Latest food tech and innovation news, jobs and events.
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food tech connect
regenerative ag
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=680911b78d&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=57d4d769e3&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=441fbc6d70&e=2715c96b29) , HUNGRY (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7ad372714d&e=2715c96b29) and Harri's (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=383c0f1762&e=2715c96b29) business models and technologies. You'll also be able to demo cutting edge restaurant technologies and sample innovative food & beverages.
A huge thanks to our partners WeWork Food Labs (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e6d6b904d4&e=2715c96b29) , OpenTable (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8fbf15b3e6&e=2715c96b29) , James Beard Foundation (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9b20340b28&e=2715c96b29) & Brooklyn Brewery (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ed2dec3f72&e=2715c96b29) .
RSVP NOW (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=33f57557a6&e=2715c96b29)
prime roots
CPG
Plant-Based Food Market Value Hits $4.5B, with Sales Growing 11% in the Past Year (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=45222a1628&e=2715c96b29) - Food Dive
Sales of plant-based yogurt saw the highest growth at 39%, while conventional yogurt sales fell 3%. Refrigerated plant-based meat increased 37%, while sales in the conventional meat category grew by 2%.
Health-Ade Lands $20M Coke Equity Investment (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=463fad8fbc&e=2715c96b29) - BevNet
Along with Coke, Health-Ade investors included CAVU Venture Partners.
This $20 Ice Cream Is Made with Dairy Grown in Lab – and It Sold Out Immediately (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=77dc5a5fdb&e=2715c96b29) - CNBC
Perfect Day Foods debuted its cow-free real dairy ice cream online and 3k pints sold out within hours.
Hippeas Creator Turns from Puffs to Personalization with Buddy Nutrition Launch (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=81974b6f64&e=2715c96b29) - Nosh
Hippeas creator Livio Bisterzo and Dan Obegi of GNC have joined forces and raised $1.7m to launch Buddy Nutrition, a personalized nutrition service. Forerunner Ventures and Strand Equity led the round.
Prime Roots Makes Super Protein Building Blocks (and Bacon) from Mushroom Roots (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c75330cd0a&e=2715c96b29) - The Spoon
Formerly operating as Terramino Foods, the startup is using mycelium that offer the ability to customize nutritional content, flavor and texture. It plans to launch online when its products are priced competitively with meat.
Wall Street's Great Ice Cream Buyout (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a6d9e4e758&e=2715c96b29) - Bloomberg
Private equity is snapping up refrigerated warehouses. That could make it harder for small food makers to sell their wares.
I Started a Successful Food Company in College. By 25, I Had to Quit. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b365847085&e=2715c96b29) - Bon Appetit
Ann Yang, co-founder of Misfit Foods, recently decided to leave the company in order to prioritize her mental health. Here, she reflects on depression, class struggle and the myths of entrepreneurship.
Nestlé Selects AI-Driven Analytics Firm Enterra to Build Platform for Marketing, Autonomous Sales (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=41b910e8cf&e=2715c96b29) - Forbes
Nestlé USA and Enterra Solutions are building are building AI systems that will analyze a wide range of data and help the food and beverage giant make better, faster decisions.
Givaudan & Buhler to Accelerate Market Access for Food Startups in Switzerland (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=44f144a46e&e=2715c96b29) - Bakery & Snacks
The partnership will host mentor and entrepreneurs at their respective innovation centers, providing the support a startup needs to scale up and commercialize.
Budweiser Launches Limited Edition Lager to Connect with Farmers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=04d1ae6438&e=2715c96b29) - Food Dive
The beer was developed in collaboration with farmers who have supplied barley to Budweiser for generations.
beyond burger
RETAIL
Blue Apron Surges Most Since IPO on Beyond Meat Partnership (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1ac1d1dadf&e=2715c96b29) - Bloomberg
Blue Apron will begin introducing products from Beyond Meat on its menus in August. Shares rose as much as 78% on Tuesday.
All That Online Grocery Shopping Is Causing a Cold Storage Shortage (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=42bc62da42&e=2715c96b29) - Los Angeles Times
To keep pace, the country will need 100m sf of new cold storage warehouse space over the next five years.
Instacart Workers Say the Grocery App Is Manipulating Them Into Low-Paying Deliveries (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=53cca885cc&e=2715c96b29) - Eater
The gig economy continues to squeeze workers to keep customers happy and prices low.
Grocers Embrace Latest Foodservice Trend (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=be23c2b18f&e=2715c96b29) - Grocery Dive
More Americans are enjoying the convenience and flavor of bowl-style meals, and food retailers have taken note.
Egyptian Startup Weelo Wants to Offer a Digital Grocery Shopping Experience That Benefits Consumers, Supermarkets and Suppliers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e6f834792&e=2715c96b29) - Entrepreneur
The grocery e-commerce space is one that's been seeing a lot of interest lately in the Middle East, and Egyptian startup Weelo has found a certain niche in this space.
everytable
RESTAURANTS
Everytable Raises Fresh Funds to Make Healthy Fast Food Affordable (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=df66ad22f7&e=2715c96b29) - Bloomberg
The restaurant chain bringing healthy meals to underserved communities has closed a $7m round to expand its subscription service and SmartFridge business and open 13 new stores by the end of the year.
Sweetgreen, Pointing to Its Own Past, Hatches New Model (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ea0c4eb411&e=2715c96b29) - Wall Street Journal
The company says it's so much more than salad—and wants to change the way it serves up both food and new ideas, its three founders say. Inside their "Sweetgreen 3.0" project.
Postmates Has Explored a Sale to Uber or DoorDash Instead of Going Public (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1b1d056669&e=2715c96b29) - Recode
Food delivery prices, labor rights and the state of the IPO market are all at stake.
Fast Casual Restaurant Industry Is Set to Continue Booming (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c464f78ee2&e=2715c96b29) - New York Post
Fast casual and quick service restaurants have accounted for 35% of all food and beverage leases in Manhattan since 2016. New Yorkers spend 130% more on food outside their homes than do people anywhere else in the US.
Dig Inn Is Now Dig. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e284acd608&e=2715c96b29) - Dig Inn
After nearly eight years, the restaurant chain is dropping the 'Inn'. Here it shares its evolution.
Protests Over Waitr's Fee Structure Highlight How Flawed Third-Party Food Delivery Is — For Everyone (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cd80276446&e=2715c96b29) - The Spoon
The protests are in response to the company's recent adjustments to its terms and fee structure deal it has with participating restaurants.
Rethink Food Converts Restaurant Excess Into New Meals (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b71abc04f0&e=2715c96b29) - Bloomberg
Matt Jozwiak, former Eleven Madison Park chef and now head of the Brooklyn-based nonprofit Rethink Food NYC, talks about repurposing excess restaurant food into new meals, and the economic cost of food waste.
McDonald's Deal with DoorDash Delivers Blow to Uber Eats (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d3d159fef3&e=2715c96b29) - Wall Street Journal
DoorDash will start making deliveries from McDonald's restaurants in Houston later this month, a blow to Uber Technologies' deal to ferry the burger giant's food to customers in the US.
Domino's Will Launch GPS Tracking for Delivery Orders by End of 2019 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2cb3f1638a&e=2715c96b29) - CNBC
The pizza chain will help restaurant operators make their delivery process more efficient.
caviar
AGRICULTURE
China Produces Loads of "Black Gold," But Will Caviar Lovers Bite? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9246419bad&e=2715c96b29) - Quartz
By 2020, China is projected to consume 100 tons of caviar every year. The global caviar market will be worth $1.55b by 2021, up almost 75% from 2016.
Why MIT's Social Tech Incubator Is Launching an Investment Fund (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7c02f9858c&e=2715c96b29) - Fast Company
MIT Solve is now going to start backing small, for-profit ventures taking on global issues, from access to clean water to the need for a circular economy.
This 22-Part Plan Is How We Can Feed the World by 2050 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=da5f0359d6&e=2715c96b29) - Fast Company
We need to slash emissions from agriculture while at the same time feeding billions more people. It's a difficult task, but there's a path forward to make it work.
Feeding 10B People Will Require Genetically Modified Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=27354f35a3&e=2715c96b29) - Bloomberg
A new report published by the World Resources Institute outlines a "menu of solutions to feed nearly 10b people by 2050."
UK: True Cost of Cheap Food Is Health and Climate Cries, Says Commission (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=676dc1c0ec&e=2715c96b29) - The Guardian
Radical change needed to make UK food and farming system sustainable within 10 years.
Tractor Zoom Snags Follow-On Funding to Help Modernize Antiquated Equipment Buying Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d4e6597ead&e=2715c96b29) - AgFunder
The startup captured an undisclosed investment from Ag Startup Engine to help it add to its own team while growing into agricultural regions beyond the Corn Belt.
The Vietnam Seafood Industry Seeks to Scale Up Sustainability, Shrimp Farm by Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b9a0462141&e=2715c96b29) - Forbes
Minh Phu is launching an ambitious campaign to help 20k small-scale Vietnamese shrimp farms adopt practices that will qualify them for Seafood Watch's Best Choice rating.
Making Drones Work for Small Farmers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9205115ad2&e=2715c96b29) - Food Tank
Drones for agriculture are increasingly popular, but technology needs tailoring to small farmers' needs and diverse crops if UAVs are to take off across the developing world.
Spirulina Is a Viable Source of Protein and Can Grow Anywhere, Even Brooklyn (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5fa8776619&e=2715c96b29) - Forbes
We Are the New Farmers is growing fresh spirulina in a year-round urban farming facility in Brooklyn.
Corporate Inaction on Deforestation Amounts to $30B in Losses – and Counting (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=606151f636&e=2715c96b29) - AgFunder
Corporations with commitments to end deforestation across their supply chains are woefully at risk of failure.
Half the World's Pigs Are Facing the Largest Animal Disease Outbreak in History (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=acd7bb7758&e=2715c96b29) - Food Tank
Slaughter data suggest that up to 100m hogs could be removed from China, potentially reducing production by 20%.
obesity
EATERS
Latin America's War on Obesity Could Be a Model for the US (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a0da9ce90a&e=2715c96b29) - The Washington Post
With obesity levels skyrocketing, Americans can learn an important lesson from Latin America on promoting healthier eating habits.
Months After Significant Layoffs, Joule Cooking Device Maker ChefSteps Acquired by Breville (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=03f867232c&e=2715c96b29) - GeekWire
Terms of the deal were not disclosed.
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LATEST JOB LISTINGS
Production Manager at Frame Partners (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4453e5fe5d&e=2715c96b29) - San Francisco, CA
Head of Brand at 12 Tides Seaweed Co. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=658ebc8dec&e=2715c96b29) - San Francisco, CA
Quality Assurance Manager at AeroFarms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bf4acb77d9&e=2715c96b29) - Newark, NJ
Sales Planning Manager at AeroFarms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=29a2efcde1&e=2715c96b29) - Newark, NJ
Sales Account Manager at AeroFarms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b66d35c03a&e=2715c96b29) - Newark, NJ
Sales & Marketing Coordinator at AeroFarms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=92ba861a35&e=2715c96b29) - Newark, NJ
Retail Sales Coordinator at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c89e60865a&e=2715c96b29) - Brooklyn, NY
Kitchen Manager at Hudson Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=15e14ee37a&e=2715c96b29) - Kearny, NJ
VP Business Development at Brightseed (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=455ab2eec4&e=2715c96b29) - San Francisco, CA
IT & Data Manager at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9ea9cf5413&e=2715c96b29) - Remote
Manager of Foodservice at The Good Food Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=20cf6e6ca8&e=2715c96b29) - Remote
General Manager at Philo Ridge Farm at Bio-Logical Capital (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c3446cbfee&e=2715c96b29) - Charlotte, VT
Marketing Director at Mother's Market & Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0cc81545d7&e=2715c96b29) - California
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We created this open-source list to increase representation, support and investment in women, women of color & gender-nonconforming innovators in food. Join the list (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=90ba1bae9b&e=2715c96b29) & help us spread the word using #womxninfood
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