Years ago, Americans spent most of their disposable income on food but consistent investment in retail infrastructure has changed that. Now, they only spend 6% of their household income on food and beverages. Africa still battles with this and it is not hard to see why. The continent’s retail markets are highly fragmented and mostly made up […]
Vendease gets $3.2M to help hotels and restaurants buy food supplies in Africa
Vendease, an online marketplace that allows restaurants and other food businesses to buy supplies straight from manufacturers and farms, has raised a seed round of $3.2 million, the company confirmed to TechCrunch. The news is coming seven months after TechCrunch announced that the company, founded in January 2020, took part in Y Combinator’s winter batch […]
Ellen DeGeneres, Portia de Rossi, Shaun White, Shawn Mendes get behind Shelf Engine
Shelf Engine’s grocery order automation technology applies AI to food order volume so that grocery customers can reduce their food waste by as much as 32%.
$5.9 million ransomware attack on farming co-op may cause food shortage
Attack on US farming provider NEW Cooperative may disrupt the food supply chain.
GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the food supply chain
When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a […]
Apeel bites into another $250M funding round, at a $2B valuation, to accelerate fresh food supply chains
Apeel developed a plant-based layer for the surface of fruits and vegetables, that is tasteless and odorless, and keeps moisture in, while letting oxygen out.