Latest food tech and innovation news, jobs and events.
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food tech connect
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FEATURED
Tyson Exists Beyond Meat, Unilever Acquires Olly + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2a9b7fb9e9&e=2715c96b29)
Our round-up of this week's top food innovation news.
Applications Are Open For the TERRA Agrifood Accelerator Cohort IV (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8c3e9cd466&e=2715c96b29)
Is your food or agriculture startup ready to scale through corporate collaborations? Rabobank and RocketSpace are accepting applications for their TERRA accelerator through May 12.
Biodiversity Requirements Will Enhance Organic Standards, Says Kathleen Merrigan (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2d8f597e71&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.
SPONSORED EVENT
AGRI
The AGRI Tech Venture Forum is an annual event that serves as a converging point for global ag tech thought leaders. Industry giants, investors, accelerators, and innovators provide insight on the latest sector headwinds, technology milestones, and key challenges facing the future of ag tech. The event serves as a platform to accelerate agricultural innovation and provides the opportunity for early-stage and growth-stage ventures to gain direct access to investors, decision makers, and corporate strategics world-wide.
REGISTER (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=74e041fa79&e=2715c96b29)
EVENT
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6f2b167b8e&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=1deec43b84&e=2715c96b29) to hear how emerging startups are rethinking protein. Courtney Boyd Myers will share how AKUA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5556b1d4e6&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=32097a5db3&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=6f847c1c54&e=2715c96b29) 's chickpea pasta and rice.
Join Us! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=498b573658&e=2715c96b29)
beyond meat
CPG
Tyson Foods Sells Stake in Beyond Meat Amid Rising Tensions (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5d89d9779e&e=2715c96b29) - Axios
Tyson had a 6.5% ownership stake in Beyond Meat when the company filed for its IPO last November, having invested a total of $23m. The sale price and buyer are unknown.
Clara Foods Secures Series B Financing Led By Ingredion (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c9b25d0e0e&e=2715c96b29) - Forbes
This round of financing will fast-track commercialization of its animal-free egg protein, expand research and development capabilities and broaden the product road-map. Financial terms were undisclosed.
Coca-Cola Is Making a Big Push into Coffee (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cdb81ab73e&e=2715c96b29) - CNBC
Coca-Cola is planning to launch Coca-Cola Coffee in 25 markets by the end of the year. The drink blends Coke soda with coffee in a bid to appeal to consumers who want less sugar in their drinks but more caffeine.
Beer or Wine? Magic Hat Hopes That Millennials Say Both (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=24ee0818bc&e=2715c96b29) - Fast Company
The most influential generation of drinkers is shaking up old drink categories, pressuring brewers to come up with new flavors and tastes, such as DuVine, a beer/wine hybrid.
76% of Comments to FDA Support Dairy Terms on Plant-Based Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1d6369789f&e=2715c96b29) - Food Dive
If the FDA uses the comments to dictate its next steps in the labeling debate, then these results show the agency that consumers want dairy terms on plant-based products.
walmart
RETAIL
Private Label Sales Exploding at Mass Retail (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=50dfdaab00&e=2715c96b29) - Storebrands
Private label dollar volume in the mass retail channel surged 41% over the last five years, compared to a gain of only 7.4% for national brands. Store brands volume climbed by 33.2%.
Walmart Creates an Angus Beef Supply Chain, Bypassing Tyson (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8c36ed73cc&e=2715c96b29) - Bloomberg
The nation's biggest grocer has partnered with a Texas cattle rancher and other industry-related businesses to provide a steady supply of no-hormone-added Angus beef to 500 of its US stores beginning later this year.
Some Delivery Apps Pocket Their Workers' Tips. A New Bill Aims to Expose the Practice. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dfd4e06c3e&e=2715c96b29) - Vox
Companies like DoorDash, Instacart, and Amazon Flex have been accused of "tip theft." A new legislation in New York City forces apps to tell customers if they are pocketing worker's tips.
Walmart Experiments with AI to Monitor Stores in Real Time (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=01d0747951&e=2715c96b29) - Associated Press
The Intelligent Retail Lab will be located in Long Island. Computer vision will monitor inventory management to help wokers replenish items quickly.
Amazon Created the Expectation of 2-Day Shipping. Now It Needs to Scale Back. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=682946fb7a&e=2715c96b29) - Vox
Free two-day shipping attracts customers. It also costs Amazon a lot of money.
Supreme Court Hears Arguments in Case with Major Implications for Food Retailers and Press Freedom (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cf0859542f&e=2715c96b29) - New Food Economy
A ruling in FMI vs. Argus Leader could mean that the public will learn more about which grocery companies generate the most income from SNAP.
Brooklyn Now Has a Marijuana Dispensary (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2cb77dcce7&e=2715c96b29) - Edible Brooklyn
Called Citiva, their vast menu of products includes a variety of oils for vaping, tincture, and a water soluble powder, all ranging in CBD and THC content.
sweetgreen
RESTAURANTS
What's Behind a New Climate Surcharge Coming to Your Restaurant Bill in California (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4abbeff493&e=2715c96b29) - San Francisco Chronicle
The new initiative, Restore California Renewable Restaurants, will allow restaurants statewide the option of charging diners an additional 1%. The money will go toward California's Healthy Soil Program.
Can Any Company Be a Tech Company? Inside the Unlikely Journey of Cult Salad Brand Sweetgreen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c85328af76&e=2715c96b29) - Inc.
The profitable salad chain Sweetgreen was on track to IPO. So why did its founders decide to pivot to tech?
Just Eat Acquires iPad POS System Practi in Attempt to Lock in Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7899a20322&e=2715c96b29) - TechCrunch
The acquisition cost is an initial $8.7m, with further payments dependent on the business achieving certain commercial milestones. The move aims to strengthen Just Eat's hold on restaurant partners.
How Google Saved Over 6M Pounds of Food Waste in Its Cafes (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b637a1427f&e=2715c96b29) - Fast Company
Five years ago, Google starting measuring the quantity and value of food being tossed at its facilities. It's still got a long way to go, but it's an object lesson in how focusing on a problem can bring solutions.
Germany: McDonald's Launches Meaty 'Big Vegan' Burger (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cfddde7a99&e=2715c96b29) - Livekindly
The new option features Nestle's new plant-based Incredible Burger.
Shake Shack Tests Four-Day Workweek for Managers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4c3c9c05bf&e=2715c96b29) - Nation's Restaurant News
The pilot program has been deployed in Las Vegas, aimed at new ways to retain and attract restaurant-level leaders as it grows across the country.
Postmates Has Launched in 1K New Cities Since December (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1ffc8ff796&e=2715c96b29) - TechCrunch
The company is expanding like crazy ahead of an IPO expected later this year. It now operates in 3.5k cities across all 50 states.
Fast Food Workers Can Be Fired For No Reason. A New Bill Could Change That. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c0bc5ea16b&e=2715c96b29) - Civil Eats
The New York City Council is considering "just cause" legislation to enshrine fairness and dignity for fast food workers. It could become a model for other cities and industries.
Cava Is Reimagining the Drive-Thru Experience, with Help from Data Scientists (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2cdd32eac0&e=2715c96b29) - Forbes
The company plans to open five such Pick-Up By Car locations this year.
ninjacart
AGRICULTURE
Ninjacart Raises $89M from Tiger Global in India's Largest-Ever Farm Tech Deal (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fa9cea0cb1&e=2715c96b29) - AgFunder
Funding will help Ninjacart expand to 10 new cities, add 200 distribution centers across India, improve the supply chain infrastructure and strengthen its product and tech team.
India: Omnivore Raises $97M for Its Second Fund (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3a70fb9d0b&e=2715c96b29) - Economic Times
Investors included CDC Group, FMO, Swiss Investment Fund for Emerging Markets and more. Omnivore has made five investments ranging from $500k to $4m thus far.
Cultivian Sandbox Closes 3rd Fund on $135M with Bevy of Food & Ag Corporate LPs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a5d464ff14&e=2715c96b29) - AgFunder
Investors include Archer Daniels Midland, Corteva Agriscience, Ecolab, Elanco, Griffith Foods and more. Funding will be used to invest in Series A and B deals, covering technologies that advance crop production, animal health and protein production.
BeefChain Receives First USDA Certification for a Blockchain Company (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8d71fbfb23&e=2715c96b29) - Forbes
BeefChain is the first blockchain company to receive certification as a Process Verified Program. The status allows the company to audit different feed yards and ranches in four specific programs.
California's High-Value Crops, Like Fruits and Nuts, Are the Ones Most Vulnerable to Climate Change (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=28ac762062&e=2715c96b29) - Fast Company
A sobering recent study says that almost all of the state's crops, together valued at more than $50b a year, will be endangered by rising temperatures and unstable weather patterns brought by climate change.
Korea: The Country Winning the Battle on Food Waste (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3bea867a24&e=2715c96b29) - Huffington Post
South Korea has managed to increase food waste recycling levels from 2% to 95%.
Dutch Biotech Startup Ceradis Secures €9M for New Biofungicide (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=102666bd69&e=2715c96b29) - AgFunder
Waterman Ventures, Pymwymic and Van Herk Investments participated in the round. Ceradis will use funding to commercialize a new biofungicide that prevents crop disease.
A New Lawsuit Accuses the "Big Four" Beef Packers of Conspiring to Fix Cattle Prices (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f75f8807ab&e=2715c96b29) - New Food Economy
The plaintiffs, a group of feedlot operators, say companies like JBS and Tyson Foods illegally plotted to use various means—including strategic plant closures—to force desperate ranchers into selling their animals more cheaply.
Can Hydroponic Farmers Spray Glyphosate Just Before Becoming Organic? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bb5b93e76c&e=2715c96b29) - Civil Eats
A group of soil-based farmers are raising questions about possible loopholes in the certification of soil-free organic operations.
meat
EATERS
You Don't Have to Be a Vegan to Be a Climate-Friendly Eater (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7d6fbab72c&e=2715c96b29) - Mother Jones
A move to a "flexitarian diet" would help the world cut food-related emissions by 52%, giving the climate a shot.
14 African American Women Leading Change in the US Food System (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3a5a561e36&e=2715c96b29) - Food Tank
Food Tank has compiled a list of 14 African-American female entrepreneurs who have incorporated sustainable food production practices into their business motto. They include Lynnette Astaire, Tamala Austin, Erika Boyd, Kirsten Ussery and more.
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e069b159dc&e=2715c96b29
LATEST JOB LISTINGS
Square Roots Farm Manager at Square Roots (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b713aa460d&e=2715c96b29) - Grand Rapids, MI
Director, MBOLD: Leading the Way to the Future of Food at GREATER MSP Partnership (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=36c2703407&e=2715c96b29) - Minneapolis, MN
Operations Manager at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=95c87ee73e&e=2715c96b29) - Brooklyn, NY
Area Sales Manager at Minna (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ce5a65af0b&e=2715c96b29) - New York, NY
Vice President of Innovation at King Arthur Flour (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0da297fcf2&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=469da87b60&e=2715c96b29) - White River Junction, VT
Vice President of Sales at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a35fe807ae&e=2715c96b29) - Portland, OR
Social Media Coordinator at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9031742caf&e=2715c96b29) - Brooklyn, NY
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cd8750f7ae&e=2715c96b29)
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We created this open-source list to increase representation, support and investment in women, women of color & gender-nonconforming innovators in food. Join the list (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cda652cc33&e=2715c96b29) & help us spread the word using #womxninfood
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