San Francisco-based VC firm Scrum Ventures just announced Food Tech Studio – Bites!, a food tech-focused program that looks to bring together a variety of companies innovating across the food industry. Speaking on the phone this week, Michael Proman, Managing Partner at Scrum Ventures, said the program is something of a reinvention of the…
Samsung subsidiary Whisk today announced the launch of its new artificial intelligence-powered recipe content management platform for CPG companies and retailers. In a nutshell, Whisk’s new tool allows companies to unify and organize recipe data that may be scattered across multiple platforms. For instance, a retailer could have recipes that exist in a website, as…
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Thanks to disruptions in the food supply chain, panic-buying sprees, and the general uncertainty of the times, growing food at home seems like a pretty good idea of late. Trouble is, many consumers don’t have the know-how to cultivate their own leafy greens and other produce in the backyard. Even those who do often lack…
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Mosa Meat, the Netherlands-based company known for creating the world’s first lab-grown hamburger, announced today it has raised $55 million as part of a larger Series B round. The round was led by Blue Horizon Ventures with participation from Bell Food Group, M Ventures, and others. Earlier this year, the company said it had achieved…
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With food waste now an important dialogue in the food industry, and a growing area for tech innovation, it’s a good time to lay out the differences between “food waste” and “food loss.” One third of the world’s food — roughly 1.3 billion tons — goes to waste each year, but across the globe, it…
Digital publisher Dotdash announced today that it has acquired the websites Simply Recipes and Serious Eats from Fexy Media. Terms of the deal were not disclosed. Dotdash was already a sizeable player in the consumer content publishing space, owning such brands as The Spruce, Lifewire, TreeHugger and Liquor.com. This is the fifth acquisition for Dotdash…
Plant-based food startup Float Foods said this week it has launched a new incubator for plant-based food innovators in Indonesia (h/t Green Queen). Dubbed NEWFOOD Startup 2020, the program is a joint effort between Float Foods and food incubator Ultra Indonesia. According to the NEWFOOD 2020 website, the program will invest in “up to 10…
Brightseed, which uses artificial intelligence (AI) to aid food companies in the discovery of new nutritional compounds in plants, announced today that it has raised $27 million in new funding. The round was led by Lewis & Clark AgriFood and brings the total amount raised by Brightseed to $52 million. According to Brightseed, just 1…
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Nowadays, governments, grocery retailers, industries like agriculture and grocery, tech companies, and many others are working to fight food waste at both the local and international level. In the developed world, at least, much of that focus over the last 12 months has been on the consumer kitchen, which is responsible for by far the…
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TechStars today announced the 2020 class of its Farm-to-Fork program, which selects and supports companies and entrepreneurs working in the food and agricultural industries. The program is in its third year, with 2020 being the first time it goes 100 percent virtual, thanks to the ongoing pandemic. But if there’s anything akin to a silver…
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Cell-based meat may be some time away from the grocery aisle, but that hasn’t stopped companies all over the world from trying to raise animal protein without the actual animal. Think cell-based beef, pork, and seafood, and, now, kangaroo and alpaca. The latter two on that list come courtesy of a Sydney, Austraila-based company called…
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Finnish vertical farming company iFarm announced today it has raised $4 million for its automated indoor farming operation, according to a press release sent to The Spoon. The round was led by existing investor Gagarin Capital with participation from Matrix Capital, Impulse VC, IMI.VC, and several angel investors. iFarm makes a turnkey vertical farming solution…