Latest food tech and innovation news, jobs and events.
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FEATURED
Kellogg Launches Bleeding Vegan Burger, Hormel Launches Plant-Based Ground Beef + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bab6ec4894&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=18fb4ab57b&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.
EVENT
Regen Agtech
Join us at Regenerative AgTech to learn about the state of regenerative agriculture and how technology is helping farmers regenerate their soils. Indigo Ag (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=05c8fd7b9f&e=2715c96b29) , PastureMap (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=11609bee79&e=2715c96b29) , OpenTEAM (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=95c78a2b6d&e=2715c96b29) , The Rodale Institute (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=11d41768c3&e=2715c96b29) and Applegate's The New Food Collective (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dae39ab036&e=2715c96b29) will be sharing a deep dive into their business models, technologies and certifications.
Do you have a regenerative food, beverage or technology you'd like to sample at this event? Apply here (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=7d97ce5a46&e=2715c96b29) !
RSVP (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f58388963a&e=2715c96b29)
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CPG
Kite Hill, Co-Founded by the Creator of Impossible Foods, Looks to Be Gaining Traction, Too (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=599b3ea163&e=2715c96b29) - TechCrunch
The nine-year-old company is sealing up $15m in funding, bringing total funding to $80m.
Packaging Tech TIPA Raises $25m to Fuel European, Australian, US Growth (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=27b6878209&e=2715c96b29) - AgFunder
Blue Horizon Ventures, Triodos Organic Growth Fund, Chestnut and GreenSoil Investments invested in the compostable packaging startup.
Jaden Smith's Ambitious Plan to Provide Clean Water in Flint – and the Rest of America (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4c68ae0391&e=2715c96b29) - Fast Company
Since launching in 2019, their mobile water filtration device called the Water Box has cleaned 8.5k gallons of water, enough to replace 68k plastic water bottles. It was recently installed at a community center in northern Flint that serves 6k people.
SPINS Releases First State of the Natural Industry Report (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=95f324a190&e=2715c96b29) - Nosh
While overall food and beverage grew only 1.7% year over year, natural grew 5% within the same three year period, reaching $47.2b in dollar volume. Organic food and beverages outpace the total market at 2.8% growth.
Singapore: Food Tech Startup Hoow Foods Raises $1.2M Seed Funding from Killiney Group to Accelerate Operations (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=71252d6072&e=2715c96b29) - e27
With the injection of the seed funding investment, Hoow Foods said that it plans to develop and focus on its R&D and human resources. The startup specializes in reformulation technology.
Impossible Foods Says China Its Top Priority Meat Substitute Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6cc6cea7c0&e=2715c96b29) - New York Times
The firm has already launched its products in Hong Kong and Macau and now ships to 450 restaurants in Asia, but it wants to boost its presence in the Chinese mainland.
Matt Cauble on Changing Consumption with Soylent and Kin (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=12f8a7b9af&e=2715c96b29) - TechCrunch
The co-founder of Soylent and Kin shares tales from the company's early days and describes how they made one of the largest pivots in YC history, from building software-defined radios to meal-replacement shakes.
The World's Largest Protein Companies Are Failing To Address Their Environmental Impacts (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f6824b5bcb&e=2715c96b29) - Forbes
Despite urgent warnings from environmental groups that food producers must do more, many of the largest animal protein companies are failing to take necessary action.
plant based sausage
RETAIL
Kroger Launches Plant-Based Collection (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3d8dd3acd3&e=2715c96b29) - Food Dive
Kroger announced a new private label collection, Simple Truth Plant Based. The line will include fresh meatless burger patties and grinds along with plant-based products.
The World Wastes Tons of Food. A Grocery 'Happy Hour' Is One Answer. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f8770d07ed&e=2715c96b29) - The New York Times
Finnish supermarket S-market slashes its already discounted prices by 60% at 9p each day to reduce food waste and attract regular customers.
Southern California Grocers and Unions Reach Tentative Deal (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9e4766dafb&e=2715c96b29) - Grocery Dive
Although details of the agreement have not been disclosed, it appears the continuation of benefits in tandem with wage increases helped seal the deal with union officials.
How Walmart and Other Big Companies Are Trying to Recruit More Teenage Employees (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2f18cb20ca&e=2715c96b29) - CNBC
Of its 1.4m US workers, less than 25k are in high school. Walmart is now offering high school students free SAT and ACT prep, subsidizing a large chunk of their tuition, and the chance to earn some college credit.
restaurant wage
RESTAURANTS
Restaurant Owners Should Embrace — and Pay Above — the $15 Minimum Wage (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bb4c040ad4&e=2715c96b29) - Eater
Dirt Candy chef-owner Amanda Cohen on the necessary shift higher wages can bring.
Robots May Take and Serve Your Food Order, but Won't Make It Anytime Soon, Ex-Domino's CEO Says (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=acd8e93a65&e=2715c96b29) - CNBC
Doyle is forming a partnership with $233b investment firm The Carlyle Group to acquire companies that have an opportunity to be transformed through technology.
Postmates Charmed Hollywood. Now the $1.85B Delivery Startup Needs to Win Over Everyone Else. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=82abd451b8&e=2715c96b29) - Forbes
The celebrity megaphone helped Postmates survive the early shakeout among food delivery startups by broadcasting an image of hip affluence to millennials in cities like LA and Miami.
Starbucks to Roll Out 'Enhanced' Mental Health Benefits (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3dfd89028b&e=2715c96b29) - Restaurant Dive
The company is planning to boost its mental health offerings through partnerships with key organizations and mental health experts.
Uber Eats to Pull Out of South Korea Amid Tough Competition (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9772155467&e=2715c96b29) - New York Times
Facing intense competition in the world's No.4 online food delivery market, the US company is struggling to revamp its brand in South Korea. Woowa Brothers has a market share with 75%.
Why Young Black Chefs Need Black Mentors (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1e0db4f63b&e=2715c96b29) - Eater
For black chefs, representation can be powerful; when it comes to their mentors, it's vital.
Google Added a Big Blue "Order Online" Button to Many of Its Restaurant Listings. Restaurant Owners Wish It Would Go Away. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0f03394a3d&e=2715c96b29) - New Food Economy
What looks like a direct link to a restaurant website is often funneling money to the biggest delivery apps.
Brex, the Buzzy Credit Card Startup Valued at $2.6B, Is Opening a Restaurant in the Heart of San Francisco's VC District (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=879423839c&e=2715c96b29) - Business Insider
The venture-backed startup decided to revive a neighborhood favorite, South Park Cafe, while introducing a whole new menu and updated vibe.
McDonald's Adds Grubhub, Now Works with America's Three Largest Delivery Services (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a890ee4b2c&e=2715c96b29) - Food & Wine
The chain now works with Uber Eats, DoorDash and Grubhub.
MIT
AGRICULTURE
The Epstein-Funded MIT Lab Has an Ambitious Project That Purports to Revolutionize Agriculture. Insiders Say It's Mostly Smoke and Mirrors. (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e82d49ba6a&e=2715c96b29) - Business Insider
The "personal food computer," a device that senior researcher Caleb Harper presented as helping thousands of people across the globe grow custom, local food, simply doesn't work.
Spain: Novameat Has a Platform for 3D-Printing Steaks and Has New Money to Take It to Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dfdd7e4eca&e=2715c96b29) - TechCrunch
The company has received investment from New Crop Capital. The funds will be used to further develop its platform for accelerating the development of fibrous textured meat replacements.
UK's Cannaray raises £7.8m Series A in major European CBD gambit (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=470cabae62&e=2715c96b29) - AgFunder
British medical marijuana and CBD company Cannaray has just closed a £7.8 million ($9.6 million) Series A funding round, simultaneously revealing its purchase of Therismos, a drug distributor and importer that operates across Europe.
Ecovative Launches Spinoff Company Atlast Food to Create Myceliuim Scaffolding for Meat Alternatives (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bea74b88c8&e=2715c96b29) - The Spoon
Atlast will partner with companies to help them develop bespoke whole cuts of plant-based and cell-based meat.
Malaysia: Cricket Roaster Ento to Take on Beyond Meat after Seed Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=33ea841e60&e=2715c96b29) - AgFunder
Rapzo Capital led the round. The capital will be used to power the company's expansion into Singapore, Indonesia and Thailand over the next 12 months.
There's an Ocean of Opportunity for Startups Targeting the Seafood Industry (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5f9e0fc16a&e=2715c96b29) - TechCrunch
People are looking beyond the shrimp-salmon-tuna triumvirate and learning to love the less familiar, and the rise of seatech is speeding efforts to clear up seafood's notoriously murky supply chain.
Scotland: Making Whiskey Future-Proof: Scientists Identify Drought Resistant Gene in Barley (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5948a0c012&e=2715c96b29) - Beverage Daily
Scientists have identified the gene in barley which is responsible for drought resistance, which could help the Scotch whiskey and wider cereal industry respond to climate change.
Climate Town Hall Brings Food and Agriculture to Center Stage (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4e605286b0&e=2715c96b29) - Civil Eats
Over the course of seven hours last night, 10 of the leading Democratic presidential candidates spoke at length about climate change—and almost all of them included food and agriculture as a climate-change culprit and solution.
Canada: Beekeeping Tech Startup Nectar Raises $1.1M CAD Seed Round (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=73d98170c0&e=2715c96b29) - The Spoon
The round was led by Interdomus Capital. The new funding will help the company grow its presence in North America, and work with leading commercial beekeepers and crop growers.
America's Chicken Industry Accused of Conspiring to Keep Immigrant Wages Down (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8cb7bf1897&e=2715c96b29) - Bloomberg
Companies producing more than 90% of America's chicken have conspired to depress wages for a largely immigrant work force in some of the nation's most dangerous jobs.
Canada: Bee Vectoring Technologies Gets EPA Approval for Its Bee-Delivered Fungicide (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5e0e144f99&e=2715c96b29) - The Spoon
The EPA approved the company's organic fungicide for use on commercial crops. The product is labeled for use on strawberries, blueberries, sunflowers and almonds.
Why NASA Enlisted Tupperware to Help It Grow Vegetables in Space (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f945ff2f8a&e=2715c96b29) - Fast Company
Tupperware is finalizing the modules so they can be mass-manufactured for future spaceflights—as well as our own kitchen countertops.
Big Ag Wants a Cut of Booming Fake-Meat Market (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=29a1c1816a&e=2715c96b29) - New York Times
Bunge Ltd, one the world's biggest grain traders, recently disclosed the 1.6% stake it had purchased in Beyond Meat.
gfi india
EATERS
GFI India: Demand for "Prestige Foods" Will Drive Alt Meat Industry in Emerging Markets (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=648a58947c&e=2715c96b29) - AgFunder
Asia and Africa are home to 80% of the world's population and with rising incomes, they are craving and demanding more animal-sourced foods. India is unique because it has the largest vegetarian population of any population in the world.
Fast Food May Contribute to Teen Depression, Study Says (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e1e2af9930&e=2715c96b29) - CNN
A high fast food, low plant-based diet may contribute to higher levels of sodium and potassium, linked to increasing rates of depression.
More Than 50% of Millennials Trying to Incorporate Plant-Based Foods Into Their Diet (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6c075c1a62&e=2715c96b29) - Forbes
A survey fund that 63% of millennials are trying to incorporate plant-based foods into their diet.
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LATEST JOB LISTINGS
Director, Customer Success and Account Management at Impossible Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=27f1d407f7&e=2715c96b29) - Redwood City, CA
Retail Sales Associate at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=402d1f38e5&e=2715c96b29) - Brooklyn, NY
Chief Financial Guru at East Bali Cashews (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=6f6c7adc95&e=2715c96b29) - Bali, Indonesia
Sales Lead at Pod Foods Co (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=756ba0fb8c&e=2715c96b29) - Los Angeles, CA; New York, NY
Product Services Manager, Dairy at Fair Trade USA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f41f2b5435&e=2715c96b29) - Oakland, CA
Standards Manager, Dairy at Fair Trade USA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=898ab39672&e=2715c96b29) - Oakland, CA
Food Technician at KitchenTown (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b65881cd75&e=2715c96b29) - San Mateo, CA
Director of Finance and Development at The Meat Hook (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=70ec0fc90c&e=2715c96b29) - Brooklyn, NY
Food & Beverage Business Development Manager at New Zealand Trade and Enterprise (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=fcbb36f308&e=2715c96b29) - New York, NY
Assessment and Analytics Manager at The Center for Good Food Purchasing (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=75edbc5fee&e=2715c96b29) - Bay Area, CA; Seattle, WA; Remote
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ee26ee7dcc&e=2715c96b29)
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