Is UK eGrocer Ocado’s $22m Vertical Farming Investment a Bargain? – updated
A $100m Series B round for Germany's Infarm soon eclipsed Ocado's deal with JCB and 80 Acres. But has the UK eGrocer got a good deal?
Tag Archives: food e-commerce
Asia Funding Frenzy: 5 Food & Farm Tech Startups Raise $40m
Five startups raised $40m in funding this week for a variety of tools primarily aimed at helping farmers capture better margins and bring consumers better offerings.
Future Food: How Whole Foods’ Walter Robb Thinks About Food Tech and The Future of Grocery
In this second edition of Future Food, I chat to Robb about his food preferences, his contrarian views of the plant-based meat trend, the role of big data in food, and how the Amazon deal came about.
FIA Food for the Future Summit
The FIA Food for the Future Summit will bring together regional CEOs and senior executives from multinational and Asia-based food companies, entrepreneurs and innovators, leaders in government and experts from NGOs and academia.
Can Restaurant Tech Help Industry Compete with Food E-Commerce? POS Startup Toast Says Yes.
With food delivery startups becoming more popular than ever, restaurants are turning to technologies like food-focused POS systems to keep pace with the rapidly rising digital tide.
Food Tech Startup Steps up to Alleviate Federal Workers’ Food-Related Government Shutdown Woes
On-demand food delivery startup DoorDash and social service access platform mRelief are teaming up to provide affected San Francisco residents with up to $35 in DoorDash credit while they wait for their food stamp benefit approvals.
Postmates Raises $100m in Pre-IPO Funding For Expansion of Online Food Delivery Service
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.
Canadian eGrocer SPUD Raises $8.2m Pre-IPO Funding for Food-X Urban Delivery
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.
EXCLUSIVE: Indian AgriFood Startups Raise $1.7bn in Venture Capital 2013 – 2017
Indian AgriFood Startups Are Innovating to Give Consumers What They Want, and Fix a Broken Industry. Find out more in this first-ever India AgriFood Startup report.
Why Syngenta Ventures Invested in India’s Ninjacart
Ninjacart aims to increase farmers’ incomes, reduce food wastage, introduce competitive prices for retailers, and ensure quality food for all consumers. But how can this benefit Syngenta?
Why is Europe Behind in Food Tech Investment?
European food tech startups are on course to have raised between €750 million to €1 billion in 2018, according to different estimates. That will be around a 40% decline on 2017 funding levels.
Food Delivery Startups Might be Boring, But They’ve Returned 7x in Europe in 5 Years
The first wave of European food tech companies has mostly focused on building technology and logistics platforms to deliver food to consumers. And while the plethora of new food e-commerce options across the globe has caused investor fatigue and failures, the five leading food delivery companies in Europe are now worth seven times more than their combined investment, an awesome feat, according to Niccolo Manzoni, partner of agrifood tech investment firm Five Seasons Ventures.
Grocers Are Failing to Meet $20bn Consumer Demand for Local Food
While the demand for local food has never been greater, many grocers are ill-equipped to serve customers who are willing to pay more for local food, according to a survey conducted by Forager.
AgriFood News: Olio Raises £6M Series A, Nutreco invests in ViAqua, Farming as a Career, more
UPDATE: AI-Powered Online Farmers Market Farmstead Raises $4.8m in Seed Funding
The San Mateo, CA-based operation says it has delivered 15,000 orders in the Bay Area in their first year of operation.
Alibaba’s Jack Ma Interviewed by ImpactVision CEO at Davos
Ramanan interviewed the e-commerce giant in her capacity as a World Economic Forum Global Shaper — a network of teams of young people committed to solving global problems.
Ag Industry Brief: Munchery Board Member Takes Leave For Sexual Misconduct, Pizza Hut Delivers Beer, Organic Certification M&A, more
An agrifood tech investor takes leave after accusations of sexual misconduct, plus more personnel changes and agtech team-ups in this week's brief.
A Tour of the Food E-Commerce Graveyard: Are Investors Losing Their Appetite?
The number of high-raising food delivery startups that have shuttered in the last two years suggests that even with millions of potential customers within a few miles, online restaurants are a hard nut to crack.
Ag Industry Brief: Agsolver Gets Acquired, Danforth Working on Biofuel for DOE, Walmart Moves into Same-day Delivery, more
Monsanto Growth Ventures portfolio company Agsolver has sold to a Texas-based agricultural software provider, new hires, and more Aussie IPOs in this week's brief.
Ag Industry Brief: Heat’s on Amazon, China Approves GMOs, Blue Apron IPO Investigated, more
Trump's nomination of Sam Clovis, a new hire at Finistere Ventures, Hampton Creek's board fallout, and Arlon's Brazilian dairy investment are also covered this week.