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From a behind the scenes look at a new venture firm that’s accelerating the next generation of food startups to agtech startup EdenShield’s $1 million raise, these are last week’s top food tech news and innovation stories. Like what you read? Feast your eyes on the full roundup here. Or better yet, sign up for Food+Tech Bytes and get the latest and greatest in food tech delivered to your inbox every week.
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More than $260 million was invested in food tech in November, with a heavy leaning towards ordering and delivery.
Don’t spend years on R&D says Bearded Brothers co-founder Caleb Simpson. Just make your product 10 percent better than the competition and you’ll stand a good chance of succeeding.
What will be the next big food businesses in 2015 and beyond? That’s the question the team behind Food-X is hoping to answer.
MycoTechnology is raising $5-$10M to develop its technology platform aimed at enhancing food flavors naturally, while major food companies are eying it for acquisition.
The acquisition, which Dutch media reported to be in the $11 million range, gives TripAdvisor a leading restaurant reservations review site.
The funding came from Israeli-focused crowdfunding platform OurCrowd and will enable the startup to commercialize its products.
Han-Sing Hi-Tech Fund, TransLink Capital and RRE Ventures contributed. The round will go toward R&D and working capital.