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The Platform For GOOD FOOD INNOVATION
11 Aug 2014
Every week we curate and deliver the latest food tech news, trends and startup resources to our readers’ inboxes. Tracking the top technology and innovation happenings across agriculture, CPG, retail, restaurants, cooking and health, our newsletter is the absolute easiest way to stay on top of the emerging sector.
From Square’s $90 million acquisition of restaurant delivery startup Caviar to 10 food apps for socially conscious eaters, these are last week’s top food tech stories. 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.
1. Food Tech Media Startup Funding, M&A and Partnerships: June 2014
The first half of 2014 saw over $3.9b invested into private food tech and media companies through equity raises ($1.2b) and acquisitions ($2.7b disclosed).
2. Mid-Year AgTech Funding Roundup
$401m has been pumped into 35 AgTech companies from January to mid-July, with Cool Planet Energy Systems, Marrone Bio Innovations and Chromatin, Inc raking in a combined $176m.
3. Can This Startup Kill off the Supermarket? – Fortune
Farmigo has an audacious dream: It thinks it can help wipe out the likes of Kroger and Albertsons.
4. It’s Official: Square Acquires Food Delivery Service Caviar –TechCrunch
The deal ($90m in stock) will enable Square to deliver food from restaurants that don’t already offer the service to surroundfing locals.
5. OpenTable Takes Out Its Wallet for Restaurant Sales Analytics Startup Copilot – VentureBeat
The service lets restaurateurs see how their daily performance compared with other restaurants and uses dada from POS systems.
6. Skymet, Indian Weather Forecaster, Raises $4.5 Million Series B –AgFunderNews
Asia Pacific led the round and previous investor Omnivore Partners participated. Skymet will use the funds to improve its weather forecasting system and expand to Asia and Africa.
7. Ten Food Apps that Educate, Inspire, and Empower Eaters – Food Tank
This list highlights standout apps for conscious eaters, including Fooducate, ROC National Diner’s Guide and more.
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