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February 24, 2021

Singapore’s Next Gen Raises $10M Seed Round for Plant-Based Chicken

Business of Food, Delivery & Commerce, Foodtech

Next Gen, a Singapore-headquartered food tech company, announced today it has raised $10 million in seed funding. The round was led by Temasek, K3 Ventures, the New Ventures arm of the Singapore Economic Development Board, and NX Food. Funding follows an earlier $2 million investment from Next Gen’s founder, according to a press release sent to The Spoon.

The company will use the funds to launch Next Gen’s plant-based products brand, TiNDLE, to consumers in Singapore in March 2021. To start, the product line, which will debut with a chicken item, will be available in select restaurants. Other Asian cities will follow. Funding will also go towards further research and development around future plant-based products. 

TiNDLE chicken is made with soy protein, wheat gluten, wheat starch, as well as sunflower and coconut oils. On its website, the company says each each serving contains 17 grams of protein. The first application of the product will be TiNDLE Thy, a plant-based take on chicken thighs the company says can be used in a variety of dishes and cuisine types.

The forthcoming launch is arriving at a time when global demand for alternative protein is higher than it’s ever been before. The plant-based protein segment is expected to reach $85 billion by 2030, according to UBS. Asia is an important market in this growth, and one that is catching up to growth in the U.S. Demand in Asia for plant-based products is expected to jump to over 200 percent within the next five years.  

There is also a growing number of companies bringing products to market in the APAC region now. Some of those companies, like Green Monday in Hong Kong and HERO in China, as well as U.S.-based brands that have recently moved in, notably Impossible and Eat Just. Also, Beyond Meat is building two production facilities in Asia, both in China.

For its part, Next Gen is now looking towards a Series A funding round as well as diversifying its product portfolio and expanding into Europe and the U.S. The company said today it is already “laying the groundwork” for the latter. 

February 24, 2021

Traeger Launches Apple Watch App to Monitor and Control Your Grilling

Connected Kitchen, Next-Gen Cooking

Traeger Grills announced this week the launch of its first Apple Watch app, which allows users to both monitor and control the cooking on its WiFire compatible connected grills.

In the press announcement, Traeger said its Apple Watch app is the first of its kind in the industry. That may or may not be true, but regardless of its place in history, it’s easy to see the utility this type of app could bring to the grilling experience. Smoking a brisket or ribs takes long hours, and the freedom of controlling the grill from your wrist anywhere you are (even when you’re out, away from your home) would definitely come in handy.

Features of the new Traeger Apple Watch app include:

  • Real-time grill temperature monitoring and control even if you’re away from your house
  • Probe temperature setting and monitoring
  • A timer to notify cooks when to sauce, check or pull the food
  • Pellet-level monitoring, to know when to re-load the hopper
  • “Super Smoke Mode,” which lets users blast their food with 100 percent hardwood smoke between 165 and 225 degrees

The WiFire grills were already pretty convenient for rookie grillers like myself. With the connected phone app, I was able to make pretty great ribs and briskets without ever having done so before. This is totally a first-world problem, but moving that monitoring from the iPhone to the Apple Watch means that I don’t need to carry my phone around to check on my grilling.

Even though it may not feel like it for most of the country, spring is around the corner, which means that grilling season is not that far off. And backyard barbecues are definitely getting high-tech upgrades. Smart oven maker, June was recently acquired by Weber and its connected cooking OS has been integrated into a new line of Weber gas grills.

Even though our BBQ parties will probably still need to be socially distant this summer, with connected tech, being away from your grill won’t be a problem.



February 24, 2021

AgFunder: Record-breaking $31B Invested in Agrifood Tech in 2020

Business of Food

Ag tech VC firm, AgFunder, released its annual report on agrifood tech funding today. Companies in this sector raised $26 billion in 2020, a 15.5 percent increase over 2019. If that wasn’t enough, AgFunder actually expects that already record-breaking figure to bump up to $30.5 billion as more deals done in 2020 are revealed.

The AgFunder 2021 Agrifoodtech Investing Report breaks the agrifood tech sector into “upstream” companies, which are closer to the farm, and “downstream” companies, which are closer to the consumer. AgFunder said that for the first time on record, upstream companies outraised downstream companies in 2020. Those upstream companies pulled in $15.8 billion across 1,950 deals, while downstream companies raising $14.3 billion across 1,142 deals.

AgFunder also found that alt-protein/novel ingredient/functional food companies raised $2.3 billion across 26 deals, and that e-grocery was the most funded downstream category, raising $5.1 billion across 119 deals. AgFunder noted that the agrifood tech sector is maturing, with startups at both growth and late stage raising larger deals than ever before.

“This is no longer seen as a niche, experimental and risky sector, highlighted by the increase in the median size of growth stage and late stages deals,” Louisa Burwood-Taylor, head of media & research at AgFunder, said in today’s press announcement. “Investors piled in despite Covid; the first wave of innovators in each category are now mature and able to raise huge rounds with many household names such as Impossible Foods; and the second wave of innovators is now raising much larger rounds than the first wave did at the same stage.”

What’s interesting about that statement is that AgFunder positions this growth in agrifoodtech as being in spite of the pandemic. While the pandemic has inflicted enormous economic difficulties around the world, it also seems like there was increased investment because of the pandemic. Downstream technologies in particular benefited as restaurants and grocers all accelerated adoption of systems that reduced human-to-human interaction and helped meet the rising demand for e-commerce to get our food.

AgFunder’s report reinforces earlier data showing the increased investment in food tech in 2020. Pitchbook said that a little more than $12 billion was invested in food tech companies last year. There is probably some definitional and scope differences between the two reports, but the broader point stands. Food tech companies raised a ton of money last year, and with the pandemic still very much a part of our lives, the breakneck pace of investment will continue in 2021.

February 24, 2021

Survey: 91% of US Restaurants Will Invest in Kitchen Automation in 2021

Business of Food, Delivery & Commerce

The majority of U.S. restaurants have made or plan to make investments in kitchen automation technology in the future, according to new survey data from payments company Square. 

The company just released its “Future of Retail” and “Future of Restaurants” reports to offer an overview of what businesses are investing in from a technology standpoint and how processes and operations are changing.

Notable among the many pieces of data: Ninety-one percent of restaurants surveyed will implement some kind of automation technology into their kitchens if they haven’t done so already. 

It should be noted that Square has some skin in this game, since the company has some technology in the restaurant back of house. Therefore, automation in this context is more about software that runs in restaurants than it is about articulating robot arms making food.

Why the rush to digitize the back of house? “In order to take advantage of opportunities like multiple revenue streams and creative dining experiences, the back of house needs to be buttoned up,” notes the report. Restaurants certainly grappled with things like multiple order streams (e.g., delivery, takeout, etc.) prior to COVID-19. But few would deny the pandemic accelerated the widespread adoption of these off-premises formats, and up to now restaurant tech has only had time to react to the changes, not get ahead of them.

Hence more investment in back-of-house tech. Bruce Bell, Head of Square for Restaurants, said in the report he sees more of a “hub-and-spoke” model these days, where the kitchen sits at the center of a growing number of sales channels. “One channel might be the dining room, one channel might be first-party delivery, one channel might be meal kits, and so on,” adds Bell. “Having the kitchen run as efficiently as possible extends that efficiency into all of those channels,” he said. 

The hub-and-spoke model is already popular with some ghost kitchen setups. For larger restaurant chains, many of which are decreasing the sizes of their dining rooms or eliminating them altogether, this model could become the norm, too.

As far as those formats go, Square’s report found that restaurants plan to offer the following in 2021: curbside pickup (66 percent); drive-thru service (52 percent); drive-in service (48 percent); and drive-through dining (46 percent).

Loyalty programs, digital menus, in-house delivery, and digital ordering and payments are all technologies we can expect to drive these formats as well as the dining room experience in the future.

If you are interested in kitchen automation and robotics, make sure to attend the second food robotics summit on May 18th!

February 24, 2021

Sweetgreen to Go Carbon Neutral by 2027

Business of Food, Delivery & Commerce

Fast-casual chain Sweetgreen announced today that it plans to make its business carbon neutral by 2027. The company says it will achieve this through its decisions around ingredient sourcing, building design, and energy usage, among other things. 

To reach this goal, Sweetgreen worked with climate-focused company Watershed, which makes software that can measure a business’s carbon footprint across every single touchpoint. Sweetgreen built its action plan for going carbon neutral around the results of that exercise.

For example, the company commissioned carbon assessments of its ingredient suppliers to get some of the more fine-print details, such as how the supplier handles manure and how much feed it uses. These calculations were included in Sweetgreen’s overall measurement of its own business. Going forward, the numbers will inform sourcing decisions (Sweetgreen did not share actual data). Ditto for menu development, which goes hand-in-hand with ingredient sourcing. Sweetgreen said today that it will introduce “even more plant-forward salads and soil-friendly ingredients” to its menu. 

The company also said it is “conducting an entire assessment” of the research and development process around new physical stores, from building materials used to furniture to finding more efficient means of energy. 

The details of how Sweetgreen plans to achieve some of these goals, and what its stores will look like as the company treks towards them, are not yet extensively available. How, for example, will the company integrate its carbon neutrality goals into its new drive-in store format? How will the Sweetgreen menu change based on the chain’s suppliers?

The company said in today’s press release it will share more progress as it happens.

February 24, 2021

Driscoll’s is Using Consumer Physics Technology to Bring Sweeter Berries to Market

Business of Food, Education & Discovery

Driscoll’s announced last week that it will be using Consumer Physics‘ SCiO technology to improve the sweetness of the berries it sells.

Before we get into the technology, it’s good to understand how Driscoll’s works. As Brie Reiter Smith, Driscoll’s Director of Quality Systems Design, explained to me by phone this week, Driscoll’s has roughly 1,000 berry growers in its network. The quality of the berries it receives though, can very greatly — even from growers in the same region.

A decade or so ago, this disparity wasn’t a huge deal, but as Reiter Smith explained, that has changed. “Over the years, the breeding programs and supply chains have improved,” Reiter Smith said. “Consumers are more aware of how flavorful fruit can be.”

In other words, consumers know what they want, and they want sweeter berries. To incentivize growers to produce sweeter berries, Driscoll’s began analyzing berry sugar content, which is measured on the Brix scale. Traditionally, Driscoll’s had done this Brix measurement by hand by selecting sample berries, crushing them and using a refractomer to analyze the juice. But this process is time consuming and destructive. On the scale that Driscoll’s operates, that’s a lot of product that goes to testing instead of store shelves to be sold.

This is where Consumer Physics and its SCiO comes in. We covered the company before, back in 2017, when its handheld near infrared spectrometry scanner was being used by Cargill to measure dry matter in cattle forage, and then again in 2019 when it was used to measure moisture in cacao beans.

Since then, Consumer Physics has developed the larger SCiO Cup, which, in the case of Driscoll’s, allows an entire clamshell of strawberries to be scanned at one time. Berries are scanned using the near infrared spectrometry, a cloud-based system that analyzes the findings and provides the Brix measurement via mobile app. This automated bulk approach is faster because berries don’t need to be hand selected and crushed. Since the berries aren’t destroyed, they can be returned to be sold.

We’re seeing more of this type of high-tech, automated scanning enter the food supply chain. AgShift and Intello Labs both use computer vision and AI to assess the quality of food and establish fair market prices. AgShift’s bulk scanner, Hydra, was actually being used by Driscoll’s back in 2019.

Driscoll’s has a reward system for growers that produce higher-value berries. With the results of the Brix analysis, farmers can adjust their berry growing and harvesting to achieve that higher sugar content. That, in turn, means sweeter berries at your local store.

According to last week’s press announcement, Driscoll’s will start integrating SCiO measurement this month in the U.S. Mexico and Canada. By the end of the year, the company will rely exclusively on SCiO for Brix measurement in the roughly 2 million quality inspections it conducts annually in North America.

February 23, 2021

Chris Young Wants to Bring Cheat Codes for Good Cooking to the Masses With His New Startup, Combustion Inc.

Connected Kitchen, Next-Gen Cooking

When Chris Young started working on Modernist Cuisine with Nathan Myhrvold almost 15 years ago, their original idea was to simply write a book about sous vide cooking.

“I still have emails where we thought it’d be a few hundred pages, we could get it done in a year,” Young told me in a phone interview.

As most know, Modernist Cuisine would grow far bigger than a hundred pages, and take much longer than a year to write. And while much of the multivolume work is dedicated to sous vide cooking, what Young and other early sous vide enthusiasts knew was that this cooking technique with a fancy name was just a means to a more important end: mastery of time of temperature in cooking.

“If you look at Modernist Cuisine, about half of the book is dedicated towards explaining the physics of heat transfer in the kitchen,” said Young. “Because [the application of heat] often makes the difference between a meal being spectacular and a meal not [being] so great.”

So when Young went on to found ChefSteps and eventually build a sous vide appliance with the Joule, the ultimate goal was always to give the cook mastery over the two elements that are so important in creating good food.

“Time and temperature are just sort of these cheat codes to better cooking,” said Young.

Chris Young

If helping aspiring cooks master these cheat codes was the bigger picture and sous vide was just one means to this end, Young realized at some point he had to go beyond sous vide cooking. That meant launching a new company called Combustion Inc. and making a thermometer.

But not just any thermometer. This one would come packed with eight different temperature sensors.

Why so many?

According to Young, when cooking a roast or a chicken, it’s important to not only get the temperature inside the meat, but to get the gradient temperature throughout it, including its surface and ambient temperatures. Only then, according to Young, can you properly calculate the true cooking temperature, how fast an item will cook, and when you should take it out.

Like any self-respecting chef-slash-cooking-technology entrepreneur, Young had hacked together a solution for his BBQ that allowed him to closely monitor internal and surface temperatures, but knew the solution with all of its wires and multiple thermometers wasn’t something wasn’t exactly approachable for the average consumer.

“I have a fairly kludged together a bunch of electronics,” said Young. “It’s not what I would call productized.”

Here is where he saw an opportunity to create a thermometer that would give him the type of data to help achieve the results he wanted. While there is certainly no shortage of smart thermometers on the market, Young felt none of them were able to give him the information he wanted to cook they way he wanted.

The Combustion thermometer, kitchen timer and app

“I started building the first thermometer in the world to actually measure the real cooking temperature which can profile your food so that it can estimate things like how big is the food and how fast is it cooking.”

Young wanted to build a thermometer that could be fairly sophisticated when it came to telling temperature and predicting when meat should be done. He also wanted the device to communicate this information with not only a paired kitchen timer (the other initial product from Combustion), but also with apps. He also knew, however, after having built the Joule, connected products can be also have their problems.

“I lived that,” said Young. “I know this probably as well as anyone at this point, because like we were all in on IoT, and we got it working pretty well, and I can tell you how painful it was. When it inevitably breaks, who’s responsible? And so the experience for the consumer is all this IoT shit that is just dumb.”

It was that experience with the Joule and the polarizing responses to connected devices that made Young rethink how to create a connected product. While he wanted to make a thermometer that is connected, with all the benefits that could bring, he also wanted one that worked out of the box without a complicated pairing and set up.

The answer was to make the temperature data freely available by broadcasting it using a built-in Bluetooth capability. That meant instead of going through a complicated pairing experience with its own app, the thermometer can utilize the beacon capabilities built into the Bluetooth spec to broadcast the time and temperature data of the chicken, roast or whatever is being cooked.

“We actually said, ‘Look, there’s nothing super secret about your temperature data,'” said Young, adding that the thermometer “advertises its data every 200 milliseconds” and all that data is just part of a beacon.

The beacon technology built into Bluetooth is what allows products like the Tile tracker other other devices to broadcast messages to your smartphone to give it updates. With the Combustion thermometer, the built-in Bluetooth beacon technology will send cooking data to the Combustion kitchen timer, (the other new product announced today) or its app (Yes, there is an app for those who want one, but Young makes it clear it’s not necessary). The device will also be able to send information to other Bluetooth-enabled appliances, like GE or BSH ovens, that want to communicate with it.

Young spent plenty of time at his last company making sure his device worked with other appliances, but it was painful. There were lots of meetings negotiating complicated technology and business arrangements for the Joule to integrate with other devices. These types of months-long negotiations were exactly what the onetime ChefSteps CEO wanted to avoid at his new company.

“This is sort of a version 2.0 business model,” said Young. “Because inevitably the old way involves a huge tussle between the appliance manufacturer’s desire to have a platform and app and the startup’s desires. I’m simply saying I make my money when I sell thermometers and I make my money when we sell other things.”

Young told me Combustion Inc. will sell the thermometer and the kitchen timer as a pair, but will also sell each separately. He wouldn’t give me pricing, saying only that they won’t be super cheap but also won’t be astronomically expensive. He said they plan to make them available by this summer via their website and not (as of yet) in retail.

In a way, Young’s efforts feel more like he’s making a tool for cooks rather than trying to monetize a venture-funded startup. It’s not unlike Dave Arnold and his Searzall and Spinzall products. That’s not to say Young isn’t looking to make money or doesn’t have big plans; he says the thermometer is only the beginning.

But, after a less-than-satisfying final chapter to the ChefSteps story, I can see why he’d want to get back a bit to the roots of what he started all those years ago with Myrhvold, which is to provide cooks with tools to better use the cheat codes to make good food.

February 23, 2021

Instacart and Walgreens Launching Same Day Delivery Nationwide

Delivery & Commerce

Drug store chain Walgreens announced today that it is partnering with Instacart to roll out same-day delivery service across the U.S.

According to the announcement, tens of thousands of Walgreen’s items are now available for delivery via Instacart across Illinois, with the program set to expand nationwide to roughly 8,000 stores over the coming weeks. Instacart will deliver groceries, over-the-counter medications, health and wellness products, household essentials, convenience products and more in as little as one hour.

After the partnership launch in Illinois, Instacart delivery will expand to markets such as Southeast Florida, Dallas, Atlanta, Washington D.C., New York City and more. The delivery partnership will be across all 50 states throughout the spring.

This isn’t the first delivery partnership for Walgreens. Last year the drug store company partnered with DoorDash for delivery in select U.S. cities and expanded its partnership with Postmates nationwide. Both of those announcements came during or shortly after the first major wave of the COVID-19 pandemic here in the U.S. Around that time, with people in various states of lockdown and social distance across the country, grocery e-commerce skyrocketed.

Buying food online has remained sticky with consumers in the U.S. throughout the different waves of the pandemic. The most recent market survey from Brick Meets Click showed that in January 2021, 70 million U.S. households placed an average of 2.8 grocery orders online for pickup, delivery and ship-to-home orders.

Consumers have now spent just about a year under the thumb of the pandemic and new habits have definitely formed around how we get our food and other goods. Delivery is no longer a nice to have, it’s table stakes for any household good-related retailer.

February 23, 2021

InFarm to Launch a Network of Commercial-Scale ‘Modular’ Indoor Farms

Business of Food, Delivery & Commerce, Foodtech

InFarm, a company best known for bringing modular hydroponic farming units to grocery stores, today introduced its Growing Center facility, a combination high-capacity farm and distribution center. The company plans to build out 100 of these facilities by 2025 in major cities all over the world, with the total amounting to 1.5 million square meters of farmland, according to a company press release.

Berlin, Germany-based InFarm already operates a network of smaller, cloud-connected hydroponic farms across the world. These modular units are typically found in the produce section of major grocery retailers, from Marks & Spencer in the UK to Kroger in the U.S. to Aldi in Germany. The pod-like farms are modular, meaning they can vary in size depending on location. And because the leafy greens inside the farms are grown on-site, the buying public gets access to more freshly harvested produce that hasn’t traveled the length of a country to reach store shelves.

With its Growing Center initiative, InFarm is essentially scaling up the modular-farm concept. Dozens of InFarm’s modular units, each between 10 and 18 meters (about 33 to 59 feet) high, make up one Growing Center. InFarm says these facilities take six weeks to build and will be able to generate “the crop-equivalent of 10,000 m2 of farmland.”

InFarm’s existing units in grocery stores are all cloud controlled, so that environmental elements like CO2 levels, farm temperature, light and pH levels, and plant growth cycles can be set, monitored, and managed remotely across the entire network. In other words, if one combination of those elements works for, say, basil, that “recipe” can be replicated across the entire network.

Growing Centers will plug into this network, so that the entirety of InFarm’s units are connected to “a central farming brain,” according to the company’s Chief Technology Officer Guy Galonska. “We’ve collected more than 300 billion data points throughout our farming network to date. These data enable us to perfect our growing recipes and improve yield, quality and nutritional value, while reducing the production price constantly,” he said in today’s press release.

While plenty of smaller vertical farms exist nowadays, much of the attention of late has been on larger, commercial-scale facilities that produce pounds of leafy greens that number in the millions. Last year, AeroFarms, Kalera, Plenty, BrightFarms, Nordic Harvest, and many others saw both major funding and significant expansion. Driving a lot of this activity is that commercial-scale farms can produce more delicate types of produce (e.g., leafy greens) closer to consumers, eliminating the need for lengthy shipping times that can damage plants.

All of these companies promise produce grown more efficiently, with less water and energy required than would be with traditional farming. However, at this point, most data is siloed within each company, so it’s difficult to find a truly universal, objective point of view when it comes to efficiency and energy savings. That doesn’t however, mean the numbers are all a smokescreen. In fact, of all the things the controlled ag sector did in 2020, proving itself as an important and viable part of the future farming system was the most important. While the role of this method will constantly evolve, its presence will remain a given for the foreseeable future.

For its part, Infarm says its Growing Centers will be located “in major urban centers.” So far, 15 are either planned or under construction across, London, Paris, Copenhagen, Tokyo, Vancouver, Seattle, and Toronto. InFarm has not said which of these facilities will open first.

February 23, 2021

Mosa Meat Closes $85M Series B Round

Business of Food, Foodtech

Mosa Meat announced today it has raised $10 million in a third and final closing of its Series B round, bringing the round’s total to $85 million. Nutreco and Just Eat Takeaway.com CEO Jitse Groen participated in the third closing, while the entire B round was led by Blue Horizon Ventures.

The closing follows a $55 million fundraise in September 2020, which was also part of the Series B round. The company’s total funding to date is $96 million.

Netherlands-based Mosa Meat is credited with having created the world’s first lab-grown hamburger back in 2013 to the tune of $325,000 in production costs for that single burger. The company brought that number significantly down last year when it achieved an 80x reduction in the cost of their product’s growth medium, which is typically the most expensive part of the cell-based meat-making process. A big part of this reduced cost was removing the use of fetal bovine serum (FBS), the expensive and highly controversial growth medium from which many cell-based meat companies are now distancing themselves.

The funds from Mosa’s Series B round will go towards extending the company’s pilot production facility in Maastricht, Netherlands, as well as towards developing “an industrial-sized production line” and building out the Mosa Meat team.

 The end goal, of course, is to get its meat products to customers. No date has yet been announced for that. Currently, the company is working with European regulators to demonstrate the safety of cell-based meat and get regulatory approval.

Mosa’s Series B round is the latest development in what has already been a busy year in the world of cell-based meat investments. In February alone, Israel’s Future Meat raised $26.75 million, New Age Meats extended its seed round by $2 million, and Redefine meat closed a $29 million Series A round.  

February 23, 2021

Yelp Upgrades Its Waitlist Feature to Manage Takeout Orders

Business of Food, Delivery & Commerce

Yelp today announced a bundle of new features that will, according to a company press release, “help restaurants’ front-of-house operations.” Among those new features is one aimed at improving operations around takeout orders by extending the capabilities of Yelp’s existing Waitlist tool. 

Waitlist has been in Yelp’s restaurant tech arsenal for a few years. Up to now, the feature has been most useful to dine-in customers looking to “get in line” virtually and avoid having to cram in the restaurant lobby or bar to wait for a table. 

But when the COVID-19 pandemic halted dining room service last year, some businesses began using Waitlist to manage takeout and even drive-thru orders. Without going into great detail, Yelp noted in today’s press release that the issue was that the original Waitlist “wasn’t built to meet this growing need.” 

The need to more easily fulfill takeout orders is not certainly going away. Recent data from a Paytronix and PYMTS survey found that takeout orders accounted for $486 billion, or 63 percent, of restaurant sales in 2020.

In response to takeout’s leading spot among off-premises formats, Yelp will now allow restaurants to manage all to-go orders via Waitlist. 

From today’s press release:

“[Restaurants] can easily enter and keep track of all takeout orders in the app – whether the orders were received via phone or website — and can input relevant information, such as type of car to accommodate for curbside pickup. Repeat diner information is stored for easy autofill of pertinent details, such as phone number and dietary preferences. From there, the host can text consumers when their order is ready, allowing them to maintain social distancing when picking up.”

The system offers some automation of the pickup process. For example, instead of having to manually input a text to the customer when the order is ready, a restaurant staffer simply triggers an automatic notification.  

Today’s press release did not mention any further automation of Waitlist, though it seems a necessary next step in a restaurant industry getting quickly saturated with solutions with which to digitally manage takeout orders. Right now, further automating the takeout process is a big opportunity for restaurant tech companies.

Yelp announced a few other new features today, including one called Guest Profiles, which lets restaurants store information about their guests (e.g., dietary preferences) in the system. The company also announced a point-of-sale integration, improved analytics, and some incremental upgrades to the consumer-facing Yelp experience. You can read the full list of new features via a company blog post.

Waitlist for takeout, meanwhile, is available at no extra charge for restaurants with nine or fewer locations. For those with 10 or more units, pricing varies.

February 23, 2021

Future Acres Kicks Off $3M Equity Crowdfunding Campaign for its Ag Robotics Platform

Robotics, AI & Data

Future Acres, a new startup developing a robotic platform for farms, announced today that it has launched an equity crowdfunding campaign that aims to raise $3 million.

The first product that Future Acres is building is Carry, a self-driving robot meant to, as the name suggests, carry crops around a farm. Carry uses GPS, computer vision and machine learning to autonomously navigate a farm (it can also be tele-operated), and can lug 500 lbs. of crops across all types of terrain and inclement weather. The electric robot has a 7 -- 10 hour battery life and can travel 6 -- 10 miles on a full charge.

Introducing Future Acres

If this sounds familiar, that’s because Carry is similar to Augean Robotics’ Burro, which also autonomously hauls up to 500 lbs of food and gear around the farm.

Future Acres is also looking beyond the simple act of carrying things and towards developing a true autonomous platform that can be used to perform other tasks around the farm like precision spraying, disease detection and, eventually, crop picking.

Farms in the U.S. face labor shortages caused by factors such as COVID restricting the movement of migrant labor and a patchwork of differing state and federal labor laws. Even if a farm is able to secure all of the workers it needs, that work is still hard and done under harsh conditions like extreme heat.

This is where farm automation can help. By automating some of the less skilled work involved with harvesting, such as carrying bushels around, human workers can focus on more delicate tasks such as picking, or coordinating logistical processes.

Right now, Future Acres has one prototype currently being tested. With the new funding it raises, the company will focus on developing the next version of Carry. Future Acres CEO, Suma Reddy, told me by phone last week that the company will work with farms to figure out what business model(s) work best, but right now, the Carry system costs between $800 and $1,200 a month for the hardware and software.

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