Category: The New CPG
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Big food continues to seek big innovation by inviting younger, leaner startups to participate in food- and beverage-focused accelerator and incubator programs. This week, PepsiCo announced it will be holding a second North American cohort for its Greenhouse accelerator program, which works with small CPGs operating out of the U.S. and Canada. According to the press…
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Business may be winding down for the year, but it’s never too early to start planning for 2020. If that includes applying to a startup accelerator, there are a few programs to note this month either taking applications right now or in the very near future. January normally brings a slew of new announcements and…
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This is the web version of our weekly newsletter. Sign up for it and get all the best food tech news delivered directly to your inbox each week! Customizing our food is a decades-old practice we’ve come to expect if not outright demand when it comes to the way we eat. Fast-casual chains like Chipotle…
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Got an early-stage startup developing plant-based consumer packaged goods? Purple Carrot may be able to help. The plant-based meal kit company just announced a new incubator program called The Garden Incubator that aims to invest in plant-based CPG companies and help them scale up. Each selected participant gets $250,000 in seed round funding provided by…
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CPG heavyweight Chobani announced this week it is adding a new cohort to its popular Incubator program, this one designed to help current and former armed service members who are also food entrepreneurs grow their businesses. Dubbed, The Chobani Incubator Veterans Cohort, the program is set to take place over one week this December, according…
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The future of alternative proteins is about way more than plants. That was the main takeaway from a talk my colleague Catherine Lamb hosted this morning at The Spoon’s SKS conference in Seattle. Joining Lamb onstage were Dr. Lisa Dyson, cofounder and CEO of Air Protein; Morgan Keim, the Corporate & Business Development Manager of…
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It was less than 100 years ago that the food industry figured out how to mass produce things like baby carrots and Krispy Kreme Doughnuts. Nowadays the buzz is around robots that make pizza and cashierless food stores, but that drive to reinvent food has fundamentally remained the same. They may have more technologically sophisticated…
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Gordon Food Service, one of North America’s largest food distributors, and Kimball Musk’s indoor farming company Square Roots have officially launched one of the latter’s vertical farms onsite at the Gordon headquarters in Wyoming, Michigan. The announcement, which the two companies made yesterday, follows news from March that Gordon and Square Roots were working together.…
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Tastewise, a startup that uses data and AI to help CPG companies gain deeper insights into food trends, announced today it has raised a $5 million Series A round led by food tech investment firm PeakBridge. The round brings Tastewise’s total funding to $6.5 million. The Tastewise platform, which launched in February of this year,…
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Applications are now open for Barilla’s new accelerator program for startups with sustainable food products and processes. The Italian CPG company’s venture arm, BLU1877, announced this week the launch of Good Food Makers, an eight-week program it is running in collaboration with San Mateo, CA-based food incubator KitchenTown. Startups chosen for the program will first…
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Magic Spoon, a company that makes a healthy sugary-tasting cereal, has raised $5.5 million in seed funding, according to an article on Food Dive. The round was led by Lightspeed Venture Partners with additional participation from Joseph Zwillinger (Allbirds), Jeff Raider (Harry’s), and David Gilboa and Neil Blumenthal (Warby Parker). The company plans to use…
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My crystal ball tells me that come early 2020, we’ll get numerous announcements from startup accelerators and incubators opening the application process for their programs. But that doesn’t necessarily mean you have to wait another several months if you’re ready to start shopping your startup to a program right now. With that in mind, here’s…
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