Month: March 2020

Startup Allset raises $8.25m amid pandemic as companies adopt off-premise models

The restaurant industry has been forced to make quick and difficult decisions over the past few weeks with many being forced to either close their doors or offer new off-premise options like takeaway and contactless delivery. Pivoting from one business model to another isn´t easy, and LA-based startup Allset knows this all too well. The …

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Deliveroo is launching contactless delivery amid corona outbreak

Deliveroo have launched a contact-less delivery service where customers can choose for delivery drivers to carry out a process to ensure there is no contact between them when food is delivered. This entails the delivery person placing the bag on the customer doorstep, steeping back at least one meter and waiting for the customer to …

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Online Grocer Farmstead is Seeing 70% Growth Amid Corona Outbreak

Farmstead is an online grocer which allows consumers to order and have delivered locally-sourced groceries right to their doorstep, including free delivery. Its based only in the Bay Area in San Francisco in the USA, and has been struggling to keep up with demand after the sudden outbreak of coronavirus. According to their CEO and …

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Lyft is offering medical and meal deliveries to the elderly & vulnerable

Ride-hailing company Lyft is expanding its services amid the corona outbreak as it announced its launching of a medical delivery service to the elderly and those living with chronic diseases, as well as delivering food to the vulnerable and students who usually get subsidized lunches during this time. The company will also be offering non-emergency …

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This startup is making protein from volcanic springs

Alt proteins seem to be the biggest thing in food tech these days – just looking at Impossible Foods and Beyond Meat – now a long line of startups and entrepreneurs are eager to follow in their successful footsteps. In the case of Natures Fynd is drawing in the fermentation process linkedin to unique microbes …

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Swedish-based Swedish Algae Factory secures support from big investment fund

Sustainable aquaculture investment fund Aqua-Spark recently announced it has decided to invest in Sweden-based startup Swedish Algae Factory. The young company was founded by Sofie Allert and Angela Wulff back in 2016 and uses algae to convert effluent water produced by recirculating aquaculture systems (RAS) into organic biomass that can be used for fish feed …

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Singapore Emerges as the Food Tech Leader of Asia

In a recent report Asia has been cited as the continent to watch when it comes to alternative protein, and Singapore seems to be leading this driving force.  The Singapore government has invested $100 billion in preparation for the effects of climate change. Due to Singapore being a heavily urban city they import 90% of …

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Will meal kits make the ten year mark?

Meal kits landed in the market around 8-9 years ago, a time when startups, corporates and even big names like Amazon decided to capitalize on them. They thought that trend-craving convenience-demanding consumers would go crazy for these little boxes of pre-portioned meals, I mean imagine having both the ingredients and the step-by-step instructions dropped on …

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