Latest News in the food Industry

Sustainability

New alternative protein fund raises $23 million in capital

New alternative protein fund raises $23 million in capital

2 Sep 2020

New alternative protein venture capital fund, Lever VC, announced that it has $23 million in commitments. The fund will focus on investing in early stage plant-based and cell-cultivated meat and dairy companies. The company said that it remains open to...

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Coca-Cola introduces recyclable paperboard rings on its multi-packs

Coca-Cola introduces recyclable paperboard rings on its multi-packs

31 Aug 2020

As a result of its effort to remove all unnecessary hard to recycle plastic from its portfolio in Western Europe, Coca-Cola is introducing a paperboard packaging alternative called CanCollar in Spain.

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Germany working to impose human rights and environmental supply chain protections by 2021

Germany working to impose human rights and environmental supply chain protections by 2021

25 Aug 2020

Germany is taking the lead on human rights and environmental protections in the European Union. The country plans to pass a Supply Chain Law that will oblige companies to analyze whether their business activities have an adverse effect on recognized hu...

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Blue Apron co-founder raises $10M to breed a superior chicken

Blue Apron co-founder raises $10M to breed a superior chicken

31 Jul 2020

For decades the American poultry breeding business has been dominated by Cobb and Aviagen. However, Cook Ventures, a new breeder focused on slow-growth, heirloom chickens, may give its two major competitors a run for their money.

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Study: 2% of Brazil’s soybean farms are responsible for 62% of deforestation

Study: 2% of Brazil’s soybean farms are responsible for 62% of deforestation

29 Jul 2020

A new study published in the Journal of Science found that 20% of soy and 17% of beef imports into European from Brazil may be contaminated with illegal deforestation. Although a substantial figure, this deforestation is linked to a small number of far...

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Two plant-based investment arms are created and invest in ice cream

Two plant-based investment arms are created and invest in ice cream

28 Jul 2020

Two plant-based startups have migrated into the ranks of venture capitalists. Perfect Day recently created The Urgent Company in order to develop CPG products from its animal-free dairy proteins, and Jason Karp, the co-founder of Hu snacks started Huma...

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Eradication may not be the future of the palm oil industry

Eradication may not be the future of the palm oil industry

17 Jun 2020

Environmental advocates have been calling for a reevaluation of the palm oil industry for years. While some like the European Palm Oil Alliance are calling for companies to perform mandatory due diligence of their palm oil sourcing, others are calling ...

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Tyson publishes sustainability report showing progress toward plant-based sustainability

Tyson publishes sustainability report showing progress toward plant-based sustainability

11 Jun 2020

Tyson Foods released its 2019 sustainability report entitled “Grow – Deliver – Sustain” where the company outlines its progress across its five focus areas of food, animal welfare, environment, workplace and communities.

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Apeel Sciences on track to save 20 million pieces of fruit from food waste

Apeel Sciences on track to save 20 million pieces of fruit from food waste

9 Jun 2020

At the end of May, Apeel Sciences raised $250 million dollars in new financing, bringing the startup’s total funding to more than $1 billion. This infusion of funds will be put toward the company’s mission of food waste prevention, an area in which it ...

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Malaysian firm develops package-less packaging

Malaysian firm develops package-less packaging

26 May 2020

A group of Malaysian Ph.D. students won the Institution of Engineering and Technology (IET) Save our Seas global engineering challenge with their new bagless approach to food packaging called the PICAS block. The competition is hosted in partnership wi...

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Hong Kong compostable food packaging startup lands $6 million funding round

Hong Kong compostable food packaging startup lands $6 million funding round

18 May 2020

Hong Kong startup Ecoinno received US$6 million in Series A funding from the Alibaba Entrepreneurs Fund to help stand up its manufacturing facilities as well as increase its overall production of its biodegradable packaging. This is the startup’s secon...

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COVID-19: Zomato delivery app shows body temperature of drivers in India

COVID-19: Zomato delivery app shows body temperature of drivers in India

27 Apr 2020

In an effort to further increase the safety of those ordering take out, Zomato introduced a temperature tracking feature on its delivery app in India. The feature was released the week of April 13 and covered 50% of the application’s delivery partners ...

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