food tech

MAYA Capital closes second fund with $100M for early-stage Latin American startups

This new fund triples the firm’s assets under management and will enable the pair to invest in another 25 to 30 companies.

Meal delivery service Daily Harvest recalls lentil product after customers report falling ill

Plant-based meal delivery service Daily Harvest issued a public recall of its French Lentil and Leek Crumbles product on June 22 after dozens of customers reported that they fell ill after consuming i

TechCrunch+ roundup: Food tech smorgasbord, VCs squeeze crypto founders, startup layoffs 101

According to The Good Food Institute, fermentation startups received $290 million of the $911 million investors dropped on alternative protein companies in Q1 2022.

Investors salivate over food tech companies perfecting precision fermentation

The technology is not "new," but what has industry followers so excited is the potential for better-quality, more-cost-effective proteins compared to animal-based counterparts.

Yo! Egg cracks into US restaurants with plant-based sunny-side-up, poached eggs

Yo! Egg is going after the more difficult “whole egg” experience, having developed an egg white and running yolk for consumers who like the taste and texture of that style of eggs.

How to pitch me: 6 investors discuss what they’re looking for in April 2022

Smaller seed rounds mean shorter runways, so partnering with an investor who actually understands your business well enough to add value is critical.

CellMEAT, a South Korean lab-grown shrimp producer, bags $8.1M Series A funding  

As consumers’ interest in the environment and nutrition rises, food-tech companies join the race to invent meat alternatives. In 2021, alternative seafood companies received $175 million in investme

Yelp expands restaurant health ratings in partnership with food tech startup Hazel Analytics

Yelp is broadening its partnership with Seattle-based food tech startup Hazel Analytics to expand health ratings on its platform, the company announced on Thursday. The two companies are working toget

Payrails emerges from stealth with $6.4M led by a16z to build the OS for payments

Payments — taking and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do business with multiple parties online. As it grows — fro

Splendid Spoon stirs its strategy to get you to love plant-based foods

For every dollar invested in Splendid Spoon in recent years, the company generated $15 in revenue.

Food tech company Amara gobbles up $12M for its nutrient-dense infant products

This year, Amara produced its Yogurt Smoothie Melts, which CEO Jessica Sturzenegger touts as “the only melt-in-mouth snacks for babies and toddlers without any added sugar.”

Five Seasons Ventures pulls in €180M fund to tackle human health and climate via food tech

Food tech is booming in Europe and is growing exponentially. In 2020, €3 billion went into European food tech companies (State of European Tech Report, March 2021), and the pandemic has accelerated

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
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