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From the whopping $127 million invested in food tech media startups in January to a list of the hottest farm tech startups, these are our top stories from last week in food tech. Like what you read? Feast your eyes on the full roundup here. Or better yet, sign up for our newsletter and get the latest and greatest in food tech delivered to your inbox every week.
With 3 IPOs and $127M+ invested in food tech media startups in January, 2014 is off to a great start for the industry.
While the acquisition only adds 1,100 Birmingham-based restaurants to Just-Eat’s existing partners, it allows Just-Eat to expand the reach of the EPOS technology throughout the 13 countries in which it operates.
AccelFoods, an “accelerator” that invests in up-and-coming food and beverage brands and offers mentoring from experts, like Ed Levine and Tom Colicchio, is looking for its next class.
Aseptia, which has developed a patented technology that maintains the freshness of food outside the refrigerator, secured $28 million in its third funding round from Lookout Capital, Prudential, FB Heron Foundation, and SJF Ventures.
IBM has teamed up with the CIA and programmed supercomputer Watson to serve as a sort of a sous-chef.
Modern Farmer
With the agriculture industry earning American farmers $120.6 billion in 2013, it’s a wonder the sector hasn’t been a target for Silicon Valley before. But in the last few years, entrepreneurs have caught on.