Category: Featured
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If you had a busy week and missed out on news in the food tech space, we’ve got you covered. In this round-up, we gathered some news on Bon Appétit’s recently launched app, HelloFresh’s new online marketplace, MoEa’s sneakers made from food waste, and a children’s book on cellular agriculture. Bon Appétit launches ordering app…
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The most developed category in the plant-based space is alternative dairy, which is estimated to be worth around $2.5 billion. There is so much development in the sector that it feels like a new type of alternative milk such as Táche’s pistachio milk or Take Two Foods‘ barley milk, pops up every week. You can…
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NovoNutrients, a company that creates protein from CO2 inputs, today announced a $4.7 million fundraise to complete its industrial pilot program that will capture CO2 emissions from from oil, gas, and cement-related plants. The round was led by Happiness Capital, a Hong Kong-based venture firm that has previously invested in Redefine Meat, Ynsect, and Beyond…
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DoorDash has launched a new location of its ghost kitchen operation, the company announced today via a press release sent to The Spoon. DoorDash Kitchens San Jose will house six different restaurant concepts from both nationally known restaurants and those from the San Francisco Bay Area. This is the second DoorDash Kitchens location. DoorDash launched…
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This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. Of the three pillars of alternative protein, plant-based is getting the most mainstream attention and cultivated meat is the currernt darling of VC investors. But fermentation may be the most practical in terms…
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Recycling is a task that seems simple enough for everyone to participate in, but unfortunately, it is estimated that 79 percent of plastic waste ends up in landfills. A startup called Olyns aims to increase the convenience and incentive to recycle through its new bottle collection machine that launched today. The Olyns machine can hold…
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AppHarvest this week announced a $91 million financing arrangement with Equillibrium Capital, according to Food Navigator, who broke the news. The money will go towards AppHarvest’s previously stated goal of building out 12 high-tech indoor farming facilities by 2025. Equilibrium Capital’s $91 million figure is a construction loan that will support the building of AppHarvest’s…
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Delivery Hero today launched its Sustainable Packaging Program that gives restaurants on its platform more eco-friendly options for their to-go orders. The concept is currently piloting in Austria, Chile, Germany, Hong Kong, Hungary, Qatar, and Singapore. Delivery Hero said in today’s announcement that it will expand the program to other markets in the near future.…
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Canadian restaurant supply chain tech company Notch has closed a $10 million round of financing led by Accomplice and BDC, bringing its total funding to date to nearly $20 million. MATH Venture Partners, Golden Ventures, The Yield Lab, Garage Capital, and Plexo Capital also participated, as did several angel investors. The Toronto-based company wants to…
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InFarm is partnering with Sobeys, one of the largest food retailers in Canada, to sell its vertically grown greens in grocery stores across the country. The Berlin, Germany-based indoor agriculture company plans to be in an additional four of 10 Canadian provinces by 2023. The deal will place InFarm in over 1,000 retail locations across…
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NotCo, a Chile-based food tech company that produces various plant-based alternative foods, announced today that it has raised $235 million in its Series D round of funding. The round was led by Tiger Global and saw participation from DFJ Growth Fund and ZOMA Lab, with individuals also joining including Jack Dorsey, Joe Gebbia, Lewis Hamilton,…
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This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. As online ordering becomes more the norm, the next step in on the path to digitization is all about data. More specifically, it is about making sense of the mountains of customer data…
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