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=8f17427796&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=997bd28ede&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.
Packaging
CPG
16 Companies Rethinking Packaging (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7189e5062d&e=2715c96b29) - Food Tank
Packaging waste is a serious pollution problem. The food and beverage industry is the main culprit, but a new trend is bringing promising innovations.
FDA Names 16 Brands of Dog Food That May Be Linked to Canine Heart Disease (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9307d7b2da&e=2715c96b29) - New York Times
Most of the dog foods listed are usually labeled "grain-free" and contain a large proportion of peas, lentils, legume seeds or potatoes.
Anheuser-Busch Buys 'The Fat Jewish' Wine Brand (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5e0ab66021&e=2715c96b29) - Bloomberg
AB InBev is taking full control of Babe Wine, which was co-founded by Instagram influencer Josh Ostrovsky. The deal marks the brewer's largest wine investment to date. Financial terms were not disclosed.
Miss Grass Raises $4M to Launch In-House Cannabis Brand (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4fb457b6ea&e=2715c96b29) - Forbes
This latest raise, led by Miller, will facilitate the launch of Miss Grass product line, as the team expands personnel at its Los Angeles headquarters.
Better Booch Announces $2.5M Funding Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f4ed232c99&e=2715c96b29) - BevNet
Crush Ventures led the round. Funding will allow the brand to grow distribution, including a planned expansion into Colorado.
Plant-Based Meats Sound Healthy, but They're Still Processed Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=85564def37&e=2715c96b29) - Quartz
Increased scrutiy of Beyond Meat and Impossible Foods poses a big question to all meat alternative companies: how do they truthfully communicate what they are making–highly processed foods–to consumers?
Food Makers Crowd Snack Aisle Despite Uneven Growth (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a7f811964a&e=2715c96b29) - Wall Street Journal
Companies look to expand offerings as competition increases from smaller brands, private labels and more delivery options.
Germany: Mars to Buy Majority Stake in Functional Food Business Foodspring (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=400b378a72&e=2715c96b29) - Food Dive
Foodspring will become part of the company's health food segment Mars Edge. Financial terms were not disclosed.
Meat-Eating Agriculture Secretary Tries the Impossible Burger (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d613d06910&e=2715c96b29) - Bloomberg
He said it tasted "very good," and that it was a "good facsimile" of real beef.
LaCroix Fights Sales Drop as Rivals Bubble Up (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=026e05a51c&e=2715c96b29) - Wall Street Journal
LaCroix's faintly flavored bubbly water drove an explosion of sales in its corner of the beverage market. Now rivals are winning over some consumers.
PepsiCo Continues Its Push Away from Plastic Bottles to Address Environmental Concerns (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e4a63f3e7&e=2715c96b29) - Fortune
The company is testing Aquafina in cans.
brandless
RETAIL
SoftBank-Backed Brandless Gets a New CEO Amid Turmoil at the Company (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=142a5743ae&e=2715c96b29) - TechCrunch
Tina Sharkey stepped down as CEO of Brandless last March amid tensions with the company's most prominent investor, SoftBank, which was pushing for the young retailer to turn a profit.
Online Delivery Startup Mercato Closes Fresh Funding to Connect Consumers with Independent Grocers and Local Specialty Food Shops (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=83a0c02f68&e=2715c96b29) - Tech Startups
The round was led by Greycroft. Mercato plans to expand its market base of over 750 grocers across the US, increase sales and marketing, and further develop analytics and services for grocery retailers.
Here's What This Amsterdam-Based Online Supermarket Intends to Do With Its Latest €5M Series A Funding (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5c9c8b7bc2&e=2715c96b29) - Silicon Canals
Robert van der Wallen of Opportunity Partners and Alexander Ribbink participated in the round. The new funds will be used by the startup to further improve its operations infrastructure and tech platform.
How The Amazon Effect on Food Retailers Is Creating a Hot Market for Cold Storage (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bcd79d2857&e=2715c96b29) - Forbes
Americold is the world's largest owner and operator of temperature-controlled warehouses. Its VP of sales discusses the increasing demand for cold storage.
Whole Foods Courts Local Food Makers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8ec0f3f49a&e=2715c96b29) - The Boston Globe
The retailer brought together 250 food entrepreneurs from across the Northeast in an effort to restore its strained relationship with local food makers.
How Apollo Salvaged a Grocery Buyout Gone Horribly Wrong (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7306f7bf9f&e=2715c96b29) - Bloomberg
Deutsche Bank AG and its co-lenders were staring at tens of millions of dollars in potential losses.
cloud kitchen
RESTAURANTS
A Rare Glimpse into the Sweeping – and Potentially Troubling – Cloud Kitchens Trend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c7a54793a0&e=2715c96b29) - TechCrunch
While shared kitchens have so far been optimistically received as a potential pathway for food entrepreneurs to launch and grow their businesses, there are many downsides that may well outweigh the good.
DoorDash Wants to Make Driver Payment Policies More Transparent (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2cf18b81ff&e=2715c96b29) - Restaurant Dive
The company will provide earnings breakdowns after each order is completed as well as update its calculations to increase guarantees for long-distance deliveries.
UK: London-Based Food Discovery App Nez Raises £2M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2b85217a1a&e=2715c96b29) - Tech.eu
Martin Robinson, chairman of Burger King UK, participated in the round.
NYC Probes Third-Party Deliverer's Business Practices (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f7980054f2&e=2715c96b29) - Restaurant Business
In what's believed to be a first-of-its-kind hearing, the City Council pressed operators and outside services for information on how third-party delivery works and what issues need to be resolved.
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=a05c032d4b&e=2715c96b29) - New Food Economy
It also appears to publish shadow pages without owners' consent—sometimes in direct competition with real websites.
Scandinavian Airlines Goes Local With Farm-to-Tray-Table Menus (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3a4a60f12a&e=2715c96b29) - Skift
New Nordic by SAS this month expands its vision of healthy, sustainable eating with the addition of two regularly featured vegetarian or vegan dishes on the airline's 10 different menus in rotation.
FAT Brands to Expand Via Ghost Kitchens (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=58a94a903c&e=2715c96b29) - Restaurant Dive
The strategy could help the restaurant group grow Fatburger's delivery footprint and boost sales for its franchisees by cooking burgers at sister brand locations.
calysta
AGRICULTURE
Two Startups Converting Methane into Animal Feed Raise Funding from Gas Giants in Europe & Asia (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c98a0b0aca&e=2715c96b29) - AgFunder
California-based Calysta has raised $30m from BP Ventures to obtain methane supplies to feed the microbes that power its gas fermentation process India-based String Bio has raised an undisclosed sum from Oil & Natural Gas Corporation, Seventure Partners, Ankur Capital and more.
The US Has So Many Fat Pigs That Pork Prices Are at Decade Low (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cc00215608&e=2715c96b29) - Bloomberg
Wholesale prices are at the lowest for this time of year in a decade. That's thanks to a huge expansion in the American hog herd, which just hit its highest mark since 1943.
On a Tiny, Isolated Island, USDA Scientists Race to Prep for the Pork-Pocalypse (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=211c5929e7&e=2715c96b29) - New Food Economy
If an African Swine Fever outbreak hits the US, officials are planning for the worst—by training veterinarians how to assess a spleen.
How US Agricultural Subsidies Degrade Land and Soil (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c310e69d2d&e=2715c96b29) - Food Tank
Subsidies should reward farmers for regenerating and building soil health.
Netherlands: Dutch Farm Floats Possibilities of Urban Dairy Production (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d5ff6efe97&e=2715c96b29) - New York Times
Peter van Wingerden's dairy farm smells just like any other farm — the rich aroma of cow manure and grass hangs in the air around the unusual stable housing the cattle. The farm itself is far from traditional.
livongo
EATERS
Digital Health Startup Livongo Files for $200M Public Offering (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4237443d67&e=2715c96b29) - Wall Street Journal
The company could raise up to $200m in its public debut, valuing the company at more than $2b.
A Performance-Enhancing Pill Based on the Gut Bacteria of Elite Athletes Is in the Works (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cdcc5eca1c&e=2715c96b29) - CNBC
FitBiomics is developing a prototype of a probiotic supplement containing Veillonella from elite athletes for commercial use.
Being Hungry In America Is Hard Work. Food Banks Need Your Help (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e0a4102eb5&e=2715c96b29) - NPR
Even with visits to the local pantry, many families struggle to get enough to eat, as writer Tamara Gane knows first-hand. Food banks say rethinking our donations could help them stretch their money.
Chef Launches Ends+Stems to Help Consumers Plan Their Meals and Waste Less Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=33a4d21463&e=2715c96b29) - AgFunder
Ends+Stems has launched a new food waste-focused meal planning app that generates chef-backed grocery lists and meal plans.
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c75fe29ba5&e=2715c96b29
LATEST JOB LISTINGS
IT & Data Manager at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6319c89261&e=2715c96b29) - Remote
Manager of Foodservice at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0e69d55d0b&e=2715c96b29) - Remote
General Manager at Philo Ridge Farm at Bio-Logical Capital (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3164f41ff4&e=2715c96b29) - Charlotte, VT
Marketing Director at Mother's Market & Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a806be362b&e=2715c96b29) - California
Food Process Engineer (The Food-E) at Eclipse Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=857621e118&e=2715c96b29) - Berkeley, CA
External Operations Experto (XOXO) at Eclipse Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c2d0bff6d0&e=2715c96b29) - Berkeley, CA
The Mighty Marketer at Eclipse Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=844036e6b0&e=2715c96b29) - Berkeley, CA
Farm Account Executive - Sales at Barn2Door (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ad21d51b91&e=2715c96b29) - Seattle, WA
Supply Chain Analyst at Just Salad (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b3631559b3&e=2715c96b29) - New York, NY
Co-Founder / CEO - Dietary Supplement at Sugarbreak (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=76cbbc9cb4&e=2715c96b29) - New York, NY
Product Marketing Manager - Crop Marketing at Farmers Business Network (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3ecb567f56&e=2715c96b29) - Chicago, IL
Sales Associate at BentoBox (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0c46b02af5&e=2715c96b29) - New York, NY
Design Intern at Gotham Greens (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9328e7f2b8&e=2715c96b29) - Brooklyn, NY
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1e74d2acde&e=2715c96b29)
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