HelloFresh Valued at $2.9B, The Business of Alternative Protein + More

The latest food tech & innovation news.

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FEATURED

10 Steps to Getting into Whole Foods: #1 Ensuring Your Product Is Sellable
Bandar Foods shares tips for getting honest feedback and ensuring your product will sell in stores.

Food+City Challenge Prize Supports the Good Food Revolution
Apply by 10.15 for a chance to win $50k in prizes, expert mentorship and more.

Last Week’s Top Food Tech & Innovation Stories
Ten rules for getting your product into Whole Foods, most innovative women in food and more.

Must-Attend Food Events: Fall 2015 Edition
Don't miss our roundup of Fall's top events.

UPCOMING EVENT

THURSDAY, OCTOBER 1: The Business of Alternative Protein
Are insects, cultured meat and meal replacement powders the key to a better food future? Join Exo, Sani and New Harvest to explore. Space is limited, so RSVP now!

CPG

Califia Farms Announces $50M Investment from Stripes Group - Bevnet
It will use funds to deepen production, distribution, sales and marketing.

Hampton Creek CEO Calls for Investigation of American Egg Board - San Francisco Business Times
It's asking Congress and the Inspector General to investigate the USDA.

Clear Labs Aims To Be Google Search For GMOs In Packaged Food - TechCrunch
It's applying human genome sequencing technology to food.

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RETAIL

HelloFresh Valued at $2.9 Billion After $85M Financing Round - Bloomberg Business
Berlin-based HelloFresh joins the unicorn ranks.

Farm-To-Fridge Food Delivery Service Grub Market Grabs $10M Series A - TechCrunch
To capitalize on its competitors issues, it's suspending operations outside of SF.

Target Launches OnDemand Grocery Delivery Pilot with Instacart - TechCrunch
Target shoppers can now get same-day delivery.

HappyFresh Lands $12M To Expand Its On-Demand Grocery Service In Southeast Asia - TechCrunch
Vertex Ventures led the round, which it will use to expand across Southeast Asia.

RESTAURANTS

Rene Redzepi Closes Noma to Reopen as Urban Farm - New York Times
Noma will close on New Year’s Eve in 2016 and reopen in 2017 with a new menu and mission.

The Year Is 2040: Welcome to Your Favorite New Restaurant - Eater
Here's an inside look at the fast-casual restaurant of the future.

Food-Tech Startup Bueno Foods Raises $600K - Inc42
The Gurgaon-based startup will use the funds for expansion.

LightspeedPOS Raises $61M To Boost Its Retail And Restaurant Sales System - TechCrunch
The round was led by Caisse de dépôt et placement du Québec and Investissement Québec.

Most Fast Food Restaurants Get a Failing Grade on Antibiotic Use in Meat - Civil Eats
Aside from Chipotle, Panera, and Chick-fil-A, a new report says most have fallen short.

How the Tech World Turned on Private Chefs - Grub Street
A look at the effects of changes at Kitchit and Kitchensurfing.

ServyApp Raises $800K To Let Restaurants Offer Discounts In Exchange For Feedback - TechCrunch
Investors include RiverPark Ventures, Food-X and more. It will use the funding for expansion.

AGRICULTURE

Sales from Organic U.S. Farms Reached $5.5 Billion Last Year, says USDA - Reuters
This is a 72% increase from 2008.

Canadian Coalition Launches Agri-Food Venture Accelerator to Create Canada’s Silicon Valley for Agtech - AgFunderNews
The 9-month program helps startups develop prototypes, connect with mentors meet investors.

EATERS

French Entrepreneurs Create App to Combat Food Wastage - Reuters
It connects retailers with shoppers, offering discounts on unsold products, while helping tackle food waste.

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