teams with TechStars to Create Connected Kitchen Accelerator (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8bfa8f1a2c&e=2715c96b29) - The Spoon
The accelerator is targeted at early stage companies with innovative business models that want to accelerate their ideas around the connected kitchen of the future home.
** NEW TO OUR NEWSLETTER?
------------------------------------------------------------
Click HERE (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dc298590cf&e=2715c96b29) to subscribe and get the latest food tech news, jobs and events delivered to your inbox.
Food+Tech Connect (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7e17876ae2&e=2715c96b29) is the site of record and community for the food tech and innovation sector.
============================================================
** Facebook (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=82e8b71384&e=2715c96b29)
** Facebook (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1d52d87182&e=2715c96b29)
** Twitter (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d02db79b10&e=2715c96b29)
** Twitter (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b778fb4875&e=2715c96b29)
** FTC (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b6077295ee&e=2715c96b29)
** FTC (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bb2289c536&e=2715c96b29)
** Instagram (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fb29845868&e=2715c96b29)
** Instagram (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=73b0f2b668&e=2715c96b29)
Copyright © 2018 Food Tech Media, All rights reserved.
You're receiving this email because you signed up at foodtechconnect.com.
Our mailing address is:
Food Tech Media
26 Broadway, 8th Floor
NY, NEW YORK 10003
USA
** unsubscribe from this list (https://foodtechconnect.us1.list-manage.com/unsubscribe?u=5137626c88ab3a61c40112a42&id=a4ee94a879&e=2715c96b29&c=01da021729)
** update subscription preferences (https://foodtechconnect.us1.list-manage.com/profile?u=5137626c88ab3a61c40112a42&id=a4ee94a879&e=2715c96b29)
