Latest food tech and innovation news, jobs and events.
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The Future Market
FEATURED
Oprah Gets Into Restaurant Biz, Walter Robb Joins S2G, Starbucks Bans Plastic Straws + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=419c94e66c&e=2715c96b29)
Our round-up of this week's top food innovation news.
Exploring the Future of Food at Summer Fancy Food 2018 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ea4d8475a1&e=2715c96b29)
An inside look at the Future Market pop-up exhibit at the Fancy Food Show, which featured 31 concept food products built into a personalized digital shopping interface that suggested how and what you may be buying in the grocery store of the future.
2017 US Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b40a507ada&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.
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LATEST JOB LISTINGS
Finance Advisor at TaraPaige Group (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e7f6a3ecdd&e=2715c96b29) - New York, NY
Director, Growth Marketing at PetPlate (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bf406558af&e=2715c96b29) - New York, NY
Community Manager at Ugly Drinks (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7097aee95c&e=2715c96b29) - New York, NY
Culinary Operations Associate at Sakara Life (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=15fe136b9f&e=2715c96b29) - Brooklyn, NY
Head of Product at Smallhold (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4c9f4a8d0d&e=2715c96b29) - Brooklyn, NY
Hardware Engineer at Smallhold (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a7f9775d45&e=2715c96b29) - Brooklyn, NY
Field Marketing Associate at Smallhold (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=83b01bccaf&e=2715c96b29) - Brooklyn, NY
Technology Manager at Dig Inn (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=822e662a46&e=2715c96b29) - New York, NY
Director of Marketing at Chirps Cricket Chips (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2dd6236032&e=2715c96b29) - San Francisco, CA
Food Development Manager at GoReadyMade (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=73977defd6&e=2715c96b29) - Linden, NJ
Assistant Cheese Maker/Order Fulfillment Associate at CalyRoad Creamery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c68c836723&e=2715c96b29) - Atlanta, GA
Chief of Staff at Rip Van (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2ec9364f67&e=2715c96b29) - Brooklyn, NY
Director of Marketing at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=23f302941b&e=2715c96b29) - Brooklyn, NY
Operations Manager at BreadSRSLY (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=beaceae3f0&e=2715c96b29) - Bay Area, CA
Business Development / Sales (F&B Accounts) at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2304702ee4&e=2715c96b29) - San Francisco, CA
Director of Operations and Logistics at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9e71e92006&e=2715c96b29) - San Francisco, CA
Head of Produce Supply at Full Harvest (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c6ca9e5579&e=2715c96b29) - San Francisco, CA
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ee33bcce62&e=2715c96b29)
Walter Robb
CPG
Former Whole Foods Co-CEO Walter Robb Joins S2G Ventures as Exec-in-Residence (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2a37ceae48&e=2715c96b29) - AgFunder
As an executive-in-residence, Robb will help S2G identify new investments and mentor portfolio entrepreneurs who are moving the food system toward sustainability and health.
Four of the World's Largest Food Companies Have a New Plan For Fixing Food & Farm Policy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=00279c6e0e&e=2715c96b29) - The Washington Post
A year after the GMA began to implode, the U.S. divisions of Danone, Mars, Nestle and Unilever have launched their own association. The Sustainable Food Policy Alliance, unveiled Thursday, says it will fight for progressive food policies — from conservation programs to prominent nutrition labels — that have long been eschewed by major food-makers.
- Food Navigator
The sparkling water brand has is launching its first nationwide ad campaign featuring superstar Kristen Bell.
PepsiCo Looks to Generate Buzz With New Hive Incubator (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7b5730fc1a&e=2715c96b29) - Food Dive
This incubator will be a separate entrepreneurial group outside of the core headquarters that will help nurture niche products already in the portfolio as well as look at other venturing brands that PepsiCo can bring into the fold.
Talking Heads? Beer Label Uses Facial Recognition to "Chat" and Detect Consumer Emotion (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0978eafcc8&e=2715c96b29) - Food Ingredients First
Black Red Ale's new packaging uses augmented reality facial recognition to enable consumers to have interactive conversations with a "talking" skull on the bottle.
Target Takes on Halo Top With Its Own Low-Calorie, High-Protein Ice Cream (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=69ce606d7f&e=2715c96b29) - Food Dive
The low-cal, high-protein dessert is available for in-store purchases only, and the store will continue to sell the popular Halo Top.
Badges of Honor - Restoring Trust With the Consumer (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=233cfbac4d&e=2715c96b29) - Rabobank
Rabobank examines how large food companies are restoring trust with consumers.
'Antifreeze' Proteins Let Bacteria Survive Cold Storage (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1f1e957546&e=2715c96b29) - Futurity
The way fish survive in some of the coldest regions on Earth has inspired a new way to "freeze" bacteria, which could have potential implications within the food industry.
Luckin Coffee
RETAIL
A Startup Challenging Starbucks in China is Now Worth $1 Billion (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7b34b5c017&e=2715c96b29) - Quartz
Luckin Coffee has opened 525 outlets across China's major cities in just 9 months since launching. The startup closed a $200 million funding round giving it a $1 billion valuation.
GrubMarket Gobbles up $32M Led by GGV For Its Healthy Grocery Ordering and Delivery Service (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c332a16fe2&e=2715c96b29) - TechCrunch
The round of funding is a mixture of equity and debt led by GGV with participation from Fusion Fund, Great Oaks Venture Capital, Max Ventures,and others. The fund will be used to grow and make acquisitions ahead of its upcoming IPO.
U.K: Olio, The App That Lets You Share Unwanted Food Items With Your Neighbours, Picks Up £6M Series A (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f9215d1cca&e=2715c96b29) - TechCrunch
The round was led by Octopus Ventures with participation from Accel, Quadia and others.
Jet Expanding Same-, Next-Day Online Grocery Delivery to NYC (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3251f02524&e=2715c96b29) - Progressive Grocer
Jet.com, the Hoboken, N.J.-based arm of mega-retailer Walmart Inc., is bringing same- and next-day grocery delivery to New York City's boroughs by opening a new fulfillment center in the Bronx.
Understanding How IBM And Others Use Blockchain Technology To Track Global Food Supply Chain (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3ebca3c9e6&e=2715c96b29) - Forbes
Through its collaboration with 10 food producers and retailers, IBM has 350k+ food data transactions to date on the IBM Food Trust platform.
Prime Day Promises to Bring Pain — but Also Opportunity — to Grocers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=56f9f545f6&e=2715c96b29) - Food Dive
Amazon Prime Day sales are expected to grow at least 40% this year to $3.4 billion globally. The 1.5 day sales event will for the first time include offers at Whole Foods.
Oprah
RESTAURANTS
True Food Kitchen, the Restaurant Chain Oprah Just Invested In, Explained (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=088a622115&e=2715c96b29) - Eater
Oprah has invested an undisclosed amount in Phoenix-based True Food Kitchen, a healthy restaurant chain backed by Dr. Andrew Weil. She is also joining its board of directors.
Toast Raises $115M at a $1.4B Valuation to Create a One-Stop Management Tool For Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=46b354f563&e=2715c96b29) - TechCrunch
T. Rowe Price led the round of funding in the POS system, with participation from Tiger Global Management, Bessemer, Generation Investment Management, and Lead Edge Capital.
Libyan Food Delivery Service Looks to Serve Up Gender Equality (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a3dfb12c12&e=2715c96b29) - VOA
Just one in four Libyan women is employed, a situation the Yummy app hopes to change. The food delivery app allows female home cooks to earn money from their own kitchens.
Dubai: Careem To Invest $150 Million To Launch New Food Delivery Business (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=459dac6e91&e=2715c96b29) - Forbes
After having acquired online restaurant reserving and food delivery platform RoundMenu, the ride hailing app will launch a food delivery business by September.
Delivery Start-up Postmates Expanding to 100 New Cities and Going Deeper With Chipotle (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=05a76f4203&e=2715c96b29) - CNBC
The move adds 300 Chipotle restaurants to its roster and expands the delivery service to 50 million additional potential customers.
Regulators Investigate Fast-Food Chains' Limits On Whom They Hire (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c74169d08a&e=2715c96b29) - NPR
Ten states and the District of Columbia are investigating Wendy's and other fast-food chains over the use of "no poach" agreements that limit the ability of workers to switch jobs.
A Restaurant Takes On the Opioid Crisis, One Worker at a Time (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4ac1982801&e=2715c96b29) - The New York Times
A Kentucky couple realized that restaurants have an unusual power to help addicted people recover, and created DV8 Kitchen to hire, train and encourage them.
Bahrain-Born Food Tech Startup Eat On Its Recent Fundraising Win (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4485668f9a&e=2715c96b29) - Entrepreneur
The restaurant reservations platform raised an undisclosed amount of investment led by VC firm Middle East Venture Partners (MEVP) with participation from Tenmou, Pinnacle, and 500 Startups. It will use the capital to accelerate growth and to expand across the Middle East.
Explaining the Rise of Blockchain in Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=46593f2241&e=2715c96b29) - QSR Magazine
Blockchain technology is being used for loyalty and supply chain traceability.
Virgin Atlantic Removes Beef and Palm Oil From Flight Menus (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d1eb340396&e=2715c96b29 ) - LIVEKINDLY
The airline is removing ingredients deemed unsustainable as part of its partnership with the Sustainable Restaurant Association.
Kamala
AGRICULTURE
Democrats Propose Overtime Pay For Farmworkers To Rectify Racial Injustice (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=54793a3c9f&e=2715c96b29) - Huffington Post
Democratic senators led by Kamala Harris are proposing a bill that would extend overtime pay rights and minimum wage protections to all agricultural workers.
Following Farm Deal With General Mills, Midwestern BioAg Nabs $15M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=64d9c5fdb9&e=2715c96b29) - Xconomy
The fertilizers, seed, and other biological product startups that it says can help farmers boost soil fertility, has raised capital from 3 private investors for product expansion with Genera Mills.
Farmers Business Network Invests in AgriSecure to Help Farmers Transition to Organic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=af2949b1a4&e=2715c96b29) - AgFunder
The agribusiness marketplace and data platform has invested in AgriSecure, a Nebraskan startup that helps row crop farmers transition to organic farming.
Brazil Agtech Market Map: 338 Startups Innovating in Agricultural Powerhouse (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=59d988e523&e=2715c96b29) - AgFunder
The Brazil Agtech Market Map offers insights into the growth of Brazil's agtech startup ecosystem.
One in Three Fish Caught Never Makes it to The Plate – UN Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1e753c6013&e=2715c96b29) - The Guardian
Global fish production is at record levels thanks to fish farming, says the UN FAO, but much is wasted and many species are worryingly overfished
Smartphones Emerging as Main Farming Tools in China (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=71424e1c2e&e=2715c96b29) - The Quint
With 96% of China's villages connected to the Internet and each rural household having on an average 3 mobile phones, smartphones adoption is growing rapidly on farms.
In Farm Country, Grappling With the Taboo of Talking about Climate Change (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8a7b242828&e=2715c96b29) - Civil Eats
Despite the heated political rhetoric on both sides of the issue, the realities of the changing climate are driving farmers of all stripes to take action.
Brava
EATERS
Brava Hopes To Heat Up The 'Smart Kitchen' With a $995 Oven (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=78a1aedffc&e=2715c96b29) - Wired
The oven uses infrared light, sensors, AI and more to cook items faster than a conventional oven. The startup is also partnering with Chef'd to offer a food delivery service.
- Food Navigator
Babies born in the USA today don't have the same microbiome as those born 100 years ago, a seemingly innocuous discovery that could prove to be a game-changer in pediatrics, claims one California-based company on a mission to rejuvenate the 'dysbiotic' American gut.
More Americans Are Turning Down Restaurants in Favor of Their Own Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e2a5575f73&e=2715c96b29) - Food Dive
The growing cost of restaurant meals, the rise of grocery e-commerce and the popularity of streaming entertainment have all contributed to more Americans staying at home to eat and prepare meals.
Electrolux Partners with SideChef to Connect Cooking Journey in Asian Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b1d9d3cfb2&e=2715c96b29) - The Spoon
SideChef's tech will be used to provide guided cooking abilities via Electrolux's consumer-facing app.
International Cowork Space WeWork Enforces Red Meat Ban at Company Events (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cc8619b778&e=2715c96b29) - LIVEKINDLY
WeWork is banning red meat at all of its company events. The company will still offer poultry and fish, and it has not banned red meat from the premises.
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