Latest food tech and innovation news, jobs and events.
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food tech connect
Biodiversity
FEATURED
39 Food Industry Leaders Explore the Role of Biodiversity in the Food Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=17068ba358&e=2715c96b29)
In honor of Climate Week, we're revisiting our editorial series featuring 39 interviews with CEOs, execs, farmers and investors about the role of biodiversity in the food industry. Read our interviews (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f5acf56344&e=2715c96b29) with Danone, Starbucks, Impossible Foods, Aerofarms, General Mills, Kathleen Merrigan and more.
19 Companies Worth $500B Form Biodiversity Initiative, CircleUp Raises $200M for Credit Division + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=107e3894cc&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=db8da1608f&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.
SPONSORED
good food makers
Calling all food startups looking to scale their circular economy, healthy snacking & personalized meal solutions!
Applications are open for Good Food Makers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e92f326b47&e=2715c96b29) , a flexible 8-week program to help you test, prototype and collaborate with Barilla to solve your immediate challenges. Entrepreneurs selected for this program will tap into Barilla's vast network and expertise in food development, marketing, manufacturing, supply chain and distribution. Join us at our launch party (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=23ddf2a76f&e=2715c96b29) on 10/9 in San Francisco to meet Barilla's team and learn more.
APPLY BY 11/11/19 (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8f4225e2ec&e=2715c96b29)
CPG
Is the New Meat Any Better Than the Old Meat? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e57ad78714&e=2715c96b29) - New York Times
The Impossible Whopper and other plant-based burgers are a hit. But are they an improvement for you and the planet?
Beyond Meat Shorts Lose Over $80M in One Day As Stock Surges on McDonald's Partnership (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a888cf9d90&e=2715c96b29) - CNBC
Beyond Meat's short interest totals $746m. Dusaniwsky says the company is the seventh-most shorted stock among US packaged foods and meats companies.
Canada: Renewal Fund Eyes Earth-Friendly Food for Its C$145M Forth Fund (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fe8e4a27e9&e=2715c96b29) - AgFunder
Favoring organic, waste-conscious companies over "health food" brands is how Renewal differentiates its food thesis from other investors in the food scene.
Hong Kong: Cathay Pacific Adds Vegan Pork to In-Flight Menu (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9ec49b1e52&e=2715c96b29) - Livekindly
The airline will serve Omnipork on all business class flights departing from Hong Kong.
Founder Asprey Steps Down as Bulletproof CEO, Following Year of Turnover (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b4d2367675&e=2715c96b29) - BevNet
He will be replaced by Sovos Brands CFO Larry Bodner. His leave follows a wave of c-suite and leadership exits at Bulletproof throughout 2019.
Plastic Teabags Release Billions of Tiny Particles, Study Says (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6363958d6a&e=2715c96b29) - Bloomberg
A teabag put in near-boiling water produces about 11.6b microplastic granules and 3.1b even smaller nanoplastics, invisible to the human eye.
The Race for Reformation: Making Latin America's Food Healthier at Food Tech Summit (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dd25e896b0&e=2715c96b29) - Food Navigator
From sugar reduction to fiber fortification, LATAM manufacturers are increasingly under pressure to make their products healthier.
Misfit Pivots from Juices to Meat to Save the Planet (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a573048db4&e=2715c96b29) - Nosh
The sausages are made of 50% sustainable chicken and 50% vegetables.
How Big Name Investors Can Change a Brand's Future (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a89d01a46f&e=2715c96b29) - Food Dive
Big name investors can raise the profile of companies, getting other investors to jump in and bringing nationwide attention with them.
Avocado Face Masks, Oat Milk Shampoo: How Health Food Invaded the Beauty Aisle (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b8b928d106&e=2715c96b29) - Vox
Thanks to a collective obsession with wellness and a growing concern about beauty product safety, brands are turning to trendy food ingredients — but do they actually do anything?
veganic
RETAIL
Dublin Is Now Home to Ireland's First Vegan Supermarket (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a76bf8d2f6&e=2715c96b29) - Livekindly
The vegan supermarket, named Veganic, stocks vegan meat, produce, cruelty-free cosmetics and plant-based dog food.
From Voicebots and Loyalty to Data and Delivery: What Are the Next Big Hits (and Misses) in Food Tech? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=03ee86dc63&e=2715c96b29) - The Spoon
In the most recent year we have seen previously hot sectors cool; new sectors take shape; and many B2B platforms that are leading to new cross-sector "enabling technology" plays.
Costco to Sell Plant-Based Burger Made by Beyond Meat's Former Co-Packer (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f8f7ee953c&e=2715c96b29) - Food Dive
Costco stores in six Western states, H-E-B locations in Texas and other retailers will soon be selling a plant-based Better Than Beef Burger made by Don Lee Farms.
Alex Lee to Acquire W. Lee Flowers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fa8883f6af&e=2715c96b29) - Grocery Dive
Terms of the deal were not disclosed. The acquisition will help it move into new markets and achieve cost savings on a wider range of products.
French Supermarkets Are Now Opening on Sundays—Sans Employees (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c2d8523820&e=2715c96b29) - Bloomberg
Unions hate extended hours, but rules intended to protect workers threaten to hasten the disappearance of jobs for checkout clerks.
From Smart Carts to Computer Vision, Checkout Innovations Are Multiplying (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ece717caa4&e=2715c96b29) - Grocery Dive
As tech firms race to bring the Amazon Go experience to supermarkets, established technologies like self-checkout and scan-and-go are stepping up their game.
Dark Stores: The Key To Online Grocery Efficiency And Profitability (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=af478f6ebf&e=2715c96b29) - Forbes
The desire for greater convenience is driving significant growth in online grocery demand.
jose andres
RESTAURANTS
José Andrés Is Raising $50M to Take His Revolutionary Post-Disaster Food Operation to the Next Level (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5cace112b0&e=2715c96b29) - Fast Company
The chef's organization World Central Kitchen, which provides locally cooked meals to survivors in disaster zones, is scaling up to provide even more meals across the globe.
Food Delivery Service DoorDash Says Data Breach Affects 4.9M (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bf32e3ac02&e=2715c96b29) - Bloomberg
The company announced Thursday that a security breach exposed the personal data of 4.9m customers, merchants and delivery workers. Exposed data may include partial bank account numbers.
Tim Hortons Pulls Beyond Meat Products from Most Canada Provinces (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=40e3d3c9e6&e=2715c96b29) - Reuters
Restaurant Brands International Inc's Tim Hortons cut Beyond Meat Inc's burgers and sandwiches from its menu, months after a nationwide roll out at the Canadian breakfast chain.
Uber to Merge Its Rideshare and Eats Apps, Partners with Rachel Ray for a Ghost Kitchen (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2cc280c8b4&e=2715c96b29) - The Spoon
Uber Eats also unveiled an exclusive food delivery partnership with Sweetgreen for its in-house delivery service.
Arby's Parent to Acquire Jimmy John's (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6a9e86d167&e=2715c96b29) - Wall Street Journal
The acquisition of Jimmy John's will make Inspire the fourth-largest US restaurant company, with more than $14b in sales across 11.2k restaurants.
Respecting Non-Formal Culinary Education Is One Way to Empower Women Chefs of Color (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c7b5f11af7&e=2715c96b29) - Eater
How Across Our Kitchen Tables serves the women of Los Angeles.
The Rise of Alcohol-Free Booze (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=547c63f918&e=2715c96b29) - New Yorker
During a time when high-on-life sobriety appears on the rise, non-alcoholic spirits are finding their way onto menus at restaurants and bars.
indoor ag
AGRICULTURE
Indoor AgTech Landscape: 1,000+ Companies Innovating Inside (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5ecfb00224&e=2715c96b29) - AgFunder
Since the Plenty funding in late 2017, we have seen a surge of funding for both sunless and greenhouse approaches. We have recently seen the walls come down between sunless and greenhouse approaches.
Moscow-Based Lab Produces First Sample of Russian Cultivated Meat (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e288ed7d0&e=2715c96b29) - Forbes
The Ochakov Food Ingredients Plant (OKPI) grew a 40-gram sample at the cost of $14k.
PathogenDx Raises $7.5M Series B for Cannabis Pathogen Testing, Eyes Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c544a7c66b&e=2715c96b29) - AgFunder
Cresco Capital Partners, Panther Opportunity Fund, Salveo Capital, Flatiron Venture Partners and others led the round. The new funding will be used to help the startup expand its technology beyond the cannabis space, building its team and global client list in the cannabis industry.
India: Viticulture Startup Terraview Raises $815K in Series A Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=61bf5e3beb&e=2715c96b29) - Entrepreneur
Binny Bansal, Kalyan Krishnamurthy, Sujeet Kumar and Tanglin Venture Partner led the round. Funding will be used to help the company get a deeper understanding of its growing technology and further expansion into Spain, Italy and France.
Investors' High Wears Off As Cannabis Funding Slows, Data Shows (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8be2813c3c&e=2715c96b29) - Crunchbase
Despite the billboards and bubbler of attention for cannabis businesses, Tyler Autera, the co-founder and COO at Cannalysis, thinks it is one of the hardest times to grow a startup within the industry.
Cargill Creates New Business Unit Focused on Animal, Human Health (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8e049a82aa&e=2715c96b29) - Reuters
The new business unit is part of a reorganization of its animal nutrition business. It will now focus on specialty health ingredients and building a digestive and immune business for humans and animals.
Wage Theft, Slavery, and Climate Change on the Outlaw Ocean (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b97c2aa92c&e=2715c96b29) - Civil Eats
In a new book based on years of reporting, Ian Urbina charts the reality of fish poachers, human trafficking and the banal horrors of life at sea.
Ranchers to Trump: We Got You Elected. Now We Need Your Help. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5dd3500fb7&e=2715c96b29) - New Food Economy
As the Senate convened to hear about woes in the livestock sector, tweeters clamored to make cattle pricing great again, and bring back country of origin labeling.
Climate Change Will Make Seafood Scarcer and More Dangerous. It'll Also Change the Taste of Our Favorite Species (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=86f2a3a132&e=2715c96b29) - New Food Economy
New research shows shrimp can lose their flavor when ocean chemistry shifts.
food52
EATERS
Food52, the Recipes & Cookware Site Founded by a Former New York Times Columnist, Is Gobbled Up (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6995fba3d6&e=2715c96b29) - Vox
The Chernin Group is buying a majority stake in Amanda Hesser's startup for $83m. The deal values F52 at more than $100m.
The Vegan Economy (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a50a342b9a&e=2715c96b29) - Bloomberg
The promise is rooted not just in consumers who choose to cut out meat and dairy for ethical reasons but also from the growing ranks of non-vegans concerned about their health — and that of the planet.
A Chocolate-Making Robot Is Preparing to Make World's Best Sweets from Your Kitchen Counter (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=86439f1092&e=2715c96b29) - CNBC
CocoTerra has developed the world's first kitchen countertop chocolate-making appliance. So far, it has raised $2m in angel financing from investors including John Scharffenberger.
Eat Less Red Meat, Scientists Said. Now Some Believe That Was Bad Advice. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d64e9a3a3c&e=2715c96b29) - The New York Times
The evidence is too weak to justify telling individuals to eat less beef and pork, according to new research. The findings "erode public trust," critics said.
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LATEST JOB LISTINGS
Director of Finance and Operations at Parlor Coffee (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1021f99afd&e=2715c96b29) - Brooklyn, NY
Post-Doctoral Fellowship in Food Innovation and Agricultural Technology at Santa Clara University (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7a0a9bd5b7&e=2715c96b29) - Santa Clara, CA
General Manager at Bio-Logical Capital (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=75a420f664&e=2715c96b29) - Charlotte, VT
Head Chef at Bio-Logical Capital (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5fcaa371c7&e=2715c96b29) - Charlotte, VT
Food & Beverage Manager at Bio-Logical Capital (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8dfd4761a9&e=2715c96b29) - Charlotte, VT
Operations Manager Guru at Eclipse Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=215ef70146&e=2715c96b29) - Berkley, CA
Producer Support Operations Specialist at Fair Trade USA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=038101a33a&e=2715c96b29) - Oakland, CA
Sales Development Representative at Leanpat (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e2ed3b30f8&e=2715c96b29) h - Portland, OR
Account Manager at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fd18c98f79&e=2715c96b29) - Portland, OR
Business Development Manager // Enterprise Sales at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d6100cfbc6&e=2715c96b29) - Portland, OR
Director, Customer Success and Account Management at Impossible Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9d45e2b25e&e=2715c96b29) - Redwood City, CA
Retail Sales Associate at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c79c0be438&e=2715c96b29) - Brooklyn, NY
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