Upstream and downstream investment in Europe agrifoodtech were almost on par with one another last year, though upstream closed more deals.
Cultivate Next will invest in early-stage restaurant tech that can enhance both guest and employee experiences.
The US restaurant chain has teamed up with Miso Robotics to pilot kitchen automation solution Chippy.
While investment in eGrocery services increased substantially, especially in China, the return of foot traffic to brick and mortar retailers and restaurants saw investment double in technologies servicing them.
The Kenyan startup is hoping its inventory management app can digitalize supply chains and mitigate financing challenges for food businesses across Africa.
The Memphis, Tennessee-based startup provides a platform for restaurants which allows casual workers to log in and take customer orders remotely.
It’s taking aim at food waste by helping restaurant suppliers move expiring items more quickly.
Many employers are choosing to pay for workers’ lunches to incentivize a return to the office, according to workplace food ordering platform Sharebite.
The Singapore-based app claims to be the category leader for online food delivery, ride-hailing, and digital payments in Southeast Asia.
Singapore-based Trax was Southeast Asia’s highest-funded agrifoodtech startup in 2019, according to AgFunder data.
The San Diego-based startup is digitalizing the meal preparation business so that smaller players can streamlime operations, cut inefficiencies, and boost profits.
Freshly funded Advantir Innovations is riding the wave of interest in contactless foodtech with Swirl.GO, its smart soft-serve machine.
The Singapore-based app expects GrabFood to hit breakeven by the end of 2021 – with or without prospective merger partner Gojek, which has reportedly opened talks with e-commerce giant Tokopedia.
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.
Designed by Miso Robotics, Flippy is taking over grilling and frying stations at the burger chain so human employees can focus on customer satisfaction.
Phood’s back-of-house hardware and software system serves as a measurement tool for kitchen crews to help them figure out exactly what is being wasted.
The UK firm is buying two US startups, with CEO Tim Steiner seeing “significant opportunities” in robotic manipulation solutions for online retail and logistics.
Sun Art operates close to 500 stores across China which have been integrated with Alibaba’s food e-commerce platforms Taoxianda and Tmall Supermarket.
As the restaurant industry turns to tech amid Covid-19, startups are landing investment – and have a unique opportunity to accelerate tech adoption.
“Social Solidarity” is beyond any doubt one of the most used phrases of recent weeks. At the same time, the foodservice industry is probably the most affected sector of the global Covid-19 pandemic, as Italy is the worst-hit European country, writes Antonio Iannone.
I’m drowning in new food! Can someone please restructure me out of this mess?