Category: Foodtech
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Israeli food tech company Meat-Tech 3D officially announced yesterday that it had closed a $7 million funding round for its cultured meat production technologies that integrate 3D printing. The round was led by Psagot Provident and Pension Funds with participation from the Mor investment house as well as private investors. The funding announcement comes about…
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You know those hydraulic press videos on YouTube that are super popular? The ones where an industrial press basically smashes various items like soda cans, basketballs and red hot steel? Now imagine one of those presses in your kitchen crushing fruits and veggies, and you have the Brut Super Juicer. Now in the middle of…
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New Jersey-based indoor farming company Edible Garden has launched a crowdfunding campaign in the hopes of raising $1 million for its controlled-environment indoor farming operations that supply leafy greens and herbs to grocery retailers across the U.S. The campaign is currently live on crowd investment platform Republic, with $5,075 raised so far and 74 days…
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Beverage giant Coca-Cola recently unveiled a prototype for its first-ever paper bottle, the first step in the company’s goal to create a bottle that can be recycled like any other type of paper product (h/t Food Navigator). This first-generation prototype, for which Coca-Cola partnered with paper bottle company Paboco, still contains some plastic. Coca-Cola explained…
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Dairy Farmers of America (DFA) announced this week that applications are open for its 2021 accelerator program, newly renamed the DFA CoLab Accelerator. Any early-stage food product company working in some portion of the dairy supply chain is welcome to apply, according to a press release sent to The Spoon. The DFA, a decades-old cooperative…
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There’s good news for people in the U.S. who like sweets but want to reduce their sugar intake. Israeli startup DouxMatok announced today that its not-a-sugar-substitute will be mass produced by sugar manufacturer Lantic here in North America starting next year. As you are probably well aware, we eat a lot of added sugar in…
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Denmark-based biotech startup Kaffe Bueno announced this week it has raised €1.1 million (~$1.3 million USD) in seed funding from Paulig Group Venture Capital, Vækstfonden, The Yield Lab, and an undisclosed angel investor. According to a company blog post, Kaffe Bueno will use the new funds to scale up production of existing products and launch…
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Apeel, best known for its edible produce peel that extends the lifespan of fruits and vegetables, announced today it has raised $30 million in funding from the International Finance Corporation (IFC), Temasek, and Astanor Ventures. The new funds will be used to help smallholder farmers both reduce food loss and gain access to higher-value markets…
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Aleph Farms, announced its new “Aleph Zero” program today, which aims to bring the production of cell-based meat into outer space to help humans become “multiplanetary.” Aleph’s lab-grown, slaughter-free approach to creating meat could mean that astronauts may one day could create their own steaks and other protein on long-haul missions far away from any…
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Two alt-protein heavyweights in the U.S. took major steps this week in their expansions across Asia, underscoring the growing demand (and need) for alternatives to animal protein in that region. At the tail-end of yesterday, San Francisco-based food tech company Eat Just announced a partnership with a consortium led by food investment fund Proterra to…
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SVG Ventures’ THRIVE platform, which connects farmers, food tech companies, corporations, and investors, is now taking applications for Cohort VII of its THRIVE accelerator program. Typically, the program looks for seed-stage startups from all over the world whose solutions have a tech angle and aim to make the agricultural system more efficient, sustainable, and secure.…
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That Singapore is a fast-rising superpower in food tech is something that’s become apparent over the last several months. And yesterday, during a SKS 2020 panel on the Asian food tech landscape, the city-state came up in conversation again as an enormously important location to watch when it comes to food innovation and investment. “If…
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