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From an inside look at the innovators who are pioneering the future of frozen food to a deep dive into the tricky economics of food delivery, these are last week’s top food tech news and innovation stories.
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How companies like Veestro and Luvo are pioneering frozen food options that meet consumer demand for nutritious, delicious and convenient meals.
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Funding came from SOS Ventures and New Crop Capital. The funding will be used for continued R&D.
The economics of food delivery are complicated. Delivery startups like DoorDash, Postmates and Instacart, for example, face issues around high, costly churn with their contract delivery drivers.
The Series B was led by KPMG Capital and will be used to hire data scientists and build out new services.
Delivery startups raised $5.7B last year, an increase of 152% from 2014. But if your business isn’t already up and running and gaining traction, chances are it’s already too late.
The QSR chain has more than 21M loyalty members and more than 17M active users in its digital loyalty program.
Most farmers don’t decide to leave their farms lightly—but sometimes it’s the only economic choice that makes sense.