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August 31, 2019

Food Tech News: DoorDash Gets Into Grocery, Tesco Cuts Plastic and a Chinese Corporate Catering Investment

Happy Labor Day weekend, to those who get Monday off! Hopefully you’re having a summery last hurrah, or else doing nothing but basking inside in the air conditioning. Either way, it’s well deserved.

Kick off your weekend with some food tech news. This week we’ve got stories about Chinese corporate catering investments, DoorDash moving into grocery and Tesco’s new packaging reduction initiative. Enjoy!

DoorDash partners with Mercato to get into grocery delivery
This week DoorDash partnered with e-commerce grocery platform Mercato to offer its users same-day delivery. DoorDash will be Mercato’s preferred partner, meaning it will fulfill the majority of the online grocer’s deliveries in the 22 states it serves. In a press release, Mercado CEO and founder Bobby Brannigan also stated that the retail platform is looking at rolling out its first delivery subscription over the next few months.

 

Tesco to ban products with excessive non-recyclable packaging
Tesco, Britain’s largest supermarket chain, announced that it would stop stocking products that have excessive plastic packaging (h/t The Guardian). The retailer’s CEO Dave Lewis said that starting next year, the company would “reserve the right not to list” goods with what it deems too much non-recyclable packaging. What exactly the company will deem “too much” isn’t specifically outlined. This news comes a few months after Tesco said it would try selling certain products in reusable containers.

 

Photo: Meican

Sodexo invests in Chinese corporate catering company
Sodexo Ventures, the VC arm of French foodservice and facilities giant Sodexo, invested this week in Beijing, China-based corporate catering company Meican (via Vending Times). Meican is an online platform that lets offices order food for delivery to employees. It currently partners with over 30,000 restaurants in 4 cities in China. Meican will use its new funds to expand operations in China, using Sodexo’s wide geographic reach to scale up more quickly.

Did we miss anything? Tweet us @TheSpoonTech if so — and enjoy your long weekend!

August 27, 2019

Advanced Farm Technologies Raises $7.5M Series A for its Strawberry Picking Robot

Advanced Farm Technologies (AFT), an agtech robotics startup, has raised a $7.5 million Series A round of funding led by Yamaha Motor Ventures & Laboratory Silicon Valley (“YMVSV”), the strategic business development and investment arm of Yamaha Motor Co., Ltd., with participation from Kubota Corporation, Catapult Ventures, and Impact Venture Capital. This brings the total amount raised by AFT to $9.2 million.

Based in Davis, CA, AFT creates robots as a service for farmers. It has developed the T-6 robotic strawberry harvester which operates on farms in the Oxnard, Santa Maria, and Salinas-Watsonville areas of California.

Agriculture is a hot area for robotics companies and automation. In addition to the fact that farms are facing a human labor shortage, farm work is hard work. It entains repetitive, manual labor often in hot conditions. Automating some of those tasks would help save people from getting heat stroke or dehydration after being out in the fields all day. Robots can also pave the way towards more efficient farming with precision application of water and pesticides.

Despite their potential benefits, robots haven’t had the best track record when it comes to picking strawberries. Even with the aid of computer vision, ripe berries can be hard to spot. They’re also fragile, so plucking them has to be done with the right amount of robotic care.

Perhaps this is why so many companies are tackling the problem. In addition to AFT, CROO Robotics, Traptic, and Agrobot are all working on robotic strawberry harvesters.

For its part, AFT says it will use the new funds to further expand its robotic strawberry harvesting program and “innovate in other areas.” If the company can nail robotic strawberry picking, that will indeed be pretty sweet.

August 23, 2019

The Food Tech Show: Delivery Bots Head to College

This week the Spoon gang got together to talk about some of the most interesting food tech stories of the week.

On this week’s Food Tech Show we talk about:

  • Starship’s new funding round and expansion to more college campuses
  • The new cow/plant-based milk blend product from Dairy Farmers of America
  • The curious crowdfunding campaign of Mealthy, a startup with a shoppable recipe app and pressure cooker air fryer converter lid
  • NYC’s proposed 10 percent cap on third-party delivery fees
  • Our reviews of the Impossible Whopper

As always, you can listen to the Food Tech Show on Apple Podcasts, Spotify or wherever you listen to your podcasts. You can also download direct to your phone or just click play below.

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Enjoy the podcast!

August 22, 2019

DoorDash Outlines New Payment Policy for its Dashers

It took just about a month, but DoorDash finally revealed more details about the ways in which the company is changing how it pays its delivery people, also known as “Dashers.”

In a corporate blog post today, DoorDash CEO Tony Xu wrote that the new policy was created with input from customers, Dashers and members of the Dasher Community Council. He also posted the following image that illustrated the changes:

Here are some highlights from his post:

  • Under this new model, base pay from DoorDash to Dashers will increase and will range from $2-$10+ per delivery depending on the estimated duration, distance, and desirability of the order.
  • Dashers will also have the opportunity to earn more through promotions. Promotions will include Peak Pay and Challenge Bonuses that we plan to roll out in the coming months.
  • Every dollar customers tip will be an extra dollar in their Dasher’s pocket, and customers will be able to tip at checkout or after the delivery. The amount DoorDash pays in base pay and promotions will never vary based on the tip amount.

That last one is especially important, given that DoorDash’s treatment of tips was a big reason the company got into such public trouble in the first place.

Xu goes on to outline key principles guiding these changes, which include making customers feel like their tips are, you know, actually going to the delivery person; that Dashers should earn more money now from DoorDash as well as overall; and that Dashers will have transparency about the nature of each order, including pick up and drop-offs so “they can make an informed choice about which deliveries to accept.”

Xu said that the company has been testing the model for the past month, and that it should roll out to all Dashers next month.

The devil is always in the details, so we’ll have to see how Dashers react to these changes as they go online. But at the very least, the move should alleviate a big headache for DoorDash as it looks to potentially go public next year.

August 2, 2019

I Tried Freshly, Which is Now Producing 600,000 Meals Per Week and Expanding into Snacks

It was the instructions to take the food out of the plastic tray and place it on an actual plate that hooked my wife. I mean, she enjoyed the meal as well, but it was this little touch that made Freshly stand out compared with the other meal services we’ve been trying throughout the summer.

It had been almost a year since we last checked in with Freshly, so when they reached out to see if I wanted to test out their meal delivery service, it seemed like the perfect opportunity to catch up with the company. After enjoying a few of their meals, I got on the phone with Carter Comstock, Co-Founder and Chief Innovation Officer at Freshly this week to learn what the company has been up to.

“We’re finally a national company,” said Comstock, “We launched two more kitchens this year, that gives us national coverage.”

Freshly now has three kitchens across Phoenix, AZ; Linden, NJ; and Savage, MD. This broader geographic dispersion means that the company can now ship meals to all of the 48 contiguous states. When I asked Comstock about the demographic makeup of his customers, he said “We are even across the board from 23 [years old] to 65+.” Geographically speaking, Comstock said that Freshly’s customers map closely to population density across the country, so more in cities than rural areas.

Comstock also said that Freshly’s kitchens are now producing 600,000 meals per week, up from roughly 200,000 a week a year ago. For comparison, ICON Meals puts out 50,000 meals per week.

While Freshly focuses on dinner menus, Comstock said that due to customer demand, the company is expanding into snacks, which just recently launched for customers only. Unlike its meals, however, the snacks are not made by Freshly’s kitchens; instead, they’re a box of prepackaged snacks that the Freshly team curates.

But it wasn’t the snacks that I tried, it was the meals. Freshly sent me (and, subsequently, my wife) four meals to try. Like Trader Joe’s and Whole Foods, Freshly has a list of 85 banned ingredients that it won’t use in its meals. The list doesn’t go as far as to make everything organic and locally sourced, but the meals don’t have artificial ingredients or flavorings, and contain no added sugar.

Meals arrive chilled (not frozen) in an insulated box with ice packs. Like with any meal kit or meal delivery service, the packaging always feels… excessive, even though I know they have to keep their meals cool to prevent spoiling and food waste. The insulation material is 85 percent biodegradable (though you still have to throw it in the trash), and the plastic trays are recyclable. The company also says you can drain the water-soluble gel from the ice packs into the garbage once it thaws, and recycle that plastic as well.

The meals I received were summer chicken and zucchini, super pesto and veggie fusilli, cod cakes and steak peppercorn. To cook each one, you just pop it in the microwave for roughly three minutes and dinner is served.

A dinner which the packaging suggests you put on a plate. It’s a small thing, plating, but I don’t remember the other meal services I’ve tried suggesting that. It actually made a difference and using a plate elevated the experience, like I was eating something homecooked and not off of a cafeteria tray.

Each of the meals I tasted was excellent, and as with other meal delivery services, convenient. Freshly provided me with a meal I wouldn’t ever make for myself that tasted really good, and only took three minutes to make. Having tested Freshly, Kettlebell Kitchen and ICON meals this summer, I’d have to say Freshly is my favorite so far. The Freshly meals tasted, well, fresher than the other options and I would totally eat them again.

The hardest part with any meal delivery service is the price. You can order 4, 6, 9 or 12 Freshly meals per week. Prices are $12.50 per meal on the four plan, $9.99 per meal on the 6 and 9 plans, and $8.99 per meal for the 12 plan. This is sort of a Goldilocks pricing between ICON, which starts down at roughly $8 a meal and the more expensive Kettlebell Kitchen meals, which are roughly $12 a meal.

I mean, fifty bucks a week isn’t bad for four meals, especially if you’re the type of person who goes out to eat four times a week. But I eat at home mostly, and adding another $200 – $240 to my monthly bills seems excessive, and kinda lazy.

But it is tempting to try it in bursts. Rather than a sustained, ongoing habit, I may try it for one week out of the month, just for the convenience and variety. If you’re interested in meal delivery, I’d recommend trying out Freshly, just remember to use a plate.

July 15, 2019

It’s Amazon Prime Day. Here are Some Connected Kitchen Gadget Deals to Consider

It may not be the most wonderful time of the year, but it is time for Amazon’s annual Prime Day (which is actually two days because Jeff Bezos does not believe in your paltry 24 hours). For the uninitiated, Amazon is going to put a lot of stuff on sale today and tomorrow, all in an effort to generate even more revenue and memberships of its Prime service.

Some of those Prime Day deals include discounts on connected kitchen gadgets and appliances, but, as with any product category, there is a lot of crap being shoveled our way today and passed off as a “deal.” Just because it’s on sale doesn’t mean you should buy it, which is where The Spoon comes in. We’ll be watching Amazon throughout the day to see what deals are actually worth your money. We’ll also be highlighting what The Wirecutter and The Verge find, because they have whole teams of people sifting through deals to offer great recommendations.

With that said, here’s what we’ve seen so far:

Amazon Echo Dot: $22 (normally $49)
Not too much of a shocker here, as the Dot goes on sale frequently. Still, if you’ve been on the fence about trying one, or are looking to outfit a couple more rooms, this is a chance to do it for half off.

Amazon Echo Show 5: $49.99 (normally $89.99)
If you want a screen with your Alexa assistant (look up recipes, watch videos while you cook, etc.), you can pick up this newer version of the Show.

You can also get an Amazon-brand microwave bundled with an Echo Dot for $60 during Prime Day.

Amazon is also leveraging Prime Day to drive people to Whole Foods, where it’s offering Prime members special deals.

Instant Pot (mutiple)
People love the Instant Pot multi-cooker, and there are a number of models on sale today. Making this more interesting, Instant Pot’s parent company, Corelle, had said that it would need to raise the price of Instant Pots because of President Trump’s trade war with China. Who knows how that will or will not turn out, so now’s a time to lock in a lower price.

Instant Pot Smart WiFi 6 Quart: $89 ($175)

Instant Pot DUO Plus 60: $56 (normally $70)

Instant Ace Plus Cooking & Beverage Blender: $90 (normally $150)

Breville Smart Oven
Typically $179.95, on Prime Day Breville’s smart oven is on sale for $129.99. The countertop oven has “smart heat” that transfers throughout the device, apparently leading to more evenly cooked food.

Anova Sous Vide Wand: $63 (normally $99)
Anova makes a solid sous vide wand that can turn just about any pot of water into an immersion circulator/cooker.

Prime Day is just getting started, so stop back by later today and tomorrow to see what other deals have popped up.

July 11, 2019

Future Food: Perfect Day’s Flora-Based Ice Cream Costs $20 A Pint — and It’s Awesome

This is the web version of our weekly Future Food newsletter. Be sure to subscribe here so you don’t miss a beat!

Welcome back. Last week was a short newsletter because I had to zip off and grill up Beyond burgers for a crowd. But now I’m back with some pretty sweet news. Perfect Day, the Silicon Valley startup making dairy without the cow, just released its first product: ice cream. And I was lucky enough to taste it.

The ice cream of the future?

A few weeks ago I got in a rental car, cranked up some tunes and drove to Berkeley, CA, to the offices of Perfect Day.

I won’t get into the nitty-gritty science behind it all, but basically the startup is making dairy proteins with genetically modified microflora (AKA bacteria), which they can combine with fats, water, and vitamins to make milk that tastes and acts exactly like the real thing. And they’ve raised a whopping $61 million along the way.

So, how did it taste? Honestly, awesome. The ice cream had the same creamy texture and smooth melt as ice cream made from actual milk, without any sort of funky aftertaste that often comes with other alternative dairy products. After I finished my first spoonful, all I could think was “yep, that’s ice cream.”

Perfect Day’s new flora-based ice cream. (Photo: Catherine Lamb)

Not exactly melodramatic, but that’s the point. Perfect Day’s ice cream tastes exactly like the real thing because, well, it basically is — at least on a molecular level. The dairy in it may not have come from a cow’s udder, but it contains the same key proteins (whey and casein), as well as a similar amount of fats and liquid. It also behaves in the same ways.

Going forward, one thing Perfect Day will have to navigate is what exactly to call their newfangled dairy product — and how to label it.

First, there are regulatory hurdles. Perfect Day is actually branding its ‘scream as “frozen dairy dessert” to avoid any kerfuffles from the FDA, but I wouldn’t be surprised to see some pushback from Big Dairy on them using the word “dairy” at all — after all, they’re already up in arms about plant-based alternatives using the word “milk.” However, as CEO Ryan Pandya pointed out, they need to keep the label on there so people with severe dairy allergies know that they should steer clear.

Perfect Day is also figuring out how it wants to label its product for the consumer. Their dairy isn’t made from plants, but it’s animal-free. It also isn’t grown in a lab, like cultured meat, but it is made using biotechnology. For now, they’ve settled on flora-based — a nod to the microflora that make the milk proteins. We’ll see if consumers embrace the definition, but honestly, if it tastes this good, they might not even care what it’s called. They’ll just be screaming for more.

Starting today, Perfect Day is selling 1,000 three-pint units of its ice cream for $60 (that becomes $100 when you include shipping (jeez, dry ice is expensive)).

Mystery solved

Burger King’s Rebel Whopper (Photo: Burger King)

When Burger King Sweden first announced it was introducing new plant-based Rebel Whoppers and Rebel Chicken Kings a few weeks ago, we started speculating about which companies might be behind the meatless products. Could it be fellow Swedish company, Oumph? Maybe Nestlé, who was already providing its meat-free Incredible burgers to McDonald’s in Germany and Israel?

As it turns out, none of the above. Yesterday we got an email this week from BK Sweden’s General Manager Iwo Zakowski, who revealed that they sourced their plant-based products from Vivera — the Dutch company that makes vegetarian versions of steak, chicken, and more.

It’s curious that Vivera made its Burger King debut not in its home country of the Netherlands but in Sweden. Then again, the Scandinavian countries have a huge appetite for plant-based products, especially the younger generations. And seeing as Vivera is one of the three largest alternative meat companies in Europe, I wouldn’t be surprised if we see their products on more BK menus coming soon.

Photo: DARING Foods.

Protein ’round the web

  • Costco is now selling two-packs of JUST Egg, the chicken-free egg product made of mung beans, for $9.99 — around half the price of a single bottle at most stores (h/t Livekindly).
  • Talk about a price cut: Reuter reported this week that cultured meat could cost under $10 in as little as two years. Considering the first cell-based burger cost $280,000, that’s quite the discount.
  • Scotland’s largest foodservice company, Brakes, is now serving meat alternatives from startup DARING Foods at its partner hotels and restaurants.

Eat well,
Catherine

June 26, 2019

The PicoBrew Z Professional Grade Beer, Kombucha and Cold Coffee Brewer Now Available

As we’ve noted many times, backing a crowdfunded hardware project can be a bit of a crapshoot. But one company that has consistently come through is PicoBrew with its various beer brewing appliances (the pulled Pico U notwithstanding). This week PicoBrew announced that its crowdfunded PicoBrew Z line of professional grade brewing appliances is available for immediate purchase.

Meant for restaurants, bars, pubs and the like, the Z series is an all-grain brewing device that can make beers, kombucha, cold brew coffee and spirits. Depending on the model, the Z line allows users to produce gallons of craft beer or cold brew in a short amount of time (hours), at a price point meant for businesses (or very hardcore homebrewers). According to the press release:

  • Z1 produces up to 2.5 gallons of beer/4 gallons of cold brew per brew cycle (MSRP $2,749.99)
  • Z2 produces up to 5 gallons of beer/8 gallons of cold brew per brew cycle (MSRP $4,999.99)
  • Z4 produces up to 10 gallons of beer/16 gallons of cold brew per brew cycle (MSRP $9,499.99)

In addition to using the standard beer and kombucha PicoPaks, the Z line also allows customers to customize their brews by using their own ingredients.

The Pico Z was notable among the PicoBrew line of products because it was pre-sold outside of a platform like Kickstarter and direct to consumers. While sidestepping a massive platform like Kickstarter was a gamble for the company, it paid off as PicoBrew raised $2.2 million in one day. Those early backers also got a bargain paying just $1,499 for the Z1, the Z2 for $1,999, and the Z4 for $3,999.

Worth noting is that the Z3, which was part of the crowdfunding campaign and made 7.5 gallons, is not listed on the company’s current purchase page. We’ve reached out to the company to find out more. UPDATE: A company spokesperson emailed us with the following:

Since the Z series is meant to be modular, we decided to focus on the configurations that our users have expressed the most interest in to streamline our communications and purchasing. Theoretically, a Z3 is just 3 Z1 units. A user with a Z2 could upgrade to a Z3 at any point by purchasing an additional Z and they automatically configure themselves to work together.

The crowdfunded beer brewing appliance market is tough. Brewbot, iGulu and Hopii were all successfully funded projects that went under for various reasons. A new entrant in the crowd-backed beer making market is BEERMKR, which costs $399 and is projected to ship this summer. Elsewhere, the crowdfunded Brewie recently partnered with connected air lock Plaato for an integrated home brewing solution.

By opening up to cold brew coffee and kombucha, PicoBrew has also opened up its potential market. In addition to bars and restaurants, it’s not hard to see cafés and grocery stores possibly purchasing Zs to craft their own blend of non-alcoholic drinks. This de-centralized move towards production at the edge is part of a larger trend we see in other categories with Bellwether ventless coffee roasting and the Breadbot.

If PicoBrew can crack into these new markets, the Z definitely won’t be the end of the line.

May 29, 2019

Newsletter: Will Data Ruin Dining Out? Plus, Join Our Food Tech Fireside Event

This is the web version of our weekly Spoon newsletter. You should sign up for it.

When it comes to dining out, your average person wants at least some consistency in the way their food is made. But at what point does consistency and predictability cross the line and become . . . boring?

I started thinking about this when writing about Nectar, which provides IoT-enabled bottle caps that monitor in real time how much booze is poured. Sure, for bar owners, this granular detail provides greater inventory management. But if a bartender knows they are being watched, will that then kill their creativity when it comes to mixology? Will they just dutifully pour the exact amount each time to keep a manager off their back?

For drinks it may not be as big a deal, because you typically don’t go to a bar for the taste of a cocktail. You go to be social, the drinks help fuel that.

But what happens when this type of real-time data insight comes to the restaurant and starts dictating every inch of the food journey there — from menu planning to which ingredients get bought and how they are used — to optimize dishes for portion control and popularity? Further, what happens to dining out when robots move further into the kitchen and make meals exactly the same way each time, every time?

It’s a question I pondered over the weekend in my post Will Data Ruin Dining Out? It’s an issue that’s only going to get bigger as more tech enters the restaurant space, and I’d love your thoughts on the subject. Do you think Google Analytics-style insights coupled with automation eradicate everything interesting on the menu?

Nailed it! BeeHex Creates Cake Decorating Robot
I realize I literally just asked if automation can put consistency in danger of becoming boring, but there are occasions when you do want that precision every time. Think specially decorated cookies for an event like a wedding or a convention.

This week, Mike Wolf covered Beehex, a startup that’s built a decorating robot that “prints” frosting on to cakes and cookies. The bot can finish 15 to 21, quarter sheet cakes in an hour, or somewhere between 120 to 500 cookies. This, according to the company is 66 percent more efficient than a human decorator.

This Beehex 3D Decorator isn’t cheap, coming in at $65,000 (or $1,600 a month lease). But for large-scale grocers or bakeries, it’s not hard to imagine them paying up for a machine that can essentially decorate 24 hours a day, every day.

Though perhaps wedding guests would prefer cookies with the bride and groom’s faces printed on them.

Last Chance to Register for The Spoon’s Food Tech Accelerator Fireside Event
If you want to take part in some lively discussion around food tech, you can do so at The Spoon’s new Food Tech Fireside online event. Every month, we’ll hold a virtual sit down with one or two food industry innovators and invite the audience to join in the talk via written questions.

We kick the series off this week with Tessa Price of WeWork Food Labs and Peter Bodenheimer from Food-X talking about food accelerators: what they are, what they’re not, and which companies and entrepreneurs should consider them as a path towards growth.

The event takes place May 30 at 10:00 a.m. PDT/1:00 p.m. EDT. Full details are here.

May 14, 2019

Newsletter: Real News About Fake Meat, Oatly and what is Chokkino?

This is the web version of our weekly Spoon newsletter. You should sign up for it.

I really did not want to write about alternate proteins in this newsletter this week.

Really.

We have a whole other weekly newsletter called Future Food devoted to topic (you should totally subscribe!) and I didn’t want to step on its toes. But there has been so much alt-protein news already this week, that it’s impossible avoid.

See what I did there? Because, you know, Impossible Foods raised $300 million yesterday in a whopper of a funding round, which coincidentally, will go in part towards making Impossible Whoppers for Burger King (and hopefully help the company keep up with demand). This brings the total amount raised by Impossible to $687.5 million and values the plant-based burger company at $2 billion.

Impossible’s raise, of course, follows the recent successful IPO of Beyond Meat, which, two weeks after the fact continues to perform well. FWIW, as of this writing, Beyond’s stock price is almost double that of former Silicon Valley darling, Uber.

But it’s not just plant-based beef making headlines. Aleph Farms, which makes lab-grown steaks raised $12 million from investors including Cargill, which is the country’s third-largest meat producer. This is the second cultured meat investment for Cargill, which has also put money into Memphis Meats, and appears to be disrupting itself, rather than letting some upstart startup do it.

Photo: Oatly.

You’d be forgiven if you needed a little latte pick-me-up to keep up with all the alt-protein news happening recently. And may we suggest a splash of Oatly in that latte? Catherine Lamb spoke with Oatly co-founder, Bjorn Oste, to get the story of how this oat-based milk in conquering coffee shops across the U.S..

Or perhaps you’ll be ditching coffee altogether. No, for real, stop laughing. During his recent whirlwind trip through Europe, Mike Wolf came across the cacao-based espresso made by Chokkino. Packed with all its superfood-y goodness, Mike wondered if Chokkino could one day make your preferred morning beverage.

My morning is just getting started, and there’s still plenty of news to cover! Thanks for reading, and be sure to sign up for our Future Food newsletter.

April 29, 2019

A Real Whopper! Burger King to Roll Out Impossible Burgers Nationwide

Well, that was quick. Less than a month after testing out the Impossible Whopper in St. Louis, Burger King said today that it will expand the availability of Impossible’s plant-based burger to all of its 7,300 locations by the end of this year.

The BK Lounge becomes the latest in an already impressive list of 5,000 restaurants to go in on Impossible. Other chains using Impossible’s heme-based burger “meat” include Qdoba, Red Robin, and White Castle. For all of these chains, adding a plant-based burger that looks, tastes, feels and even “bleeds” like the real thing opens up new customers bases in the growing market of vegetarians and flexitarians.

For those following the fake meat industry, the Burger King/Impossible announcement comes right before plant-based burger rival, Beyond Meat, is set to go public this week. The two companies have been in a bit of a tit-for-tat news battle throughout this month. While Impossible grabbed headlines for the BK test and now rollout, Del Taco announced it would serve Beyond Meat at all its locations nationwide and Beyond expanded overseas into Belgium and the Netherlands.

Will the BK deal help make Impossible the “king” of plant-based burgers? From the looks of it, we have a Game of Thrones-level battle brewing ahead as the competition between the two fake bleeding burger giants will only intensify over the course of this year. Both companies debuted new burger recipes this year. As noted earlier, Beyond is going public this week, which could raise $184 million for the company to expand its restaurant initiatives more aggressively. But Impossible is also taking the fight to the grocery aisle this year, where Beyond has focused much of its efforts and is well established.

If you’re into Impossible and Beyond burgers, you should definitely subscribe to our new Future Food newsletter, which covers and breaks down all the news in the emerging plant-based food world.

January 8, 2019

Vertical Farming Company Ceres Greens Wins Accel-VT Accelerator

Barre, Vermont-based vertical farming company Ceres Greens just scooped up the winning prize from foodtech accelerator Accel-VT’s recently wrapped program.

Part foodtech accelerator, part startup competition, Accel-VT — also based in Vermont — each year picks eight startups from around the U.S. and Canada to participate in its three-month program. Like many accelerators, it all ends with a pitch day, where startups present their ideas to investors. Winners are chosen from that process. This year, Ceres and Michigan-based labor-sourcing solution AgHelp came out at the top of the cohort.

Ceres, which opened for business in January 2018, is Vermont’s first vertical farm. The company’s proprietary technology uses sensors and automated controls to calculate temperature, nutrients, and amount of light its produce needs to grow. Not surprisingly, leafy greens are the main menu.

Ceres won a $25,000 equity-free prize, which the company says will go towards “expanding production.” Right now, Ceres supplies various restaurants and businesses in the state of Vermont which, though it’s one of the more rural states, imports 90 percent of its produce from the west. As we’ve previously discussed, there are significant challenges when it comes to scaling vertical farming solutions, especially when it comes to foods that aren’t leafy greens. But Ceres is a young company, and, while I speculate, the extra cash may help them expand production to areas beyond leaves.

Meanwhile, Accel-VT looks for companies who use tech to solve “pressing food system issues facing society.” If this past other cohorts are any indication, those issues include waste reduction, renewable energy, alternative proteins, and data solutions. Other notable participants in the recently wrapped cohort include edible cutlery maker Savor and Planetarians, who uses a patent-pending technology to turn defatted seeds into protein sources.

Applications for the next cohort aren’t open yet, but keep an eye out here for that date, as well as other news in the world of startup accelerators.

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