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Welcome to the April FoodBytes! Bulletin

We just kicked off our application period for this year’s Pitch program, and for the first time ever our startup scouting is Member-led, which means we are looking for startups solving specific challenges our record 28+ corporate and investor Members have prioritized. Applications are due by May 16.

Plus, don't miss our FoodBytes! Forum later this month, which will delve into supply chain digitization and traceability. F&A industry leaders will explore the massive challenge of connecting and auctioning data from production to plate. And, FoodBytes! startup alumni are continuing to grow with four public raises this month. Let’s dive in.

 

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Our FoodBytes! Pitch competition is now accepting applications from food tech, agtech and CPG innovators. This year, we're focused on three innovation areas that are shaped by our 2021 Pitch Members (check them out below). We're looking for startups solving for:

  • Sustainable supply chains: blockchain/traceability, livestock management, animal feed efficiency, meat processing automation, byproduct upcycling, commodities processing, shelf-life extension, clean food processing
  • Improved resource management: carbon sequestration & reduction, precision irrigation, food loss mitigation, sustainable packaging, manufacturing robotics, on-farm automation, ag biotechnology, precision ag & AI, indoor farming
  • Next frontier of nutrition: functional ingredients (i.e., aging, mental clarity, performance, immunity), food biotechnology/fermentation, cellular agriculture, grain & sugar alternatives, meal prep/home cooking simplification, personalized nutrition, consumer wearables & data gathering  

To learn more about this year’s program and the members involved, check out our press release and details in Food Business News, and if you’re a startup or you know one – get those applications in via the link below before Sunday, May 16.
                                      

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Supporting our Pitch program this year is our roster of 28 (and counting!) corporate and investor members - our biggest group to date. If membership is something your company is interested in, we're still accepting additions on a case by case basis. Reach out to us today!

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The Rise of Transparency in the Food Supply Chain

Register for our April 27 Forum on the Rise of Transparency in the F&A Supply Chain. Join FoodBytes! Global Head Anne Greven, who will be moderating a conversation around transparency in the supply chain, from where in the supply chain innovation technologies like digitization and traceability need to be adopted, how different stakeholders, from farmers down to the consumer, and where we can all work together to streamline efficiencies.

Panelists:
Chris Abbott, CGC Ventures
Jake Joraanstad, Bushel
Nials Molenaar, Connecterra
Maria Castroviejo, Rabobank


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FB! in the News

Dynamic Business

Dynamic Business on FoodBytes! Trend Report
Underscoring the relevance of our innovation trend report released in January, Dynamic Business doubles down on the trends we see leading the charge for 2021. Check out their analysis and startup callouts in the article below.

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FUNDRAISING:
  • April 15: ​Swarm Engineering raised $2.7M in Seed funding from S2G Ventures, Serra Ventures and Harvard Business School Alumni Angels of Chicago.  
  • March 12: Alchemy FoodTech raised $2 million of venture funding in a deal led by SPRING Seeds Capital.  
  • March 10: ReGrained raised $1.5 million of venture funding from Oisix ra daichi and Future Food Fund (Japan). The investment will support efforts to commercialize new upcycled ingredients in the ReGrained portfolio. 
  • March 2: Ocean Hugger Foods announced reentry into market through joint venture with Thai food manufacturer Nove Foods.  

NEWS & UPDATES: 



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