I Attended a Techstars Virtual Demo Day and It Was Actually Pretty Good
One of the hardest parts for me personally about COVID-19 has been watching my son lose a big part of a senior year in high school. Daily zoom lectures are […]
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Ireland Grocery Delivery Startup Buymie Raises €2.2M
Buymie, a grocery delivery startup based in Dublin, Ireland, announced this week that it has raised €2.2 million (~$2.39M USD) and extended its partnership with German supermarket chain Lidl for […]
Foodie Card Raises $1.5M for Its Subscription Service Supporting Both Restaurants and Food Banks
Dining subscription company Foodie Card announced today it has closed a $1.5 million seed round for its service that gives customers discounts on restaurant food while also donating to those […]
Plantible Raises $4.6M to Accelerate Production of Protein Made from Aquatic Plants
Plantible Foods, a San Marco, California-based startup making alternative protein from aquatic plants, has raised a $4.6 million seed round. The round was co-led by Lerer Hippeau and Vectr Ventures, […]
Restaurant Suppliers Selling to Consumers is Officially a Trend
This is the web version of our newsletter. Sign up today to get updates on the rapidly changing nature of the food tech industry. If it takes three of something […]
Refraction’s “Goldilocks” Size Could Make it Pretty Great for Robot Grocery Delivery
Contactless delivery as a concept, didn’t exist prior to the COVID-19 pandemic. The phrase describes the way of delivering food and other goods without humans having to interact with or […]
Starbucks Leans on Digital Orders and Modified Formats to Reopen 90% of Stores by June
Starbucks plans to reopen 90 percent of its U.S. stores by early June, the company said this week on its Q1 2020 earnings call. As expected, stores won’t immediately reopen […]
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- Food Tech insider surveys
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- Weekly Food Tech Intelligence Briefing
Third-Party Delivery Integrator Deliverect Raises €16.25M
Deliverect, which makes software that integrates orders from multiple third-party delivery services into a restaurant’s POS system, announced today that it has raised a €16.25 million (~$17.63 million USD) Series […]
Deliveroo Cuts 15% of Staff in Response to Coronavirus
UK-based food delivery service Deliveroo confirmed that it is cutting roughly 15 percent of its staff — a little over 350 people — and furloughing others, according to a report […]
Eat Beyond Global’s CEO on Why Now is Prime Time to Invest in Food Tech
With so much instability in the world right now, it may seem like a tricky time to be raising money for an investment fund. Especially in a burgeoning space like […]
Paytronix Raises $10M for Its Restaurant Guest Management Platform
Restaurant guest management platform Paytronix Systems announced today it had raised a $10 million round of fresh funding. The round was led by Great Hill Partners and Paytronix cofounders Matt […]
Wait, Robot Delivery Companies Charge the Same Commissions as Human Delivery?
One of the key selling points of our delivery robot future was that it would be less expensive than existing human efforts. Yes, automation would take some human jobs, but […]