Latest food tech and innovation news, jobs and events.
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UNFI
FEATURED
UNFI Acquires Supervalu for $2.9B, Chef'd is Back in Biz + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=98910ac497&e=2715c96b29)
Our round-up of this week's top food innovation news.
2017 US Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=44bb58ac0b&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.
EVENTS
rethinking cpg
Join us to hear from some of the game-changing startups who are rethinking consumer packaged goods at our Food+Tech Meetup on August 7th, 2018!
Founders will do a deep dive into their business models, approaches to product development and lessons learned.
We will also have networking with the community and lots of great food and drinks to sample from including RIND Snacks (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bcc5eedcaa&e=2715c96b29) , Dafero (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f59ca7e3ac&e=2715c96b29) , Egunsi Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a2c9d415bb&e=2715c96b29) , The Worth Company (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b619e224cc&e=2715c96b29) , Masienda (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d27e2fce92&e=2715c96b29) , Lavva (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6fccbab612&e=2715c96b29) , Seek Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=35b4aba09c&e=2715c96b29) , Makku (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=02d7f3728e&e=2715c96b29) and Yolélé Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fb64326533&e=2715c96b29) . Presenters include Zak Normandin of DIRTY LEMON (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e824680b08&e=2715c96b29) and Victor Friedburg of Lavva (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dc0452fd7d&e=2715c96b29) . Stay tuned for announcements on more speakers!
Get Your Tickets! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=eb69fb914d&e=2715c96b29)
sustainable sunday supper
Join us on July 29th for a Zero Waste Culinary Experience. Guests will enjoy a 5-course tasting menu designed by AgTech X (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6dd7a197dc&e=2715c96b29) Chef-in-Residence Denzell Washington and Chef Anna Fitting of A La Minuit utilizing delicious items upcycled from local farms and restaurants. Three culinary demonstrations will also be given, exploring various techniques to facilitate waste reduction in everyday food preparation.
Tickets Here (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e956138475&e=2715c96b29)
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LATEST JOB LISTINGS
Operations Manager at Main Street Wholesale Meats (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=96f4ffa623&e=2715c96b29) - Farmingdale, NY
Next-Gen Farmer at Square Roots (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9d76b567c5&e=2715c96b29) - Brooklyn, NY
Senior Accountant at The Farm Project (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=358136de6c&e=2715c96b29) - Los Angeles, CA
Lead IOS Mobile Engineer at The Farm Project (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1e2dfd49aa&e=2715c96b29) - Los Angeles, CA
Executive Assistant at DIRTY LEMON (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=060cb715ba&e=2715c96b29) - New York, NY
Social Media Manager at DIRTY LEMON (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=681d61e3d4&e=2715c96b29) - New York, NY
Lead Web UI Engineer at The Farm Project (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6ae5679210&e=2715c96b29) - Los Angeles, CA
Sourcing and Logistics Analyst at DIRTY LEMON (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ad2be71864&e=2715c96b29) - Los Angeles, CA
Social Media Intern (Paid) at DIRTY LEMON (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=711836a05b&e=2715c96b29) - New York, NY
Marketing Intern (Paid) at DIRTY LEMON (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dbf776ab90&e=2715c96b29) - New York, NY
Current Accounts and Business Development Associate at Hu Kitchen (4 Point Consulting) (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ccef342588&e=2715c96b29) - New York, NY
Business Development, Distributor Sales Manager at Hu Kitchen (4 Point Consulting) (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=31fc3508a0&e=2715c96b29) - New York, NY
Manager, Digital & Email Marketing at Hu Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a09de009de&e=2715c96b29) - New York, NY
Operations Manager at The Goods Mart (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8ef4381462&e=2715c96b29) - Los Angeles, CA
Team Expansion Leader at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9c0266839d&e=2715c96b29) - Remote
Commercial Bakery Marketing Coordinator at Brooklyn Bite (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cbaadbe3c2&e=2715c96b29) - Brooklyn, NY
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c5d0d743d7&e=2715c96b29)
terramino foods
CPG
Fungi-Based Meat Alternative Startup Raises $4.25M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e034d9e97b&e=2715c96b29) - Food Business News
Terramino Foods' funding was led by True Ventures and Collaborative Fund. It plans to use the new capital to expand its team and develop more sustainable protein products.
The Startup Behind Silicon Valley's Favorite 'Bleeding' Veggie Burger Has Scored a Major Victory in Its Battle for Legitimacy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7b2d08a5b2&e=2715c96b29) - Business Insider
The FDA has officially deemed Impossible Food's iron-rich ingredient, heme, safe to eat.
Rethink Water Raises $6.7M for Kid-Sized Boxes (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7c77bc52d6&e=2715c96b29) - Food Dive
Funding was led by AccelFoods and will be used to increase distribution throughout the US and fund new product launches.
India: Kishlay Foods Raises $15M from Norwest, Others (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b751e020ab&e=2715c96b29) - Livemint
The funding will be used primarily to buy out existing business partners, expand distribution in north and east India and to launch additional product lines.
Seattle Food Tech Looks to Replace the Chicken Nugget with a Plant-Based Copycat (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e0fe485f47&e=2715c96b29) - TechCrunch
Christie Lagally spent half of a decade working on planes as an aerospace engineer. Now, she's trying to change the way we eat chicken.
A Pet Food Startup Backed by Peter Thiel Is Pursuing Lab-Grown Mouse Meat — but People Are Worried About the Consequence (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=562367752f&e=2715c96b29) - Business Insider
Wild Earth recently scored $450k from tech mogul Peter Thiel to make pet food from cultured mouse meat. Founders of other cultured meat startups are concerned that marketing it as dog food could destroy its appeal for human consumers.
I Can't Believe It's Chickpea Water (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=20228eccf3&e=2715c96b29) - New York Times
FabaButter, a plant-based butter substitute made with aquafaba, works almost as well as the real thing.
Kraft Heinz Recalling Cheese Dip on Botulism Risk (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f37e69eedd&e=2715c96b29) - CNBC
The company voluntarily recalled 7k cases of its Taco Bell Cheese Dip, following recalls by other major packaged food companies including Kellog's, Campbell Soup and Mondelez International.
walmart
RETAIL
UNFI to Acquire Supervalu for $2.9B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=746f705c99&e=2715c96b29) - Food Dive
The move will expand UNFI's perishables business and give it access to important new markets.
Chef'd Is Back in Business — but Not E-Business (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=86c8fcd683&e=2715c96b29) - Supermarket News
A week after shutting operations, meal kit company is acquired by True Food Innovations, a fresh food technology, CPG and manufacturing company. True Food will continue to sell its meal kits in grocery stores, but it will suspend its e-commerce offerings while it works to become profitable.
Walmart to Test Self-Driving Cars for Grocery Pickup Service (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f290fb209c&e=2715c96b29) - NPR
Walmart and Waymo — formerly Google's self-driving car project — announced on Wednesday the launch of a pilot program that will allow consumers to make their grocery pickups with the help of an autonomous vehicle.
Grocers Are Failing to Meet $20B Consumer Demand for Local Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=87e092a4e9&e=2715c96b29) - AgFunder
While the demand for local food has never been greater, many grocers are ill-equipped to serve customers who are willing to pay more for quality food that supports their local economy.
grubhub
RESTAURANTS
Grubhub Acquires Payments and Loyalty Company LevelUp for $390M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=233fe74018&e=2715c96b29) - TechCrunch
The acquisition will enable Grubhub to deepen its integration with restaurants' POS systems, allowing the company to handle more deliveries.
ezCater Acquires GoCater to Expand Beyond the US (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c2920e9110&e=2715c96b29) - TechCrunch
Catering marketplace company ezCater is putting its $100m funding round to use, acquiring GoCater, a European marketplace, to kick start its first international expansion move.
350M Diners Fuel Battle for China's Food Delivery Crown (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6bdaaf9ecd&e=2715c96b29) - Bloomberg
Alibaba Group Holding's food delivery platform Ele.me plans to spend 3b yuan ($443m) this quarter trying to wrest customers from Meituan Dianping, with aims to command more than half of all food delivery transactions in China.
San Francisco Wants to Ban Multi-Million Dollar Corporate Cafeterias (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fcdf5e0036&e=2715c96b29) - Eater
If the law passes, companies like Google and Facebook won't be allowed to operate cafeterias in any future office buildings in San Francisco. The measure will funnel enormous funds into local restaurants.
India: Bluechip Angels and Tracxn Backed Foodtech Startup Twigly Shuts Down (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=04aebba3b1&e=2715c96b29) - Entrackr
The startup has abandoned its services almost after three years of operations. The startup couldn't manage to raise any further risk capital, amidst growing competition from Zomato and Swiggy.
How Big-Name Chefs Are Using Their Fame to Literally Pay It Forward (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=be388c87aa&e=2715c96b29) - Eater
Chefs are moving away from silent investing, taking on the more public and financially significant role of operating partner. They're giving chefs who might not have the same resources a leg up.
Caviar Now Offers Accident and Disability Insurance for Couriers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7b1e957a39&e=2715c96b29) - TechCrunch
This occupational accident insurance will ensure that couriers are covered in the event any accidents happen while they're making deliveries for Caviar.
Homophobia Almost Made Me Quit Being a Chef (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=411da07185&e=2715c96b29) - Eater
For men who don't fit a narrow definition of masculinity, gay or not, restaurant kitchens can be a place of daily harassment.
trump's USDA
AGRICULTURE
Trump's USDA Announces $12B in Farmer Relief from His Tariffs. But What Are We Going to Do with All These Soybeans? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=170630bd61&e=2715c96b29) - New Food Economy
The majority of the subsidies will go to soybean farmers. The direct payments are intended to bridge the gap until new trade partners are found.
Trump's USDA Fights Global Guidelines on Livestock Antibiotics (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=023f134155&e=2715c96b29) - Bloomberg
The Trump administration is resisting the World Health Organization's effort to sharply limit antibiotic use in farm animals, a move intended to help preserve the drugs' effectiveness.
Demeter Hits €45M 1st Close of New €70M Agtech Fund (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=711a0feb01&e=2715c96b29) - AgFunder
European investment firm Demeter has raised €45m ($52.5m) in the first closing of its new Agrinnovation Fund. The fund is targeting a total of €70m to invest in 20 agtech startups.
Skyscrapers Full of Lettuce Promise an Eco-Friendly Alternative to Outdoor Farming. There's Just One Problem. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d9254826f4&e=2715c96b29) - Mother Jones
Vertical farming has a huge energy problem. Sunlight is free and renewable. Thus far, electricity is mostly neither. Most vertical farming operations focus on leafy greens because of its high water content, which leaves little heavy lifting for photosynthesis.
Agroptima Raises €1.2M Series A for European Farm Management Software Platform (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5e70cc53c0&e=2715c96b29) - AgFunder
This investment round was led by Spanish venture capital firm Athos Capital with the participation of ESADE BAN and existing shareholders. The company plans to use funding for internationalization and ongoing technological development.
Sea to Table Defends Actions but Ex-Employees Raise Concerns (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=65338927ce&e=2715c96b29) - CNBC
Four former employees said they raised concerns about mislabeling, the blending of imports and deceptive marketing practices years ago, and were ignored or silenced.
Cell-Grown Meat Is Better for All of Nature (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=96f484a568&e=2715c96b29) - Wall Street Journal
Growing crops to feed animals so we can eat meat is an extraordinarily inefficient production method.
Want to Understand the Border Crisis? Look to American Corn Policy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7a3cbfa39f&e=2715c96b29) - New Food Economy
A look at how NAFTA subsidized American farmers, disrupted Mexican agriculture and paved the way for today's immigration debate.
AgFunder Closes First in Series of Food & Ag Tech Funds Enabled by AI (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5f9401bd3d&e=2715c96b29) - AgFunder
The VC platform has raised $2.25M from the AgFunder community to invest in transformational food and agriculture startups.
lone star tick
EATERS
What the Mystery of the Tick-Borne Meat Allergy Could Reveal (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c011a675b5&e=2715c96b29) - New York Times
Unraveling why tick bites are suddenly causing a strange reaction in some people who eat meat could help scientists better understand how all allergies work.
Could Older Americans Be an Untapped Market for Online Grocery? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=458b60a51e&e=2715c96b29) - Food Dive
Some of the difficult realities of getting older — including a lack of mobility and lack of transportation — make online shopping a tailor-made solution.
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