Latest food tech and innovation news, jobs and events.
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FEATURED
$47.5B Invested in Regenerative Ag, Plant-Based Food Hits $4.5B + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b5e0e481c9&e=2715c96b29)
Our round-up of last week's top food innovation news.
2018 U.S. Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c3a274aa31&e=2715c96b29)
Over $1.45B was invested across 247 deals in 2018, according to the research in our second annual investment report produced in partnership with Ryan Willams. Plant-centric alternatives to meat and dairy accounted for one-third of total investment in food and beverage startups in 2018. Check out the report for a deep dive into last year's investor and investment trends.
restaurants
Technology promises to transform the restaurant industry. From talent management and personalization platforms to ghost kitchens and corporate catering marketplaces, startups are aiming to help restaurants improve operations and increase revenue. How do these technologies and new operational models work? What do they actually mean for restaurants?
Join us at What's Next in Restaurant Tech for a deep dive into Zuul (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fd8df1405f&e=2715c96b29) , HUNGRY (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8891c43465&e=2715c96b29) and Harri's (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6ecb2e5a3f&e=2715c96b29) business models and technologies. You'll also be able to sample innovative food & beverages and demo cutting edge restaurant technologies, including The.Fit (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0671c46575&e=2715c96b29) , Plate IQ (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=75fed7e7e5&e=2715c96b29) , ItsaCheckmate (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=736878250d&e=2715c96b29) , BentoBox (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e1c8d72ca3&e=2715c96b29) and OpenTable (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c25df1039d&e=2715c96b29) .
RSVP NOW (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e7f5f0040&e=2715c96b29)
bobo's
CPG
Bobo's Raises $5.5M to Expand Oat Bar Empire, Predicts 40% Growth in 2019 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=45c84f7f57&e=2715c96b29) - Food Navigator
Boulder Food Group led the Series B round. Funding will fuel the expansion of its new bakery in Colorado, doubling its capacity.
Brazil: Brazilian Food Tech Startup Fazenda Futuro Is Valued at $100M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8f147f2b2e&e=2715c96b29) - The Rio Times
The vegetable burger startup has received $8.5M from Monashees and Go4it Funds. It plans to expand its sales network throughout the country.
CircleUp25: Announcing the 2019 Winners (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=142a95b594&e=2715c96b29) - CircleUp
This year, 52% of CircleUp25 companies are female-founded or female-led. Winners include Blueland, Bombas, Curology, Framebridge, Good Catch, Magic Spoon and more.
PepsiCo Expands Reach into South Africa with Acquisition of Pioneer Foods Group (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=aece25ee77&e=2715c96b29) - Food Navigator
Facing a declining soda sales in the US, PepsiCo has acquired Pioneer Food Group for $1.7b.
Mars Announces Startups for Inaugural Seeds of Change Food Accelerator (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3970c2cd0c&e=2715c96b29) - The Spoon
Startups include Brooklyn Delhi, Fora, Oxtale, NoBull Burger, Prommus and Tru Made Foods.
Clif, Kraft and Whole Foods Execs Join Emerging Brands (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f33a4839d9&e=2715c96b29) - Nosh
A look at how execs from CLIF Bar, Kraft Heinz and Whole Foods Market are joining startups.
AI grocery
RETAIL
Retail's Adapt-Or-Die Moment: How Artificial Intelligence Is Reshaping Commerce (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=99026f2bd0&e=2715c96b29) - CB Insights
Traditional and new-school retailers alike are using AI and robotics to automate various parts of the retail chain, from manufacturing to last-mile delivery.
UK: Are Food Delivery Apps the Death Knell of Home Cooking? Gousto Says No with Extra £30M Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=21366e14b4&e=2715c96b29) - AgFunder
Perwyn led the round, bringing total funds raised to over £100m. Investment will go towards hiring over 100 tech employees by 2020 as well as grow its customer base.
Mylk Guys Wants to Be the Online Vegan Grocery Store That Non-Vegans Can Love (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ed65711112&e=2715c96b29) - TechCrunch
The company aims to be a testing ground and platform for plant-based and alternative meat products. It has raised $2.5m in support of that vision from investors, including Khosla Ventures, Pear Ventures and Fifty Years.
Amazon's Most Ambitious Research Project Is a Convenience Store (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=31ff55c6a6&e=2715c96b29) - Bloomberg
Jeff Bezos and his company have spent seven years and hundreds of millions of dollars getting rid of cashiers. Will it pay off?
China's Luckin Coffee Is Taking on Starbucks in More Big Markets (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d14631318e&e=2715c96b29) - CNN
Luckin Coffee will partner with Kuwait-based company The Americana Group to set up a coffee retail business in the Middle East and India.
Moink Wants to Help Small-Scale Regenerative Farmers Get Fairer Prices (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=728ecc56f7&e=2715c96b29) - AgFunder
The e-commerce platform offers a subscription meat box service featuring products aggregated from small family farms at prices that are fair to the farmers.
UK: Sainsbury Teams Up With Amazon-Backed Deliveroo on Pizza (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b1f661fb92&e=2715c96b29) - Bloomberg
Customers will also be able to order snacks and drinks from the supermarket chain as part of the 2 month trial.
Blue Bottle Coffee: How a Struggling Clarinet Player Used $15K in Credit Card Debt to Launch a $700M Brand (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=707ea9b70a&e=2715c96b29) - CNBC
Blue Bottle founder James Freeman left behind a career playing the clarinet to roast his own coffee beans in a small potting shed and sell the resulting coffee at Bay Area farmers markets.
Kraft Heinz Launches a Meal Planning App That Links to Digital Carts (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=428004d14f&e=2715c96b29) - Grocery Dive
Evolv Group, the tech arm of Kraft Heinz, has launched an AI powered meal planning app called Meal Hero. Using taste preferences and ratings from users, the app develops personalized meal suggestions and automatically generates interactive shopping lists.
kiosk
RESTAURANTS
UK: Uber Is Launching a Restaurant "Accelerator" to Fill the Gaps It Sees on Uber Eats (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ac719f68c5&e=2715c96b29) - Quartz
Uber plans to launch a restaurant accelerator program in partnership with Karma Kitchen in London. Restaurants selected for the 3 week program will work on everything from photographing food to streamlining delivery operations.
Self-Service Kiosk Market to Reach $30.8B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=469c9cacf4&e=2715c96b29) - Restaurant Dive
Self-order kiosks are making an increasing appearance at QSR restaurants as different retailers look for ways to provide consumers with a tech-driven experience.
UK: Deliveroo to Start Supplying Ingredients to Partner Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6ad0d9f0fe&e=2715c96b29) - The National
The new Food Procurement arm allows restaurants to buy ingredients and supplies at better prices through Deliveroo. Restaurants will be able to save more than 20% on their ingredients bills.
My Compliments to the Chef, Er, Robot (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5afc7e5ea0&e=2715c96b29) - Wall Street Journal
A growing number of restaurants throughout town are using machines to prepare all manners of food and drink, in many cases replacing employees.
Postmates CEO's Labor Values Aren't As Progressive As They Seem (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5a9d7fd42e&e=2715c96b29) - Eater
While Bastian Lehmann's recent op-ed reads as pro labor, CEOs in the gig economy are mostly trying to help themselves.
California Bill Clears Path for Guests to Bring Their Own Cups, Containers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=04f5cea2bd&e=2715c96b29) - Nation's Restaurant News
A new law in California makes it easier for restaurants to allow reusable takeout cups and containers brought in by guests, part of an ongoing effort to reduce dependence on single-use plastics.
GrubHub is Buying up Thousands of Restaurant Web Addresses. That Means Mom and Pop Can't Own Their Slice of the Internet (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d7924bfa83&e=2715c96b29) - The New Food Economy
It also appears to publish shadow pages without owners' consent—sometimes in direct competition with real websites.
Cosmic Crisp
AGRICULTURE
After Two Decades of R&D, The Cosmic Crisp Apple Lands This Fall. It Could Disrupt an Entire Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9484d83486&e=2715c96b29) - California Sunday
The Cosmic Crisp is the result of crossbreeding the Honeycrisp and Enterprise, a late-ripening, long-storing apple.
Landlocked Nebraska Town May Hold Key to Fish Farming Quandary (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ce46712d0d&e=2715c96b29) - Bloomberg
European powerhouses Royal DSM and Evonic Industries have built a $200m plant called Veramaris that they claim will make enough algae-based oil to meet 15% of annual demand from the $1.5b global salmon-farming industry.
FluroSat Scores $3.2m Seed Funding Led by Microsoft's M12 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6a01c7a640&e=2715c96b29) - AgFunder
Focused on cotton and grain production, FluroSat's flagship product FluroSense uses hyperspectral imaging to predict disease and support better crop health decision making.
Farmobile Banks New Funding from Equipment Group Ag Growth International (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b5aed65206&e=2715c96b29) - AgFunder
Ag Growth International led the round. Farmobile plans to use the new funding to expand its storage and data management services to farmers around the world.
Senator Bernie Sanders Talks Rural and Agriculture Issues at Iowa Farmers Union Summer Picnic (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c117362efa&e=2715c96b29) - Iowa State Daily
Sanders believes the American people strongly prefer family-based agriculture and called for breaking up the agribusiness monopolies.
NewLeaf & Joyn Bio Are Latest Biologics Startups to Partner on Microbes (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7dec2f36f2&e=2715c96b29) - AgFunder
Biologics hold substantial promise for a more sustainable food system, but with millions of microbes to sort through, startups are turning to partnerships to hunt for the most promising strains in the bacterial haystack.
Foetus Serums and Deforestation: Just How Green Is Fake Meat Really? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8a8c1a4ee5&e=2715c96b29) - The Telegraph
Plant-based and lab-grown meats are set to see increases in demand but there are concerns around environmental impacts and animal friendliness.
Rogue Weedkiller Vapors Are Threatening Soybean Science (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a7cb83ad11&e=2715c96b29) - NPR
Scientists at four leading universities have seen their soybean experiments injured by a stealthy vandal: drifting fumes from a weedkiller called dicamba, now popular among farmers.
Technology, Temporary Help Keep Farmers on Job Longer (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=675a231fb8&e=2715c96b29) - Associated Press
With time and money invested in land and equipment, some older farmers are reluctant to cede their operations to younger workers. Technological advancements have made it easier for them to work longer.
China: Chinese Buyers Seek Tariff Exemptions for US Farm Goods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0638d378c6&e=2715c96b29) - Bloomberg
Some Chinese companies are applying for tariff exemptions as they make inquiries about buying US agricultural products.
US Farmers Now Face Extreme Heat Wave After Floods and Trade War (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=13c78eabef&e=2715c96b29) - CNBC
In the past year, torrential rains have dumped water on US farmers' lands, destroying acreage and delaying crops from getting planted on time. Now, farmers face a stifling heat wave spreading across the US, expected to be the worst in farm states.
USDA Official: Climate Science Plan Wasn't Supposed to Be Public (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=988820e04f&e=2715c96b29) - Politico
Several USDA agencies contributed to the multiyear plan, which outlines how the department should help agriculture understand, adapt to and minimize the effects of climate change.
business of food
EATERS
So This Is What 2019 Tastes Like (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b045eb3a81&e=2715c96b29) - Fast Company
Fast Company explores the new business of food.
Spinn Coffee's First Shipment is 'Imminent' as Company Raises $2.5M in Additional Financing (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=134c467411&e=2715c96b29) - The Spoon
The grind and brew coffee maker that's over two years late is about to ship. Additional financing came from a convertible note on a $40m company valuation.
Entrepreneurship in Food. Here's Why That Matters to You (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=983955b2c8&e=2715c96b29) - Inc.
Last week, the James Beard Foundation announced their list of 20 fellows who comprise their 2019 Women's Entrepreneurial Leadership program. Here are three takeaways from the WEL's list of fellows, with applications well beyond the restaurant kitchen.
50 Years After Apollo 11, Here's What (And How) Astronauts Are Eating (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d305f8f5ce&e=2715c96b29) - NPR
Ever since astronaut John Glenn's first bite of applesauce in 1962, eating in space has been a challenge. NPR talks to former NASA food scientists to see how cosmic cuisine has evolved over the years.
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LATEST JOB LISTINGS
Director of Culinary Operations at Sprinly (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=70f35a3b3b&e=2715c96b29) - Cleveland, OH
Production Manager at Frame Partners (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e61ed3ed59&e=2715c96b29) - San Francisco, CA
Head of Brand at 12 Tides Seaweed Co. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=29d3a6c06b&e=2715c96b29) - San Francisco, CA
Quality Assurance Manager at AeroFarms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b0a09453d3&e=2715c96b29) - Newark, NJ
Sales Planning Manager at AeroFarms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2b03907379&e=2715c96b29) - Newark, NJ
Sales Account Manager at AeroFarms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9b8406b759&e=2715c96b29) - Newark, NJ
Sales & Marketing Coordinator at AeroFarms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1f0ba30d8f&e=2715c96b29) - Newark, NJ
Retail Sales Coordinator at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=715f155ef7&e=2715c96b29) - Brooklyn, NY
Kitchen Manager at Hudson Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=baeeb1e113&e=2715c96b29) - Kearny, NJ
VP Business Development at Brightseed (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c9d00fac3a&e=2715c96b29) - San Francisco, CA
IT & Data Manager at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8dcc333c69&e=2715c96b29) - Remote
Manager of Foodservice at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=09636d34ea&e=2715c96b29) - Remote
General Manager at Philo Ridge Farm at Bio-Logical Capital (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=db85d927fd&e=2715c96b29) - Charlotte, VT
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