food tech

Ai Palette raises $4.4M to help companies react faster to consumer trends

Developing new packaged foods and consumer goods can take a couple years as companies research, prototype and test products. In a society that runs on social media, however, people expect to see trend

How one founder aims to bring researchers and food producers together around cultured meat

When Clarisse Beurrier was getting her education in chemical engineering and biotechnology, she already knew she wanted to make a difference; hence her participation in Effective Altruism Cambridge, a

Mushroom-based meat alternative startup Fable Food raises $6.5M AUD, will launch in the US

Sydney, Australia-based Fable Food is the latest plant-based food startup to announce funding. The company, which uses mushrooms in its meat alternatives, has raised $6.5 million AUD (about $4.8 milli

Acelerate raises $14.44M Series A to add cloud kitchens to existing restaurants

Acelerate, a software company looking to help restaurants make the most out of their infrastructure, is today announcing the close of a $14.44 million Series A financing led by Sequoia Capital. The st

Kenyan foodtech startup Kune raises $1M pre-seed for its ready-to-eat meals service

While there has been a wave of innovation in food tech worldwide, it’s still in early days for Africa. There are only a handful of African food-tech startups, and a year and a half’s worth

Pandemic helps Ordr’s simple POS platform for bars and restaurants raise $12M

“Order and pay” platform for bars and restaurants Ordr has raised a €10 million ($12 million) Series A round from Idekapital and OpenOcean. Launched in Norway in 2020 it now counts IKEA, Nordic

6 investors and founders spotlight SaaS, B2B and medtech as Wroclaw’s hot startup sectors

One of Poland's oldest and most picturesque cities, Wrocław is an up-and-coming contender in the startup space, thanks to its strong academic background and its proximity to Prague, Berlin and Warsaw

‘Bowl food’ startup Poke House closes $24M Series B led by Eulero Capital to expand in Europe

The food tech industry is effectively now going into fast food. Sweetgreen in the U.S. is a “fast-casual” restaurant chain that serves healthy “bowl food”. It’s raised $478.6 million

I can’t believe it’s not meat! Mycelium meat replacement company aims for summer launch of first products

Meati, a company turning mycelium (the structural fibers of fungi) into healthier meat replacements for consumers, is prepping for a big summer rollout. Co-founder Tyler Huggins expects to have the fi

Israel’s startup ecosystem powers ahead, amid a year of change

But it’s been hard to argue against this position in the last 10 years, as the country powered ahead, famously producing ground-breaking startups like Waze, which was eventually picked up by Google

Eat Just to sell lab-grown meat in Singapore after gaining ‘world first’ regulatory approval

Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The cell-cultured chicken will eventually be produced under Eat

A clean energy company now has a market cap rivaling ExxonMobil

The news last week that U.S. utility and renewable energy company NextEra Energy briefly overtook ExxonMobil and Saudi Aramco to become the world’s most valuable energy producer shows just how v

Singaporean startup Karana raises $1.7 million for meat substitutes made from jackfruit

Singaporeans have a growing appetite for plant-based meat substitutes. In fact, demand for products from companies like Beyond Meat, Impossible Foods and Quorn have grown during the pandemic, partly b

Forget sourdough, these sisters are launching a starter to create authentic Asian food

For immigrants in the United States, representation can feel complex, celebrated and oftentimes a mix of the two. And that’s exactly why sister duo Vanessa and Kim Pham launched Omsom, a seed-st

Plant-based milk substitute market gets frothy with $225 million for Califia Farms

The market for companies developing dairy substitutes is really getting frothy. In December, the startup Perfect Day Foods announced it had raised $140 million in financing for its dairy replacement a

Indian B2B food tech startup HungerBox raises $12M from Paytm and others

HungerBox, an Indian food tech startup that has courted 10 of the 11 largest companies in the country to use its services, today announced it has raised $12 million from Paytm and others as it looks t

The present and future of food tech investment opportunity

There is no bigger industry on our planet than food and agriculture. But despite a stalwart customer base, the food industry is facing unprecedented challenges in production, demands and regulation.

‘This is Your Life in Silicon Valley’: Nomiku Founder CEO Lisa Fetterman on why Silicon Valley doesn’t care about female founders

Welcome to this week’s transcribed edition of This is Your Life in Silicon Valley. We’re running an experiment for Extra Crunch members that puts This is Your Life in Silicon Valley in words – s

Looking Beyond Meat, the future of food investment looks pretty cheesy

As Beyond Meat continues its reign as one of the kings of this year’s IPO mountain, and Impossible Foods serves up impossibly good numbers for Burger King, venture capitalists seem ready to feas

From lab-grown meat to fermented fungus, here’s what corporate food VCs are serving up

We put together a list of venture funds operated by some of the larger food and beverage producers, covering literally everything from soup to nuts (plus lunch meat and soda, too!).
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