Our News Archives
We spoke to a few startups this week who have been impacted by the coronavirus, and while some cited production delays or higher material cost, I was intrigued to see one response from plant-based cheese company Grounded Foods....
Venture capital investment across all industries dropped in 2019 — around 16%, according to the VenturePulse report — against a backdrop of global uncertainty related to the US-China trade war, Brexit, and a weakening Chinese economy...
NUGGS, a startup that delivers plant-based chicken nuggets directly to consumers’ doorsteps, announced today via an emailed press release that it will launch in retail this spring...
It seems the end of 2019 was a mixed bag for Beyond Meat. On its earnings call yesterday, the plant-based protein company reported quarterly revenue that exceeded analyst estimates but narrowly fell short of profitability. On the call, Beyond’s CEO Ethan Brown also pointed to retail expansions and new fast-food partners, and called out recent backlash from the meat industry against plant-based proteins...
What it takes to scale an agrifood tech startup
Jurg van Vliet and his partners never meant to get into the farming business. The founding team behind 30MHz, an Amsterdam-based software company, had an idea for building an analytics and management platform for smart devices, and were agnostic as to which business applications and sectors they supported. It was only in 2017 that they realized there was a need in the agriculture sector for the kind technology they were offering...
Plant-Based Food Retail Hit
$5 Billion
2019 marked another impressive year for plant-based foods! New data shows that total plant-based retail sales reached $5 billion and grew 11 percent over the past year—almost five times faster than total U.S. retail food sales. Dollar sales of plant-based foods grew 29 percent over the past two years, compared to just 4 percent growth for total U.S. retail food dollar sales over the same time period...
White Castle will soon become one of the first fast-food hamburger chains in the U.S. to offer a dairy-free alternative to cheddar cheese. White Castle announced Tuesday that it will launch the non-dairy product on March 1 in its New Jersey and New York City restaurants...
BlueNalu Nets $20M Series A
to Accelerate Development of Cell-based Seafood
BlueNalu, the startup focused on creating seafood directly from fish cells, today announced that it had closed a $20 million in Series A funding. The round was co-led by Stray Dog Capital, CPT Capital, Clear Current Capital, and New Crop Capital. Combined with previous funding raised in 2018, this Series A brings BlueNalu’s war chest up to $24.5 million...
What you need to know about 3D-printed steak
Attempts to imitate the taste and feel of meat using plant-based alternatives have long illustrated what Marvin Gaye and Tammi Terrell famously sang back in 1968...
Future Food 🎙️: The future and sustainability of protein in our diets
In a special live episode of the Future Food podcast, I speak to Victor Friedberg and Sara Eckhouse from FoodShot Global...
New research shows that, aggregated across the country over time, the effects of calorie labeling could significantly improve our collective wellbeing...