S2G Ventures has invested in five different companies as part of the inaugural investments for its $100 million Oceans & Seafood fund. The point of the new fund is to support companies and entrepreneurs building new systems, solutions, and processes geared towards the “blue economy.” The World Bank defines the blue economy as “the sustainable…
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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…
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Plant-based food tech company Motif FoodWorks has raised a whopping $226 million in Series B funding, according to an announcement sent to The Spoon. The round was co-led by Ontario Teachers’ Pension Plan Board, through its Teachers’ Innovation Platform, and BlackRock. Rethink Food and existing investors also participated in the round. To date, Motif has…
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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.…
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Bioprinting startup MeaTech 3D has filed a patent with the United States Patent Office (USPTO) it says could significantly improve the manufacturing process for its cultivated meat. The Ness Ziona, Israel-based company has since 2018 been developing a method for cultivated meat that relies on 3D bioprinting. Cells are extracted from the animal (without harming…
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Precision medicine startup DayTwo announced over the weekend a $37 million fundraise for its app that provides users customized diet recommendations based on their gut bacteria. New investors participating include Poalim Capital Markets, La’maison Fund and Micron Ventures. They were joined by existing investors including the aMoon VC fund, 10D, and Cathay Innovation Ventures. To…
Yum! Brands spinoff Yum China is investing in more digital education for underserved areas. The company today launched its Digital Classroom Initiative that gives children in rural parts of China access to online classes that will teach coding and other digital skills. The digital divide between China’s urban and rural populations has narrowed somewhat in…
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Pascual Innoventures, the open innovation arm of Spanish dairy company Calidad Pascual, has launched what it says is the world’s first incubator program for cellular agriculture in the dairy industry. Dubbed Mylkubator, the program will select and work with startups hoping to change the dairy industry through the development of alternative proteins. The program, which…
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Dutch cultured protein company Mosa Meat said over the weekend it has reduced the cost of its fat media by 66 times thanks to the work of a group the company refers to as its Fat Team. Without listing actual price numbers, Mosa Meat said its fat medium now costs 1.52 percent of what it…
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Singapore may be getting all the headlines as the latest destination for food tech, but another up-and-coming place to watch is the United Arab Emirates (UAE). The country recently launched a major new food tech hub in Dubai meant to boost internal food security while also turning UAE into a global superpower for food tech.…
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This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. Ever since Eat Just nabbed the world’s first regulatory approval to sell cultured meat in Singapore (and followed that milestone up by actually selling it), myself and many others have wondered which market…