Thursday, August 30, 2018

Nestle Personalizes Nutrition With DNA, Campbell's Abandons Fresh + More

Latest food tech and innovation news, jobs and events.
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nestle

FEATURED
Nestle Personalizes Nutrition With DNA, Campbell's Abandons Fresh + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2718b019b0&e=2715c96b29)
Our round-up of this week's top food innovation news.

Hard Times Can Be A Gift, Danielle Gould, Food+Tech Connect (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e47a7263f6&e=2715c96b29) - Gotham Gal
Our founder talks with angel investor Joanne Wilson about the gift of living with chronic illness, as well as the challenges facing the food industry now and going forward.

PetPlate on Scaling Smarter [VIDEO] (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bb6bbd40c4&e=2715c96b29)
PetPlate CEO Renaldo Webb shares his story of failure and lessons learned in scaling his pet food startup.

Hu Kitchen CEO Rita Hudetz on Loving Your Ugly Numbers [VIDEO] (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=082e324900&e=2715c96b29)
Hu Kitchen CEO Rita Hudetz shares her failures and lessons learned as she grows Hu Products.

Join the Alpha Food Labs Community (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c763f3ebe6&e=2715c96b29)
We're rethinking the way food is made, starting with community. The Alpha Community. Join us to help develop, test, and get early access to food designed for your tastes and values.
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LATEST JOB LISTINGS

Program & Communications Manager at Food System 6 Accelerator (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b938075cfe&e=2715c96b29) - Bay Area, CA

Digital Marketing Manager at BLT Restaurants / ESquared Hospitality (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8eb3cfe924&e=2715c96b29) - New York, NY

Controller at Bearded Brothers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e815a16b18&e=2715c96b29) - Austin, TX

Operations Planner and Controls Specialist at Needed (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1c425cdb46&e=2715c96b29) - Los Angeles, CA

Zone 7 Warehouse Manager at Kitchen Table Consultants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a7579087f8&e=2715c96b29) - Ringoes, NJ

Head of Water Science at mitte (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8216ea938a&e=2715c96b29) - Berlin, Alemania

Quality Assurance Manager at The Farm Bridge (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b95b48d7b6&e=2715c96b29) - Kingston, NY

Accounting Manager/Controller at Profeta Farms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c676a614d7&e=2715c96b29) - Readington Township, NJ

Product Specialist, Customer Success at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d5e61d28e2&e=2715c96b29) - Bay Area, CA

Contract Manufacturing Manager at Splendid Spoon (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=77dcdf2ef7&e=2715c96b29) - Brooklyn, NY

Biological Scientist at ProteoSense (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=88d05a19c1&e=2715c96b29) - Columbus, OH

Software Engineer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=494fa11d57&e=2715c96b29) - Bay Area, CA

Front-End Developer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fb2d6699cc&e=2715c96b29) - Bay Area, CA

Android Software Engineer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=264f1ad9f3&e=2715c96b29) - Bay Area, CA
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e07a3aceeb&e=2715c96b29)

nestle

CPG

Nestle Wants Your DNA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=eb0a1d3b4f&e=2715c96b29) - Bloomberg
The "Nestle Wellness Ambassador" program blends AI, DNA testing and the modern obsession with Instagramming food. It is currently being piloted in Japan, where users get personalized capsules and a home kit to provide blood samples.

Campbell Soup Plans to Sell International and Fresh Food Businesses, Remains 'Open' to Sale (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=887475ece5&e=2715c96b29) - CNBC
The company is selling its fresh food business, including Bolthouse Farms, as well as its Arnott's and Kelsen brands overseas. The sales will help it pay down the debt left behind from its $6.1b acquisition of Snyder's Lance earlier this year.

Water Startup Mitte Lands $10.6M From Danone Manifesto Ventures (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=48d21f7861&e=2715c96b29) - BevNET
The Berlin-based startup is preparing to launch its first product next year: a tabletop system that infuses water with different levels of minerals through the use of custom cartridges. It is set to roll out in three US cities starting sometime next year.

CAVU Invests $8M in Kettle and Fire (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6f403e9cee&e=2715c96b29) - Project Nosh
As part of the deal, CAVU co-founder and managing partner Clayton Christopher will join the bone broth startup's board.

Liquid I.V. Secures $5M Series B Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b1ca6dc431&e=2715c96b29) - BevNET
Funding was led by CircleUp Growth Partners. It will go towards supporting product R&D and to pursue a balanced approach to expanding distribution.

Coolhaus Grows with Sunrise Funding and Plant-Based Innovation (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0fbf699648&e=2715c96b29) - Project Nosh
Investment firm Sunrise Strategic Partners announced an investment in boutique ice cream producer Coolhaus. Exact terms of the deal were not disclosed.

Soylent to Open Innovation Lab for Food Tech Startups (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b572a0d024&e=2715c96b29) - Biz Journals
The Soylent Innovation Lab will offer select companies free space in its 30k-square-foot offices in Downtown Los Angeles. The move follows hiring of three new executives at Soylent maker Rosa Foods.

Nestlé, Starbucks Complete $7B Licensing Deal (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6a5d0ee42c&e=2715c96b29) - The Shelby Report
The companies have closed the deal granting Nestle the perpetual rights to market Starbucks cpg and foodservice products globally, outside of the company's coffee shops.

Dull Skin? Restless Sleep? There's a Drink for That (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9dd48180d5&e=2715c96b29) - Wall Street Journal
Money is pouring into developing beverages that claim to do much more than quench thirst. Big companies and startups alike are placing bets on "enhanced" drinks that promise everything from better sleep to a more youthful complexion.

Chicken Chips? Boulder Startup Raises $1.3M to Swap Potatoes with Poultry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=899c90cda7&e=2715c96b29) - BusinessDen
Wilde Brands' funding was led by an undisclosed investor. The startup has been working on developing the chicken chips since 2016.

How Angie's Boomchickapop Became a $250M Brand (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6d2dcef803&e=2715c96b29) - Taste Radio
Angie's Boomchickapop co-founder Angie Bastian on how function, femininity & fun helped build a $250M brand.

'It's the Fizz': How Seltzer Is Upending Coffee and Beer (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e2893e5a1f&e=2715c96b29) - Wall Street Journal
Sparkling water sales are soaring in the US as consumers ditch soda for healthier, more natural beverages. With that explosion has come a wave of variants: caffeinated and alcoholic versions, sparkling coconut water and coffee, even seltzer laced with cannabis.

autox

RETAIL

Self-Driving Snacks? Grocery Delivery Becomes a Test of Autonomous-Vehicle Technology (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3db8cbbda5&e=2715c96b29) - MIT Technology Review
A partnership between the startups AutoX and GrubMarket will transport produce and snacks to your doorstep via autonomous vehicle—if you live in California.

Kroger Plans Major Expansion with Instacart (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e6edc1a58&e=2715c96b29) - Supermarket News
The companies plan to bring Instacart same-day delivery to another 500 Kroger Co supermarkets by late October, growing its reach by 50%.

Bernie Sanders Called Out Jeff Bezos for Poor Treatment of Amazon Workers. In a Rare Move, the Company Fired Back (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9aad1b5c27&e=2715c96b29) - Vox
Amazon says Sanders's allegations of low wages and indecent work conditions are "inaccurate and misleading."

Retail Technology Provider Narvar Raises $30M in New Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cbdcdd4c8e&e=2715c96b29) - Wall Street Journal
Investment will back development of e-commerce software as retailers look to improve consumer online experience, including Costco. Funding was led by Accel.
India: AI, Analytics and a Bit of Common Sense Are Fueling BigBasket's Efficiency Drive (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=575840c97a&e=2715c96b29) - VCCircle
The country's best-funded online grocery startup maintains 10 days worth of inventory and wastes roughly 5% of perishables. These two elements alone bring down costs by 3%.

foodsby

RESTAURANTS

Another Food Delivery Startup, Foodsby, Rakes in Venture Capital Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cc8b058ca8&e=2715c96b29) - TechCrunch
The $13.5M Series B was led by Piper Jaffray Merchant Banking, with participation from Greycroft Partners, Corazon Capital and Rally Ventures. With the new capital, Foodsby plans to expand to 15 to 25 new markets.

As Campbell Soup Struggles, GrubHub Is Blowing It Away (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8fe1ca8c10&e=2715c96b29) - CNBC
GrubHub has surged 95% so far this year in its best performance since its 2015 public debut, pushing its market cap to nearly $13b and above Campbell Soup's $12b in value.

A Trucker Shortage Is Forcing Restaurants to Buy Local (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2c87e5cb51&e=2715c96b29) - Bloomberg
Local ingredients are trendy among upscale restaurants. Now, with surging shipping costs, sandwich and salad shops are following along.

As Fast Casual Chains Add Delivery, Are Third-Party Services the Way to Go? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=34faadda79&e=2715c96b29) - Forbes
Restaurant sales for takeout, delivery and catering were forecast at $209b for 2018, with delivery representing 22% of that total.

enterra

AGRICULTURE

Canada: Enterra Feed Eyes World's Largest Insect Farm in Wake of Series B Raise (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b6e4e02ddd&e=2715c96b29) - AgFunder
Enterra Feed Corp announced its latest round of funding and plans to construct three new insect factories in the Canada and the US. The Cibus Fund led the round. Terms of the deal were not disclosed.

AgTech IoT Startup TeleSense Raises $6.5M to Help Prevent Food Spoilage (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4d3415d563&e=2715c96b29) - The Spoon
The funding was led by Finistere Ventures, with participation from Congruent Ventures, Maersk Growth, Rabobank's Food & Agri Innovation Fund, Radicle Growth and Trailhead Capital.

Lab-Grown Meat and the Fight Over What It Can Be Called, Explained (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8b29eb7d39&e=2715c96b29) - Vox
Several products are getting closer to market. Missouri now says they can't be sold as "meat."

The Winners and Losers of Trump's Tariff Bailout (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dcc85bdbcb&e=2715c96b29) - Mother Jones
The biggest beneficiaries by far will be soybean and hog producers, who USDA officials projected would receive $3.6b and $290m, respectively, in cash payments.

Nigeria: (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=87783bc360&e=2715c96b29) This Startup Lets African Farmers Hire an On-Demand Tractor to Boost Their Harvests (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bcd1bac4e9&e=2715c96b29) - Fast Company
With a new partnership with John Deere, the Nigerian startup Hello Tractor is going to have 10k tractors available to make farming more efficient.

We Already Know Climate Change Will Make Our Crops Less Nutritious. Now We Know How That Will Impact Our Health (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6c2c9cec41&e=2715c96b29) - New Food Economy
A new study shows this nutrient decline will mean that, by 2050, an additional 175m people worldwide will be deficient in zinc, and 122m more won't be eating enough protein.

Porter Road Wants to Herd the Meat Industry in a New Direction (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=74965e12fe&e=2715c96b29) - TechCrunch
The Nashville-based startup Porter Road wants to decentralize the commodity meat industry by building its own processing facility. Earlier this year, it received $3.7m from Max Ventures, Slow Ventures, BoxGroup, Tribeca Venture Partners, Collaborative Fund and Great Oaks VC.

As Wildfires Rage, Smoke Chokes Out Farmworkers and Delays Some Crops (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3414119204&e=2715c96b29) - NPR
Smoke from wildfires is blanketing much of the West. That's ruining some crops and may be stunting others. And it's making it difficult or unsafe for laborers to pick the harvest.

Can Land Rights for Farmers Save Ghana's Cocoa Sector? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ac26281283&e=2715c96b29) - Reuters
Cocoa yields are declining across Ghana, the world's second-biggest producer after neighboring Ivory Coast, where about 800k family farmers supply cocoa beans to chocolate companies such as Hershey's and Nestle.

food waste

EATERS

Food Waste: Alarming Rise Will See 66 Tons Thrown Away Every Second (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4c3d81da59&e=2715c96b29) - The Guardian
A new study warns food loss is set to increase to 2.1b tons by 2030 unless urgent action is taken. The report suggests the creation of an ecolabel to encourage customers to buy from companies that have committed to reducing waste.


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