Monday, February 4, 2019

Siete Foods Raises $90M, Dig Inn's New Delivery Model + More

Latest food tech and innovation news, jobs and events.
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food tech connect
Replant Capital

FEATURED

We've interviewed 45+ CEOs, execs, farmers and investors about the role of biodiversity in the food industry. Read our interviews (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e42b19eec&e=2715c96b29) with Starbucks, Rebbl, Food Tank, Impossible Foods and more.

rePlant Capital on Investing From Soil to Shelf (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=81861c1453&e=2715c96b29)
Vice president Robyn O'Brien talks to us about how the new impact investment firm works with farmers and companies tackling some of the greatest challenges created by climate change.

Slow Food's Database Catalogues Thousands of Endangered Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=508e1564bd&e=2715c96b29)
Slow Food USA Executive Director Richard McCarthy talks to us The Ark of Taste database, which catalogues 3,500 endangered foods, and relocalizing our food.

Why Yolélé Foods Is Bringing West African Ancient Grain Fonio to the US (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cc89328dca&e=2715c96b29)
Yolélé Foods CEO Philp Teverow talks to us about how the company is creating market demand and processing infrastructure for fonio.

How Applegate Is Developing Its Regenerative Agriculture Platform (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=08f1856c98&e=2715c96b29)
Applegate's shares how the meat company is launching its regenerative agriculture platform featuring products will come from animals raised on pasture.

How Burlap & Barrel Is Rethinking the Spice Supply Chain (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3b621f8273&e=2715c96b29)
Burlap & Barrel co-founder Ethan Frisch talks to us about how the spice company is developing a horizontally scaleable supply chain.

How KAIBAE Is Improving Microbiomes with 'Lost Crops' Like Baobab & Cacay (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=aff1d1dd32&e=2715c96b29)
KAIBAE co-founders talk to us about how biodiversity is tied to our microbiome and establishing supply chains for "Lost Crops."

Big Brands Pilot Zero Waste E-Commerce Platform, Blue Apron's New Retail Line + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8a78c084e3&e=2715c96b29)
Our round up of this week's top news.

EVENT

food biodiversity

Just 12 plants and 5 animals make up 75% of the world's food supply. There are over 30,000 edible plants, and we only eat 150 of them.This kind of consolidation puts our food supply at risk and leaves a lot of opportunity - new flavors and food experiences - on the table.
Join us to hear how game-changing startups are creating a more biodiverse food system at our February Food+Tech Meetup. CEOs and COOs from Row 7 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bf9d7616c8&e=2715c96b29) , Kuli Kuli (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bc7ace24b4&e=2715c96b29) , Tender Greens (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5f394b2986&e=2715c96b29) and The Future Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=43f9196027&e=2715c96b29) will do a deep dive into their business models and supply chains.

Get Your Tickets! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2126cf2df8&e=2715c96b29)

siete foods

CPG

Why Grain-Free Tortilla Maker Siete Family Foods Just Raised $90M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=79a733bc56&e=2715c96b29) - Forbes
Stripe Groups' investment will expand Siete's sales team, which currently consists of just three employees, in order to launch in more conventional supermarket chains. The company will also use funds to hire an R&D team.

Now AI Might Decide How Your Food Tastes (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e02eb96e7b&e=2715c96b29) - CNBC
McCormick is working with IBM on an initiative that will analyze its data on taste that has been collected for more than 40 years. The companies are developing a platform called "ONCE" that will help create new flavor combinations using AI.

Canada: Blockchain Beer Introduced by Canadian Collaboration (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cd2ac90588&e=2715c96b29) - Medium
Hamill Farms, Canadian Malting Co, Red Shed Malting and Last Best Brewing & Distilling have teamed up with TE-FOOD to create "Bock Chain" , a beer that uses blockchain to trace the beer grain ingredients from field to can.

Inside the GMO Law: What Needs to Be Labeled and Why It Matters (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=53b6c54322&e=2715c96b29) - Food Dive
Highly refined ingredients and the "BE" acronym are out, according to regulations issued in December. The food industry and consumer groups are split on how effective the new measure will be.

The Noodle Brand That Will Not Die (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5a65743c9b&e=2715c96b29) - Eater
In India, customer loyalty to Maggi seems to endure, despite a food safety scare.

whole foods amazon

RETAIL

Assessing Amazon: Is the E-Tailer Aiming for Grocery Dominance? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e4bbf2988&e=2715c96b29) - Grocery Dive
Industry experts weigh in on its plans to open more Whole Foods locations and what else might be in store this year.

Check it Out, Skip's Cashierless Tech Targets Convenience Stores (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=50be178c1c&e=2715c96b29) - The Spoon
Skip is another entrant in the increasingly crowded field of startups looking to retrofit existing retail outlets with cashierless checkout systems. Its approach is less tech intensive, which could be what gives it an edge in the market.

Reeling from Algorithm Glitch, Instacart Institutes $3 Minimum Fee for Drivers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d2f8fe23d6&e=2715c96b29) - Fast Company
A well-publicized case of a driver paid just 80 cents for an hour's work has prompted Instacart to introduce a new minimum wage.

Hy-Vee Tests Grocery Shopping App to Reduce Food Waste (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=31aa37aaac&e=2715c96b29) - Supermarket News
The retailer is piloting an app developed by Canadian company Flashfood, which enables customers to purchase food items nearing their "best before" date at reduced prices.

This Zero-Waste Grocery Service Delivers by Bike (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4f4ed717cd&e=2715c96b29) - Fast Company
At the Wally Shop in Brooklyn, your deliveries come with zero emissions, and all your packaging gets sent back for reuse.

China: Starbucks Rival Luckin Coffee Considers US IPO (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=21331e510d&e=2715c96b29) - Skift Table
The ambitious Chinese startup rolling out thousands of stores to take on Starbucks is beginning preparations for a US IPO that could raise around $300m.

dig inn

RESTAURANTS
Dig Inn's New Delivery Model Keeps the Food Cooking on the Way to Your Door (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=59016aad37&e=2715c96b29) - The Spoon
The fast casual chain has launched Room Service, a delivery-only virtual kitchen that launched to friends and family. It will be testing new menu concepts and cooking techniques that improves food during transportation.

Munchery: How a Venture-Backed Startup Swindled a Group of Women and Minority Owned Companies Out of Over $50K and Is Getting Away with It (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b840065c35&e=2715c96b29) - Medium
Lenore Estrada, co-founder of Three Babes Bakeshop, shares her story as a company that lost over $20k to Munchery's silent shutdown. Several other minority-owned businesses lack the resources needed to fight back.

DoorDash Partners with Food Stamp Startup mRelief (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5bee9cb39e&e=2715c96b29) - TechCrunch
DoorDash and mRelief are teaming up to offer DoorDash credit to those eligible for food stamps in San Francisco. Because of the government shutdown, low-wage workers are likely now eligible for food stamps.

Grubhub Still the Big Cheese in Online Food Delivery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8c76bd8cb9&e=2715c96b29) - Wall Street Journal
Grubhub benefited from early entry into the online takeout market - now an estimated $18b industry - and continues to be the market leader with roughly 34% share in the US.

What Are the Rules for Robots Delivering Food? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1f35271c2d&e=2715c96b29) - Forbes
It turns out those guidelines, mostly involving safety and customer service, are largely unwritten. But that hasn't stopped the experts from thinking about them.

India: Swiggy Acqui-Hires Two-Member AI Startup Kint.io (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fbbd9ee48b&e=2715c96b29) - VCCircle
The founders will come on board to boost computer vision technology and consumer experience.

Papa John's Accepts $200M Investment from Activist Hedge Fund (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cc16b5a7ae&e=2715c96b29) - Skift Table
The struggling pizza chain did not fancy offers from third parties willing to purchase it outright, but for $200m, it's willing to make Starboard's CEO the chairman of the company.

bioproducts

AGRICULTURE

Do These Tiny Organisms Hold the Key to Lab-Grown Food? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b287086689&e=2715c96b29) - Bloomberg
Chicago-based Sustainable Bioproducts has raised $33m to accelerate its research into microbes in Yellowstone National Park. 1955 Capital led the round with participation from Breakthrough Energy Ventures.

Mushroom Tech Company Lands $30M for Vegan Protein (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ac4481fa65&e=2715c96b29) - Live Kindly
MycoTechnology's investment was led by S2G Ventures Fund II, with participation from Tyson Ventures, Kellogg's and others. The company plans to further develop its second product, PureTaste, a plant-based protein made from fermented shiitake mycelium.

Woman-Led Midwest Angel Investment Firm iiM Invests $2.4M in 6 AgriFood Tech Startups (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8f1750b26a&e=2715c96b29) - AgFunder
Angel investment first iiM has invested $2.37m in early stage agrifood tech startup companies covering everything from bio-based plastic alternative to oral vaccines for livestock and companion animals.

Canada: Fish Help Fuel Bumper Cannabis Crops for Canadian Producer (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=86b46c52d3&e=2715c96b29) - New York Times
The unlikely combination of freshwater fish and cannabis is producing outsized medical marijuana crops that Green Relief Inc aims to capitalize on, as the Canadian company plots a stock market listing and global expansion.

Academics Across the Country Say Agribusiness Has Outsize Influence on Their Research (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6d2e9d8969&e=2715c96b29) - New Food Economy
As public funding for university research has dried up, private industry money has poured in. And with industry money comes industry priorities.

How Will the (Maybe Temporary) Reopening of the USDA and FDA Look? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=24f08a0f4e&e=2715c96b29) - Modern Farmer
One of the biggest problems with suspending the USDA has been suspending the collection of data and the issuing of reports. There will also be a backlog of inspections for both USDA and FDA to deal with.

A Handful of Companies Control American Agriculture. Cory Booker Wants to Change That (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b05da31680&e=2715c96b29) - New Food Economy
The New Jersey Senator has introduced a bill to halt the mergers and acquisitions that have hamstrung small-scale producers for decades.

How an Oregon Rancher Is Building Soil Health—and a Robust Regional Food System (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=64eb139580&e=2715c96b29) - Civil Eats
Fourth-generation rancher Cory Carman holistically manages 5,000-acres which serve as a model for sustainable meat operations in the Pacific Northwest.

CRISPR for Coeliacs? Gene-Editing Tech Makes 'Wheat with Safe Gluten' (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9253d53c12&e=2715c96b29) - Food Navigator
Gene-editing technology can be used to remove epitopes - the molecules responsible for inducing coeliac disease - from wheat.

global health

EATERS

Investors Join Calls for a Food Revolution to Fight Climate Change (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8bb03ef155&e=2715c96b29) - Civil Eats
A series of new reports shows how climate change is intertwined with the world's worsening health, and suggests changes in the global food production system.

Eating Breakfast Is Not a Good Weight Loss Strategy, Scientists Confirm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=507abff7dc&e=2715c96b29) - Vox
Cereal companies created a myth about the first meal of the day. Researchers keep debunking it.

Doctors Surprised By Scope of Adult-Onset Food Allergies (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e29e02bdbe&e=2715c96b29) - Wall Street Journal
New research shows nearly 11% of U.S. adults have food allergies, more than many expected, with shellfish most common among adult-onset ones.

Beyoncé and JAY-Z Want to Give You Free Concert Tickets for Life for Taking a More Plant-Based Approach to Eating (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5c3c03be40&e=2715c96b29) - TIME
"The Greenprint Project Sweepstakes" is a contest that gives fans a chance to win up to 30 years of concert tickets if they start incorporating plant-based meals into their diet.
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=016549db48&e=2715c96b29

LATEST JOB LISTINGS
Food Insecurity Curriculum Editor at Ample Table for Everyone (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=31225aea28&e=2715c96b29) - New York, NY

Associate Brand Manager at King Arthur Flour (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9058f7a1d5&e=2715c96b29) - White River Junction, VT

Commercialized Banking Research and Development at ALS Concepts (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7e52359c3c&e=2715c96b29) - New York, NY

Food Operations Manager at Kitchentown (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cb32e56b9f&e=2715c96b29) - San Mateo, CA

Google Food Program Innovation Project Manager at Google (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e97ed7703f&e=2715c96b29) - Bay Area, CA

Food Service Sales Executive at MySuperFoods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=180b24c865&e=2715c96b29) - Summit, NJ

Retail Sales Executive at MySuperFoods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=15c560b535&e=2715c96b29) - Summit, NJ

Food Science Intern at Spero Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cee8e9ecec&e=2715c96b29) - Los Angeles, CA; San Jose, CA

Shift Leader / Supervisor at Ox Verte (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4dcc93c617&e=2715c96b29) - New York, NY

Operations Manager - Manufacturing at Banza (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5591adaec9&e=2715c96b29) - Riverside, CA
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