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Category: Featured

  • Jul 12, 2021

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    Ag Tech, Business of Food, Featured, Foodtech, Modern Farmer, Vertical Farming

    Equilibrium Capital Closes a $1.02B Fund for Indoor Ag

    Equilibrium Capital has closed its second fund dedicated to indoor agriculture. The Controlled Environment Foods Fund II (CEFF II) raised a total of $1.02 billion, exceeding its original goal of $500 million.  Speaking in a company blog post, Equilibrium CEO David Chen said that the fundraising for CEFF II reflects a broader shift where larger…

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  • Jul 11, 2021

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    Business of Food, Delivery & Commerce, Featured, Restaurant Tech, Weekly Spoon

    Grocery, Meet the Ghost Kitchen

    One year ago, Euromonitor International predicted the ghost kitchen market could be worth $1 trillion by 2030.  The prediction, made by Euromonitor’s Global Lead for Food & Beverage Michael Schaefer, reverberated around a restaurant industry that was still deep in the midst of dining room shutdowns and restrictions related to a global pandemic. Little wonder…

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  • Jul 10, 2021

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    Announcements, Around The Web, Featured, News

    Food Tech News: Indoor Farming as Art, Cover Crop Snacks, and Alcohol-Free Spirits

    Welcome to your weekly Food Tech News round-up, where we gather interesting pieces of news you might have missed this week: Edible artwork is now growing at the Gagosian gallery in New York City A small, but fully functional, indoor urban farm is now on display at the Gagosian Gallery’s New York City location. The…

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  • Jul 8, 2021

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    Business of Food, Data Insights, Featured, Foodtech, Funding

    P&P Optica Raises Fresh Funding for Hyperspectral Food Safety Inspection Tech

    Canada’s P&P Optica (PPO) has raised an undisclosed amount of Series B funding for its food safety inspection technology, which uses hyperspectral imaging to gather quality metrics on the food inside of processing plants.  The round was led by Ag Capital Canada, with new investor Synovus Family Office as well as existing investors Fulcrum Global…

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  • Jul 8, 2021

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    Ag Tech, Business of Food, Delivery & Commerce, Featured, Modern Farmer, Vertical Farming

    Wells Fargo Picks 5 Indoor Ag Companies for Its Latest Innovation Incubator Program

    Five early-stage indoor agriculture companies will participate in the ninth cohort of the Wells Fargo Innovation Incubator (IN2), which works with cleantech companies and entrepreneurs across food and housing sectors. Chosen participants for this cohort will focus on tools and processes that can make indoor farming more environmentally and financially sustainable.  The Wells Fargo Foundation…

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  • Jul 8, 2021

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    Business of Food, Delivery & Commerce, Featured, Funding, Restaurant Tech

    Instawork Raises $60M to Connect Local Businesses with Hourly Workers

    Instawork, an online marketplace that connects local businesses across the U.S. with available workers, announced today that it has raised a $60 million Series C round of funding. The round was led by Craft Ventures with participation from Grelock, Corner Ventures, Four River Group, WndrCo and Tilman Fertitta (owner of Landry’s and the Houston Rockets).…

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  • Jul 7, 2021

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    Announcements, Around The Web, Featured, Future of Recipes

    Fexy Media Launches Relish+ as Premium Paid Feature on Relish.com

    Relish.com, a web app created by Fexy Media for meal planning, recipes, and grocery shopping, announced today that it has launched a premium feature called Relish+. The new service will now allow users to have access to a library of over 100 meal plans for a monthly fee starting at $3.75. The new meal plans…

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  • Jul 7, 2021

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    Alternative Protein, Business of Food, Cellular Agriculture, Cultured Meat, Delivery & Commerce, Featured, Funding

    Aleph Farms Raises $105M in Series B Funding

    Cultivated meat company Aleph Farms announced today it has completed a $105 million Series B round of funding, bringing the company’s total funding to date to $118 million. The Series B round was led by L Catterton and DisruptAD with participation from Skyviews Life Science, Thai Union, BRF, and CJ CheilJedang. Existing investors VisVires New…

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  • Jul 6, 2021

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    Alternative Protein, Featured, Funding, News

    Meati Raises $50M Series B for Mycelium-Based Meat Alternatives

    Colorado-based Meati produces whole cuts of meat alternative analogs from mycelium, and today the start-up announced that it has raised $50 million in its series B round (news from Forbes). The round was led by Acre Venture Partners and BOND, with participation from Prelude Ventures, Congruent Ventures, and Tao Capital. This brings the company’s total…

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  • Jul 6, 2021

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    Business of Food, Cloud Kitchens, Delivery & Commerce, Featured, Funding, Restaurant Tech

    C3 Raises $80M to Expand Its Virtual Food Hall Concept

    Virtual restaurant company C3 (Creating Culinary Communities) has raised an $80 million Series B funding round co-led by Brookfield Asset Management and REEF Technology. Egon Durban and Greg Mondre Managing Partners and Co-CEOs of Silver Lake Partners, along with Dean Adler, Co-Founder of real estate investment firm Lubert-Adler. C3’s business these days is as much…

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  • Jul 6, 2021

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    Alternative Protein, Business of Food, Cellular Agriculture, Cultured Meat, Education & Discovery, Featured, Foodtech

    MeaTech Says It Will Develop Cultured Pork Products

    Israel-based alt-protein company MeaTech 3D has begun research and development activities around cultivated pork, the company announced today.  Initial activities will focus largely on developing porcine cell lines, which the company says could expand its number of potential addressable markets since pork is the most widely consumed meat in the world. The porcine cell lines…

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  • Jul 6, 2021

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    Ag Tech, Business of Food, Education & Discovery, Featured, Foodtech, Modern Farmer, Vertical Farming

    How AppHarvest Is Investing in the First Generation of High-Tech Farmers

    Agriculture may have been slower to digitize than other parts of the food sector, but these days a lot of folks would agree artificial intelligence, automation, and other technologies have a role to play in the future of farming. The presence of such things means farming will soon require lots of new skills, which in…

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