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No Meat Factory Raises $42 Million to Expand Plant-Based Meat Manufacturing Capacity
No Meat Factory, a leading plant-based alternative protein manufacturer, announced today that it has closed a Series B funding round, raising $42 million USD. The funding round was led by new investor Tengelmann Growth Partners, with participation from existing investor Emil Capital Partners (ECP). The company plans to use the funding to expand its production footprint in North America and build out its manufacturing capabilities to service the global market, increasing access to affordable alternative proteins for mainstream consumers.
Afresh Rolls Out Its AI-Powered Fresh Food Management System to 2,200 Albertsons
Afresh Technologies, a fresh food management technology company, has announced the rollout of its predictive ordering and inventory management platform to more than 2,200 Albertsons Companies stores in the United States, including Safeway, Jewel-Osco, Shaw’s, Vons and ACME. The platform, which helps store teams to better order and plan fresh produce inventory, reducing food waste and achieving superior freshness in their stores, was implemented within seven months, making it one of the fastest in-store technology rollouts in the grocery industry.
BlenderCap Wants You to Make Margaritas on the Go With Its Half Horsepower Portable Blender
Want to make margaritas on the go? Then you might want to check out the new small form factor blender unveiled last week at CES by a company called Cruz. The Cruz BlenderCap is a new portable blender that has it all in the name: It’s a bottle cap with a blender built in. The product was developed by two former Apple employees, Dakota Adams and Matthew Moore, on the side while they set up a battery factory in China for Apple. The two eventually left their day jobs and went full-time on BlenderCap a year ago.
CES 2023: GROW UP Wants You To Make Plant-Based Milk at Home
If you’re an adult, there’s a good chance you’ve weaned yourself off of cow milk in favor of a plant-based alternative. After all, not only is plant-based milk less disruptive to the digestive tract, but it’s also often healthier. But it’s not all good news. Plant-based...
Wonder Pulls a Zume, Drops Futuristic Food Trucks as it Pivots to Lower Cost Operating Model
According to a report this week in the Wall Street Journal, food delivery startup Wonder is laying off employees and will begin to phase out its signature food delivery trucks in the hopes of creating a lower-cost operating model. This is a massive shift for a company that became the...
Cargill (Yes, That Cargill) Shows Off Smart Food Locker System at CES 2023
Most people know Cargill as a massive food conglomerate with a huge share of the total food commodity market. But considerably fewer people know the same company responsible for about 25% of total US grain exports has a digital business unit that incubates technology products more akin to something you might see from a Silicon Vally startup.
Haura Unveils a Modular Food Factory for the Kitchen at CES 2023
Nestled in the basement of the Venetian Expo center last week at CES, a startup from Italy showed off a machine that its inventor hopes will empower home cooks to do pretty much anything their heart desires: making home-made pasta noodles, roasting coffee beans, making cheese, brewing beer and lots more. In short, the machine, called the Haura, is intended to be a modular food factory in a box.
Kara Water Shows Off Its Air-to-Water Dispenser at CES 2023
At CES 2023, Kara Water showed off its Kara Pure water dispenser that takes moisture from the air and turns it into drinking water. The Kara Pure combines three functions into one machine. The machine uses the process of desiccation to gather water from the air and accumulates up to 2.5 gallons (10L) of water per day. The machine also acts as a water purifier and dispenser, making it an all-in-one water machine, only without the need to replace water jugs every few days.
Brava Debuts the Brava Glass at CES 2023
Brava, a maker of smart oven technology, unveiled the Brava Glass smart oven this week at CES. The new model is the first update since the company debuted its eponymous in 2018. The Brava Glass fixes what, for many, is the biggest shortcoming of the original Brava: not being able...
Fridge Cam Maker Smarter Launches New Models at CES, Announces Acquisition of Chefling
Smarter is off to a busy 2023. At CES in Las Vegas today, the fridge cam and kitchen tech startup announced a new lineup of fridge cams. And, if that wasn’t enough, the company also announced they have acquired smart kitchen software maker Chefling. The new lineup of fridge...
The Walkaround Guide to Food Tech at CES 2023
If you’re heading to CES to check out food tech, we’ve got you covered. The Spoon team has scoured the exhibitor pages and the news releases and is keeping running track of all the companies exhibiting in the food tech category in Las Vegas this week. You can...
Yo-Kai To Debut Desktop Ramen Robot For Space-Constrained Retail Formats at CES 2023
Yo-Kai Express, a startup that makes autonomous ramen robots, will debut its latest model at CES, a desktop ramen-making machine targeted at small-format retailers such as gas stations and co-working spaces. The new machine, called the YKE Desktop, is a semi-automatic cooking machine that makes a bowl of ramen in...
Here Are Some Alternative Protein & Future Food Innovations Heading to CES 2023
Ever since Impossible stole the show at CES with the debut of the Impossible Burger 2.0 in 2019, a growing number of future food startups head to Vegas each January to try to repeat the feat or, at the very least, build momentum for the coming year. This year will...
Samsung to Debut Bespoke AI Oven at CES as Family Hub Fades Into Supporting Role
Every year, Samsung takes up more square footage on the exhibition floor than perhaps any other company at CES. Among all that booth space, the Korean consumer electronics giant usually allocates some footage to their kitchen products and, for much of the past decade, a good chunk of its kitchen product focus was on the company’s Family Hub smart fridge line.
The Smart Cutting Board is the Latest Kitchen Gadget to Make Its Way to CES
Over the years, there’s been no shortage of kitchen gadgets at CES. But next week, a new category will join the smart ovens, connected thermometers, and AI-powered fridges on the floor of the world’s biggest tech conference: the smart cutting board. Yep, there will be not one but...
Meet Joe, The Oven-Shaped Brother of Bob the Dishwasher
Remember Bob the Dishwasher? He has a brother that likes to cook. Daan Tech, the French-based startup behind Bob the Dishwasher, has created a small form-factor countertop oven called Joe. Joe is a multifunction oven with a steam/combi oven, convection heating/air-frying, and a microwave. As far as I know, this oven is the first countertop appliance with all three of these capabilities in one box.
Israel’s Wasteless Uses A.I. As A Solution for Food Waste
The aptly named Wasteless is a triple threat as it offers a solution that simultaneously benefits retailers, consumers, and the environment. The Israeli company provides an AI-driven solution to cut down on food waste in retail by allowing supermarkets to give consumers dynamic pricing based on the freshness of a given product.
New McDonald’s in Texas Has Conveyor Belts & Two Drive Thru Pickup Lanes
If you partake in restaurant or foodie TikTok, you’ve probably seen a viral video of the new McDonald’s concept restaurant in Forth Worth, Texas. The video, posted on December 17th, shows off the location’s automated drive-thru and an empty lobby with a couple of lonely ordering kiosks. Comments feature the usual mix of outrage, cheering, and sarcasm.
Podcast: A Look Back at The Year in Food Tech With S2G’s Tonya BakritzesPodcast:
It’s almost the end of 2022 and so we decided to catch up with S2G Managing Director Tonya Bakritzes. -The impact of inflation and global macroenvironmental headwinds on the food tech landscape. -The plant-based meat sales slowdown and what it means for the space over the long-term. -Some areas...
We’ll Be Talking Lab-Grown Meat & More at CES 2023, And You Won’t Want To Miss It
2022 has been a big year for the world of lab-grown meat. Not only did we see it begin to show up at fine dining locations in Singapore and see hundreds of millions of venture funding poured into the sector, but this year also marked the first time the US FDA sent out a “No Questions” letter to a cultivated meat company, signaling that it believes that UPSIDE’s cultivate chicken is safe for consumers.
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