Category: Business of Food
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Kyoto, Japan-based controlled environment agriculture (CEA) company Spread said this week it has developed technology that will let it mass-produce strawberries in a vertical farm setting. Spread is “old guard” when it comes to indoor farming, having completed its first large-scale vertical farm in 2007. Since 2018, the company has also operated its Techno Farm,…
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Freight Farms, best known for its controlled environment agriculture (CEA) tech made for small spaces, this week unveiled Greenery S, the latest model of the company’s vertical container farm system. This is the tenth generation of the Greenery and includes “a fresh suite of features,” according to a press release sent to The Spoon. Said…
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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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Some of the stats we’re watching closely as our nation slowly comes out of the pandemic are those for online grocery sales. Namely, will the e-commerce curbside pickup and delivery habits consumers were pushed into during lockdowns stay now that we can literally breathe easier back in stores? Thankfully the Brick Meets Click/Mercatus Grocery Shopping…
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Foodservice and facilities management company Sodexo announced this week it will partner with controlled environment agriculture (CEA) grower Vertical Harvest to source greens from the latter’s forthcoming vertical farm in Maine. Sodexo said it will source about 80 percent of its lettuce products distributed in its Maine facilities from that farm, rather than importing food…
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It says something about the popularity of at-home indoor farms when a Kickstarter campaign for one meets its funding goal in 20 minutes. Such was the case recently with Click & Grow, an Estonian-born startup that cites NASA as the chief inspiration behind its smart garden systems. Click & Grow was one of the original…
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Bitcoin Pizza Day is coming up, which makes it an apt time to launch a bitcoin-themed virtual pizza restaurant. Anthony Pompliano, an entrepreneur and investor, announced today he is launching Bitcoin Pizza, a pop-up restaurant brand that will partner with independent pizza shops to deliver pies from May 22–29. (May 22 is the official Bitcoin…
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Control ag company AppHarvest is adding more of both crop types and technologies to its budding greenhouse network, according to the company’s Q1 2021 earnings call this week. That includes strawberries, leafy greens, harvesting bots, and lots of data. The company, which went public in February, is best known at this point for the 60-acre…
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On-demand payment service DailyPay announced today it has “secured” $500 million in capital, according to a press release sent to The Spoon. Of that number, $175 million comes from a Series D round led by Carrick Capital Partners with participation from existing investors. The remaining $325 million comes in the form of “credit capital from…
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Eat Just announced today that its GOOD Meat division has raised $170 million in new funding. The round included UBS O’Connor, Graphene Ventures, K3 Ventures, and others, and officially makes GOOD a subsidiary of Eat Just. The company said today it plans to use the new funds to increase capacity of GOOD’s cultured meat production…
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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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Burger King said over the weekend it is trialing its first-ever delivery-only restaurant, a location in London, UK that opened on Sunday. The burger chain said this new venture has the potential to reach over 400,000 customers in the North London area. For its first delivery-only initiative, Burger King has partnered with FoodStars, the commissary…
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