Funding for food waste solutions up and down the supply chain reflects the growing importance of the category for businesses, consumers, and investors alike.
More than half of survey respondents said grocery stores must improve their sustainability claims and avoid greenwashing.
Funding will support further expansion of Flashfood’s food rescue and redistribution program at grocery retailers across the US.
Food retailers need technologies that can automate the supply chain to minimize disruptions and optimize inventory management.
A strategic partnership with Walmart includes putting Plenty’s vertically-grown greens on Californian store shelves this year.
The UK startup will use its insect farms to turn food waste from Morrisons supermarkets into feed for hens to produce ‘carbon-neutral’ eggs.
Symbotic said it’ll use the proceeds to “accelerate its growth plans” and “efficiently deliver on its contracted backlog.”
The Series A round led by Collaborative Fund will allow the Boston-based startup to enhance its ‘liquidation platform’ that helps CPG brands reduce food waste.
Americans could generate more than 300 million pounds of food waste this year as Thanksgiving gatherings resume and aspirational shopping abounds. The carbon footprint associated with that waste is the same as driving 169,000 cars for a full year, according to non-profit ReFed.
The US-based company wants to eliminate food waste by turning surplus grocery store inventory into animal feed via a closed-loop upcycling process.
CEO Erez Galonska said the deal “represents one of the largest rollouts of any vertical farming company in North America to date.”
The Tel Aviv-based startup plans to use the Series E funds to pursue M&A deals that will allow it to rapidly scale.
The French startup uses AI to help supermarkets identify items near expiration and determine whether they should be discounted or donated to charity.
The nonprofit Kroger unit is hoping to address food waste and hunger by supporting startups making novel foods from upcycled ingredients.
The last visible vestiges of Tesco’s Asian retail operations are set to disappear as stores carrying the UK company’s name undergo a rebrand.
A new report from EIT Food suggests that consumer trust in the food sector increased during Covid-19 – but consumers are skeptical of industry intentions.
San Francisco’s Afresh has seen a major uptick in interest for its AI-powered order management software as Covid-19 rocks the supermarket industry with shifting demand patterns.
It faces steep competition from players like Walmart and Amazon, who have been in a bitter fight to acquire consumers — and keep them.
Dumpling turns the traditional gig economy on its head by putting personal shoppers at the center of the platform and incentivizing good customer service.
The Bengaluru-based company is reported to have paid $20 million for the online milk-delivery specialist.
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