Latest food tech and innovation news, jobs and events.
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food tech connect
Popchips
FEATURED
VMG Acquires Popchips & Launches Velocity Snack Brands, Fast Food "Meat" Backlash Explained + More (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=019a12f698&e=2715c96b29)
Our round-up of this 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=230d9e7dec&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.
⚡️ SF EVENT ALERT ⚡️
Rethinking CPG
Join us for Rethinking CPG SF to learn about the business models, technologies and strategies of some of the game-changers who are transforming the food industry. Hear from John Foraker, co-founder & CEO of Once Upon a Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c0ce971e93&e=2715c96b29) , Larissa Russell, co-founder & CEO of Pod Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=9ffb723930&e=2715c96b29) and Livio Bisterzo, founder and CEO of Green Park Brands and co-founder of Buddy Nutrition (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=50ce1cc334&e=2715c96b29) .
You'll also sample products from AKUA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2094533603&e=2715c96b29) , Blue Evolution (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=73ee7c4421&e=2715c96b29) , Burlap & Barrel (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=773a6baa5d&e=2715c96b29) , Kaibae (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8b5ca98f14&e=2715c96b29) , Kuli Kuli (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=491c822e6c&e=2715c96b29) , The Teff Company (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=349504ed76&e=2715c96b29) , Raised Real (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=92476f38de&e=2715c96b29) , Eclipse Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3edc94de14&e=2715c96b29) , Labra (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5a42a0b044&e=2715c96b29) and more.
Are you interested in volunteering at the event? Reach out to daphne@foodtechconnect.com.
RSVP NOW (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c9a8bca7c3&e=2715c96b29)
Beth Ford
CPG
Land O'Lakes CEO Beth Ford And The Changing Landscape of America's Farms (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2fdcb847a0&e=2715c96b29) - 60 Minutes
Lesley Stahl speaks with Beth Ford about the challenges facing farmers today, the opportunities technology offers and what it's like to be the only openly gay, female CEO of a Fortune 500 company.
The End of Big Food (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c1ad8c4a1f&e=2715c96b29) - Politico
The Grocery Manufacturers Association is rebranding to the Consumer Brands Association and pivoting to focus on representing all CPG companies. The rebrand signals the emergence of a new landscape for foodmakers, one in which there is no central, unified lobbying group representing the sector inside the Beltway.
Dean Foods Leaves Dairy Trade Group Because of Labeling Stance (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=956c1ad718&e=2715c96b29) - Food Dive
Dean Foods is giving up its membership in the International Dairy Foods Association because it said the trade group doesn't share one of the company's key priorities: opposing the labeling of plant-based products with dairy terms.
Hershey's C.E.O. Knows How to Get Americans to Indulge (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=642afffb85&e=2715c96b29) - The New York Times
Michele Buck started her career selling Funyuns, Munchos and Cheetos. Then she invented a new holiday for Cool Whip. Today, she runs one of the world's biggest candy companies.
The Growing Personalized Nutrition Market Has A Big New Contender: Nestlé (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c8f6d4f511&e=2715c96b29) - Forbes
Nestlé bought two-year-old startup Persona, a customized vitamins-pack subscription service, to expand into personalized nutrition and compete with the likes of Care/Of, Ritual, GNC and Vitamin Shoppe.
Plant-Based Pigs Will Fly! Cathay Pacific to Dish Out Omnipork (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c2b2a8a3a6&e=2715c96b29) - AgFunder
Cathay Pacific is the world's first airline to serve Green Monday's Omnipork, a plant-based alternative to pork.
Silicon Valley Is Trying Out a New Mantra: Make a Profit (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=67763c2f2f&e=2715c96b29) - The New York Times
Start-up investors are warning of a reckoning after the stumbles of some high-profile "unicorns." Now turning a profit is in.
These Entrepreneurs Made Their Companies Carbon-Neutral. Now They've Teamed Up to Help Others Do the Same (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bdb78b0612&e=2715c96b29) - Inc
Climate Neutral certifies that companies have a carbon footprint of zero.
Algramo
RETAIL
Uber To Buy Latin American Online Grocery Delivery Service, Cornershop (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b2506a8224&e=2715c96b29) - NPR
Uber is getting into the grocery delivery business, at least in Mexico, Chile, Peru and Canada. Details of the agreement were not disclosed.
FreshDirect Shopping Itself After Move to the Bronx Fails (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bfeda2883b&e=2715c96b29) - New York Post
FreshDirect is looking for a buyer after a "poorly planned and executed move" to its new distribution facility in the Bronx.
This Startup is Ditching Plastic Waste by Bringing the Refills to You (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ccfa7dfaf9&e=2715c96b29) - Fast Company
Chilean startup Algramo initially used vending machines to sell refills of staple goods in stores. Now it's expanding to include a mobile refill unit—and it's coming to the U.S.
Skål!: €17 Million More For Matsmart, Sweden's Surplus Food Marketplace (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=dcb7907ae1&e=2715c96b29) - AgFunder
LeadX Capital Partners led the round with participation from Ingka Group (IKEA's parent company), Northzone, D-Ax and Norrsken.
Instacart Delivery Workers Are Planning a Three Day Strike (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cc5cb9ecc9&e=2715c96b29) - Vice
In November, Instacart workers across the country will disrupt operations of the grocery delivery app by cancelling and refusing to take orders.
Square to Begin Payment Processing Program for CBD Sellers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=b822ca373f&e=2715c96b29) - MarketWatch
Square will do due diligence on whether sellers adhere to CBD regulations, but says merchants 'are responsible for their own compliance.'
DoorDash Kitchens
RESTAURANTS
DoorDash Unveils To-Go-Only Virtual Kitchen in Bay Area (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=2c30b72232&e=2715c96b29) - Restaurant Dive
DoorDash launched a shared to-go-only commissary kitchen, called DoorDash Kitchens, offers delivery, pickup and group orders from local and national restaurants such as Nation's Giant Hamburgers, Rooster & Rice, Humphry Slocombe and The Halal Guys.
'Ghost kitchens' Are Taking Over Fast-Food Chains From Chick-fil-A to Wendy's (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=edf0a6e51c&e=2715c96b29) - Business Insider
Wendy's chief development officer said "dark kitchens" would be a significant part of the chain's expansion strategy and said it planned to open two of these delivery-focused locations in the US by the end of the year.
The Biggest Names in Food Delivery Are Getting into the Restaurant Business (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bd28d7a0f4&e=2715c96b29) - Food&Wine
DoorDash, Grubhub, and Uber Eats all made 'virtual restaurant' announcements this month.
Ginkgo Bioworks
AGRICULTURE
Ginkgo Bioworks Raises $350 Million Fund For Biotech Spinouts (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=e8848331fd&e=2715c96b29) - Reuters
Dubbed the Ferment Fund, the investment vehicle will invest in two to three companies using its bio-engineering tech per year.
Pontifax AgTech Holds First Close of Fund II on $140M With $170M Committed (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f022ccc311&e=2715c96b29) - AgFunder
Pontifax is a growth equity fund focused on foodtech and agtech. It invests at Series B stage and beyond. Its first fund, a $105 million vehicle, has already had two exit events with the acquisition of robotics startup Blue River Technology by John Deere and the IPO of Precision Biosciences.
Ranchers Denounce Corporate Control over Cattle Markets (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=346f2c2b4d&e=2715c96b29) - Civil Eats
More than 500 cattle producers from 14 states rallied to demand that the Trump administration level the playing field.
UK: Vertical Future Raises £4m Seed Round to Take Vertical Farming to Mayfair (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=07fb019bcd&e=2715c96b29) - AgFunder
Earthworm lead the round with participation from Acceleris Capital, Amberley Advisory and Gateley.
Can Sustainable Farming Save Iowa's Precious Soil and Water? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c5eb88e3ca&e=2715c96b29) - PBS
Mark Bittman reports on the growing number of farmers adopting more sustainable practices in a bid to save Iowa's precious soil and water.
Vietnam-Based Cricket Protein Startup Cricket One Decures Funding From 500 Startups, Masik Enterprises (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d65c213182&e=2715c96b29) - e27
Cricket One raised an undisclosed amount of funding for R&D.
The Extraordinary Opportunity in Asian Ag & Food Technology (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=f143b45a6b&e=2715c96b29) - AgFunder
Asia is home to the world's two largest populations, China and India, and the region has over 500m smallholder farmers and the fastest-growing middle class on the planet.
Climate Change Is Killing Your Low-Carb Diet (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=3724e551d6&e=2715c96b29) - Mother Jones
Research indicates that climate change may be leading to a decline in the quality of the plants we eat.
What Rising Temperatures Mean for Coffee-Bean Farmers (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a6111c59df&e=2715c96b29) - Wall Street Journal
As rising temperatures threaten to reduce the area in the tropics suitable for growing coffee, scientists work to engineer more resilient coffee plants.
School Lunch
EATERS
School Lunch Shaming Will Now Be Against the Law in California (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5de102c2c5&e=2715c96b29) - CNN
Gov. Gavin Newsom signed into law a new piece of legislation that guarantees all students will receive lunch even if their parents or guardians have not paid their meal fees.
Why Healthy Food Should Also Sound Tasty (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=8b8afffe62&e=2715c96b29 ) - Food Dive
Researchers found consumers ate vegetables 29% more often when they had labels based on their taste than when they were labeled based on health attributes.
Singapore to Become First Country Banning Ads on Sugary Drinks (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=18442b68bd&e=2715c96b29) - CNN
The ban, which will apply to "the least healthy" sugar-sweetened beverages, will cover all media platforms including print, broadcast and online.
If Food is Medicine, Why Isn't It Taught at Medical Schools? (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d768327f86&e=2715c96b29) - The New Food Economy
Students in medical schools across the country spend less than 1 percent of lecture time learning about diet.
https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=55eefa236b&e=2715c96b29
LATEST JOB LISTINGS
Data / Digital Marketing Associate at Sprinly (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5c5899174d&e=2715c96b29) - Cleveland, OH
Sales and Development Representative at Cousins Maine Lobster (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ec6269520d&e=2715c96b29) - CT & NY
Product Manager at New York Hemp Oil (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=bb47808125&e=2715c96b29) - Cortland, NY
Director of Finance and Operations at Parlor Coffee (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=0c25429743&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=4d64264967&e=2715c96b29) - Santa Clara, CA
General Manager at Philo Ridge Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a9ad4ed820&e=2715c96b29) - Charlotte, VT
Head Chef at Philo Ridge Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=ecfad39bdd&e=2715c96b29) - Charlotte, VT
Food & Beverage Manager at Philo Ridge Farm (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=c711a2298b&e=2715c96b29) - Charlotte, VT
Operations Manager Guru at Eclipse Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=4ece1e7291&e=2715c96b29) - Berkley, CA
Producer Support Operations Specialist at Fair Trade USA (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=820f97acdf&e=2715c96b29) - Oakland, CA
Sales Development Representative at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=1033c5f1d1&e=2715c96b29) - Portland, OR
Account Manager at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=44d3e63211&e=2715c96b29) - Portland, OR
Business Development Manager // Enterprise Sales at Leanpath (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=d21c79cce8&e=2715c96b29) - Portland, OR
Director, Customer Success and Account Management at Impossible Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=5775b02e7f&e=2715c96b29) - Redwood City, CA
Retail Sales Associate at Ark Foods (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=90f282c37f&e=2715c96b29) - Brooklyn, NY
Chief Financial Guru at East Bali Cashews (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=cfa3d471bd&e=2715c96b29) - Bali, Indonesia
SEARCH MORE JOBS! (https://foodtechconnect.us1.list-manage.com/track/click?u=5137626c88ab3a61c40112a42&id=a368077b41&e=2715c96b29)
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