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.
“GMOs are an old, bludgeon tool that feels dated,” said Sam Kass, food entrepreneur, former White House chef and senior policy advisor for nutrition, founder of Trove, and venture partner in Acre Venture Partners.
Leading British politicians and AgriTech industry representatives met in the House of Commons in London this week to focus attention on the development of a £500 million ($650 million) AgriTech Cluster, to be located on the edge of the university town of Cambridge, in the UK.
“The problem with food waste is that it’s everyone’s responsibility, so it’s no one’s responsibility,” said Chris Cochran, executive director of ReFED, the multi-stakeholder nonprofit organization committed to reducing US food waste.
"Unless companies can solve supply chain issues and produce more food using novel tech, I don’t think the Chinese food industry will change tremendously,” Temasek's Anuj Maheshwari told delegates at 2050 China Food Tech Summit.
Christine Gould has been running the Thought for Food (TFF) Challenge and Summit for six years now. But this year a contest usually saturated with biotech and digital startups had an entirely different theme among its applicants.
While it was a positive first step that the FDA addressing the space, how it will play out is still uncertain as participants debated who should regulate the products, what it should be called, and how its safety will be determined.
Professor Louise Fresco, the president of Wageningen University & Research and former Assistant Director-General of the UN Food and Agriculture Organization (FAO) addressed delegates at the AgriVest conference in Tel Aviv last week.
Corporate venture capital can help agrifood tech startups scale-up and expand to new markets, but can also be difficult to work with, according to entrepreneurs speaking on the sidelines of the Seeds & Chips conference in Milan this week.
The 2018 competition (The TFF Challenge) will close applications on May 4 after which 10 finalist teams will be selected from thousands of entries from around the world to compete for the chance to win up to $25,000 in cash grants and a trip to Rio de Janeiro, Brazil for the TFF Summit.