Brief: Rakuten, KKR buy into Walmart’s Japanese supermarket giant Seiyu
March 3, 2021
“We are excited to accelerate Seiyu’s digital transformation […] to become Japan’s leading omnichannel retailer,” said new CEO Tsuneo Okubo.
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Tag: Industry Brief
Brief: Beyond Meat signs global supply deals with McDonald’s, KFC & Pizza Hut
March 1, 2021
The agreements mark a significant amping-up for Beyond Meat, which has so far only launched limited foodservice trials in the US, Canada, and China.
Brief: Infarm launches modular growing & distribution center to expand footprint faster
February 24, 2021
The new growing center takes six weeks to construct and can produce the equivalent of up to 10,000-square-meters of farmland, according to InFarm.
Brief: Driscoll’s partners with foodtech startup Consumer Physics to measure sweetness in berries
February 23, 2021
Consumer Physics will apply its SCiO technology, which uses near-infrared spectrometers and cloud-based software, to Driscoll’s quality measurement process.
Brief: Biden’s climate plan includes ‘carbon bank’ for farmers who adopt regen practices
February 17, 2021
The US President’s plan calls for a ‘carbon bank’ that would pay farmers, ranchers, and foresters for implementing regenerative agriculture methods.
Brief: ‘All rich countries should move to 100% synthetic beef,’ says Bill Gates
February 16, 2021
Promoting his new book on climate change technologies, the Microsoft co-founder said plant-based protein makers Beyond Meat and Impossible Foods are “totally competitive.”
BRIEF: Microsoft to purchase up to $2m in carbon credits from Land O’Lakes
February 8, 2021
TruCarbon, the new carbon credits program from Land O’Lakes, will help the co-op’s farmers to measure and monetize sequestered carbon on their land.
Brief: Lawsuit challenges US regulatory approval of heme in Impossible Foods’ ‘bleeding’ burger
February 4, 2021
Advocacy group claims the Food & Drug Administration approved heme without meeting the ‘convincing evidence’ bar required by its own regulatory process.
BRIEF: Uber gulps down drinks deliverer Drizly in $1.1bn deal
February 3, 2021
Drizly, which hosts thousands of merchants across 1,400 US cities on its alcohol delivery marketplace, will be integrated into Uber Eats.
Brief: Organic Valley pilots satellite-backed grazing management to improve pasture management
February 2, 2021
Organic Valley is piloting a tool that uses satellite data to help its dairy farmers make better grazing management decisions.
BRIEF: India’s UPL partners with grain monitoring startup TeleSense to reduce food waste
January 28, 2021
TeleSense is partnering with UPL, which will deploy the US startup’s grain storage monitoring tech in an effort to reduce spoilage and waste.
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