Postmates, a San Francisco-based logistics company that operates a network of couriers who deliver goods – mostly food — locally, has closed a pre-IPO $100 million funding round led by BlackRock, Glynn Capital and Tiger Global, upping the company’s valuation to approximately $1.85 billion.
"Last week I attended my first Computer Electronics Show (CES) in Las Vegas with 185,000 other tech seekers. My head continues to spin from the flying taxis and autonomous bread makers," writes Vonnie Estes.
Virginia-based sustainable packaging company TemperPack, which counts HelloFresh among its clients, raised $22.5m in a Series B round bringing the growing Packaging 2.0 sector into the spotlight.
Until now, the Tel Aviv-based startup has been operating in stealth mode, honing its technology and accelerating adoption of its service with a clandestine list of growers including large-scale citrus growers.
The report discusses three categories of innovation that are primed to improve our food system's sustainability and the roadblocks that are impeding each sector's progress.
Sugar has been a controversial subject in recent years, with many researchers and health experts suggesting that the sweet ingredient poses a bigger dietary threat than certain fats or cholesterol.
Rabobank recently announced the expansion of its food and agriculture innovation team in North America with the appointment of Anne Greven as the global co-head of F&A Innovation. We caught up with her and head of TERRA Eline Boot to find out more about the platform.
The government shutdown has compromised farmers' access to data, but three precision ag startups are hoping to ease the burden by offering open access.
It’s been a bumpy ride for many startup businesses offering meal kit delivery services — where they send customers pre-portioned ingredients to cook specific recipes at home each week.
The cost of attracting and retaining customers, and the logistical challenge that is delivering fresh produce, has proven a cost too big for many such startups leading to closures and failure across the globe.
Based on the report’s findings, Global Canopy has added new tools and guidance to its SCRIPT platform that will help banks take a more active approach to engaging companies about the sustainability and impact of their seafood-related practices.
As the sun sets on food tech in 2018 and the dawn of a new year arrives, what can we say about 2018 and what can be expected of 2019? A diverse number of food tech innovations were developed and used by an equally diverse set of generations, dominated the agricultural industry in 2018.
Ostara, a nutrient management solutions company, has closed a new round of equity financing co-led by existing investors VantagePoint Capital Partners and the food-focused European family office Wheatsheaf Group.
The British Government’s Food, Farming and Environment Minister, Michael Gove, has promised to deliver an ambitious new UK food strategy in 2019, embrace a properly funded 25-year environment plan and commit to rising investments in agritech.
With the festive holiday haze lifting and a brand new year ahead, we asked a few venture capital investors and startup executives to share their predictions and hopes for the industry in 2019.
Broadly they're hoping for more collaboration, better tech solutions built with farmers, increased understanding of food's role in climate change mitigation, more realism in funding, and greater diversity.
The question of how farmers and the agtech community of entrepreneurs, investors, and accelerators can work together to build great products is much harder to answer, write Connie Bowen and Sarah Nolet.
We want to make the most of the expertise in our network and are grateful that some of these members contribute guest articles to share their insights with our readers. Here's the top 3 from 2018.
The funds will be primarily used to advance Food-X Urban Delivery, SPUD’s shared e-commerce grocery delivery platform that allows multiple third-party retailer partners to provide grocery delivery to customers.
