Latest food tech and innovation news, jobs and events.
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Why Back to the Roots Inked a Historic Partnership with Nature's Path to Bring Organic Cereals to Every School in America (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=97dea86a9b&e=2715c96b29)
Back to the Roots co-founders Alejandro Velez and Nikhil Arora explain why they entered a licensing deal with Nature's Path and how they plan to scale their organic cereal line to schools nationwide.
Monsanto's $289M Verdict, Corona Owner Bets $4B on Marijuana + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b95249412e&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=31a62e5b92&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
Product Specialist, Customer Success at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=322eb540ce&e=2715c96b29) - Bay Area, CA
Contract Manufacturing Manager at Splendid Spoon (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d1ebfedfee&e=2715c96b29) - Brooklyn, NY
Biological Scientist at ProteoSense (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ef0cf15183&e=2715c96b29) - Columbus, OH
Software Engineer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=991f10eec3&e=2715c96b29) - Bay Area, CA
Front-End Developer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=66c10ca73d&e=2715c96b29) - Bay Area, CA
Android Software Engineer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=198a733a84&e=2715c96b29) - Bay Area, CA
Food Loves Tech Event Manager at Edible Holdings (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=751b22cd57&e=2715c96b29) - Brooklyn, NY
Contract Manufacturing Manager at Hungryroot (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3af16a8736&e=2715c96b29) - New York, NY
Operations Manager at Main Street Wholesale Meats (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e3c96efce&e=2715c96b29) - Farmingdale, NY
Next-Gen Farmer at Square Roots (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4ddff40742&e=2715c96b29) - Brooklyn, NY
Senior Accountant at The Farm Project (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9aa5b0cbc4&e=2715c96b29) - Los Angeles, CA
Lead IOS Mobile Engineer at The Farm Project (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=753345dba7&e=2715c96b29) - Los Angeles, CA
Executive Assistant at DIRTY LEMON (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f657c86d80&e=2715c96b29) - New York, NY
Social Media Manager at DIRTY LEMON (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=49dd5f648a&e=2715c96b29) - New York, NY
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=41f7ed30e7&e=2715c96b29)
cannabis
CPG
What Corona Owner's $4B Bet on a Marijuana Firm Says About Pot's Future (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1c2cfe2af5&e=2715c96b29) - New York Times
Constellation's investment in Canopy shows just how far traditional alcoholic beverage companies are willing to go to find growth.
Tyson Isn't Chicken (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fcf0f9eef3&e=2715c96b29) - Bloomberg
Virtually all of the company's revenue comes from animal slaughter and processing. Now its new CEO is pouring money into animal-free alternatives.
A Dozen Cousins Launches with Backing of General Mills Vets (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b409382c3a&e=2715c96b29) - Project Nosh
John Foraker and Gail Peterson are backing the line of ready-to-eat beans. Terms of the investment were not disclosed. Funding will allow the brand to launch and ascertain if the line has traction.
Meet the Woman Who Is Funding the Future of Food and Empowering Vegan Female Leaders Globally (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ec0c9c821f&e=2715c96b29) - One Green Planet
Liz Dee is the woman behind Baleine & Bjorn Capital, a firm that's committed to investing in plant-based and cultured products, and Vegan Ladyboss, a global collective that supports vegan women in advancing their careers and animal advocacy.
Top Food & Beverage Companies on the 2018 Inc. 5000 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9a22111cb2&e=2715c96b29) - Inc.
Home Chef, SnackNation and Real Plans top the list of Inc.'s fastest-growing private companies in America.
Projected 8.2% Growth of Mushroom Market Through 2024 Attributed to Interest in Food As Medicine (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=840e142b40&e=2715c96b29) - Food Navigator
The global mushroom market is projected to grow 8.2% from $34.1 billion in 2015 to $69.3b by the end of 2024. Brands across categories are scrambling to incorporate the ingredient into their products in order to make related health claims.
Monsanto Fallout: How Cheerios and Quaker Oats Responded to Glyphosate in Cereal Reports (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5cbca0f170&e=2715c96b29) - Fast Company
In the wake of Monsanto's jury verdict regarding its cancer-causing herbicide Roundup, the EWG released test results showing that glyphosate was present in several big cereal brands. Neither General Mills or Quaker took accountability for the claims.
full harvest
RETAIL
Fighting Food Waste, Full Harvest Raises $8M to Bring Excess Produce to Commercial Buyers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=da4ee02e31&e=2715c96b29) - TechCrunch
The startup closed an $8.5m series A round led by Spark Capital, with Cultivian Sandbox Ventures joining the round.
Sweden: Karma Raises $12M for App Which Combats Food Waste (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c28d0e31a9&e=2715c96b29) - The Spoon
The round is led by Swedish investment firm Kinnebick, with participation from Bessemer Venture Partners, Electrolux and others. Newly raised funds will be used to add over 65 positions and extend the company's reach to new stores.
Kroger to Sell Groceries on Alibaba Site in China (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e97290931f&e=2715c96b29) - Wall Street Journal
Kroger will open an online storefront on Alibaba's Tmall Global site with an initial product offering that includes dietary supplements and private-label products, much of it natural and organic goods.
Shelf Engine Uses Machine Learning to Stop Food Waste from Eating into Store Margins (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e1b3de762a&e=2715c96b29) - TechCrunch
Currently participating in Y Combinator, the startup has already raised $800k in seed funding from Initialized Capital. Its CEO claims the startup's customers are able to increase gross margins by 25% and reduce food waste to 16%.
Starbucks Debuts Its First Plant-Based Protein Coffee (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3bdba914f4&e=2715c96b29) - CNBC
The chain is introducing Protein Blended Cold Brew in almond and cacao flavors, made from pea and brown-rice protein.
organic
RESTAURANTS
When the Menu Says 'Organic,' but Not All the Food Is (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ad9c3f8a37&e=2715c96b29) - New York Times
The term doesn't mean much in restaurants, which are not required to undergo the same rigorous certifying process as farms and food companies.
Y Combinator Invests in a Build-Your-Own Mac and Cheese Restaurant (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4fb52068d8&e=2715c96b29) - TechCrunch
Y Combinator has invested $120k in Mac'd, a build-your-own mac and cheese restaurant with integrated technology. It plans to expand with ghost kitchens in the next 12 months, as it aims to be in about five to seven cities.
Have We Reached a Fork in the Road from Food Criticism (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f1ff8fa7c5&e=2715c96b29) - The Washington Post
As California newspapers fill openings, some argue for people of color, more attention to immigrant cuisines – and perhaps a new definition of the job.
Hong Kong-Based Co-Working Kitchen and Cafe Brings New Model to SF (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4353124a94&e=2715c96b29) - Eater
BiteUnite is a combination cafe, commercial kitchen and online platform for chefs to book space and publicize their offerings.
big ag
AGRICULTURE
Farmers Business Network Dives Into Seed (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9d8529d8da&e=2715c96b29) - AgPro
Farmers Business Network is launching its own brand of seed and model for seed development and direct-to-farm distribution called F2F Genetics Network.
AgTech Investment and the Future of Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ed9fb1a76c&e=2715c96b29) - All About Alpha
Finistere Ventures and Pitchbook teamed up to create the 2018 Early-stage Agtech, a look into global angel and seed stage agtech investment. Seed-stage investing hit a record high in 2017, $89.5m across 86 deals.
Firms That Bossed Agriculture for a Century Face New Threat: Farmers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ef1db70071&e=2715c96b29) - Wall Street Journal
Running expanded, consolidated farms, big farm operators are pushing grain giants for better prices or striking their own deals to directly supply manufacturers, cutting out the middleman.
BlueNalu Raises $4.5M As It Aims to Create Seafood from Fish Cells (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d0eaa3efb7&e=2715c96b29) - FoodBev
New Crop Capita lead the round and was joined by a coalition of 25 venture organizations and individuals. Funding will allow the company to aggressively develop its technology platform and commercialization strategy.
Why Ravaging Heatwaves Matter to World's Dinner Table (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=51a6952ba1&e=2715c96b29) - Bloomberg
There is no more widely grown staple crop than wheat and more than 170m metric tons trade every year. So when the weather ruins harvests in one spot, it can shock markets and economies that are thousands of miles away.
What's Behind the Government's Unprecedented Move to Buy $50M in Milk (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3a59ee660b&e=2715c96b29) - ABC News
The USDA is buying 13m gallons of milk from dairy farmers and planning to send it to local food banks. Hundreds of dairy farms have closed, citing economic pressure and government regulations, over the last 15 to 20 years.
Where's the Beef? Wyoming Ranchers Bet on Blockchain to Track It (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2148364ca1&e=2715c96b29) - NPR
By tagging cattle and updating their data about their free-range, grass-fed quality of life using blockchain, some ranchers are hoping to solve paper tracking pitfalls and sell their beef for more.
People Are Being Fooled into Thinking Clean Meat Is Just Around the Corner (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=22c0fbfbf2&e=2715c96b29) - Food Navigator
Cellular agriculture technology is not progressing as quickly as we've been led to believe. Most cultured meat startups are not paying enough attention to automation and data science, which effect the speed of research and price of manufacturing.
Canada to Phase Out Crop Chemicals Linked to Bee Deaths (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b2ff408c63&e=2715c96b29) - Reuters
The Canadian government announced it would phase out, over three to five years, the outdoor use of two types of crop chemicals that have been linked to deaths of aquatic insects and bees.
pinto
EATERS
This App Makes You a Personalized Nutrition Label for Any Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f266a73f6d&e=2715c96b29) - Fast Company
If you have special dietary needs (or are just on a specific diet), a new app called Pinto takes any nutrition label and pulls out the parts you care about.
The Man Who Fought Monsanto Will Leave a Lasting Legacy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b240e72e2d&e=2715c96b29) - Civil Eats
When Dewayne "Lee" Johnson was awarded $289m for damages related to non-Hodgkin's lymphoma, he didn't just triumph over Monsanto. He also may have created a path forward for thousands of similar plaintiffs.
Are Eaters the Key to Better Restaurant Wages and Working Conditions? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5ec1cc3714&e=2715c96b29) - Civil Eats
From paying healthcare surcharges on bills to advocating for higher minimum wages, diners may tip the scales in favor of sustainable restaurant labor.
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