Daily news and analysis about the food tech revolution
Earlier this month, Bloomberg Intelligence released a report called “Plant-Based Foods Poised for Explosive Growth” that stated the alternatives proteins and dairy market could increase to $162 billion in the […]
The waning days of August usually mean a slowdown in news, but not so in the red hot food tech space. This week’s food tech funding news includes (yet another) […]
Gopuff announced today that it has raised another $1 billion in funding, confirming reports from last week of just such a round. New investors Blackstone’s Horizon platform, Guggenheim Investments, Hedosophia, […]
One thing is becoming clear as all these speedy grocery delivery startups pop up, proliferate and pile on the funding: All this activity isn’t just about getting you groceries. Increasingly, […]
AppHarvest this week announced a $91 million financing arrangement with Equillibrium Capital, according to Food Navigator, who broke the news. The money will go towards AppHarvest’s previously stated goal of […]
If you feel like you’ve fallen behind in the fast-paced world of food tech, you’ve come to the right place. In this week’s Food Tech News roundup, we have stories […]
In addition to delivering groceries fast, Gopuff is pretty speedy when it comes to raising big sums of money. Bloomberg and Axios both reported yesterday that Gopuff is raising an […]
In looking at Brick Meets Click/Mercatus online grocery sales data since March of this year, you might start to worry. After matching a record high of $9.3 billion in total […]
Indian delivery service Swiggy has closed a $1.25 billion round of Series J funding led by Softbank Vision Fund 2 and Prosus Ventures, according to TechCrunch. Qatar Investment Authority, Falcon […]
Restaurant operations tech company Zenput has raised $27 million in Series C funding. The round was led by Golub Capital with participation by existing investors, including Jackson Square Ventures, MHS […]
Collectiv Food, a London-based B2B food marketplace, announced today that it has raised £12 million (~$16.3 million USD) in Series A funding. The round was led by VNV Global, along […]
Halla, the AI-powered production recommendation service for grocery retail, announced today that it has raised $4.5 million in Series A1 funding, led by Food Retail Ventures. This brings the total […]
