Category: Featured
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Uber is acquiring the remaining 47 percent in grocery delivery service Cornershop, according to Uber’s most recent 8-K filing, released at the end of last week. The all-stock transaction is expected to close next month. The deal follows Uber’s acquisition in 2019 of a majority stake in Chile-based Cornershop. At the time, Uber CEO Dara…
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Israel-based Equinom announced today it has raised a $20 million Series C funding round led by Phoenix. The round also included participation from Fortissimo, Trendlines, Maverick, and BASF, and brings Equinom’s total funding to $27.6 million. Equinom uses AI to improve upon the existing nutrition of seeds, including a seed’s protein content. Through its natural…
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Babylon Micro-Farms, which operates a network of indoor grow systems in foodservice venues around the U.S., has received a $1 million grant from the National Science Foundation, with the potential for $750,000 more in follow-on funding. The grant money will go towards further development of BabylonIQ, the company’s platform that remotely manages its distributed network…
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When it comes to growing major crops like corn, rice, wheat, and sugar cane, there is often an abundance of raw material left over post-harvest. Referred to as agricultural side streams, this material includes things like husks, leaves, cobs, and stems. Traditionally, industrial agricultural side streams have not had much use, but upcycling food waste…
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Resorts World Las Vegas has announced a partnership with Grubhub for a new mobile order service. Guests of the forthcoming Resorts World Las Vegas property will be able to use the service to get food, drinks, and retail items for delivery and pickup during their stay. Dubbed On The Fly at Resorts World Powered by…
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The sun is sweltering, the flowers are in full bloom, and food tech news is coming in hot. In this week’s roundup, we have news on the launch of a plant-based pâté, the winner of GS1 US Startup Lab Pitch Competition, scientists transforming used plastic into a food flavoring, and a fully compostable coffee pod.…
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Unless you make a point of regularly ordering from virtual restaurants, you may not yet have heard of names like Sam’s Krispy Chicken or Plant Nation. They, along with many others, are delivery-only brands created by C3 (Creating Culinary Communities), a restaurant company that’s lately been on a mission to get these brands into seemingly…
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On-demand delivery service GoPuff announced today it has acquired fleet management company rideOS, with TechCrunch also reporting a $115 million price tag for the deal after speaking with sources familiar with the matter. GoPuff, which raised $1.5 billion this past March, operates a delivery service that can fulfill orders — anything from food to baby…
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Since we just held a Spoon event this week focused on reducing waste, I thought it appropriate to recycle my headline from earlier this year: We Need to Talk About Cashierless Checkout. I’m not just being lazy, I think we legitimately need to talk about cashierless checkout (again) because so much has happened since the…
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Seafood is the most traded commodity in the world, and it is estimated that 85 percent of wild fish stocks are overfished or fully exploited. As a way to address the plethora of environmental issues found within the commercial seafood industry, startup Aqua Cultured Foods is developing alternative forms of seafood using fermentation. The company,…
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Agtech company InnerPlant, which is changing plant DNA to create “living sensors” that mitigate crop loss, has raised $5.65 million in pre-seed and seed funding, according to an official announcement sent to The Spoon. The round was led by MS&AD Ventures, the investment arm of Japan’s MS&AD Insurance Group. Bee Partners, Up West, and TAU…
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OpenTable today launched its Show-Up for Restaurants initiative, which highlights the impact of no-shows and late cancellations on restaurants’ margins. The initiative will take the form of forthcoming new digital tools as well as “blog and social content educating diners on the impact of ghosting a reservation.” In most places in the U.S., dining at…
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