Jubilee's’ Post

Last week’s top food innovation news 📰🛒 Foxtrot plans to reopen 15 stores in Chicago, Dallas, and Austin this summer. meati™ secures $100M funding while expanding to 7,000 retail locations. ABEC accuses GOOD Meat of owing $63M and engaging in litigation misconduct. Evaluating new food production solutions based on scalability is often misguided. Pairwise creates the first seedless blackberry using CRISPR technology. Brand Bites explores how restaurant brands successfully enter the retail market. Queensland backs Pollination's $150M fund for climate solution startups. #foodtech #foodstartups #foodbiz  #agrifoodtech  #foxtrotreturns #meati #altmeat

#NakedStories: McCain We're thrilled to share a testimonial from our ongoing partnership with McCain Foods, following the successful delivery of our 'Multisensory Textures' research project. This report delves deep into the strategic trends and drivers of texture across the industry, providing invaluable insights for the future of food innovation worldwide. Alongside delivering the research report, we've been actively scouting globally for startups with pioneering innovations in this domain, engaging more than 30 entities across the ecosystem. This scouting has opened up some crucial doorways to fostering collaboration and engagement opportunities for new innovation at McCain. 🌱 This quarter, we're excited to announce an extension of our collaboration with McCain, underscoring our shared commitment to pushing the boundaries of possibility in product innovation and nutrition. 🤝 We extend our thanks to McCain for their enduring partnership, and to Joseph Lake for his endorsement. Together, we're not just imagining the future of food - we're actively shaping it, one innovation at a time. #NakedInnovations #McCain #FoodInnovation

🌱🥓💰 FoodTech 500 alum secures new funding for its new plant-based meat products. LA VIE™, a Paris-based plant-based meat startup, has raised €25M in new investment, following a fourfold increase in sales. The company also launches its new vegan meatballs, which will be available at major retailers, including Carrefour and Auchan Retail, from October 28. The new funding will help La Vie expand its presence and brand awareness in France and the UK, as it launched a national TV campaign that sparks conversations about meat consumption. The company also accomplished a major legal victory, allowing it to keep using meat-related terms like “bacon” and “ham” on its packaging. La Vie’s products are now sold in over 8,200 locations across Europe with sales growing by nearly 200% in the last year. Though not yet profitable, the startup continues to invest in research and development to meet growing demand. French meat consumption is also declining, which supports its growth. More information in the full Green Queen Media article: https://lnkd.in/e_7TzGXY #ForwardFooding #FoodTech500 #plantbasedmeat #altprotein #futurefood

OffLimits stands out as a beacon of innovation and disruption. With a mission to redefine cereal culture for the modern generation, OffLimits has introduced a line of cereals that are not just delicious but also vegan, gluten-free, and brimming with unique flavors. Launched ambitiously in Target and Sprouts Farmers Market, OffLimits has seen unprecedented growth, expanding from 0 to an impressive 2500 retail doors in a short span. This rapid expansion is a testament to the brand's appeal and meeting consumer’s needs. This year they are launching nationally in Whole Foods Market, marking a strategic pivot towards the natural grocery market. At Flagstaff Ventures, our mission is to support and guide ventures like OffLimits, which are revolutionizing consumer habits and perspectives on market engagement and innovation. OffLimits' distinct approach to consumer interaction is setting new standards, mirroring the market-shaping innovation we champion. As OffLimits expands its reach, it continues to redefine the industry, underscoring Flagstaff Ventures' commitment to groundbreaking companies. 🔗 Discover more about OffLimits on their website, linked in the comments.

Great to see friends in the food & bev space at Bluestein Ventures HQ shortly after announcing their new $45M fund III focused on food tech. I gathered some of the key insights shared on a panel with the following founders; Ragoth Bala, John Hayes, R. J. Hottovy, CFA, and Perteet Spencer moderated by the one and only Ashley Hartman ⬇️ 1. With rising costs, brands like Ayo West African Foods, Blackbird Foods, and The Cumin Club are innovating with alternative proteins and authentic local flavours to offer value through both taste and affordability. 2. Shoppers are increasingly seeking deals, innovative flavors, and new experiences, challenging brands to secure retail shelf space amidst fierce competition. 3. Optimism for 2024 as supply chain enhancements promise better market conditions compared to 2023. 4. Brands must adapt to the changing landscape, where retailers are squeezing margins, and demographic shifts influence market demands. 5. From enhancing marketing efforts to optimizing supply chain visibility, AI offers transformative potential, though it’s still early days for full dependency. 6. Consumers are shifting towards clean, understandable ingredients, but the balance between authenticity and health-consciousness, especially in traditionally rich cuisines is not always easy to solve. #FoodIndustry #Innovation #ConsumerTrends

🌱 Are you familiar with our investment network, Branch Venture Group? 🌱 Branchfood's sister company, Branch Venture Group (BVG), is leading the charge in transforming the food industry through strategic investments. Their multitude of portfolio companies is working across the entire food system, driving progress in areas from agtech, to consumer product innovation, and everything in between. Imagine a future where cell-cultured protein is consumed widely, precision agriculture maximizes yields with minimal environmental impact, and cutting-edge hospitality technology delivers the most personalized dining experience. BVG is investing in this future, and we are always interested to learn about the latest products, technologies, and services defining the future of food. If you have a groundbreaking idea or early-stage company in food and beverage CPG, foodtech, or agtech, we want to hear from you! Get in touch with us today to explore how we can support your journey! 📈✨ https://lnkd.in/dwDhNn7n Waku, Trashy, Loco Coffee Co., Shameless Pets, Mori, BlueTrace, UPSIDE Foods, Reel, Chia Smash, Peelon™, Kosterina, Caraway Home, Atlantic Sea Farms, Copra Coconuts, TrewUp, Lauren Abda, Marcia Hooper #branchventuregroup #foodtech #socialinnovation #foodstartup #agrifoodtech #foodbusinessstartup #foodpreneur #foodentrepeneur #foodstartups #foodscience #foodbrand #foodindustry #foodconsultant #foodbusiness #foodinnovation #foodbranding #foodtechnology #startupcommunity #foodmanagement #foodnews

Cut through the noise and find the most important headlines related to the food industry this month! Check out the September edition of our newsletter, sent this week. We included articles highlighting:  📰 Food Tech Investments 'Bouncing Back' 📰 Bezos Centre for Sustainable Protein opens 📰 Foreign ownership of U.S. farmland 📰 Amazon debuts their private label groceries Do you have these events on your calendar yet? 📆 #GlobeSummit: Reimagining Food, From Lab to Table, 9/25 - 9/26 📆 RIHub's Newport Investor Summit 9/27, Newport RI 📆 Branchfood's October Community Table, 10/3 📆 Virtual Info Session + Tour of CommonWealth Kitchen, 10/10 View this month's edition for more news and events 🚀  https://lnkd.in/eg46i2HE #foodindustrynews #foodbusiness #foodinnovation #cpgtrends #foodentrepreneurs #sustainablefood #foodtech #foodandbeverage #foodstartups #foodsystems #foodsustainability #foodpackaging #futureoffood #foodindustrytrends #foodbusinessgrowth

Catch Raghav Joshi, Co-Founder and Head of Hosted & Acquired Brands at Rebel Foods, as he shares his insights and expertise at #ETEcomSummit. Tune in to discover how he's transforming the foodtech space and driving growth with innovative strategies! Know more: https://bit.ly/4ekvY4k #ETEcomSummit #ETRetail #ETEcomNatives #TechConference #DigitalEconomy #FutureOfTech #TechTrends #InnovativeTech #BusinessBoost #SuccessStrategy"

🚀 Journaling the timelines of Greenland Agro Foods story since inception back in COVID with a short precap on WHY it found its existence — ⭕️Deciding to jump out of family business involved a lot of grit and risk of not finding support at home. ✅The entrepreneurship bug peeped in 2012, right after my competitive exams of CA when the tea packaging startup came into existence foraying into retail but had to shut down after a year with failures. ✅In 2018, we again launched another tea packaging startup, but this time, we targeted the HORECA and when we started witnessing growth, the institutions collapsed and led to shuttering down of business. 🚀 🚀 Cut to COVID, Greenland Agro Foods took its birth when the entire world and social media were buzzing over health foods. JULY 2020 - We launched 4 SKUs (variants) of Roasted Makhana. NOVEMBER 2020 - Added 4 new variants to the Makhana category and introduced PROTEIN CHIPS, which had a huge white space back then. MARCH 2021 - Portfolio strength increased to 20 SKUs spread across 3 product categories (Makhana, Protein Chips, Puffs). JAN 2022 - Introduced PROTEIN BHUJIA category - never heard before (enjoying monopoly brand behaviour) 💹Our revenue has jumped from 12 lakhs in FY 21 to 60 lakhs in FY 24. 💹Our RTV has reduced from 5% in FY 21 to 1.5% in FY 24. ✅Our presence has spiked from 50 stores in FY to 750+ stores in FY 24. ✅Our distribution network has increased from 2 in FY 21 to 15+ in FY 24. #growth #business

Here are the 5 #FoodTech news of the week you need to know !