Latest food tech and innovation news, jobs and events.
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resy
FEATURED
Impossible Foods Raises $300M, Amex Aquires Resy + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d93e5fea86&e=2715c96b29)
Our round-up of last week's top food innovation news.
EVENT
Varietal
Join Us at The Wall Street Journal's Future of Everything Festival
Heading to the Wall Street Journal's Future of Everything Festival? Come taste Varietal Crop Crackers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7d4a0e2f57&e=2715c96b29) , a new beta product from our sister company Alpha Food Labs. Crop Crackers are made from wheats, legumes and seeds all grown in a symbiotic rotation, which promotes soil health and makes for delicious snack crackers.
LEARN MORE (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c4ad5b8a7a&e=2715c96b29)
impossible pizza
CPG
Impossible Foods Dishes Up Its First Meatless Sausage Atop Little Caesars' Pizza (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=05c7daabaf&e=2715c96b29) - Fortune
For the first time since introducing its meatless burger in 2016, Impossible Foods is launching a new product: The Impossible Sausage. It is making its debut as a topping on Little Caesars' $12 Impossible Supreme Pizza.
KIND Announces Move into Frozen Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c70e811359&e=2715c96b29) - NOSH
The brand is launching Frozen Creamy Almond Bars exclusively at Wal-Mart. It does not contain artificial sweeteners, sugar alcohols or genetically engineered ingredients.
Zola Acquired by Cannabis Brand Caliva (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8b1408a8d4&e=2715c96b29) - BevNet
Plant-based beverage maker Zola was acquired from investment KarpReilly by Caliva for an undisclosed sum.
Venture Capital Firm Funds Bright Greens and Libre Naturals (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=197b8afbed&e=2715c96b29) - Food Business News
S CAP has made an investment in Bright Greens, a creator of smoothies and Libre Naturals, a maker of allergen-free snacks. No financial terms were disclosed.
Big Food Turning to Regenerative Agriculture to Meet Sustainability Goals (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=23113e1ffd&e=2715c96b29) - Food Dive
Companies such as General Mills and Hormel Foods are embracing the practice to help their businesses and respond to consumers who consider environmental stewardship in their buying habits.
US Organic Sales Ring Up Record $52.5B in 2018 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c436a49496&e=2715c96b29) - Natural Products Insider
Transparent and sustainable products from companies that embrace social activism, sales of organic food and non-food products shattered records and moved into mainstream markets in 2018, ringing up more than $50b in US sales.
CBD Entering Food and Drink at an 'Astounding Pace' (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f5152a02c8&e=2715c96b29) - Food Dive
A new Rabobank report provides a framework for what is driving demand for CBD and present alternative theories for how the market could develop over the next five to ten years.
Why Sustainability Matters for Every CPG Company (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=07b1f3e586&e=2715c96b29) - Just-Food
After a study from NYU Stern and IRI, just-food's US columnist Victor Martino looks at the building business case for sustainability.
Swedish Distillery Creates First Whisky Designed by AI (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=abe2243e29&e=2715c96b29) - Forbes
Mackmyra will release an AI-designed single malt in collaboration with Microsoft.
Singapore: Sugar 2.0? From Low-GI Sugar to Next-Gen Sugars Deploying 'Fluffy Bulk' Technology to Increase Sweetness Perception (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b009317de0&e=2715c96b29) - Food Navigator
Nutrition Innovation Group is in talks with seven out of 10 of the world's leading food manufacturers interested in using its low-GI cane sugar.
Del Monte CEO Says Tariffs Driving Up Price of Canned Fruits, Vegetables (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=032736588e&e=2715c96b29) - Bloomberg
The Trump administration placed a 25% tariff on steel imports and 10% tariff on aluminum imports in March 2018, leading US producers to raise their prices as well.
luckin coffee
RETAIL
China's Luckin Coffee Raises Up to $651M in Upsized US IPO (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ffdd51ab96&e=2715c96b29) - TechCrunch
Despite concern at its high losses and little chance of near-term profitability, Luckin seems to have been greeted positively by investors.
Whole Foods Will Ban Plastic Straws & Offer Smaller Produce Bags (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e724595f91&e=2715c96b29) - CNN
The retailer will stop offering plastic straws across all 500 stores in the US, UK and Canada. It will instead offer paper straws beginning in July.
Boxed Partners with Grocery Chain Lidl (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6490117169&e=2715c96b29) - Forbes
The startup now offers delivery to Lidl customers in parts of both New York and Georgia. Boxed customers will now have access to fresh meat and produce delivery.
Jet.com Expands Asian Food Offerings (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=73bc48139f&e=2715c96b29) - Grocery Dive
Walmart's Jet.com has teamed up with the country's largest Asian grocer, H Mart, to expand its Asian food offerings with popular items like Pocky snacks, kimchi and instant noodles.
Bananas Are Getting Cheaper. That Low Price Comes with Hidden Costs. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1137eb23ac&e=2715c96b29) - New Food Economy
We pay less for bananas today than we did a decade ago. But that low price is misleading—and makes things harder for companies working to improve the lot of workers and the land.
deliveroo
RESTAURANTS
UK: Amazon Leads $574M Investment for Food Delivery Company Deliveroo (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e920a7dc84&e=2715c96b29) - CNBC
The food delivery app has raised up to $1.53b to date. The new investment would offer restaurants new opportunities to grow and expand their businesses.
DoorDash Takes Aim at Nearly $13B Valuation in New Funding Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c6603d031f&e=2715c96b29) - Wall Street Journal
The company's ability to fundraise at a higher price signals investors' confidence, despite Uber's poor reception on Wall Street.
Clinc Raises $52M Series B As It Marches Toward IPO (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a0bb7e2153&e=2715c96b29) - TechCrunch
The company behind the conversational AI platform netted cash from Insight Partners, DFJ Growth, Drive Capital, Hyde Park Venture Partners and others. Clinc plans to reach 140 employees by the end of 2019.
New Perk for Fast-Food Workers: Finish a Shift, Get Cash to Go (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c839f0c507&e=2715c96b29) - Bloomberg
Workers at Church's Chicken, Pizza Hut and Checkers can now get expedited pay as US restaurants grapple with a labor shortage that's not showing any signs of abating.
$15 Minimum Wage Becomes Part of 2020 Presidential Landscape (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8794519c13&e=2715c96b29) - New York Times
Almost the entire 2020 Democratic presidential field has joined the labor movement driven by fast food workers to implement a federal minimum wage of $15, almost double the current figure.
Uber Eats Is Facing a Price War — Just Like Uber (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5ac4eb7131&e=2715c96b29) - Vox
The company's customers aren't very loyal, so Uber is slashing prices.
Bear Robotics Launches Second-Gen Restaurant Robot, Adds Swappable Tray System (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8cd63723af&e=2715c96b29) - The Spoon
The autonomous robot, which shuttles food and dishes between the front and back of house, now features a versatile tray system for carrying more and different types of items.
citrus
AGRICULTURE
Citrus Farmers Facing Deadly Bacteria Turn to Antibiotics, Alarming Health Officials (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bb9d9a316d&e=2715c96b29) - New York Times
In its decision to approve two drugs for orange and grapefruit trees, the EPA largely ignored objections from the CDC and the FDA, which fear that expanding their use in cash crops could fuel antibiotic resistance in humans.
Canada/Australia: Robots Take the Wheel as Autonomous Farm Machines Hit Fields (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fc906c94f7&e=2715c96b29) - Bloomberg
The first fully autonomous farm equipment is becoming commercially available, which means machines will be able to completely take over a multitude of tasks thanks to small startups in Canada and Australia.
As Trade War Escalates, Trump Hints at a Second Round of Farm Bailouts (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7aa5575ea3&e=2715c96b29) - New Food Economy
China plans to raise tariffs on $60b worth of American goods including beer, wine and frozen spinach.
USDA to Begin Testing Pigs for African Swine Fever (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4659397d0c&e=2715c96b29) - New Food Economy
With China on track to lose a third of its pigs this year, US officials are growing increasingly vigilant.
LG AI
EATERS
LG Developed Its Own AI Chip to Make Its Smart Home Products Even Smarter (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3136ae7bff&e=2715c96b29) - TechCrunch
The new chip includes its own neural engine that will improve the deep-learning algorithms used in its future smart home devices.
How Soil Health Is Reflected in the Gut (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f69a731d64&e=2715c96b29) - Goop
The health of our soil microbiome is the single most potent factor determining how healthy—or unhealthy—we are.
Ready Or Not, the Food of the Future Is Coming (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=aa48087542&e=2715c96b29) - Forbes
99% of our genes are microbial, compared to only 1% that are human. Meaning, the main thrust of innovation in health and diet solutions should definitely be aiming at the microbiome.
Meet CocoTerra, an All-In-One Craft Chocolate Machine for the Home (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5bc915ef60&e=2715c96b29) - The Spoon
The countertop chocolate maker takes the user through most of the chocolate making process: grinding, refining, tempering and molding.
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b4059f2303&e=2715c96b29
LATEST JOB LISTINGS
Senior Scientist — Plant-Based Specialization at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6437a85b83&e=2715c96b29) - Remote
Sales Operations Internship at SHELFMINT (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bcbf6664b8&e=2715c96b29) - New York, NY
VP of Operations at Supermantural (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5386a38a9e&e=2715c96b29) - New York, NY
Account Manager at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cae00c31e0&e=2715c96b29) - Portland, OR
Community and Marketing Manager at Banner Butter (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b236dbf18d&e=2715c96b29) - Atlanta, GA
Catering Coordinator at Clover Food Lab (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c74fe6ba6d&e=2715c96b29) - Boston, MA
Sr. Sensory Science and Insights Manager at Land O' Lakes (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c4e781b116&e=2715c96b29) - Arden Mills, MN
Kitchen Staff @ Fast Growing Beverage Startup at Sweet a Little (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=98acce5d93&e=2715c96b29) - San Francisco, CA
Brand Ambassador at LAVVA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9679a23210&e=2715c96b29) - San Francisco, CA
Brand Ambassador at LAVVA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9222a44d54&e=2715c96b29) - Boston, MA
Brand Ambassador at LAVVA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=126a6412cc&e=2715c96b29) - Miami, FL
Sales Senior Manager at Plenty (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e947544d6&e=2715c96b29) - San Francisco, CA
Business Development Director at Plenty (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ff827b67f6&e=2715c96b29) - San Francisco, CA
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=541a068265&e=2715c96b29)
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