Latest food tech and innovation news, jobs and events.
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hulu
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Food Robotics Market to Hit $3.1B by 2025, Chrissy Teigen & David Chang Partner with Hulu + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=28bbc6d6dc&e=2715c96b29)
Our round-up of last week's top food innovation news.
Biodiversity Requirements Will Enhance Organic Standards, Says Kathleen Merrigan (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a83b5e20d9&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.
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disrupt food summit
Disrupt Food Summit NYC
Consumers increasing demand for healthier and sustainably sourced food has led to significant changes in the food industry. With all these changes, what does the future hold?
Join an exceptional line-up of speakers as the future of food is discussed, enjoy lunch and a great opportunity to network with teams from Kroger, Landec Corporation, Square Roots, and other companies. Discount code FT20
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TERRA
Calling All Food & Ag Startups!
Is your food or ag startup ready to scale? Are you looking for corporate partners to help you get there? TERRA's next cohort is targeting startups who are tackling food safety, supply chain tech, novel ingredients and precision ag and more. Apply to TERRA by 12 May 11:59pm PST.
Last Chance to Apply (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=153843a86c&e=2715c96b29)
beyond meat ipo
CPG
Beyond Meat Just Had the Best IPO of 2019 as Value Soars to $3.8B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6f8e5f1c8b&e=2715c96b29) - Fortune
Shares rose as much as 192% from its IPO price of $25 share. The company raised $241m from the sale of 9.63m shares on Wednesday.
What Beyond Meat Can Teach Big Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bba330fc56&e=2715c96b29) - Wall Street Journal
Beyond Meat's shares may have soared beyond reason, but the blockbuster IPO still holds valuable lessons for the food industry.
Cali'flour Foods Raises Millions to Scale Up Operations (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fce71e2520&e=2715c96b29) - Food Dive
Cali'flour Foods has received funding led by Sunrise Strategic Partners and Trilantic North America. The investment will allow it to scale up operations, develop innovations and expand retail sales in grocery stores.
Big Vegan Brands Snag Loyal Customers in Undergrad (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6d961b252c&e=2715c96b29) - Bloomberg
Food companies are swarming campuses, where a nearly captive audience that's about to start buying groceries is building its lifelong loyalties.
Is That Dish Real Chinese Food? Ask an AI Taste-Testing Robot (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ce81c12bb6&e=2715c96b29) - The Star
More than 10 Chinese food manufacturers that have taken part in a government-funded AI-tasting program for more than three years are reporting significantly better profits, paving the way for mass application of the technology.
Shhhhh, Big Dairy Is in Bed With Almond Milk (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=91b58a85d9&e=2715c96b29) - Bloomberg
While farmers loudly voice their complaints about alt-dairy products, conventional processors like Chobani, HP Hood and Organic Valley are starting to churn them out alongside traditional milk.
A Little CBD to Take the Edge Off—For Your Pet? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=efbbc649de&e=2715c96b29) - Wall Street Journal
Products containing the hemp extract have garnered a flurry of interest among fans who take it for everything from sleep to stress reduction. Now, people are trying it on their pets.
CBD Is Wildly Popular. Disputes Over Its Legality Are a Growing Source of Tension. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=95a85185ac&e=2715c96b29) - New York Times
CBD has grown so popular that you can get it at the mall in some states — but in others, the police say it's cause for arrest. Regulation has become a chaotic patchwork.
CP Kelco's New Ingredients Turns Citrus Peels into Fiber (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0aa240c4a6&e=2715c96b29) - Food Dive
The new product has gelling, thickening, stabilizing and water-binding capabilities that can be used to replace starch, eggs or oil in formulations.
After Prodding by Splenda Maker, FDA Proposes First Exemption to "Added Sugar" Label Requirement (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=acdd500a83&e=2715c96b29) - New Food Economy
The makers of Splenda successfully pushed the agency to exempt a little-known sweetener called allulose, based on limited research.
bigbasket
RETAIL
Grocery Startup BigBasket Becomes India's Newest Unicorn with New $150M Investment (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0cd982ccf2&e=2715c96b29) - TechCrunch
The new financing round was led by Mirae Asset-Naver Asia Growth Fund and Alibaba. It will be used to expand BigBasket's supply chain network and add 3k vending machines in residential apartments and offices by next month. k
Meal Kits Move to Grocery Stores — And Walmart, Whole Foods and Kroger are Taking the Lead (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=427f30ad16&e=2715c96b29) - US Chamber
Sales of meal kits in grocery stores and other retail outlets rang up $93m in sales in 2018, as 2.2m new US households purchased meal kits in 2018, up from 51% from 2017.
Ikea Is Working on a New Meatless Meatball (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0570bdfff4&e=2715c96b29) - CNN
Ikea said it is running tests and developing prototypes with different potential partners, and hasn't decided yet which supplier it will work with. It plans to test the new product in select products by February 2020.
Dunkin' CEO: 'We're Going to Look at Plant-Based Proteins' for Breakfast Menu (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d2991215eb&e=2715c96b29) - CNBC
Dunkin' CEO David Hoffmann said that the coffee chain would look at plant-based proteins a day after Beyond Meat's initial public offering.
Inside Kozmo.com's Online Grocery Comeback (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e8da3bfb28&e=2715c96b29) - Grocery Dive
The company shut down in 2001 but returned to the marketplace a year ago in Los Angeles. Now it's profitable, and new owner Barnaby Montgomery has his eye on expansion.
foam
RESTAURANTS
OpenTable Acquires Guest Management Platform Venga (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7729c12d8b&e=2715c96b29) - Skift Table
Financial terms were undisclosed. Venga has a suite of products around CRM that OpenTable will now integrate into its platform.
Maine Becomes the First State to Ban Foam Containers — Here's What That Means for Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3f92540d5f&e=2715c96b29) - CNBC
The ban will go into effect January 1, 2021. Hospitals, Meals-on-Wheels providers and lobster dealers will be exempt from the ban.
Apps Take Center Stage in Chipotle's Food Fight (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b35513b801&e=2715c96b29) - The Washington Post
Digital ordering and food delivery have moved beyond talking points and pilot programs to become big money-makers.
DoorDash Is Expanding Food Deliveries to Hotels (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e9cf9ed47b&e=2715c96b29) - VentureBeat
The company has partnered with Wyndham Hotels & Resorts that will see over 3.7k of the hospitality chain's 9.2k properties.
biodiversity
AGRICULTURE
One Million Species at Risk of Extinction, UN Report Warns (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=14032dc19d&e=2715c96b29) - National Geographic
A landmark global assessment warns that the window is closing to safeguard biodiversity and a healthy planet. Yet solutions are in sight.
Chinese AgriFood Startups Raise $5.8B in 2018 As Digital Penetration & Consumer Fragmentation Drive Growth (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=faec0d0ed3&e=2715c96b29) - AgFunder
While Meituan-Dianping's Series F round of $1.5b contributed to the jump, a 60% year-over-year increase in the number of deals highlights that there was considerable growth in the industry. There was a 60% increase in the number of investors.
To Combat Climate Change, Start From the Ground Up (With Dirt) (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=64d6213b86&e=2715c96b29) - New York Times
Dirt is dead, but soil is alive — packed with nutrients and boasting properties that keep carbon out of the atmosphere.
America First' May Be Last Hope for These Cattle Ranchers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=700f41b250&e=2715c96b29) - The Washington Post
Without 'made in USA' labels, independent ranchers fear their livelihoods could be quashed by multinational corporations as a new North American trade deal takes shape.
Global Meat Companies Feast on China's Pig Problems (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=664a7c98e3&e=2715c96b29) - Wall Street Journal
Huge declines in Chinese pork production will boost demand for other proteins from other places. Tyson Foods has surged 40% since the beginning of the year. JBS and Pilgrim's Pride have both rocketed 70%.
Seafood without the Sea: Will Lab-Grown Fish Hook Consumers? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9f45d234be&e=2715c96b29) - NPR
The seafood industry has some well-publicized problems: from overfishing to contaminants that make their way into fish. Now, a handful of startups aim to offer a "clean" alternative grown from cells.
Uncertain Future for 'Super' Seaweed After Court Ruling (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=04eabfa703&e=2715c96b29) - New York Times
Maine's seaweed business has grown like a weed in recent years, with proponents touting it as both a "superfood" and an economic generator for the rural state — but the industry is now facing sticky new restrictions.
Robotic Weeders Are Racing to Replace Glyphosate and Dicamba (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f43b581878&e=2715c96b29) - New Food Economy
With the most popular herbicides falling from favor, can robots dispatch with our weeds?
Scientists Are Gene-Editing Tomato Plants for the International Space Station (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8149d3d2c6&e=2715c96b29) - New Food Economy
Using CRISPR technology, California researchers have developed a tinier tomato plant for growth in space.
noom
EATERS
Health Coaching App Noom Will Expand Its Product Team after Raising $58M Led by Sequoia (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fd431b704e&e=2715c96b29) - TechCrunch
Other participants include Aglaé Ventures, Jan Koum, Tony Xu, Josh Kushner, Scooter Braun and Samsung Ventures. The company will use its new funding to hire more people for product development.
Jack Dorsey Is Gwyneth Paltrow for Silicon Valley (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0da319a8ea&e=2715c96b29) - New York Times
The Twitter chief executive is tech's foremost manfluencer, guiding his followers toward optimum cognitive performance. Or, at least, hunger.
An Alarming Number of Children in American Can't Afford Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=17f5a9338e&e=2715c96b29) - MarketWatch
Experts say many people that are food insecure work low-paid jobs, yet still don't qualify as SNAP recipients.
Buy 'Local'? The Term Is Murky for Shoppers, Survey Says (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=96d3cfa8b4&e=2715c96b29) - Food Dive
Among food-related causes, buying local has the highest awareness among US consumers at 46%, but consumers' definition of the term varies depending on the product.
With Venezuela in Chaos, Mangoes Are Unsung Heroes (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=45e4e588d3&e=2715c96b29) - NPR
The years-long crisis is boiling over, and food is in short supply. For many hungry Venezuelans, the high-fiber mango helps fill an empty, rumbling stomach.
You Will Never Smell My World the Way I Do (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b009403d84&e=2715c96b29) - New York Times
Scientists find that whiskey's smokiness, the smell of beets and lily of the valley perfume can be utterly different depending on your genetic wiring.
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LATEST JOB LISTINGS
Kitchen Staff @ Fast Growing Beverage Startup at Sweet a Little (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=67867b86f1&e=2715c96b29) - San Francisco, CA
Brand Ambassador at LAVVA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=53cab8b1ee&e=2715c96b29) - San Francisco, CA
Brand Ambassador at LAVVA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f55002a8c2&e=2715c96b29) - Boston, MA
Brand Ambassador at LAVVA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d72364b0be&e=2715c96b29) - Miami, FL
Sales Senior Manager at Plenty (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=586931584b&e=2715c96b29) - San Francisco, CA
Business Development Director at Plenty (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=129865d97d&e=2715c96b29) - San Francisco, CA
Program Director at Food System 6 Accelerator (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ae75193667&e=2715c96b29) - California
Business Operations & Administration (Part-Time) at Chirps Cricket Chips (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9d5dd616ea&e=2715c96b29) - San Francisco, CA
Square Roots Farm Manager at Square Roots (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4b5df53015&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=258695092d&e=2715c96b29) - Minneapolis, MN
Operations Manager at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0bec06c457&e=2715c96b29) - Brooklyn, NY
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