Latest food tech and innovation news, jobs and events.
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food tech connect
Kathleen Merrigan
FEATURED
Biodiversity Requirements Will Enhance Organic Standards, Says Kathleen Merrigan (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7368c2c555&e=2715c96b29)
The former USDA deputy secretary and COO argues that rather than creating new standards and labels, which often just confuse consumers, there are already built-in mechanisms to push organic standards to better support things like biodiversity and soil health.
Canopy Bets $3.4B on US Cannabis Legalization, Milk Sales Drop by $1.1B in 2018 + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9084d5b634&e=2715c96b29)
Our round-up of this week's top food innovation news.
SPONSORED
terra cohort
Calling all food and ag tech innovators who are ready to scale!
The TERRA program drives tangible results that will take your business to the next level through pilot-driven corporate collaborations and partnerships. The next cohort is targeting startups who are tackling food safety, supply chain tech, novel ingredients and precision ag and more. Apply by Sunday, May 12 11:59 pm PST.
Apply to TERRA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f8c4a54bc4&e=2715c96b29)
EVENT
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e7b097b647&e=2715c96b29
From plant-based proteins to lab-grown meat, startups are vying to upend the $90 billion meat industry. Plant-based proteins are expected to hit $5.2b by 2020, and cultured meat is poised to reach restaurants by the end of this year.
Join us and our partners at WeWork Food Labs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1189fbf305&e=2715c96b29) to hear how emerging startups are rethinking protein. Courtney Boyd Myer will share how AKUA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e78b6ba24a&e=2715c96b29) established its kelp supply chain, Gavin McIntyre will provide insight on how Ecovative (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dcfe40a7db&e=2715c96b29) 's mycelium scaffolding can be applied to cell-based food applications, and Brian Rudolph will discuss the development and strategy behind Banza (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=50812e39aa&e=2715c96b29) 's chickpea pasta and rice.
Join Us! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9e9cc7a169&e=2715c96b29)
skyr
CPG
Don't Cry, but Milk Sales Plummeted by $1.1B Last Year (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=64414202f7&e=2715c96b29) - Fast Company
While the organization partially blames low milk prices, industry insiders point to another culprit: increased consumer interest in plant-based substitutes.
In the Yogurt World, the Greeks Are Down and Vikings Are Up (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1ac5f90970&e=2715c96b29) - Bloomberg
Icelandic yogurt is high in protein, low in sugar and just right for the struggling American dairy industry. Recipes call for four pounds of milk — four times the amount needed to make traditional yogurt.
Plant-Based JUST Egg Rolls Out to Silver Diner, Bareburger Locations (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2a12364982&e=2715c96b29) - Food Navigator
The plant-based scrambled egg alternative is rolling out to Silver Diner locations in Maryland, Virginia and New Jersey, and all 34 Bareburger locations in the US.
Eco-Friendly 'Kelp Jerky' Is a Thing & We Tried It (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e19de87ab8&e=2715c96b29) - Mind Body Green
This week, AKUA, a line of "jerky" made from ocean kelp, will hit the market with dreams of becoming the next plant-based snack sensation. It later plans to offer kelp chips, kelp noodles and kelp sausages.
Come hear Co-Founder & CEO Courtney Boyd Myers speak at Rethinking Protein on Tuesday, April 30th in NYC! RSVP here (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=90736b24cd&e=2715c96b29) .
Chobani's Hamdi Ulukaya Wants an "Andi-CEO" Revolution (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=226b17b61c&e=2715c96b29) - Fast Company
The anti-CEO is about community, responsibility and accountability–not maximizing value for shareholders.
Almond Milk Startup Says Oat Milk Is Too Problematic to Add to Lineup For Now (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fee60d13c9&e=2715c96b29) - Bloomberg
New Barn Organics, an almond milk producer backed by Walter Robb, says it's not rushing into making beverages from oats until a cleaner supply is available.
Bottled Water Made by Whole Foods and Dr. Pepper Has Unsafe Amounts of Arsenic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=db389b39de&e=2715c96b29) - Fast Company
Eleven brands out of 130 had detectable amounts of arsenic in them, making them potentially hazardous to drink over the long run.
Inside the Hatchery: Chicago's Food Incubator Is Laying a Foundation for Industry Growth (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8f89098721&e=2715c96b29) - Food Dive
The new 67,000-sq-ft facility is open for business with ingenuity from entrepreneurs and several partnerships with big food companies including PepsiCo, Conagra Brands and Kellogg.
Shoppers Want More Premium Private Label Products (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cfa781eff2&e=2715c96b29) - Food Dive
More than half of consumers are loyal to a specific store due to its private label brands. Twenty percent of sales growth in private brands come from products that are branded premium, trendy or organic.
USDA Launches FoodData Central (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7724572fb2&e=2715c96b29) - Ingredients Network
USDA's Agricultural Research Service has released an integrated food and nutrient data system that provides online access to nutrient profile information about a wide variety of foods and food products.
meal kits
RETAIL
Meal Kits Struggle to Reach Customers at the Supermarket (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b2985dec6a&e=2715c96b29) - Bloomberg
Blue Apron, HelloFresh and Home Chef have all tried a brick-and-mortar strategy only to encounter the same old challenge: fickle consumers.
Smart & Final Agrees to $1.12B Buyout (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=18f97e4cbc&e=2715c96b29) - Supermarket News
The warehouse-style grocery has agreed to be acquired by private equity firm Apollo Global Management.
Aldi Says All Packaging Will Be Reusable, Recyclable or Compostable by 2025 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7847b59b00&e=2715c96b29) - Tree Hugger
In addition, the company plans on reducing packaging material of Aldi products by 15% and implementing an initiative to make private label product packaging easier for customers to reuse.
Veggies Lead the Way As Value-Added Produce Sales Climb (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5ee8344526&e=2715c96b29) - Grocery Dive
The sub-category has been on a roll, and it could heat up even more as innovation continues and consumers further embrace plant-based eating.
Older Millennials Embrace Traditional Grocers, Online Shopping (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2855811886&e=2715c96b29) - Grocery Dive
Younger millennials, meanwhile, are more likely to shop at mass merchandisers and spend money on wellness products and services
carls jr
RESTAURANTS
Carl's Jr. Will Test a CBD-Infused Burger (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5af3777edf&e=2715c96b29) - CNBC
Carl's Jr. will test a CBD-infused burger at one of its Denver locations on April 20, making it the first national fast food chain to add CBD to its menu. The burger will sell for $4.20.
EAT Club Acquires Taro to Expand Its Corporate Lunch Program (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=68efb0ccfa&e=2715c96b29) - TechCrunch
Financial terms of the deal were undisclosed. Taro will be folded into EAT Club's corporate program that enables employees to select their individually packed lunch.
Uber Shows Why Food-Delivery Business Is No Cheap Date (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a0881a9bf7&e=2715c96b29) - Wall Street Journal
In preliminary IPO offering papers, the ride-hailing giant makes it clear that Uber Eats will be an area of heavy investment for some time. Total takeout market in the US is estimated to reach $269b this year.
China's Fastest Growing Hotpot Chain Just Minted Two Billionaires (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=14c642e15e&e=2715c96b29) - Skift Table
China's insatiable demand for spicy hotpot is placing the founders of a restaurant chain atop one of the world's fastest-growing fortunes, allowing them to outpace many of the wealthiest families globally.
The Eater Young Guns Class of '19 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2a0fedd667&e=2715c96b29) - Eater
These up-and-comers are the rising stars of the restaurant world. They include Max Boonthanakit of Nightshade, Francesca Chaney of Sol Sips, Jason Chow of Butcher & Larder and more.
Chipotle Customers Are Saying Their Accounts Have Been Hacked (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2b0b452186&e=2715c96b29) - TechCrunch
A stream of Chipotle customers have said their accounts have been hacked and are reporting fraudulent orders charged to their credit cards — sometimes totaling hundreds of dollars.
canopy growth
AGRICULTURE
Canopy Buys Acreage for $3.4B in Bet on US Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f0f456380e&e=2715c96b29) - Bloomberg
The world's largest pot firm is banking on American legalization. It has purchased Acreage Holdings in a cross-border deal that may usher in a wave of consolidation in the burgeoning industry.
The First Cell-Cultured Meat Will Cost About $50 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=da613fabc0&e=2715c96b29) - Quartz
Bruce Friedrich, Executive Director of the Good Food Institute, spoke at TED Talk to discuss cell-cultured meats.
Wrenching Video from Pine Island Dairy Farmers Highlights Desperation on the Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=20a712ca77&e=2715c96b29) - StarTribune
Dairy farming is collapsing a way of life around the country. The median income at a dairy farm in Minnesota dropped by nearly two-thirds last year, from $43k to less than $15k. And one out of 10 Minnesota dairy farmers ceased operations.
Denmark: Rockstart Raises €15M for AgriFood Tech 'Accelerator 2.0' Committed to Funding Startups at Later Stages (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=eb96116377&e=2715c96b29) - AgFunder
Cornerstone investors are Vaestfonden and De Hoge Dennen Capital. Access to capital and market are two focuses of the program.
Edible Insects, CBD and Cell-Cultured Meat: Regulating the Future of Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ca23a49282&e=2715c96b29) - Food Dive
Lawyers and former FDA and USDA regulators gathered to discuss the future of these trends and how the government could decide to regulate them.
From Lab-Grown Meat to Fermented Fungus, Here's What Corporate Food VCs Are Serving Up (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=03c3e7a68a&e=2715c96b29) - Crunchbase
A look at some of the trends, included funded companies, active investors and the up-and-coming edibles.
5G Technology Is Coming to Rural America (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=920203945c&e=2715c96b29) - New Food Economy
The FCC just announced a $20b plan to bring high-speed mobile access to remote parts of the country. But is that what rural America needs?
Will Plant-Based Fish Food Make Aquaculture More Sustainable (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6cdb444360&e=2715c96b29) - New Food Economy
The ecological impact of feeding soy and other land-grown crops to farmed seafood reveals it may not be as planet-friendly as it seems.
Trump Administration Wants to Let Pork Industry Regulate Itself (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5b8f4af703&e=2715c96b29) - Modern Farmer
The Trump administration is continuing its quest to reduce regulations—even when those regulations are designed to keep the country safe.
Wild Bee Species Critical to Pollination on the Decline (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e8597a668&e=2715c96b29) - New York Times
More than a dozen wild bee species critical to pollinating everything from blueberries to apples in New England are on the decline.
Singapore: How a Little Sensor Is Making a Big Impact on the Global Cocoa Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b6087fd326&e=2715c96b29) - AgFunder
Olam International has partnered with sensor startup Consumer Physics to help improve its cocoa production by capturing data on the exact amount of cocoa within a cocoa bean pod.
'Partly Alive': Scientists Revive Cells in Brains From Dead Pigs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=60c84e3fd3&e=2715c96b29) - New York Times
In research that upends assumptions about brain death, researchers brought some cells back to life — or something like it.
Make Manure Great Again: New Tech Challenge Aims to Put Animal Waste to Work (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dd5a0aafa9&e=2715c96b29) - AgFunder
With involvement from World Wildlife Fund and The Yield Lab Institute, The Manure Challenge is exploring how technology can help us find an expedited pathway to making better use of manure.
added sugar
EATERS
"Added Sugar" Labels Could Pay for Themselves and Prevent Nearly a Million Cases of Disease. Why Haven't We Seen Them Yet? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2936d33613&e=2715c96b29) - New Food Economy
The food industry was supposed to update its nutrition facts panels by last summer. A new study found implementing it could prevent 354k cases of cardiovascular disease, 599k cases of diabetes and save $31b in healthcare costs over 20 years.
What the 'Insect Apocalypse' Has to Do with the Food We Eat (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c7c9e66d52&e=2715c96b29) - Civil Eats
Anna Lappé talks to environmental scientist and ecologist Francisco Sánchez-Bayo about his new research on global insect decline and the under-reported connection to agriculture.
Iran's Latest Economic Woes Hit Residents in Their Stomachs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5170927781&e=2715c96b29) - Wall Street Journal
Iranian authorities have a new target in their bid to calm the country's economic turmoil: meat-market manipulators. The price of veal and beef increased 67% last year, while mutton had jumped 52% and chicken had become 63% more expensive.
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LATEST JOB LISTINGS
Operations Manager at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c42fab2d59&e=2715c96b29) - Brooklyn, NY
Area Sales Manager at Minna (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a2f667e138&e=2715c96b29) - New York, NY
Vice President of Innovation at King Arthur Flour (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5682111a39&e=2715c96b29) - White River Junction, VT
Vice President of Sales at King Arthur Flour (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=15ae8455cc&e=2715c96b29) - White River Junction, VT
Vice President of Sales at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7494481ddf&e=2715c96b29) - Portland, OR
Social Media Coordinator at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5b37611b3a&e=2715c96b29) - Brooklyn, NY
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Bread SRSLY Operations Manager (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=65feca3937&e=2715c96b29) - Berkeley, CA
Event Producer at Food+Tech Connect (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fd19e232ce&e=2715c96b29) - New York, NY
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