✴︎
For grocery stores, measuring demand and managing orders for fresh foods can be a maddeningly difficult task that more often than not ends in lots of unused food getting thrown out. After all, bananas have a much shorter shelf life than, say, a bag of rice, and a lot of existing supply-chain technologies and processes…
Comet Bio, which manufactures various ingredients through upcycling, announced today that it has completed its Series C with an initial close of $22 million. The round was led by Open Prairie, the Louis Dreyfus Company (LDC), BDC Capital, as well as existing investor Sofinnova Partners. With headquarters in London, Ontario and Schaumberg, Illinois Comet Bio…
✴︎
Up to now, Flashfood’s surplus grocery/food waste-fighting service has enjoyed a noteworthy but fairly small presence among American consumers. New developments are set to change that. The Canada-based company recently announced an expansion with The Giant Company that will make the Flashfood app and service available in many more grocery stores across the U.S. Carlisle,…
✴︎
One of the best parts about summer (in my opinion) is that it is stone fruit season, and I always look forward to consuming an abundance of nectarines, apricots, cherries, plums, and peaches. After the vibrant, juicy fruit flesh is devoured, the rock-hard pit is leftover. Pits are not obviously edible and seem like something…
✴︎
This week, the Upcycled Food Association announced that it had opened the doors for anyone who wants to apply for certification. This news marks the culmination of a year of steady progress for the organization, which is made up of a number of startups and larger companies creating products out of food waste that would…
✴︎
This being The Spoon, a lot of our discussions around food waste concern the innovative technologies that could help us eventually curb the multi-billion-dollar problem and meet national and international targets to halve food waste by 2050. But as we learned today at our Food Waste Insights and Innovation Forum, done in partnership with nonprofit…
✴︎
RIND Snacks, a startup that produces upcycled dried fruit snacks, this week announced that it has raised $6.1 million in a Series A round of funding (news from Forbes). This round was led by Valor Siren Ventures, with participation from an existing investor, Melitas Ventures. This brings the company’s total funding to $8.4 million. This…
In this Food Tech News Round-up we cover beer made from food waste in Finland, the launch of new culinary degree programs in Boulder, Colorado, Natural Light’s vacation giveaway to Alaska, and the opportunity to score some free Just Egg products for you and your friends. If you haven’t heard already, The Spoon has partnered…
✴︎
This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. Since the start of 2021, we’ve seen numerous developments that showcase how vast and varied the efforts to fight food waste have become. Sachets that slow food spoilage. Hyperspectral imaging to analyze avocados.…
✴︎
Food waste occurs at every step of the supply chain from the farm to the consumer’s kitchen, and globally, approximately 30 percent of food produced for human consumption is lost somewhere within this chain. A company called Surge Alert aims to reduce food waste through its climate monitoring devices and 24/7 alerts. Surge Alert produces…
✴︎
According to the EPA, 20 percent of what ends up in municipal landfills is food. Yet at the same, 35 million Americans experience food insecurity, and that number jumped to 42 million due to the effects of the pandemic. Keeping food out of the landfill and redistributing those in need of it is an ideal…
✴︎
Composting is a seemingly simple solution that all of us could participate in to help reduce the amount of food waste that enters the landfill. However, we offer plenty of excuses not to do it, like our available space or the smell. Enter the Subpod. This startup is producing mini composting units that are buried…