Latest food tech and innovation news, jobs and events.
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Hu Kitchen
FEATURED
Hu Kitchen CEO Rita Hudetz on Loving Your Ugly Numbers [VIDEO] (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=23f7c18cd6&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=8188df15b0&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.
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=cdbab288af&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=e9d71cca66&e=2715c96b29)
Our round-up of last week's top food innovation news.
2017 US Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=509bb53013&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
Quality Assurance Manager at The Farm Bridge (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1956803a5d&e=2715c96b29) - Kingston, NY
Accounting Manager/Controller at Profeta Farms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7be565e042&e=2715c96b29) - Readington Township, NJ
Product Specialist, Customer Success at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c069612799&e=2715c96b29) - Bay Area, CA
Contract Manufacturing Manager at Splendid Spoon (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=88ac4c964c&e=2715c96b29) - Brooklyn, NY
Biological Scientist at ProteoSense (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=06f5ada8ea&e=2715c96b29) - Columbus, OH
Software Engineer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=892a2051b1&e=2715c96b29) - Bay Area, CA
Front-End Developer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2fd7bcf3be&e=2715c96b29) - Bay Area, CA
Android Software Engineer at Tend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fc3ef2e9d7&e=2715c96b29) - Bay Area, CA
Food Loves Tech Event Manager at Edible Holdings (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e227bd6292&e=2715c96b29) - Brooklyn, NY
Contract Manufacturing Manager at Hungryroot (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c6e0175acc&e=2715c96b29) - New York, NY
Operations Manager at Main Street Wholesale Meats (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9c38643287&e=2715c96b29) - Farmingdale, NY
Senior Accountant at The Farm Project (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1e92d2ce23&e=2715c96b29) - Los Angeles, CA
Lead IOS Mobile Engineer at The Farm Project (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7502d52686&e=2715c96b29) - Los Angeles, CA
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CPG
PepsiCo to Buy SodaStream for $3.2B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5d3ec3fc67&e=2715c96b29) - Bloomberg
PepsiCo plans to extend the company synonymous with sugary sodas into the homes of more health-conscious consumers. The deal is likely CEO Indra Nooyi's last transaction.
PepsiCo Is Creating a New Unit to Develop Smaller Brands (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f37334e6e8&e=2715c96b29) - Fortune
The Hive will foster smaller brands that already exist within the company like Maker Oats and Stubborn Soda, as well as create new ones that play on emerging trends.
Tosi Closes Investment to Grow Retail Presence (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b08992760d&e=2715c96b29) - Project Nosh
The California-based bar company raised an undisclosed sum led by Cambridge Special Projects Group to fuel its growth.
These Baby Foods Contain Too Many Heavy Metals, According to Product Testers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a7b65764e1&e=2715c96b29) - Fortune
Two-thirds of baby foods tested had worrisome levels of a heavy metal such as lead or mercury. Foods containing rice were likelier to contain high levels of arsenic.
This Company Hired Anyone Who Applied. Now It's Starting a Movement (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9cddb9f813&e=2715c96b29) - Fast Company
Greyston Bakery uses a practice of open hiring: filling positions on a first-come, first-served basis, no questions asked. Now it wants to teach other companies how to do the same.
Vitamin D, the Sunshine Supplement, Has Shadowy Money Behind It (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f98182fc74&e=2715c96b29) - New York Times
The doctor most responsible for creating a billion-dollar juggernaut has received hundreds of thousands of dollars from the vitamin D industry.
the sill
RETAIL
Millennials Are Obsessed with Raising Plants, and One New York-Based Startup Is Poised to Capitalize (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3f8789851d&e=2715c96b29) - Business Insider
The Sill, a direct-to-consumer plant seller, just closed a $5m round of funding led by Raine Ventures. It is now looking to expand its reach into outdoor plants and target new customers.
Amid the Amazon Chatter, Walmart Proves It's Grocery-War Winner (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cd8e4f77cc&e=2715c96b29) - Bloomberg
Walmart posted its best quarterly sales growth in the grocery category in nine years, fueled by an improved selection of low-priced produce, meat and bakery items. The report provided a reminder that it remains the undisputed goliath of the grocery aisle.
India: Walmart Completes Its $16B Acquisition of Flipkart (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dcbb43125c&e=2715c96b29) - TechCrunch
The deal sees Walmart take a 77% share in the company, buying out a number of prior investors in the process and expanding its rivalry with Amazon to a new horizon.
Walmart Patent Filings Hint at VR Shopping Experience (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3aae1005b9&e=2715c96b29) - Retail Dive
Two patent filings suggest the potential for a system that could use virtual reality to let customers shop a Walmart storefront from home.
Groceries Improve Seafood Sustainability, but Are Still on the Hook for Plastic Reduction (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ece05d6504&e=2715c96b29) - Food Dive
US grocers haven't taken enough action on single-use plastics or on making sure workers' rights are protected in the seafood industry.
Knowing Your Audience Is Key to Grocers' Success (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8efa13fc18&e=2715c96b29) - Food Dive
Sylvain Perrier, CEO of Mercatus Technologies, outlines what retailers need to consider before deciding whether to implement them.
Can Unmanned Convenience Stores Take-Off in Indonesia? JD.com Thinks So (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=23f362ff0b&e=2715c96b29) - Food Navigator
The JD.ID X-Mart features RFID and face detection technology. The retailer now operates over 20 unmanned stores across China.
How Rite Aid And GoPuff Can Disrupt The Convenience Store Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e653b6a5d&e=2715c96b29) - Forbes
The convenience store industry generates billions in sales of food and gasoline annually. GoPuff aims to disrupt the convenience store industry by redefining the meaning of convenience.
cava
RESTAURANTS
Food Delivery Startup DoorDash Nearly Triples Its Value in About 5 Months to $4B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2d02a61f47&e=2715c96b29) - CNBC
The company raised $250m led by Coatue Management and DST Global, valuing it at $4b. IT plans to use the funds to expand to every city in the US and Canada, as well as to grow the number of restaurants on its platform.
Here's Why You Need to Pay Attention to Cava's $300M Acquisition of Zoes Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5102029814&e=2715c96b29) - CNBC
The $300m acquisition is led by Act III Holdings, headed by Ron Shaich, the founder and former CEO of Panera Bread. With this deal, Cava is poised to become the dominant player in Mediterranean cuisine.
Ontario Coffee Chain Second Cup May Pivot to Pot, as Marijuana Goes Legal in Canada (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4db117a3bb&e=2715c96b29) - Fortune
The Canadian coffee chain said it's considering converting some of its 130 locations from caffeinated beverages to retail marijuana outlets.
State Investigates Sexual Harassment at the Spotted Pig (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=30ff7864a4&e=2715c96b29) - New York Times
New York's attorney general has issued a subpoena seeking information about Ken Friedman, Mario Batali and civil rights violations at the restaurant.
Opportunity in War-Torn Libya: The Food Delivery App Empowering Women (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c11a83ff91&e=2715c96b29) - CNN
The food delivery app Yummy delivers homemade meals cooked by women in their own kitchens. It is one product of a nationwide movement to encourage entrepreneurial development and help diversify the Libyan economy away from oil.
Food Halls Are the New Food Truck (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1bd0b719bc&e=2715c96b29) - Eater
How your favorite burger spot, ramen counter and taco stand all end up in the same sprawling space.
The Inside Story of How McDonald's Innovated the Quarter Pounder (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=81598eff74&e=2715c96b29) - Fast Company
In a change that has been as seismic for McDonald's as the drive-through window in 1975, McDonald's has reintroduced its signature burger with fresh—never frozen—beef. And that's just the start.
agriwebb
AGRICULTURE
Australia: AgriWebb Raises A$14M Series A, Acquires FarmWizard from Wheatsheaf Group for Livestock Tech (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5d0adfb405&e=2715c96b29) - AgFunder
The livestock herd management software startup raised $10.2m from UK agrifood investor Wheatsheaf Group. The deal includes the acquisition of FarmWizard, which offers tools focused on individual animal data.
Healthy Soil is Ground Zero for Environmental Justice in Farm Communities (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a3cc091022&e=2715c96b29) - Civil Eats
Protecting the health and diversity of soil microbes in California's Central Valley is also the first step to protecting the health and diversity of the region's inhabitants.
Strawberry Jam: Urban-Farming Startups Tackle a Problem Crop (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2b3dd4564e&e=2715c96b29) - Wall Street Journal
If shipping-container farms are going to feed the world, their backers will have to find an economical way to grow the popular fruit indoors.
Will Trade Tariffs Cause The American Fish Industry To Flop? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a14083dc64&e=2715c96b29) - Forbes
An estimated $900m worth of American-caught or -farmed seafood may get a lot more expensive thanks to the US's current trade war with China. Much of the seafood is sent to China for processing, then imported back to sell to American consumers.
Can Aquaculture Survive Without Forage Fish? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9238c7827a&e=2715c96b29) - Civil Eats
Humans eat huge amounts of farmed fish. Farmed fish eat huge amounts of smaller fish. A new study explores this unsustainable cycle, and offers a path forward.
One Pound of Cheese Makes Nine Pounds of Whey. Where Does It ll Go? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8c562eeadf&e=2715c96b29) - New Food Economy
Pound for pound, dairies produce more whey than they do anything else. That means an intractable problem for the industry—and a potential opportunity for entrepreneurs.
Scientists Finally Crack Wheat's Absurdly Complex Genome (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=829ee58ec0&e=2715c96b29) - The Atlantic
Their efforts will make it much easier to breed new varieties of the world's most important crop.
US, Mexico Bridge Differences on Nafta Farm Goods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a5083cfb13&e=2715c96b29) - Bloomberg
The US and Mexico are resolving their differences on agricultural products covered under Nafta after the Trump administration withdrew some of its sweeping demands, bringing the nations closer to an overall deal.
In China, Salmon Is Salmon, Even If It's Trout (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4bc3a482b5&e=2715c96b29) - CNBC
Chinese regulators said this week that rainbow trout can be sold as salmon. To justify the change in definition, officials cited both fish belong to the same family.
sugar
EATERS
A Rare Genetic Aversion to Sweets Could Be Key to Fighting Obesity (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=94ec9c7136&e=2715c96b29) - Bloomberg
An anomaly in the way some people process fructose could help find new drugs for diseases linked to weight.
How Will Gen Z's Educated Consumers Impact Food and Grocery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ed77d02d77&e=2715c96b29) - Food Dive
Gen Z is considered the most educated group of teens on the topics of health and wellness, but they are not letting related concerns impact their food and beverage choices yet.
The Future of Flavor (Part I) (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5ae5ce82be&e=2715c96b29) - The Spoon
Chiara Cecchini explores how flavor may be understood, perceived, and valued in the future, based on insights gained from speaking with industry experts. Part I focuses on the food system.
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