The investment dovetails neatly with Meituan Dianping’s wider offerings, including doorstep meal delivery, groceries delivery, and restaurant reservations and recommendations.
A digital hospitality management point of sale system managed to close an oversubscribed investment round despite the global backdrop perhaps bolstered by its food delivery-related offering as other startups offer other means to avoid human interaction in the restaurant space.
The Livekindly Company — a collective of plant-based brands — lifted the lid this month on a $200-million founders’ funding round, a move designed to help its brands keep pace with an increasingly competitive peloton of global plant-based protein brands
Gojek and archrival Grab are rumoured to have held discussions about a potential merger.
Genetically modified foods have a long history of opposition but today’s consumers are giving them another look.
South Korea’s Mirae Asset led the round, with existing backers including Hong Kong-based Horizons Ventures and Singapore sovereign fund Temasek joining in.
As meal kit companies struggle to secure customer loyalty and combat churn, online grocery is gaining traction. Could dedicated meal kits soon be extinct?
New Crop Capital, a pre-IPO investor in Beyond Meat, has funded Shenzhen plant-based protein startup Starfield alongside Matrix Partners and others.
As US agri-foodtech investment slowed slightly in 2019, other markets picked up the slack. Here’s a list of the leading deals outside the US.
Thought For Food (TFF) and Food Lab Accelerator at Google (FLAG) have unveiled a Brazilian banana peel-inspired winner of this year’s TFF x FLAG Circular Economy of Food Prize.
Local food is hot but there’s a disconnect between local producers and grocery retailers that Foodshed.io is hoping to solve.
Venture capital investment across all industries dropped in 2019 — around 16%, according to the VenturePulse report — against a backdrop of global uncertainty related
Biomanufacturing is the term used to describe the process of using biological systems as opposed to chemistry to produce commercial biomaterials. Crudely this means using certain microbes — naturally-occurring species or genetically designed — to produce certain materials.
Scale-up businesses contend with a unique set of challenges to startups, which an emerging group of programs and resources like ScaleUp Food are trying to address.
there are a few ways to interpret this $19.8 billion figure. Though it signals a 4.8% drop in funding and 15% decline in deal activity year-over-year, it also represents a staggering 250% growth in five years, and proves that the huge scale of investments in 2018 was no freak outlier.
Israel-based Fabric (formerly CommenSense) is currently working to expand its US footprint with its robot-backed software platform to provide micro-fulfillment almost anywhere
Climate scientist, inventor and founder of two sustainable businesses, Adam Lowry is currently CEO of Ripple Foods, a dairy-free milk products company. His first company was Method, the sustainable cleaning products brand that’s now a household name.
With the team at Yofix confirming the closure of a Series A funding round at $2.5 million, it is now clear that a few dairy behemoths have acquired a bit of a taste for plant-based yogurts.
Michelle Egger and Leila Strickland are the founders of BIOMILQ, a biotech company seeking to optimize a woman’s breastmilk by culturing it in a bioreactor, rather than the natural way.
A Wageningen spin-out, the company claims its non-GMO animal-free replacement is more cost-effective than traditional egg whites.
