Latest food tech and innovation news, jobs and events.
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cultured meat
FEATURED
FDA Meets About Culture Food Products, Food Startups Raise $3B Globally + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=42774a4406&e=2715c96b29)
Our round-up of last 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=5c44835a72&e=2715c96b29)
On June 30th, 2018 The Future Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6c9f8ad6f4&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=731c5bbbdf&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=f27f8d3e5e&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
Last to RSVP for our Food Waste Innovation Meetup this Wednesday on June 27th!
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=922279981a&e=2715c96b29)
* Matthew Holtzman of goMkt (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=25038bd643&e=2715c96b29)
* Phil Wong of Misfit Juicery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1a9295c93c&e=2715c96b29)
* Amanda Weeks of Industrial/Organic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4c7dc0bd25&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=004f1a8d85&e=2715c96b29) , Rescuing Leftover Cuisine (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a327dfc62d&e=2715c96b29) x Breads Bakery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b671dae92d&e=2715c96b29) , Regrained (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e7f0bee54a&e=2715c96b29) , Misfit Juicery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=af0554818f&e=2715c96b29) , Gotham Greens (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9d4477b805&e=2715c96b29) , Local Roots NYC (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=db78aa5ae3&e=2715c96b29) , Food for All (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b5dfa47c7a&e=2715c96b29) and City Saucery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=778154d071&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=6285365e33&e=2715c96b29) and Denzell Washington.
Tickets Here (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=da3a5ee0c9&e=2715c96b29)
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LATEST JOB LISTINGS
Sales Specialist at BentoBox (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3dee5143a6&e=2715c96b29) - New York, NY
Value Chain Coordinator at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=21e14d6f6f&e=2715c96b29) - Bay Area, CA
iOS Engineer at Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1a7b711a66&e=2715c96b29) - Los Angeles, CA
Culinary Development Manager at Splendid Spoon (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1a3f92178e&e=2715c96b29) - Brooklyn, NY
Food Developer Manager at GoReadyMade (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=11897056e3&e=2715c96b29) - Linden, NJ
Assistant Cheese Maker/Order Fulfillment Associate at CalyRoad Creamery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=946d5f64b1&e=2715c96b29) - Atlanta, GA
Chief of Staff at Rip Van (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9e21b554eb&e=2715c96b29) - Brooklyn, NY
Brand Ambassador at The Future Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=55924688a4&e=2715c96b29) - New York, NY
Director of Marketing at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=83c32ed759&e=2715c96b29) - Brooklyn, NY
Operations Manager at Bread SRSLY (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a5e5a15ff3&e=2715c96b29) - Berkeley, CA
Business Development / Sales Executive at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=95276fa191&e=2715c96b29) - San Francisco, CA
Director of Operations and Logistics at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=37a77006be&e=2715c96b29) - San Francisco, CA
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2f2cb98bc4&e=2715c96b29)
runa
CPG
Vita Coco Owner All Market Inc. Acquires Energy Drink Brand Runa (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=16f1086ccb&e=2715c96b29) - FoodBev
Both Vita Coco and Runa will exist as independent companies under AMI after the acquisition is complete. Financial terms were not disclosed.
Canada: 'Hot Dog Water' Seller in Vancouver Gets Laughs to Prove Point (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8946278470&e=2715c96b29) - CTV News
A man sold bottles of "Hot Dog Water" for $40 each to see how marketing of health claims backed by supposed science amounted to quick sales.
French Group Danone's Venture Capital Fund Eyes 20-25 Deals by 2020 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fb3197146b&e=2715c96b29) - Reuters
Danone Manifesto Ventures is looking at sectors ranging from healthy drinks, snacks and baby food, to the search for alternative protein sources and new ways to build up relationships with consumers.
Abrams Takes Majority Stake, Named CEO of Purity Organic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=71421d5a3e&e=2715c96b29) - BevNET
An investor group led by beverage industry veteran Douglas Abrams has taken a majority stake in organic beverage company Purity Organic. Financial terms were not disclosed.
What Can Big Companies Learn from Small Companies? A Lot, Say Kraft Heinz and Tyson Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=542377d2bd&e=2715c96b29) - Food Navigator
Large food corporations are changing their structures and programs to tap into the mindset of emerging startup brands.
amazon prime
RETAIL
Amazon Will Finish Its Nationwide Rollout of Prime Member Discounts for Whole Foods This Week (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d83f3878fc&e=2715c96b29) - TechCrunch
By the middle of this week, all Amazon Prime members will have access to discounts at Whole Foods Market stores across the US — finishing a nationwide rollout that's part of the retailer's master plan to dominate physical and virtual commerce in America.
The Company Beating Amazon in Grocery Delivery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1a514f0149&e=2715c96b29) - Wall Street Journal
The UK's Ocado has mastered automated fresh food delivery and Kroger quickly took the lead in the US by hiring them.
Walmart's New Patents Will Allow It to Track You in Its Stores — With or Without Your Consent (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f999a44e06&e=2715c96b29) - New Food Economy
The company's increasing ability to harness in-store data most be its most important competitive advantage over Amazon.
The Rise of Supermarket Shopping in Kenya Is Increasing the Risk of Poor Nutrition (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e26c6ba831&e=2715c96b29) - Quartz
The rise has resulted in locals eating higher amounts of processed food than fresh food typically found at traditional markets. Across the continent, the rise of fast food chains is having a similar effect on increasing overweight and obesity levels.
meituan dianping
RESTAURANTS
China's Meituan Dianping Files for Hong Kong IPO; Seeks Over $4B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0c4b41b90b&e=2715c96b29) - Reuters
The online food delivery platform is aiming for a $60b valuation with the IPO, which is likely to list in October.
Zomato in Talks to Raise $400M in Fresh Funding at $2B Valuation (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=97f38e6898&e=2715c96b29) - Deal Street Asia
Funding will largely come from existing investors Ant Financial and Temasek as well as Alibaba Group. The development comes as competitor Swiggy on Thursday announced closing $210m, the largest by a foodtech startup.
Canada: TouchBistro Finalizes $72M Series D Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=64a86c4467&e=2715c96b29) - TechVibes
The round was led by OMERS Ventures and JPMorgan Chase. The startup will use funds to develop the next iteration of its operating system as well as new kinds of payment solutions.
Short of Workers, Fast Food Restaurants Turn to Robots (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d4232515b9&e=2715c96b29) - Wall Street Journal
Caliburger plans to install Flippy in up to ten of its 50 restaurants by year end. The robot will handle the gruntwork, freeing employees from less arduous work that might make it easier to recruit and retain workers.
Meet Goodr, the Company Using Blockchain Technology to Reduce Food Waste (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=99e61d61d1&e=2715c96b29) - CNBC
The food waste management company uses an app to connect businesses with local charities to facilitate deliveries of leftovers.
A&W Canada Adds Plant-Based Burger to Menu Nationwide (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7c2ac2010e&e=2715c96b29) - Vancouver Is Awesome
The Beyond Meat burger will be offered at A&W Canada's 925+ locations starting July 9, 2018.
With the Slice App, Local Pizzerias Get a Bigger Piece of the Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=42232b7a70&e=2715c96b29) - New York Times
Slice's app supports mom-and-pop pizzerias.
Here's How That Tablet on the Table at Your Favorite Restaurant Is Hurting Your Waiter (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e2c0a3bed&e=2715c96b29) - BuzzFeed
In data-hungry, tech-happy chain restaurants, customers are rating their servers using tabletop tablets, not realizing those ratings can put jobs at risk.
carbon sequestration
AGRICULTURE
Senate Passes Farm Bill with Incentives for Farmers to Build Soil Health, Sequester Carbon (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=89cac46b78&e=2715c96b29) - AgFunder
These provisions include funding for a new USDA pilot project that will incentivize farmers, through payments, to adopt agricultural practices aimed at improving soil health and sequestering organic soil carbon.
US Imported More Seafood in 2017 Than Any Prior Year (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fba00d1e66&e=2715c96b29) - Associated Press
The US imported more than 6b pounds of seafood valued at more than $21.5b in 2017. More than 3.6b pounds valued at $6b were exported. The nation's trade deficit in the sector is growing.
Singapore: Umitron Raises $8.3M Seed Funding for Aquaculture Automation Tech (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=de70ff5e2a&e=2715c96b29) - AgFunder
The Innovation Network Corporation of Japan invested alongside D4V (Design for Ventures) and angel investors. The startup uses satellite imagery, IoT and automation to increase the efficiency of offshore aquaculture.
Could Algae Replace Grain in Cattle's Diet? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=16d2d4a751&e=2715c96b29) - Modern Farmer
Fungi, algae and bacteria could be vital for the sustainability of livestock. A new study found that if 2% of livestock feed was replaced by microbial protein, there would be an 8% decrease in global nitrogen losses and 7% reduction in greenhouse gas emissions.
Trump's Trade War Could Shut Cheesemakers Out of Foreign Markets (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=97a4c2c66f&e=2715c96b29) - New York Times
With other countries raising tariffs to American products and signing trade deals without the United States, the American cheesemaker is increasingly standing alone.
For a More Sustainable Food System, Women Are Key (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f7b16c9ab7&e=2715c96b29) - New Food Economy
While women make up more than half of the world's population and nearly half of its farmers, their contributions to agriculture are at best largely unnoticed and at worst almost universally ignored.
Young and Beginning Farmers: Don't Abandon Us in the Farm Bill (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=83c647c791&e=2715c96b29) - Civil Eats
As Congress seeks to pass a unified version of the farm bill, some programs that support new farmers are at risk.
Meat 2.0? Clean Meat? Spat Shows the Power of Food Wording (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6b8ad4486c&e=2715c96b29) - CNBC
The $49.5b US beef, poultry, pork and lamb industry is mobilizing to claim ownership of the term "meat." Cultured meat supporters are embracing "clean meat" while industry players want to stamp it out before it takes hold.
The Overlooked Children Working America's Tobacco Fields (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a1588367cf&e=2715c96b29) - The Atlantic
Kids as young as 10 are picking cash crops for giant international companies—and hardly anyone is watching to make sure the work is safe.
This New Solar Farm Combines Clean Energy and Beehives (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7e7ae564ed&e=2715c96b29) - Fast Company
Using the space around the solar panels as sites for 48 hives, the Eagle Point solar farm is using its land to save pollinators and help local agriculture.
cbd drug
EATERS
FDA Approves Cannabis-Based Drug for Epilepsy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ef359d6e59&e=2715c96b29) - NBC News
Epidiolex is made using cannabidiol, known as CBD, but doesn't contain THC. It will be used to treat rare and severe forms of epilepsy.
Trump Wants to Move Food Stamps to a New Agency. That Could Make the Program Easier to Overhaul (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5ad3d2a559&e=2715c96b29) - The Washington Post
Thursday's proposal would move the $70b SNAP program out of the Department of Agriculture and into a rebranded Department of Health and Human Services.
Building a Table for All: The Ascent of Queer Food Culture (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fd3bac20f5&e=2715c96b29) - New York Times
Food has become a trope by which the queer community has found commonality, sought visibility, championed diversity and encouraged activism.
Here's Why Trump's Plan to Consolidate Food Safety Efforts Won't Work (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b7efc78e69&e=2715c96b29) - Food Safety News
The proposal will be met by political obstacles to consolidation and create new forms of fragmentation. Reorganization is costly and would take years for different agencies to develop bonds of trust and cooperation.
Farm Bill Focus Turns to Senate — and Compromise (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=812503856d&e=2715c96b29) - Politico
Merging starkly different House and Senate bills in conference is all but guaranteed to be a challenge in a Congress mired in partisanship.
The Toilet of the Future Is Made of Mushrooms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e5e378e569&e=2715c96b29) - Co.Design
The MYCOmmunity Toilet is made entirely of mushrooms and can be buried in the ground once full to transform into fertilizer.
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