Category: Featured
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Berkeley, California-based cultivated meat company UPSIDE Foods, announced today that it has partnered with Dominique Crenn, the co-owner and chef of the three Michelin-starred Atelier Crenn restaurant in San Francisco. Crenn will assist with recipe development for the company, and, pending regulatory review and approval, will serve UPSIDE’s cultivated chicken at her restaurant in the…
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Who is responsible when something goes wrong with delivery? A succinct-yet-apt answer to that question recently came from fast casual chain Wow Bao’s President and CEO Geoff Alexander, who spoke at The Spoon’s Restaurant Tech Summit this week: “As the restaurant brand, you are always blamed.” If you’ve ordered via third-party delivery with any frequency,…
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Apeel, best known for its shelf-life-extension technology for produce, has raised a $250 million Series E round of funding led by Temasek. Additional participants include Mirae Asset Global Investments, GIC, Viking Global Investors, Disruptive, Andreessen Horowitz, Tenere Capital, Sweetwater Private Equity, Tao Capital Partners, K3 Ventures, David Barber of Almanac Insights, Michael Ovitz of Creative…
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Shandi, an alternative protein company based in Singapore, announced this week in a press release sent to The Spoon that it has raised $700,000 USD in a second seed round. The round was led by Tolaram, and also saw participation from SparkLabs Cultiv8 and other private investors. This new influx of capital will allow Shandi…
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If you keep up with news in the plant-based space, then you might be aware that there’s somewhat of a “chicken war” going on. Big players like Impossible Foods, Beyond Meat, and others have now turned their attention to bringing alternative chicken products to market. A new company called Nowadays recently joined the alternative chicken…
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Cox Enterprises has acquired indoor farming company BrightFarms, the two companies announced today via press release. Financial terms of the deal were not disclosed. The companies noted that the acquisition will be key to helping Cox Enterprises build out a “multibillion cleantech business” by 2030. Multi-industry conglomerate Cox is in the midst of expanding from…
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If Serve Robotics CEO Ali Kashani has his way, more restaurants in the near-term future will offload the last mile of their deliveries not to human couriers but to wheeled rover bots that can autonomously traverse the streets en route to hand over your food. Serve started life as a part of Postmates, eventually spinning…
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Saudi Arabia’s Red Sea Farms has raised an additional $6 million in pre-Series A funding, bringing the total round to $16 million (h/t Wamda). Those leading the round include Aramco’s venture arm Wa’ed, the Saudi government-owned Future Investment Initiative (FII) Institute, KAUST, Global Ventures, AppHarvest, and Bonaventure. The $6 million announced over the weekend follows…
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The restaurant industry has changed drastically over the last 18 months when it comes to tech. What was once a sector slow to change and reticent to embrace digital is now practically at bursting point in terms of the many technological solutions available to restaurants. As food tech investor Brita Rosenheim recently wrote, “the past…
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Welcome to this week’s Food Tech News round-up! For this round, we’ve gathered news from CHEQ, a multi-sensory futuristic food tour, and new spices that make your food taste like beer. If you didn’t sign up already, The Spoon’s virtual Restaurant Tech Summit will be next week on August 17, starting at 8:00 am PT.…
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Before the off-premises boom, there was no question of restaurants owning their relationships with customers. One pandemic and a whole lot of digital tools later, and that ownership is a little less certain, and restaurants often give up valuable customer data and feedback to bigger tech companies (e.g., third-party delivery services). Now, however, a number…
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NotCo, a Chile-based company, is sometimes referred to as the Impossible Foods/Beyond Meat of Latin America. The company produces various alternative products including plant-based mayo, burgers, ice cream, and milk. When they reached out to me recently offering to send samples of their products, I happily accepted. NotCo uses its patented A.I. platform to determine…
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