Source: The Verge
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.
Following the ousting of Bon Appetit’s former editor-in-chief Adam Rapoport, a series of tweets posted by Tammie Teclemariam led to Peter Meehan’s resignation as the LA Times Food Editor on Wednesday. The series of tweets alleged a pattern of verbal abuse and workplace harassment, both at his time at LA Times and as editorial director of Lucky Peach.
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Check out our weekly round-up of last week’s top food startup, tech and innovation news below or peruse the full newsletter here.
A series of tweets from earlier this week alleged a history of yelling, aggressive behavior and other issues.
Uber’s offer is valued at $2.6b. The name of the special purpose acquisition company couldn’t be immediately identified. A SPAC is a shell company that acquires private companies for the purpose of transitioning them to publicly traded entities. Today, Fox News reported that Postmates plans to file an IPO next week.
The fast casual chain has partnered with Shopify to help farmers in its supply chain sell meat, dairy and grain products directly to consumers online.
Specialty foods, which now make up a fifth of all retail sales, saw growth nearly tripling that of the entire food sector. Refrigerated plant-based meat alternatives saw the biggest growth of any category, up 70% in unit growth and 112% in dollar growth.
The lawsuit could test the limits of the Defense Production Act. It could also be thrown out.
The deadline for the loan program is here, while many restaurants are still struggling to make ends meet.
Check out our list of resources to learn about systemic racism in the food and agriculture industries. We also highlight Black food and farm businesses and organizations to support.
Here’s how cities and states have re-closed as COVID-19 cases spike.
Beyond Burgers will be sold on Freshippo, Alibaba’s supermarket chain. China’s “free from meat” market, including plant-based meat substitutes, is expected to be worth $12b by 2023.
The Series F round total is expected to be around $500 million, including an initial $200 million announced in January. Return backers include Flagship Pioneering and Alaska Permanent Fund, while Riverstone Holdings is a new investor.
Funding will be used to expand the startup’s tech platform and ready its pipeline of crop protection solutions for field testing and regulatory trials. Bill & Melinda Gates Foundation led the round.
Kitu Life has raised $25m led by Skyview Capital.
A new study warns that the strain of H1N1, common on China’s pig farms since 2016, should be “urgently” controlled to avoid another pandemic.
Our plant-based history and future needs to think beyond burgers. Our lack of acknowledgment of our roots in food is killing all of us, and killing black people faster.
Companies are paring down their brand rosters to cope with the pandemic. Amy’s Kitchen once sold 228 products – now it’s down to 71.
Since Emancipation, Black farmers have had to fight for a share of this country’s fertile ground, due to a history of racist policies and land theft. But modern sustainable agriculture owes much to Black agriculturalists.
Now that BIPOC food-industry members have uncovered the problems, what does change look like, in a pro-transparency, post-Columbusing landscape?