Every week we curate and deliver the latest food tech and innovation news, trends and research 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 KraveJerky founder launching a CPG incubator to restaurant tech startup Toast raising $30M, these are last week’s top food tech news and innovation stories.
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1. Food Tech Media Startup Funding, M&A and Partnerships: November 2015
$220M was raised via funding and acquisitions in November 2015, in addition to Square’s $279M IPO. Activity in the delivery and on-demand sector was dominant.
2. 10 Steps To Getting Into Whole Foods: #9 Staying On Shelves
Your specialty food product made it into some stores. Now the real work begins – getting customers to consistently buy your product off the shelf.
3. KraveJerky Founder Jon Sebastiani Launches Incubator For New Food Brands – Forbes
Sonoma Brands, whose limited partner is Velocity Made Good (VMG) Partners, plans to launch three to five new CPG brands this year.
4. Now You Can Get Jamie Oliver’s Food Delivered To Your Home – Huffington Post
The celebrity chef has teamed up with meal kit startup HelloFresh.
5. Toast Raises $30M to Expand Hiring, Product in Restaurant Payment Tech – BetaBoston
The round was led by Bessemer Venture Partners.
6. Millennials Look to High-Tech Farms For Careers – Civil Eats
A new generation is looking to find jobs in warehouse farms and indoor agriculture as a way to change the food system while earning a decent living.
7. IBM, UnderArmour Team Up To Bring Cognitive Computing To Fitness Apps – Fast Company
The new app will help athletes develop personalized training regimens based on their individual needs.
8. Campbell First Big Food Company to Support Mandatory GMO Labeling – New York Times
It is also breaking with its peers by calling for federal action to make mandatory a uniform labeling system of foods that contain such ingredients.