Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines.
As part of biodiversity month here at Food+Tech Connect, we’ve launched an editorial series featuring interviews with over 45 CEOs, execs, farmers and investors.
Big Food companies have joined a new recycling initiative by TerraCycle, aimed at collecting used plastics bottles and other durable packaging from homes and re-using them. The platform will run through an online shopping platform called Loop.
An on-demand labor platform has come out of stealth after 3.5 years called Jyve. It recently raised $400 million to fuel the growth of its retail gig economy. Blue Apron has shifted its meal kit strategy with a scaled-back version called Knick Knacks on Jet.com.
After Munchery announced its shutdown of all operations, small business vendors were left to pay the bill. One of its former couriers has now filed a class action lawsuit.
Check out our weekly round-up of last week’s top food startup, tech and innovation news below or peruse the full newsletter here.
We interviewed 45+ CEOs, execs, farmers and investors about the role biodiversity plays in our food industry. Read this week’s published responses from Crop Trust, General Mills, Impossible Foods, Kuli Kuli, Row 7 and Sir Kensington’s,
Loop will send you name-brand products, like Tide detergent, Crest mouthwash, or Häagen Dazs ice cream. When you’re done, you ship the empty container back, where it gets cleaned and reused for the next customer. Each package in the system is designed for 100+ uses.
The new meal kit line, called Blue Apron Knick Knacks, bundles sauces, grains, dairy, spices and step-by-step recipes that customers then pair with their choice of a retailer’s produce or protein.
The on-demand labor platform has come out of stealth after 3.5 years. It has 6k workers doing tasks for 4k stores across the country. Funding was led by SignalFire and joined by Crosscut Ventures and Ridge Ventures.
Major factors driving the increase in consumption of dairy alternatives include the perceived health benefits of plant-based products, consumers’ preference of plant-based milk alternatives to dairy milk and increasing cases of lactose intolerance.
A courier for the meal delivery startup led the complaint.
The funding will be used to help the company with a rapid expansion campaign, which involves making continued acquisitions, leading up to a $50m to $70m Series B round in early second quarter of this year.
Billed as a “town square” for mission-driven projects and small businesses, Made by We, a new retail and coworking concept opens in New York’s Flatiron district. It’s the latest expansion of the extended We universe.
Shuttered meal kit company Chef’d is back from the dead, this time as a clean-label retail kit courtesy of True Food Innovations. The meal kits will roll out under the Chef’d and True Chef monikers in retail outlets in 2019.
The CEO of Plated is stepping down with no reason for departure or plans for where he is going next.
Out of 45 leading fruit juices, almost half had potentially harmful levels of arsenic, cadmium and lead. Organic juices did not have lower levels than conventional ones.
Three separate recalls have been issued this month by Tyson Foods and Perdue. The reasons vary, but many nuggets contained rubber or wood.
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