FoodHack is a platform that provides news, trends, and resources for the food technology industry. It connects climate deep tech founders, funders, and industry professionals.

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Where Food & FoodTech professionals come to get the inside scoop on industry news and meet partners, friends, mentors, investors - and everything in between.

From our weekly newsletter, to our ambassador run Meetups and our annual FoodHack Summit - our goal at FoodHack is to make it easier for purpose driven food founders to access the funding, network and knowledge they need to successfully launch and scale their business.

Catch up on the latest FoodTech headlines 🛼

📈 What’s up? Tyson Foods reported one of its strongest earnings quarters to date, citing a "remarkable turnaround" in chicken and pork.

📉 What’s down? McDonald's saw losses of 0.7% and 1.1% across its US and global sales respectively, caused by a drop in traffic fuelled by higher prices.
 
🤝 EIT Food and Foundation Earth partnered to launch a new alliance to develop internationally recognised standards for the environmental impact data of food.

🍣 US-based AQUA Cultured Foods secured GRAS status for its fish-free seafood which are made via biomass fermentation. 

😸 ICYMI UK-based Meatly secured regulatory approval from the UK Food Standards Agency to sell its cultivated pet food.

🇫🇷 GOURMEY became the first cultivated meat company to apply for regulatory approval in the EU, and also filed dossiers in Singapore, the US, the UK and Switzerland for its cultivated duck.

🧫 Mosa Meat hosted the first public tasting of cultivated beef in the EU.

🥔 ReaGenics  has used plant cell culture to develop a potato with 31% protein content, and believes it can increase this to 40%.

☕️ Diamond Brew™ emerged from stealth to debut an instant coffee that fully dissolves in hot or cold water, which it says delivers the equivalent flavour, aroma, and caffeine content of premium brewed coffee.

🥩 Chunk Foods debuted what it says is the “largest piece of plant-based meat in food service”.

✅ Impossible Foods’ proprietary heme ingredient has been ruled safe for consumption by the European Food Safety Authority.

🍔 The Green Dairy  has found a way to turn its oat milk residues into plant-based burgers, with what it claims is the world’s first pilot equipment for drying residual mass.

💰 Funding rounds from: Siddhi Capital, Agrovision, Oats Overnight, ZOE, Onego Bio, Plonts, Veganz Group AG, Agrizy, Biomatter, NoPalm Ingredients, Agrobiomics, Terrantic, Mitti Labs, Melt&Marble, Millow.co, Blue Tree Technologies Ltd., LabFarm.pl, Typcal 

☕️ Nestlé has developed a new high-yielding arabica coffee variety, selected for its resilience to coffee leaf rust and offering the “characteristic taste of Brazilian coffee”. 

👎 General Mills is facing two federal lawsuits alleging that its popular Cocoa Puffs cereal contains dangerously high levels of lead.

🐝 HackTrends on Pollination Technologies with a list of 15 companies working on pollination technologies

🔬 Jobs from Redefine Meat, HelloFresh, The EVERY Company 

👋 Join us the FoodHack Community at a Meetup in Amsterdam, Boston, Lima, Tokyo and Berlin. 

💔 Sifted reports on how to manage a Co-Founder breakup without killing your startup.

🚀 Save the date: 24-25th September for the $50k Green Shoots Pitch Competition. Express interest now to get involved and for your chance to win part of the $50k Fund and other prizes.

Get the full recap: https://lnkd.in/eitrB2dD

21 Latest FoodTech Funding Rounds 💰

💰 Siddhi Capital closed its second fund with $135 million, doubling the size of its first fund. It will use the capital raised to support “growth-stage companies across consumer and food tech”.

🦄 Agrovision secured $100 million and hit unicorn status following a period of ‘meteoric growth’ and international expansion. 

🥣 Oats Overnight, which makes spoon-free, high-protein overnight oatmeal, raised $35 million in a Series B funding round led by Enlightened Hospitality Investments to further expand its manufacturing capacity.

🩸 ZOE, which creates personalised gut health nutrition programmes after providing at-home testing kits for customers to find out their blood fat, blood sugar, and gut health, raised $15 million to support its US expansion plans.

🇫🇮 Onego Bio secured €14 million from the @European Innovation Council Accelerator program and additional Series A investors to scale production of its precision fermentation egg protein, Bioalbumen.

🧀 Plonts emerged from stealth with $12 million in funding to launch its “stinky” vegan cheese, made with fermented soy milk.

🥛 Veganz Group AG raised €10 million to scale production of its 2D-printed oat milk, Mililk.

🇮🇳 Agrizy secured $9.8 million Series A funding to connect the country’s small food processors with global B2B customers.

🌾 Biomatter secured €6.5 million to develop new-to-the-world enzymes for industries including chemical manufacturing, agriculture, food, and life sciences.

🍳 NoPalm Ingredients closed its seed funding round with €5 million. 

🇩🇰 Agrobiomics secured €4 million from NOON Ventures to bring its abiotic stress protectant to market. 

🇺🇸 Terrantic closed its oversubscribed seed round with $3.5 million.

🌾 Mitti Labs raised $3 million to tackle methane emissions and water wastage in rice farming. 

🇸🇪 Melt&Marble received grants totalling €2.76 million from the EIC Accelerator and the Horizon Europe Framework Programme to launch its “designer” fats in 2025.

🇰🇷 SUJIS LINK secured $2.5 million to scale its plant-based meat production, using High Moisture Meat Analog mass production technology from Bühler Group.

🍄 Millow.co secured a grant of €2.4 million to scale production of its plant-based meat made with 50% mycelium and 50% Swedish oats.

🧃 Blue Tree Technologies Ltd. raised $2.26 million in a funding round led by OurCrowd. 

🧫 LabFarm.pl received €2 million from the country’s National Centre for Research and Development.

🇬🇧 Boundless raised £1.5 million for its gut health bagged snack.

💰 2 students from the University of Waterloo received $700,000+ in grants from the The Good Food Institute, Mitacs and New Harvest.

🇧🇷 Typcal received R$250,000 to leverage biomass fermentation in developing a mycoprotein ingredient for food applications.

Get the full recap: https://lnkd.in/efvcV-HG

60+ Climate Deep Tech Investors to Know 👇

Ahead of the HackSummit in New York this December, we've put together a go-to list of 60+ VCs actively funding Climate Deep Tech startups.

By directly reducing emissions from industry through novel tech approaches, bold Founders are leveraging breakthroughs including AI, biotechnology, quantum computing, nanotechnology to offer radical solutions for carbon reduction and climate resilience.

But to hit gigascale, these technologies require substantial investment from forward-thinking investors willing to take on additional risks to back moonshot solutions.

So who exactly are these investors and who have they deployed into so far? 

Check out the full list 👉 https://lnkd.in/eQpGe6WR

Ready to meet face-to-face with industry heavyweights? Then not come and meet 100+ Climate DeepTech Funders at Newlab looking to find their next deal and meet their portfolio company on December 12-13. 

For tickets, head this way 🎟️ https://lnkd.in/eyyzbYVM

Toyota Ventures l Earth Venture Capital l EQT Ventures l Congruent Ventures l Main Sequence l Extantia l Regeneration.VC l At One Ventures l Closed Loop Capital l European Circular Bioeconomy Fund (ECBF) l Atlantic Labs l Cantos l Carbon Removal Partners l Compound l Climentum Capital l SAGANA l Endgame Capital l YourNest Venture Capital l Ankur Capital l DCVC l Fifty Years l New System Ventures l Siddhi Capital l Zero Carbon Capital l Giant Ventures l Xora Innovation l Mirova l Baltic Sandbox Ventures l Union Square Ventures l Silicon Roundabout Ventures l Ibex Investors l Supernova Invest l E44 Ventures l Climate Capital

Excited to host this event in NYC next Tuesday Aug 6th with FoodHack at CookUnity!

Food waste accounts for ~8% of global GHG emissions. If it were a country, it would be the 3rd largest emitter behind China and the US.

Changing our food system is one of the most meaningful forms of climate action we can take. 

Come learn more about Food Upcycling and Waste Reduction from our panel of experts:
- Winson Wong 黃永傳 @ Afterlife Ag
- Lydia Oxley Johnson @ Renewal Mill
- Angel Veza @ ReFED
- Dyllan Mattea @ Siddhi Capital

Meet like-minded founders, VCs & innovators across food & climate, try innovative new products, and enjoy the views from CookUnity's new space in Brooklyn (with rooftop!). 

Thrilled to put on this event with fellow FoodHack NYC ambassadors Jasmin Kern, Emma Forman, Ryan Brish, Tess Cavalieri & Zachary Azrael.

Register through the link in the comments. Excited to see you there 🌱

FoodHack Arman Anatürk Coline Jeannet Laura Hodgkiss

#food #foodwaste #upcycling #climate #nyc

How is AI shaping the future of food?

The AI in FoodTech market is forecasted to hit $62.7 billion by 2033 from $4.8 billion in 2023, according to Market.us

AI holds the potential to drive efficiency and innovation across the agrifood value chain. 

So last night we brought together industry leaders to share their experiences of leveraging AI for food innovation, production, and their strategies for building stronger, sustainable food businesses with AI.

Sophia Retchin of Redefine Meat and FoodHack Ambassador led the discussion, and she was joined by:

Kate Nir, Tastewise
Eyal Afergan, Imagindairy
ilan Samish, Amai Proteins

With thanks to:

MamaQ for serving their delicious vegan cheese using traditional cheesemaking methods.

And our brilliant Ambassadors Sophia, Ofek Ron of Oshi and Ido Eliashar of PoLoPo for bringing together the community last night.

Summer's heating up and so is the conversation on Sustainable Supply Chains! I'm excited to represent EY at the next FoodHack Amsterdam meetup. We're talking real impact here – over 90% of corporate emissions originate from supply chains, and it's time for a change. Get ready for sustainability insights from Julian Markus on Jumbo Supermarkten's journey towards science-based targets. Brad Vanstone of Willicroft will share how they're turning their sustianability strategy into reality. And Floris Schiks from Ecochain will delve into the power of transparency with engaging case studies.

Don't miss this opportunity to network, learn, and contribute to a more sustainable supply chain. Click the register button now and join us at Tony's Chocolonely! https://lu.ma/n3icrbiq

GLOBAL:FOODHACK

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