Starbucks enters China’s agrifood investment scene with Sequoia Capital partnership
The US coffee chain and Sequoia China will make “strategic co-investments” in emerging, tech-driven food and retail startups “created in China, for China.”
The US coffee chain and Sequoia China will make “strategic co-investments” in emerging, tech-driven food and retail startups “created in China, for China.”
Although VC funding is in short order, Covid-19’s new challenges create new opportunities for some agrifood tech startups to shine.
Moka, a Jakarta-based startup offering POS software for food merchants, could help the on-demand ‘super app’ build out its service offering to restaurants.
Rebel Foods previously raised $125 million from Coatue, Goldman Sachs, Gojek, and Uber co-founder Travis Kalanick in its Series D round last year. It’s now expanding to Southeast Asia and the Middle East.
Swiggy will use the capital to expand beyond its core offering of on-demand food delivery, while Alibaba-aligned archrival Zomato is also securing funds.
#SupportStartups collates a variety of special offers, discounts, and promotions from regional startups to drive traffic and boost revenues, while SEAcosystem is compiling a jobs database.
Consumers are demanding more digital offerings from restaurants, but new technologies are creating unexpected pain points for operators.
Gojek and archrival Grab are rumoured to have held discussions about a potential merger.
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.
One of the robo-stars of this year’s Consumer Electronics Show in Las Vegas was a slightly wacky invention from Switzerland: a robot that has been
The major poultry products producer hopes to eventually integrate the platform with grocery retailer’s ecommerce offerings to enable digital basket sharing.
What does a CPG company want with smart checkout technology, you ask? Data, and lots of it.
So far, checkout-free technologies appear to be using the same recipe of technology: will they be forced to diversify or die?
A cold chain logistics automation startup scored $31m in funding while an app-based ingredients ordering platform for restaurants raised $33.5m.
“When pigs fly,” muttered some alt-protein naysayers. Well, they may have to eat their words after Omnipork’s CEO tells us the company’s heading to China.
#WorldFoodDay calls for action to make healthy and sustainable diets affordable and accessible to everyone. We find out what chefs and suppliers are doing.
Are you an allergy sufferer and in need of peace of mind? Israeli startup allerguard could help out. It just got $1.5m in backing for its detection tech.
Indian food tech unicorn Zomato is said to be closing a $600m funding round, led by Temasek and Ant Financial, matching a similar move by rival, Swiggy.
Zebra Technologies helps mega corporations like Disney tackle the issue of food safety with its smart tech. Read on to find out why it’s important.
Evolv Ventures launched late last year as the venture arm of ketchup and mac-and-cheese behemoth Kraft Heinz with $100 million to invest in startups. We caught up with Steve Sanger, a partner at Evolv, to find out more about the fund’s strategy and his personal shift from startup to investor
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International Fresh Produce Association launches year 3 of its produce accelerator