Category: Business of Food
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On-demand delivery service GoPuff announced today it has acquired fleet management company rideOS, with TechCrunch also reporting a $115 million price tag for the deal after speaking with sources familiar with the matter. GoPuff, which raised $1.5 billion this past March, operates a delivery service that can fulfill orders — anything from food to baby…
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Since we just held a Spoon event this week focused on reducing waste, I thought it appropriate to recycle my headline from earlier this year: We Need to Talk About Cashierless Checkout. I’m not just being lazy, I think we legitimately need to talk about cashierless checkout (again) because so much has happened since the…
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Agtech company InnerPlant, which is changing plant DNA to create “living sensors” that mitigate crop loss, has raised $5.65 million in pre-seed and seed funding, according to an official announcement sent to The Spoon. The round was led by MS&AD Ventures, the investment arm of Japan’s MS&AD Insurance Group. Bee Partners, Up West, and TAU…
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OpenTable today launched its Show-Up for Restaurants initiative, which highlights the impact of no-shows and late cancellations on restaurants’ margins. The initiative will take the form of forthcoming new digital tools as well as “blog and social content educating diners on the impact of ghosting a reservation.” In most places in the U.S., dining at…
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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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Change Foods, a startup best known at this point for making animal-free cheese via a fermentation process, has closed an oversubscribed Seed round of $2.1 million. Investors include Plug and Play Ventures, Clear Current Capital, Canaccord Genuity, Better Bite Ventures, Jeff Dean, and GERBER-RAUTH, among others. To date, Change Foods has raised $3.1 million in…
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Deliveroo France and circular-packaging company barePack have started offering customers of the delivery service the option to get their food delivered in reusable containers, according to a report from Green Queen. Around 60 of Deliveroo’s restaurant partners are already participants in the program, which is live in Paris with plans to expand to other areas…
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Foot traffic and in-store visits to food and beverage establishments in the U.S. has increased 48 percent since the start of 2021, according to new research from marketing tech company Zenreach emailed to The Spoon. The uptick in restaurant foot traffic seems the natural result of more Americans getting vaccinated and cities and states loosening…
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Cooler Screens, the company that turns the doors of grocery coolers and freezers into full-motion display screens, is expanding outside of Chicago to more stores across the U.S. AdWeek first reported the news last week, but since we are halfway through the year, the story seemed like a good opportunity to check in on one…
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Dishpatch, a finish-at-home meal kit service based in the U.K., has raised £10 million (~$14 million USD) in seed funding from Andreessen Horowitz and LocalGlobe, who co-led the round. Other participants to the round include Stride, Entree Capital, Entrepreneur First, and several angel investors. The Dishpatch service is a cross between a meal kit company…
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More than once in the last few months, indoor farmers have named berries the next important crop for controlled environment agriculture (CEA). California Giant Berry Farms added further weight to that claim today by announcing a partnership with OnePointOne, a technology company that specializes in vertical farming. The eventual goal of the partnership is to…
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