Category: News
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Next up in our Smart Kitchen Summit speaker preview series is Spencer Price, the founder of Halla. Halla has built an AI personalization and recommendation platform for grocery store providers. According to Price, the turning point for his company and the broader grocery store industry was when Amazon acquired Whole Foods. “When Amazon acquired Whole Foods…
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We’re just one month away from the Smart Kitchen Summit, so we’re going to be checking and hearing from some of our speakers. First up is Clayton Wood, a long-time entrepreneur who has been navigating the food robotics market for the last five years, first as the CEO of Picnic (which debuted its robot at…
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For the past week, the alt-protein world has been abuzz about the news that the Good Food Awards had quietly dropped Climax Food from the list of finalists and, according to Climax, snatched the winner’s trophy from them due to a convoluted and confusing set of rationalizations by the organization. Washington Post broke the story…
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Shiru, a company that utilizes AI to discover plant-based novel proteins, has announced a new marketplace in ProteinDiscovery.ai that lets anyone search, discover, pilot, and buy molecules for food, agriculture, personal care, and advanced material applications. Shiru claims that its protein marketplace is an industry first. It allows researchers and product builders access to a…
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Underground delivery startup Pipedream Labs announced it has raised $13 million in funding. Company CEO Garrett McCurrach disclosed the funding, led by Starship Ventures, with participation from Cortado Ventures, Myelin Ventures, and others, in a post on LinkedIn. The new capital infusion will primarily be utilized to enhance Pipedream’s “Instant Pickup” service and kick-start the…
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According to a new report just published by researcher Bricks Meets Click, U.S. online grocery sales are expected to hit $120 billion by 2028. The report forecasts that the e-grocery segment will grow at a 4.5% clip over the forecast period, three times the growth rate of the in-store grocery segment, which is forecasted to…
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Earlier this month, we learned that Amazon is phasing out its Just Walk Out technology at its Amazon Fresh grocery stores. The company didn’t say much about the reasoning behind it, but one likely reason is customers never valued skipping the checkout line in a traditional grocery store shopping experience as much as Amazon anticipated.…
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Welcome to the Food Tech News Show! You can watch the show live here at 1 Pacific/4 Eastern or on Streamyard, YouTube, or LinkedIn. This week Mike and Carlos be joined by Future Market’s Mike Lee to talk over some of the most interesting stories of the week. Mike Lee will also talk about his…
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In March 2022, NFT and crypto investor Andy Nguyen purchased Bored Ape #6184 along with three Mutant Apes and soon decided to establish a Bored Ape-themed restaurant named Bored & Hungry. The restaurant opened its doors on April 9, and by the end of its first day, it had served 1,500 burgers and had lines…
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Gaeastar, a startup that makes compostable drinking cups out of clay, is officially launching its U.S. pilot with Verve Coffee on April 22nd. Verve, a Santa Cruz-based coffee chain with locations across California, will begin using Gaeastar’s coffee cups in three locations and will expand to other locations over time. The pilot launch comes after…
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You can now visit a hot bun vending machine in the metaverse. No, this isn’t a plotline from the sequel to Hot Tub Time Machine, but the next chapter in the continuing push by digital-forward restaurant chain Wow Bao to expand into the Metaverse and web3. The company, which launched its NFT program a year…
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A new report published by Tillster shows that quick-service restaurant customers are increasingly opting to use restaurant-specific apps over 3rd party delivery apps. The report, which analyzed the results of a survey of over 1,000 quick-service and fast-casual diners, showed that the number of customers who used restaurant-owned ordering channels over the past three months…
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