Latest food tech and innovation news, jobs and events.
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FEATURED
Blue Apron CEO Steps Down, Burger King Tests Impossible Whopper + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a7dd6e6912&e=2715c96b29)
Our round-up of last week's top food innovation news.
How MAD Helps Chefs Transform & Diversify Our Food System (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ffe2791773&e=2715c96b29)
MAD executive director Melina Shannon-DiPietro talks to us about creating a global community of chefs who are leaders in sustainability and biodiversity.
Millennial & Gen-Z Eating Behaviors Will Shift Supply Chains, Says Michel Nischan (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=eee540e734&e=2715c96b29)
Wholesome Wave founder Michel Nischan on why his new socially responsible soup company, Wholesome Crave, aims to expand demand for biodiverse ingredients.
Arabella Advisors on Transformative Food System Investment Opportunities (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b38e3c2707&e=2715c96b29)
Arabella Advisors on why we need to invest in techn that supports transparency, supply chain innovation and connect eaters to the producers of their food.
✨ WE'RE HIRING ✨
Join our team! We are hiring a part-time Event Producer (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2feeb07bb9&e=2715c96b29) and Digital Community Manager (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d0c430e47b&e=2715c96b29) .
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CPG
Veggie Discs' to Replace Veggie Burgers in EU Crackdown on Food Labels (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=01f0047152&e=2715c96b29) - The Guardian
The parliament agriculture committee approved a ban on producers of vegetarian food using nomenclature usually used to describe meat.
Maple Leaf Foods Diving Deeper into Plant-Based Protein with $310M Factory (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d57ab75db3&e=2715c96b29) - Financial Post
The Canadian meat producer has announced plans to build a processing plant devoted to vegan meat alternatives.
Canopy Can Generate $1B in Revenue This Fiscal Year, Constellation CEO Says (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0c5c460887&e=2715c96b29) - CNBC
Constellation, which makes Corona and Modelo beers, has a 38% stake in the cannabis company, which is the largest medical marijuana producer in Canada.
Still Appetite For Meat Snacks as 4505 Closes Funding Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=162349699a&e=2715c96b29) - Nosh
Encore Capital led the round, with participation from CircleUp. SEC filing indicates the company closed roughly $8.5m. The company plans to scale in areas of operations and supply chain.
Why Tofurky Accepted $7M of Private Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ec520137c9&e=2715c96b29) - Food Dive
The plant-based protein maker said it plans to use the money for new equipment, innovations in the pipeline and to scale production capacity for its core portfolio.
Investing In Food & Drink: Current Trends & Future Directions (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=56de4dde97&e=2715c96b29) - Forbes
Jordan Gaspar of AccelFoods and Joshua Siegel of Rubicon Ventures share insight on what drives investment decisions and how current changes in the industry are influencing them.
Dean Sinks the Most Among Food Bonds (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1206097910&e=2715c96b29) - Bloomberg
Investors are betting there's no easy fix for Dean Foods, with the top US dairy company's bonds sinking 21% into distressed territory among a long-term decline in American milk demand.
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RETAIL
Grocery M&A Increased 73% Last Year, Study Finds (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1689327094&e=2715c96b29) - Grocery Dive
There were 527 M&A deals in the food space in 2018, which is an 11% decrease from the record number seen in 2017.
Is Blue Apron's Flameout an Omen for 2019's Unicorns? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a7cc64306d&e=2715c96b29) - Bloomberg
Blue Apron is not only one of the worst-performing IPOs in recent history, but it also seems to underscore the growing disconnect between America's rich coastal cities and its less prosperous countryside.
Portugal: Amazon Go Faces Unlikely Challenge From Checkout-Free Startup (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8cb34b7083&e=2715c96b29) - Bloomberg
Sensei, a startup backed by Metro AG and Sonae SGPS SA, is pitching its technology to European supermarkets as they race Amazon to open the region's first checkoutless stores.
Albertson's Digital Media Platform Tallies 300 CPG Campaigns (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=63e3f2aa4b&e=2715c96b29) - Grocery Dive
Pepsi and Yoplait are among the brands that have leveraged the grocer's proprietary shopper data to drive sales and introduce new products.
Brad Paisley and Kimberly Williams-Paisley to Open Free Grocery Store in Nashville (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=27c8758bc1&e=2715c96b29) - CNN
The country music star will open The Store to offer free groceries to families in need. The goal is to serve at least 3k people each year.
Portuguese Dog Food Subscription Startup Barkyn Raises €1.7M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0463c82359&e=2715c96b29) - Tech.eu
The round was led by Indico Capital Partners, with participation from All Iron Ventures, Shilling Capital Partners and 7 Graus. The company plans to use funding to expand into more European markets.
Will Liviri's Reusable Packaging Help Retain Mail Order Meal Kit Subscribers? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=365f6b3dc0&e=2715c96b29) - The Spoon
Otter Products recently debut the Liviri container system for meal kits, groceries and other perishables ordered for delivery. The container has vacuum-insulated panels to keep food cold, reusable ice packs and movable drivers.
How Generations Are Shaping Food Trends (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=457717bc1d&e=2715c96b29) - Grocery Dive
From clean eating to changing meal composition, popular trends among age demographics are impacting grocery retailers.
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RESTAURANTS
GrubHub CEO: We're Willing to Spend Aggressively on the Future to Beat Our Competitors (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8a7e96396e&e=2715c96b29) - CNBC
GrubHub will continue investing in its long-term strategy and differentiate itself in the crowded online food ordering space even as its stock faces pressure.
Are Fast Food Corporations Ever Worthy of Forgiveness? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2a0e479964&e=2715c96b29) - Eater
Chick-fil-A said it would no longer get involved with social issues, but recent donations to anti-LGBTQ groups suggest it totally duped the libs.
Chefs Pick CBD- and Cannabis-Infused Food As This Year's Hot Trend at Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=010e813e44&e=2715c96b29) - CNBC
Cannabis remains illegal at the federal level, and only 10 states have legalized it for recreational purposes. Some restaurateurs have turned to private supper clubs that offer menus with upscale cannabis-infused dishes.
Canceling a Bad Man Is Just the Beginning (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5ad63d1efb&e=2715c96b29) - Eater
What the curious case of Paul Qui tells us about how the restaurant industry should handle accused chefs.
Why McDonald's Is Supersizing Its Tech Spending (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=30d2533859&e=2715c96b29) - Restaurant Dive
The fast food chain invested $3.7m in mobile app developer Plexure this week, signaling an aggressive focus on its drive-thru sales and digital offerings.
Schools Ban Use of Food Delivery Apps Over Safety Concerns (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=063e857b09&e=2715c96b29) - The Washington Post
Two schools in Delaware are prohibiting meals from food delivery services. Schools in California had previously banned deliveries after school's front offices were overwhelmed with couriers.
agerris
AGRICULTURE
ADM Invests $135M Food Tech Fund (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0b532ab7f6&e=2715c96b29) - Chicago Business
Cultivan Sandbox, which backs agriculture and foodtech companies, has raised a $135m investment fund. New investors include Growmark, ADM, Ecolab and Griffith Foods.
Agtech Agerris Raises $6.5M in Seed Funding to Set Robots to Work on Australia's Farms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5384aecada&e=2715c96b29) - SmartCompany
The funding comes from Uniseed, Carthona Capital and BridgeLane Group. It will be used to commercialize its automated farm equipment and help support farmers all over Australia.
Augean Robotics Raises $1.5M in Seed Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3e3c36c53c&e=2715c96b29) - Finsmes
The round was led by ffVC, with participation from S2G Ventures, Radicle Growth and others. The company intends to use the funds to accelerate the commercialization of Burro and to develop the proprietary datasets needed to enable further autonomy.
Forget the Past, Carbon-Rich Soil May Be the Ticket to Sustainable Agriculture (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=945886545c&e=2715c96b29) - The Mercury News
Stemple Creek Ranch might be a model for future farmers with its sustainable agricultural practices to keep carbon in the soil and out of the atmosphere.
Bok Choy Isn't 'Exotic' (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=392a8d7310&e=2715c96b29) - Eater
A young generation of Asian-American farmers is reclaiming Asian vegetables — and in the process, their own culinary heritage.
As Farmers Fight for the Right to Repair Their Tractors, an Antitrust Movement Gains Steam (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=505a3cf894&e=2715c96b29) - New Food Economy
Proprietary tools and restrictive user agreements keep farmers from fixing their own machines. A vocal faction of producers, legislators, and advocates wants to change that.
Roundup Is Losing in Court But Farms Aren't About to Give It Up (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dcba2ee11c&e=2715c96b29) - Bloomberg
No matter what happens with the 11k-plus lawsuits plaintiffs have filed alleging the chemical in Roundup caused them cancer, farmers around the world are still going to keep using it.
The Precision Indoor Plants Consortium Wants to Make Your Tomatoes Tasty Again (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b30e4d3682&e=2715c96b29) - AgFunder
PIP, a $15m public-private partnership of leading agtech startups, agribusinesses and biotech companies will research the potential for indoor farms to grow crops with improved nutrition, taste and other characteristics hard to achieve outdoors.
Trump Administration Sued Over Controversial Rollback of Insecticide Ban (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a2743a0c8e&e=2715c96b29) - New Food Economy
An environmental nonprofit wants access to public records on the neonicotinoid ban reversal.
The Farmworkers Who Pick Your Halo Mandarins Just Organized a Massive Labor Strike (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=215e95cffc&e=2715c96b29) - Civil Eats
Nearly 1.8k fruit pickers—many undocumented—spontaneously walked out of The Wonderful Company's citrus orchards earlier this year to oppose a pay cut and third-party labor contracts.
Scientists Made Better-Tasting Basil Through "Cyber Farming" (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1751683b94&e=2715c96b29) - Quartz
MIT scientists have coined the term to describe a process that uses complex computers to track a plant's minor genetic and epigenetic changes over time while searching for conditions that will encourage basil to produce a richer, tastier version of itself.
Japan: Octopus Farming Will Soon Be the Norm. Marine Scientists Say This Isn't a Good Thing (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3613673799&e=2715c96b29) - Quartz
Octopi have long escaped farming because they are difficult to feed after being born, and have a low survival rate. Technological advances and experimentation have now made it possible. Farms in Japan, Mexico, Spain and China are getting in on the business.
How Climate Change Is Fueling the US Border Crisis (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ccb464c280&e=2715c96b29) - The New Yorker
In the western highlands of Guatemala, the question is no longer whether someone will leave but when.
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EATERS
New Partnership Establishes the Blockchain of Taste (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=71c3eba284&e=2715c96b29) - Food Dive
Ripe.io has partnered with FlavorWiki to allow producers, retailers and consumers to find out how their products taste throughout production and the supply chain.
Trump Administration Sued Over Rollback of School Lunch Standards (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=03b4128a1b&e=2715c96b29) - New York Times
New York, five other states and the District of Columbia have sued the Agriculture Department over illegally issuing rules that weakened Obama-era standards for school meals.
A Mysterious Infection, Spanning the Globe in a Climate of Secrecy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8613d06547&e=2715c96b29) - New York Times
The rise of Candida auris embodies a serious and growing public health threat: drug-resistant germs. Some scientists cite evidence that rampant use of fungicides on crops is contributing to the surge in drug-resistant fungi infecting humans.
H.I.G. Capital to Buy Weight-Loss Brand Jenny Craig (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=45ae5875c7&e=2715c96b29) - Wall Street Journal
Terms of the deal were not disclosed.
Want to Keep Your Food from Spoiling Too Fast? Try Putting This in the Fridge (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0929e77825&e=2715c96b29) - USA Today
Nature's Frequencies claims sticking its $75 Food Freshness Card in the center of a typical sized refrigerator, can extend the shelf life of fruits, vegetables and bread up to 50% longer.
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LATEST JOB LISTINGS
Vice President of Innovation at King Arthur Flour (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4a9583fe68&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=aeeab877a7&e=2715c96b29) - White River Junction, VT
Vice President of Sales at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9664c9a95b&e=2715c96b29) - Portland, OR
Social Media Coordinator at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0df40c681c&e=2715c96b29) - Brooklyn, NY
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