Supply Change Capital’s Post

From mycelium-based meals to making plant-based meat taste more like the real thing, startups want to change the way we eat 😋 So, what could be the next hot foodtech to hit our plates? I asked investors from FoodLabs, Gullspång Re:food and PeakBridge to share the companies on their radars which included... 🍑 Kern Tec — which turns the pits from apricots, plums and cherries that would otherwise be binned into valuable food products, including ingredients to make plant-based dairy and confectionery items. 🧀 Fermify — which is helping companies make vegan cheese by providing pilot plant facilities for casein production, a key ingredient in the dairy alternative. 🤖 Eatch Technologies — which has developed a robotic kitchen technology that can produce gourmet-quality meals at scale, with software that allows users to tailor the meal they want. Find the rest of the list here: https://lnkd.in/ej5fr7Re Reckon we're missing an obvious star? Let me know 👀 ⬇

Last week’s top food innovation news 📰🚜 Closing the regenerative agriculture financing gap could unlock $4.5t in new investments and save $5.7t in annual costs from damages. Private label products in the US are improving in quality and market share, following European trends. Electronic shelf labels enable dynamic pricing in stores like Walmart, which plans to expand these labels to 2,300 locations. European climate-focused food tech startups raised $2b in 2023, surpassing US investments for the first time. Ever After Foods raised $10m to scale up cultivated meat production, making it 90% cheaper and expanding to include seafood. American Express's acquisition of Tock highlights the competitive landscape of reservation systems. A study found people could not distinguish between real restaurant reviews and those written by AI. #foodtech #foodstartups #foodbiz  #agrifoodtech #privatelabels #regenerativeag #climatetech

How does FoodTech funding look in Finland? This brilliant report by Tesi has you covered! Three quick takeaways: 📈 The number of +10M€ investments is on the rise 💡 National research institutions play a significant role in facilitating the innovation ecosystem, serving as a starting point for many next-gen food companies that have received investments 🌏 There is still plenty of room for international capital There's a lot to be gained, both in impact and €€€, if we get all the structures aligned to support the advancement of the ongoing food transition. Or revolution, if you like. #foodtech

We are revolutionising #Food Production in #Local Communities. Our #Shaping the #Future Innovation Platform® undertakes applied research & development for the wide benefit of society. Our Partners strengthen #Supply #Chains with Technology to reduce #ESG-related risks. Food Factories 5.0 do so as #Superorganisms by leveraging the power of #Collective #Intelligence and #Collaborative #Social #Innovation. https://lnkd.in/d7N7g8yb

Eight AI startups revolutionizing the food industry! 🤖 On the cutting edge of technological advancement, these #AI startups are transforming food production and addressing significant challenges in the #Agrifood sector. From creating plant-based alternatives to optimizing agricultural practices, these eight companies are reshaping the future of food: NotCo, AgrodatAi, The Live Green Co, Proppos, MOA foodtech, Ajinomatrix, Trigo, Impossible Foods  Investment in AI-driven food technology has been rising steadily, reflecting a growing interest in innovative and sustainable solutions in the food industry. Learn more about their transformative solutions here. https://lnkd.in/dMyw4PhK #ArtificialIntelligence #Startups

The Maryland Innovation Lab is currently open for applications and is calling all innovative companies in the food sector and beyond! The State of Maryland and their sponsors (SIMPLi, Sodexo US, Pompeian) are offering the opportunity to showcase groundbreaking solutions to key stakeholders and provide direct mentorship whilst giving the chance to gain U.S. market exposure. They are looking at partnering with startups and scale-ups which will support them in the following initiatives: 👥 People & Workforce: Innovations that leverage workforce insights, improve employee experience, and harness skilled labor. 🌿 Sustainability: Technologies setting new standards for agriculture, tracking and commercializing carbon offsets, and disruptive sustainability practices. 🛍 Retail and Product Optimization: Cutting-edge solutions for understanding and tracking consumer behavior, optimizing retail and product experiences, and enhancing brand experiences. 🚛 Optimizing Supply Chain & Distribution Processes: systems that optimize supply chains and distribution processes, promote transparency and traceability, and support sustainable shipping and transportation. Apply by February 12 here: https://lnkd.in/djv-dftj #Innovation #foodtech #Accelerator #Maryland

🤝 New partnership aims to develop new ingredients through upcycling. Italian agrifoodtech player Amadori is collaborating with upcycling company REDUCED to transform the former's sidestreams in new, savory food ingredients through the latter's unique fermentation technology called W2T. Giorgia Mainardi, Innovation Manager at Amadori, states, “We are pleased to announce our partnership with REDUCED, a Danish startup that develops natural flavors and ingredients from food industry byproducts. REDUCED's technology and process will allow us to create further value from our sidestreams, reducing our environmental impact and contributing to a circular economy.” The R&D teams of both companies are currently developing the new products in Denmark and are on track to release the first prototypes of their innovation. Learn more here: https://lnkd.in/edHrZCSk #ForwardFooding #agrifoodtech #upcycling #circulareconomy #innovation

FRESH START FoodTech Incubator IL is a global Foodtech incubator looking to impact the future of food, beverage, and nutrition. Formed by industry professionals and VCs, Fresh Start provide an experienced, resourceful, and supportive international network to develop early-stage ideas and start-ups into maturity.   Meet Fresh Start’s cohort of trailblazing innovators: 🥂 Blue Tree Technologies Ltd. enables the production of natural beverages with reduced sugar content. 🍽 Bountica develops food-safe & nature-based proteins that prevent the decay and spoilage of perishable foods and beverages, reducing food loss by extending their storage and shelf life. 🥚 Eggmented Reality - Forward Functionality Reality uses its bioinformatics and precision-fermentation technology platform to identify and produce improved protein functionality over industry alternatives. 🥩 Medium Well Technological Solutions’s medium recycling and optimization system is set to transform cultivated meat production. 🌿 Pigmentum Ltd. introduces a technology that transforms agricultural crops into efficient producers of high-value compounds at a fraction of the cost and environmental impact of current industrial methods. 🌊 Sea2Cell is developing a ground-breaking GF technology and proprietary cell lines for the commercial scale manufacturing of its cultivated fish products.   Join breakthrough innovators in San Francisco this March 21-22: https://bit.ly/3RzpyF8

We proudly announce our investment in The Mediterranean Food Lab (MFL) Food Lab, together with PeakBridge, Arancia International, FoodBridge, (Axel Johnson's group platform for investments in early-stage foodtech start-ups), and Lever VC. MFL uses a unique Solid-State Fermentation (SSF) process to transform food ingredients such as agricultural commodities 🌾, upcycled agro-industrial waste and side-streams into valuable, plant-based 🌱, natural, clean-label, and radically delicious flavors for Food Service and CPG companies. MFL’s unique innovation process is driven by the culinary insights of a team of world-class chefs 🧑🍳working with leading scientists 🧑🔬and technologists 🧑💻. Reduced consumption of animal-based foods has a significant and direct improvement on  👉 Animal Welfare as the demand for animal factory farms is reduced, 👉GHG Emissions as animal factory farming is one of the main sources of GHG emissions in the food system, 👉Land Use and Nitrogen Applications: Less land is needed to grow plants to feed animals.

☕ The coffee of the future is brewing in the #GreaterZurichArea! Two #foodtech startups are revolutionizing coffee and dairy production, each of them recently securing CHF 5 million in funding. 🥛 Cultivated Biosciences is redefining #dairy alternatives with its yeast-derived cream. Their solution promises the creaminess of traditional dairy without the environmental impact. With the new funding, the company aims to scale up production and introduce its sustainable ingredients to the market by 2025. 🍫 Food Brewer is creating cell-cultured #cocoa and #coffee. Their pioneering method involves cultivating plant cells under controlled conditions, allowing for the production of cocoa and coffee without agricultural hurdles like land use, climate dependency, and ethical concerns. They also plan to scale up their operations with the new funding. 🌐 In the Greater Zurich Area, these startups' success stories are part of a broader narrative. This region is a vibrant hub for food and #agritech, underscored by an extensive network of industry leaders, research institutions, and disruptive startups, all converging to tackle global #food and #sustainability challenges. 🔍 Want to be part of the ecosystem shaping the future of food? Explore the foodtech ecosystem in Greater Zurich here: https://okt.to/LZ3tFQ. Get in touch and let us introduce you to the heart of food #innovation!