Latest food tech and innovation news, jobs and events.
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food tech connect
dirty lemon
FEATURED
Insect Protein to Reach $8B, Dirty Lemon Creator to Spend $100M on New Beverages + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ee8641c5df&e=2715c96b29)
Our round-up of last week's top food innovation news.
Biodiversity Plays a Key Role in the Future of Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f3725cc227&e=2715c96b29) - SmartBrief
Food industry experts at the Menus of Change conference discussed the important role biodiversity plays in the future of food and what chefs and food companies can do to promote a more diverse range of foods.
2018 U.S. Food & Beverage Startup Investment Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b939c8034a&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.
sweet reason
CPG
Canadian Startup Sweet Reason Has Sparkling Spin on CBD Beverages (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f2e207389a&e=2715c96b29) - TechCrunch
Sweet Reason now has $2.5m in new financing thanks to a seed financing round led by Lerer Hippeau. The brand is now selling in New York and around the country through online sales channels.
Finland: Would You Eat a Burger Made Out of CO2 Captured from the Air? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d6c9fc51c2&e=2715c96b29) - Fast Company
Solar Foods has developed a process to use renewable electricity and CO2 to produce an ingredient that contains 50% protein. The company planning to apply for a food license from the EU later to begin commercial production in 2021.
Budweiser Readies Year's Biggest IPO, Tapping Asia's Growing Thirst (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=324af03116&e=2715c96b29) - Wall Street Journal
Anheuser-Busch InBev's Asia-Pacific unit is seeking to raise as much as $9.8b in what could be the biggest-ever listing of a food or drink company.
Vegan 'Meat' Makers Sue Mississippi Over What to Call It (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1aa596dc8c&e=2715c96b29) - Bloomberg
Food companies say the meat industry is trying to protect its turf by preventing them from linking their products to popular items like burgers and hot dogs.
Nestle Announces New Blockchain Initiative Separate From Ongoing IBM Project (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=01662e06fd&e=2715c96b29) - Coindesk
The firm partnered with OpenSC, a blockchain platform, to develop the distributed ledger system which will be separate and distinct from Nestlé's ongoing participation with IBM Food Trust blockchain.
Plant-Based Meat Startups Have Cracked Beef, But What About Chicken? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e351aa1c9e&e=2715c96b29) - AgFunder
Plant-based ground beef has become a staple at several fast food restaurants across the US. Now, food retailers are demanding other alternatives, but creating viable plant-based alternatives for dairy, seafood, and poultry could prove trickier.
Every US Region Seeing Serious Growth in Natural Food and Beverage Sales (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dd2fd3ae99&e=2715c96b29) - New Hope Network
This piece is part of the the Good Food Insights series, a collaboration with FamilyFarmed and Esca Bona, which unpacks the dynamics driving the good food movement.
Performance Food to Buy Reinhart for $2B (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=899514c31a&e=2715c96b29) - MarketWatch
Food distributor Performance Food Group has agreed to acquire privately held rival Reinhart Foodservice for $2b in a bid to build scale and tackle rising costs.
From Discount Retailer Distribution to Op-Ex Budget Adherence, Bobo's CEO Shares Tips for a Healthy Bank Balance (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=efd92c59fc&e=2715c96b29) - Food Navigator
TJ Maxx, Marshalls and other discount clothing stores may not be a food or beverage startup's first choice for distribution or a strategic way to build brand awareness, but they can bring in much-needed cash during a company's first few years.
With Dirt Kitchen & CaPao, Mondelēz Tests New Launch Strategies (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6011cc0725&e=2715c96b29) - Nosh
SnackFutures is dipping its toes into some of the most current entrepreneurial go to market strategies.
Chobani, Fair Trade USA to Launch Dairy Certification Label (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8b55d6e9e2&e=2715c96b29) - BevNet
Chobani is collaborating with Fair Trade USA on a new label that certifies the milk used in its products is sourced from farms that meet "comprehensive" standards for animal welfare and employee rights.
Decomer Makes Plant-Based Water-Soluble Packaging to Fight Plastic Waste (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1baaab55a9&e=2715c96b29) - The Spoon
Decomer's first product will be water-soluble honey packages. Called "honey drops," these little balls are meant to be stirred into tea or coffee.
pod foods
RETAIL
Pod Foods Gets VC Backing to Reinvent Grocery Distribution (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=de3266ec5a&e=2715c96b29) - TechCrunch
The company has closed a $3m seed round led by Moment Ventures to fuel the growth of its software and data-enabled platform.
'We Are in a Unique Position Because of Our Scale': Whole Foods Wants to Be a Clean Beauty Destination (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b67ca72149&e=2715c96b29) - Glossy
Whole Foods Market has been selling beauty products since it was founded in 1980 in its 500 doors, but as clean beauty and wellness have become mainstream, the Amazon-owned grocery store and market wants to be known as a beauty destination.
Report: 66% of Shoppers Will Buy More Groceries Online in the Next 5 Years (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3a320ad6e3&e=2715c96b29) - Grocery Dive
A majority of shoppers who grocery shop online buy from Walmart (82%), while 35% purchase from Amazon and 29% from Target.
Walmart Is Investing $1.2B in China (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c99a503b91&e=2715c96b29) - CNN
The retail giant plant to invest in distribution centers over the next two decades.
China: Grocery Startup Seeks $500M as Chinese VC Funding Gets Tougher (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=964dedfe6b&e=2715c96b29) - Bloomberg
Tencent Holdings-backed grocery delivery startup Missfresh is looking to fetch a valuation of at least $3b.
UK Watchdog Probes Amazon's $575M Bet on Deliveroo (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4d288e2b84&e=2715c96b29) - Forbes
The Competition and Markets Authority (CMA) issued an initial enforcement order on Friday over fears that the two companies have "ceased to be distinct."
How Costco Gained a Cult Following – by Breaking Every Rule of Retail (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9f53c7f55b&e=2715c96b29) - The Hustle
Costco has found immense success by prioritizing the interests of its customers and employees over those of its shareholders.
ghost kitchens
RESTAURANTS
The Rise of the "Ghost Kitchen" Could Change the Restaurant Delivery Game (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5fb76ca12f&e=2715c96b29) - New Food Economy
Delivery-only restaurants, run out of low-rent kitchens without a storefront, are shifting the landscape of ordering food online.
NYC's CBD Edibles Ban Has Officially Gone Into Effect (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f6c6d7b8d1&e=2715c96b29) - Gothamist
Health inspectors will now be authorized to look for CBD food-and-beverage products as part of routine food safety inspections. Any such products will be embargoed—but they will not be issuing violations subject to fines until October 1st.
We've Just Lived Through the Greatest Period of Restaurant Growth in US History. Here's Why It's Ending. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b7cc907177&e=2715c96b29) - The Washington Post
A new book explains the sudden death of the golden age of dining out in America.
Uber Eats Now Wants People to Dine In at Restaurants (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=994b68950f&e=2715c96b29) - Eater
A new app option allows customers to pre-order food and then eat it at the restaurant.
Deaths and Injuries Don't Slow Uber Eats' Rapid Expansion in Mexico (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fad688ada3&e=2715c96b29) - The Verge
In the past six months, five Uber Eats couriers in Mexico have died in crashes, and dozens more have been injured. Uber's insurance policy was supposed to help — it hasn't.
E-Commerce Turns the Tables on Restaurant Space (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=07e7f15323&e=2715c96b29) - Wall Street Journal
As food delivery expands across major U.S. cities, a handful of startups are trying to use the latest e-commerce technology to liberate restaurants and grocery stores from pricey, street-facing retail space.
McDonald's Dishes Out QR-Enabled Picnic Blankets for Hot Spot Delivery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=45e3e7b03f&e=2715c96b29) - Mobile Marketer
McDonald's Sweden gave away limited-edition picnic blankets featuring a scannable QR code that lets people place a mobile order for food delivery.
Agrobiodiversity
AGRICULTURE
New Index Helps Countries Boost Food Systems Sustainability (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1c061a93e5&e=2715c96b29) - Food Tank
By tracking how sustainably countries use their agricultural biodiversity—or agrobiodiversity—the Agrobiodiversity Index supports actors within food systems to make better decisions to achieve sustainability and resilience.
The Mycelium Revolution Is Upon Us (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=37993ff59a&e=2715c96b29) - Scientific American
It's the fungus mushrooms are made of, but it can also produce everything from plastics to plant-based meat to a scaffolding for growing organs—and much more.
Beyond Meat Fever Turns the Tiny Pea Into America's Hot New Crop (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=96e49beab0&e=2715c96b29) - Bloomberg
Long an afterthought for most farmers, the tiny legume has suddenly got pulled into the alt-protein craze fueled by the likes of Beyond Meat and the Impossible Burger.
One Man Is Trying to Fight Climate Change By Mobilizing an Unlikely Team: Iowa's Farmers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f0703fb056&e=2715c96b29) - Mother Jones
Russell directs the Iowa branch of Interfaith Power and Light, a nonprofit that promotes a religious response to global warming. Now he preaches that America's farmers are a secret weapon in the climate fight.
Machine Learning Helps Robot Harvest Lettuce for the First Time (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=08cba30a1b&e=2715c96b29) - New Atlas
Engineers from the University of Cambridge have developed a vegetable-picking robot that can autonomously identify and harvest iceberg lettuce, one of the more manually demanding crops for human pickers.
After 10 Years of Rapid Growth, What Does Organic Mean Today? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ac6b2704bc&e=2715c96b29) - Civil Eats
Four experts weigh in on how booming interest in organic food has changed the industry, and what it means for farmers, policymakers and eaters.
Health Food Staple Quinoa May Get Pricier as Peru Eyes China (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e8a0e25f9c&e=2715c96b29) - Bloomberg
Officials from both countries signed late last month a customs agreement in Beijing allowing imports of quinoa from Peru for the first time.
Sri Lanka: Aon, Insurtech Startup Etherisc Launch Blockchain-Based Agriculture Insurance (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=663b02d9b7&e=2715c96b29) - Insurance Journal
Aon plc has partnered with anti-poverty organization Oxfam and insurtech startup Etherisc to launch a blockchain-based platform that provides agriculture insurance for smallholder farmers in Sri Lanka.
EPA: Factory Farms Don't Need to Report Emissions (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=80e7998bc0&e=2715c96b29) - Civil Eats
Environmental groups say a new rule from the agency eliminates one of the only tools providing communities near CAFOs with information about toxic substances in the air.
Farmers Built a Soybean Export Empire Around China. Now They're Fighting to Save It. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=81a4e0b888&e=2715c96b29) - Wall Street Journal
Trade tensions have hammered sales of soybeans to the Chinese, a major export market it took US agriculture decades to create. Growers are traveling to Beijing and Washington to plead their case.
The Quest For Sustainable Seaweed (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=af6fb889ac&e=2715c96b29) - AgFunder
Seaweed is an exciting source of energy, proteins, biodegradable plastics, fertilizers, clothes or pharmaceuticals, but can its production keep up with growing demand?
JBS a Big Winner in USDA Trade War Relief Contracts (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=09162ccaa5&e=2715c96b29) - New Food Economy
The Brazilian agribusiness giant has won more then one quarter of all USDA bailout funds for pork. Critics say that money isn't trickling down to American pork producers.
Fair Trade Helps Farmers, But Not Their Hired Workers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1284ad3347&e=2715c96b29) - NPR
According to a new study of cocoa-producing cooperatives, Fair Trade certification boosts the income of small farmers, but those benefits aren't shared with their hired workers.
cbd
EATERS
Marijuana or Hemp: FDA Says Beware of CBD for These Reasons (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c4df400ddf&e=2715c96b29) - Forbes
The agency recently published a consumer update on its website that addresses some of the many claims surrounding this prevalent cannabinoid and attempts to dispel the notion that it is some kind of risk-free miracle drug.
The USDA Is Lowering Nutritional Standards for School Meals – and Undermining the Health of Millions of Kids (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bb732a68dc&e=2715c96b29) - Fast Company
Just as school food was getting healthier, the U.S. Department of Agriculture is allowing cafeterias to once again serve more sodium, refined grains and sugary, flavored milk. Sweetgreen cofounder Nicolas Jammet thinks kids deserve better.
A Bitter End for Regular Joe? Scientists Engineer a Smooth, Beanless Coffee (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f9f30fdc76&e=2715c96b29) - NPR
After breaking down and analyzing more than 1,000 compounds, the creators of Atomo have made a no-bean brew that is almost exactly like coffee — including the caffeine — but without the bitterness.
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LATEST JOB LISTINGS
Retail Sales Coordinator at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=59b9065053&e=2715c96b29) - Brooklyn, NY
Kitchen Manager at Hudson Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ef1a9f104b&e=2715c96b29) - Kearny, NJ
VP Business Development at Brightseed (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9b3f1c5c75&e=2715c96b29) - San Francisco, CA
IT & Data Manager at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=870446111c&e=2715c96b29) - Remote
Manager of Foodservice at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=807abdf5b2&e=2715c96b29) - Remote
General Manager at Philo Ridge Farm at Bio-Logical Capital (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9bac64d4ac&e=2715c96b29) - Charlotte, VT
Marketing Director at Mother's Market & Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=80839a3667&e=2715c96b29) - California
Food Process Engineer (The Food-E) at Eclipse Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e6bab71e47&e=2715c96b29) - Berkeley, CA
External Operations Experto (XOXO) at Eclipse Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7761274f16&e=2715c96b29) - Berkeley, CA
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Farm Account Executive - Sales at Barn2Door (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a27483092b&e=2715c96b29) - Seattle, WA
Supply Chain Analyst at Just Salad (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5fd3c3d26d&e=2715c96b29) - New York, NY
Co-Founder / CEO - Dietary Supplement at Sugarbreak (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5811f28bd2&e=2715c96b29) - New York, NY
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