This week, Oatly under fire, funghi gets fashionable and automations big break

This week, Oatly under fire, funghi gets fashionable and automations big break

By
Arman Anatürk
September 4, 2020

This is a web-version of our weekly This Week In Food newsletter. Subscribe below to receive future editions straight to your inbox.


This Week In Food things get a little messy (again) in the plant-based space. Last week there was the controversy as Beyond Meat and Impossible Foods came under fire for their ingredient list. This week it's Oatly and its investors.

Moral of the story: Everyone loves a startup, but when the startup turns scale-up, prepare for some heat.

The Digest

🥛 Unpopular Oatly The Swedish company had their values come under fire this week when news broke that one of its main investors, Blackstone was recently in trouble for funding a company accused of actively pushing deforestation of the Amazon.

That, and Blackstone cofounder, Stephen Schwarzman, single-handedly accounts for the vast bulk of the reported contributions toward Trump’s re-election effort. Oatly responded with an open letter stating that Blackstone's investment in a sustainable product could become a role model for other private equity investors, "Getting a company like Blackstone to invest in us is something we have been working on to create maximum change to benefit the planet" - will Oatly be in your basket next time you shop?

📢 PR done right After things got heated last week between Lightlife, Beyond and Impossible - Planterra Foods seized the opportunity to take a full-page ad out in the New York Times to thank the two plant-pioneers for carving a category that others can follow in.

🍳17,000+ and counting Eat Just, Inc.'s plant-based egg will be available at more than 17,000 retail stores nationwide by the end of the year including Walmart, Food Lion, GIANT, Kroger, Albertsons, Safeway, and more.

🤖 Robot Ghost Kitchens are the next futuristic thing you've never heard of. Last week, Tel Aviv-based Kitchen Robotics unveiled the Beastro, a robotic ghost kitchen, and this week Aitme founder, Emanuel Pallua joined our FoodHack Berlin event to share more about their fully automated kitchens.

🦮 Happy Dog Remember last week we mentioned Bond Pet Food created the world's first cultured chicken for pet use? Well here's a happy sampler giving it a taste test.

💪Deep Dive: into the world of Tempeh - this cake-like meat substitute than can be made out of pretty much any legume, nut, grain or seed. The market for this protein-packed product was valued at $3,842 million in 2019 and it’s now expected to grow at a CAGR of 7% by 2025, doubling its value by 2030. (FoodHack+)

🥫Green labeling Companies will be soon able to track the carbon emissions from an ear of corn to a pork chop, allowing them to market products to environmentally conscious eaters.

🍄 When fashion is fungal Textiles have a big carbon footprint and then clog landfills when discarded. Could biodegradable clothes made of mycelium be a solution?

🦙Tonight's menu cell-based alpaca chili tarama and kangaroo crystal dumplings. That's what was served up by Sydney-based company Vow at a recent culinary demonstration in partnership with revered Aussie chef Neil Perry.

🥜 Choco goes nuts Nestle is buying peanut-allergy treatment company Aimmune Therapeutics for $2B.The acquisition is part of a larger strategy by Nestlé to shift its focus from grab bag consumer goods (like candy and bottled water) to the higher-margin health and wellness biz.

🥬 Lufa Farms has opened the world's largest rooftop greenhouse farm, in Montreal, Canada. The new facility fully automated facility now yields 25,000 pounds of produce each week including 10 varieties of tomato and 3 varieties of eggplant.

🏄‍♂️ Laird Superfood, the plant-based food company started by big wave surfer Laird Hamilton, filed for a $40M IPO.

🙏 Good Karma, makers of flaxseed-based dairy alternatives, bought back its majority stake from a bankrupt Dean Foods after receiving investment from Valor Siren Ventures.

🍔 Whopper-please Burger King unveils its "touchless" restaurant concept, complete with solar panels, outdoor seating, and lots of drive-thru.

👀 One to watch: A comeback story in the making. In late June as COVID ravaged the foodservice sector, Ocean Hugger Foods, announced it would cease operation. But now, co-founder David Benzaquen says they're exploring paths to relaunch bigger and better than ever. Known for its plant-based seafood, like Ahimi raw 'tuna' made with tomatoes or Unami 'eel' utilizing eggplants, the company was quickly gaining traction, fans, and customers before the lockdown.

📈What's up: With a global pandemic out and about, online sales of vitamins and supplements surged:
- Elderberry, used for immune support, grew 415%.
- Zinc, a remedy for colds, jumped 255%.
- Vitamin C, a so-called immune booster, shot up 146%.
This comes as Bayer is buying vitamin company Care/of for $225M. The vitamin company had raised more than $80M to date and was valued at $156M at its last funding round in 2018. Similarly in this space, Nestlé acquired personalized vitamin maker Persona last year to complement its $2.3B acquisition of Atrium in 2017. With a global pandemic in full swing, vitamins are in.

📉 Whats down: Since May, market share for large brands declined 1.6% while smaller businesses have jumped 0.7% according to IRI retail data. At the start of the outbreak, legacy food companies saw a spike in demand, as shoppers gravitated towards trusted iconic brands like Nestlé, Mondelēz & Unilever. However, now it looks like many big FMCG companies are losing out to smaller startups.

New in Funding

  • 🛵 Zomato raises $62M for its Indian food delivery startup. Despite having to cut 13 percent of its workforce in May due to covid, the company seems to be on the uptick again.

  • 🥩 Emergy raises $28.2M as it continues to try to perfect its whole cut plant-based meats, including steak and chicken breast.

  • 🛵 Dunzo raises $28M for its e-commerce platform that delivers groceries, restaurant meals, and other supplies to customers around India’s major cities.

  • 🍔 Fazenda Futuro raises $21.5M for its alt-meat company as the plant-based industry continues to grow in Brazil.

  • 💨 Solar Foods raises €15M to move towards commercialization of Solein, its edible protein made from air and electricity by Q4 2022.
    Learn more in:
    - 3 mins' watch this video on how Solar Foods produces its protein
    - 5 mins' deep-dive into air protein and the key players
    - 30 mins' Listen to this great interview with the founder/CEO

  • 🍓 Saga Robotics raises $11m to develop robo-strawberry pickers.

  • 🍅 Farmy raises $10M for its e-grocery platform with over 12,500 mainly organic products. The Swiss company saw sales grow 160% in the first half of the year with a reported sales of €10.6M.

  • ☕️ Trade raises $9M to get more people into specialty coffee with its online specialty coffee marketplace and subscription service.

  • 🧀 Climax Foods raises $7.5M in funding to create plant-based cheese with machine learning algorithms.

  • 🍟 PeaTos raises $7M for its "Junk Food" taste made from peas.

  • 🌱 Vesta raises $2.3M for its plant-based meat alternatives made with mushroom protein.

  • 🎨 Chromologics raises €1.9M for its fermentation-based color platform for the production of ChromoColors.

  • ☁️ CarbonCloud, raises €1M to helps brands calculate their carbon footprints.

  • 🍲Planty raises €180k to expand its vegan frozen meal home delivery service.

Carbon negative snacks and upcycled avocado juice 🥑

Meet this week top 5 product featured on FoodHack Discovery:

1️⃣ Impact Snacks: Everyday sustainable snacks made with plant-based ingredients and home compostable packaging.
Watch: the founder eat their own packaging 😯
2️⃣ Jack & Friends: Plant-based jerky made from jackfruit and pea protein: source of protein and fiber, no added sugar
3️⃣ Reveal Dinks: An antioxidant-rich brew made from upcycled avocado seeds.
4️⃣ Atlas co.: Delicious meatless bacon that's high in protein, rich in nutrients, and so satisfying.
5️⃣ Wonderlab's Doozy Pots: Indulgent plant-based gelato made with organic oats and hemp hearts.

Have a product you'd like to get featured? Fill out the form here 🔍

This is a web-version of our weekly This Week In Food newsletter. Subscribe below to receive future editions straight to your inbox.

Written by
Arman Anatürk

Lived across North America, Europe and Asia, leading to my questionable cooking style. Jumped two feet forward into the startup world in 2013, and haven't looked back since. Always on the hunt for the next story or inside scoop to cover - email me or connect on LinkedIn.

Become a FoodHack+ member to get unlimited access

  • Read Unlimited Articles
  • Access Member Directory
  • Get Event Discounts

This is a web-version of our weekly This Week In Food newsletter. Subscribe below to receive future editions straight to your inbox.


This Week In Food things get a little messy (again) in the plant-based space. Last week there was the controversy as Beyond Meat and Impossible Foods came under fire for their ingredient list. This week it's Oatly and its investors.

Moral of the story: Everyone loves a startup, but when the startup turns scale-up, prepare for some heat.

The Digest

🥛 Unpopular Oatly The Swedish company had their values come under fire this week when news broke that one of its main investors, Blackstone was recently in trouble for funding a company accused of actively pushing deforestation of the Amazon.

That, and Blackstone cofounder, Stephen Schwarzman, single-handedly accounts for the vast bulk of the reported contributions toward Trump’s re-election effort. Oatly responded with an open letter stating that Blackstone's investment in a sustainable product could become a role model for other private equity investors, "Getting a company like Blackstone to invest in us is something we have been working on to create maximum change to benefit the planet" - will Oatly be in your basket next time you shop?

📢 PR done right After things got heated last week between Lightlife, Beyond and Impossible - Planterra Foods seized the opportunity to take a full-page ad out in the New York Times to thank the two plant-pioneers for carving a category that others can follow in.

🍳17,000+ and counting Eat Just, Inc.'s plant-based egg will be available at more than 17,000 retail stores nationwide by the end of the year including Walmart, Food Lion, GIANT, Kroger, Albertsons, Safeway, and more.

🤖 Robot Ghost Kitchens are the next futuristic thing you've never heard of. Last week, Tel Aviv-based Kitchen Robotics unveiled the Beastro, a robotic ghost kitchen, and this week Aitme founder, Emanuel Pallua joined our FoodHack Berlin event to share more about their fully automated kitchens.

🦮 Happy Dog Remember last week we mentioned Bond Pet Food created the world's first cultured chicken for pet use? Well here's a happy sampler giving it a taste test.

💪Deep Dive: into the world of Tempeh - this cake-like meat substitute than can be made out of pretty much any legume, nut, grain or seed. The market for this protein-packed product was valued at $3,842 million in 2019 and it’s now expected to grow at a CAGR of 7% by 2025, doubling its value by 2030. (FoodHack+)

🥫Green labeling Companies will be soon able to track the carbon emissions from an ear of corn to a pork chop, allowing them to market products to environmentally conscious eaters.

🍄 When fashion is fungal Textiles have a big carbon footprint and then clog landfills when discarded. Could biodegradable clothes made of mycelium be a solution?

🦙Tonight's menu cell-based alpaca chili tarama and kangaroo crystal dumplings. That's what was served up by Sydney-based company Vow at a recent culinary demonstration in partnership with revered Aussie chef Neil Perry.

🥜 Choco goes nuts Nestle is buying peanut-allergy treatment company Aimmune Therapeutics for $2B.The acquisition is part of a larger strategy by Nestlé to shift its focus from grab bag consumer goods (like candy and bottled water) to the higher-margin health and wellness biz.

🥬 Lufa Farms has opened the world's largest rooftop greenhouse farm, in Montreal, Canada. The new facility fully automated facility now yields 25,000 pounds of produce each week including 10 varieties of tomato and 3 varieties of eggplant.

🏄‍♂️ Laird Superfood, the plant-based food company started by big wave surfer Laird Hamilton, filed for a $40M IPO.

🙏 Good Karma, makers of flaxseed-based dairy alternatives, bought back its majority stake from a bankrupt Dean Foods after receiving investment from Valor Siren Ventures.

🍔 Whopper-please Burger King unveils its "touchless" restaurant concept, complete with solar panels, outdoor seating, and lots of drive-thru.

👀 One to watch: A comeback story in the making. In late June as COVID ravaged the foodservice sector, Ocean Hugger Foods, announced it would cease operation. But now, co-founder David Benzaquen says they're exploring paths to relaunch bigger and better than ever. Known for its plant-based seafood, like Ahimi raw 'tuna' made with tomatoes or Unami 'eel' utilizing eggplants, the company was quickly gaining traction, fans, and customers before the lockdown.

📈What's up: With a global pandemic out and about, online sales of vitamins and supplements surged:
- Elderberry, used for immune support, grew 415%.
- Zinc, a remedy for colds, jumped 255%.
- Vitamin C, a so-called immune booster, shot up 146%.
This comes as Bayer is buying vitamin company Care/of for $225M. The vitamin company had raised more than $80M to date and was valued at $156M at its last funding round in 2018. Similarly in this space, Nestlé acquired personalized vitamin maker Persona last year to complement its $2.3B acquisition of Atrium in 2017. With a global pandemic in full swing, vitamins are in.

📉 Whats down: Since May, market share for large brands declined 1.6% while smaller businesses have jumped 0.7% according to IRI retail data. At the start of the outbreak, legacy food companies saw a spike in demand, as shoppers gravitated towards trusted iconic brands like Nestlé, Mondelēz & Unilever. However, now it looks like many big FMCG companies are losing out to smaller startups.

New in Funding

  • 🛵 Zomato raises $62M for its Indian food delivery startup. Despite having to cut 13 percent of its workforce in May due to covid, the company seems to be on the uptick again.

  • 🥩 Emergy raises $28.2M as it continues to try to perfect its whole cut plant-based meats, including steak and chicken breast.

  • 🛵 Dunzo raises $28M for its e-commerce platform that delivers groceries, restaurant meals, and other supplies to customers around India’s major cities.

  • 🍔 Fazenda Futuro raises $21.5M for its alt-meat company as the plant-based industry continues to grow in Brazil.

  • 💨 Solar Foods raises €15M to move towards commercialization of Solein, its edible protein made from air and electricity by Q4 2022.
    Learn more in:
    - 3 mins' watch this video on how Solar Foods produces its protein
    - 5 mins' deep-dive into air protein and the key players
    - 30 mins' Listen to this great interview with the founder/CEO

  • 🍓 Saga Robotics raises $11m to develop robo-strawberry pickers.

  • 🍅 Farmy raises $10M for its e-grocery platform with over 12,500 mainly organic products. The Swiss company saw sales grow 160% in the first half of the year with a reported sales of €10.6M.

  • ☕️ Trade raises $9M to get more people into specialty coffee with its online specialty coffee marketplace and subscription service.

  • 🧀 Climax Foods raises $7.5M in funding to create plant-based cheese with machine learning algorithms.

  • 🍟 PeaTos raises $7M for its "Junk Food" taste made from peas.

  • 🌱 Vesta raises $2.3M for its plant-based meat alternatives made with mushroom protein.

  • 🎨 Chromologics raises €1.9M for its fermentation-based color platform for the production of ChromoColors.

  • ☁️ CarbonCloud, raises €1M to helps brands calculate their carbon footprints.

  • 🍲Planty raises €180k to expand its vegan frozen meal home delivery service.

Carbon negative snacks and upcycled avocado juice 🥑

Meet this week top 5 product featured on FoodHack Discovery:

1️⃣ Impact Snacks: Everyday sustainable snacks made with plant-based ingredients and home compostable packaging.
Watch: the founder eat their own packaging 😯
2️⃣ Jack & Friends: Plant-based jerky made from jackfruit and pea protein: source of protein and fiber, no added sugar
3️⃣ Reveal Dinks: An antioxidant-rich brew made from upcycled avocado seeds.
4️⃣ Atlas co.: Delicious meatless bacon that's high in protein, rich in nutrients, and so satisfying.
5️⃣ Wonderlab's Doozy Pots: Indulgent plant-based gelato made with organic oats and hemp hearts.

Have a product you'd like to get featured? Fill out the form here 🔍

This is a web-version of our weekly This Week In Food newsletter. Subscribe below to receive future editions straight to your inbox.

Become a FoodHack+ member to get unlimited access

  • Read Unlimited Articles
  • Access Member Directory
  • Join a Global Community
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This is a web-version of our weekly This Week In Food newsletter. Subscribe below to receive future editions straight to your inbox.


This Week In Food things get a little messy (again) in the plant-based space. Last week there was the controversy as Beyond Meat and Impossible Foods came under fire for their ingredient list. This week it's Oatly and its investors.

Moral of the story: Everyone loves a startup, but when the startup turns scale-up, prepare for some heat.

The Digest

🥛 Unpopular Oatly The Swedish company had their values come under fire this week when news broke that one of its main investors, Blackstone was recently in trouble for funding a company accused of actively pushing deforestation of the Amazon.

That, and Blackstone cofounder, Stephen Schwarzman, single-handedly accounts for the vast bulk of the reported contributions toward Trump’s re-election effort. Oatly responded with an open letter stating that Blackstone's investment in a sustainable product could become a role model for other private equity investors, "Getting a company like Blackstone to invest in us is something we have been working on to create maximum change to benefit the planet" - will Oatly be in your basket next time you shop?

📢 PR done right After things got heated last week between Lightlife, Beyond and Impossible - Planterra Foods seized the opportunity to take a full-page ad out in the New York Times to thank the two plant-pioneers for carving a category that others can follow in.

🍳17,000+ and counting Eat Just, Inc.'s plant-based egg will be available at more than 17,000 retail stores nationwide by the end of the year including Walmart, Food Lion, GIANT, Kroger, Albertsons, Safeway, and more.

🤖 Robot Ghost Kitchens are the next futuristic thing you've never heard of. Last week, Tel Aviv-based Kitchen Robotics unveiled the Beastro, a robotic ghost kitchen, and this week Aitme founder, Emanuel Pallua joined our FoodHack Berlin event to share more about their fully automated kitchens.

🦮 Happy Dog Remember last week we mentioned Bond Pet Food created the world's first cultured chicken for pet use? Well here's a happy sampler giving it a taste test.

💪Deep Dive: into the world of Tempeh - this cake-like meat substitute than can be made out of pretty much any legume, nut, grain or seed. The market for this protein-packed product was valued at $3,842 million in 2019 and it’s now expected to grow at a CAGR of 7% by 2025, doubling its value by 2030. (FoodHack+)

🥫Green labeling Companies will be soon able to track the carbon emissions from an ear of corn to a pork chop, allowing them to market products to environmentally conscious eaters.

🍄 When fashion is fungal Textiles have a big carbon footprint and then clog landfills when discarded. Could biodegradable clothes made of mycelium be a solution?

🦙Tonight's menu cell-based alpaca chili tarama and kangaroo crystal dumplings. That's what was served up by Sydney-based company Vow at a recent culinary demonstration in partnership with revered Aussie chef Neil Perry.

🥜 Choco goes nuts Nestle is buying peanut-allergy treatment company Aimmune Therapeutics for $2B.The acquisition is part of a larger strategy by Nestlé to shift its focus from grab bag consumer goods (like candy and bottled water) to the higher-margin health and wellness biz.

🥬 Lufa Farms has opened the world's largest rooftop greenhouse farm, in Montreal, Canada. The new facility fully automated facility now yields 25,000 pounds of produce each week including 10 varieties of tomato and 3 varieties of eggplant.

🏄‍♂️ Laird Superfood, the plant-based food company started by big wave surfer Laird Hamilton, filed for a $40M IPO.

🙏 Good Karma, makers of flaxseed-based dairy alternatives, bought back its majority stake from a bankrupt Dean Foods after receiving investment from Valor Siren Ventures.

🍔 Whopper-please Burger King unveils its "touchless" restaurant concept, complete with solar panels, outdoor seating, and lots of drive-thru.

👀 One to watch: A comeback story in the making. In late June as COVID ravaged the foodservice sector, Ocean Hugger Foods, announced it would cease operation. But now, co-founder David Benzaquen says they're exploring paths to relaunch bigger and better than ever. Known for its plant-based seafood, like Ahimi raw 'tuna' made with tomatoes or Unami 'eel' utilizing eggplants, the company was quickly gaining traction, fans, and customers before the lockdown.

📈What's up: With a global pandemic out and about, online sales of vitamins and supplements surged:
- Elderberry, used for immune support, grew 415%.
- Zinc, a remedy for colds, jumped 255%.
- Vitamin C, a so-called immune booster, shot up 146%.
This comes as Bayer is buying vitamin company Care/of for $225M. The vitamin company had raised more than $80M to date and was valued at $156M at its last funding round in 2018. Similarly in this space, Nestlé acquired personalized vitamin maker Persona last year to complement its $2.3B acquisition of Atrium in 2017. With a global pandemic in full swing, vitamins are in.

📉 Whats down: Since May, market share for large brands declined 1.6% while smaller businesses have jumped 0.7% according to IRI retail data. At the start of the outbreak, legacy food companies saw a spike in demand, as shoppers gravitated towards trusted iconic brands like Nestlé, Mondelēz & Unilever. However, now it looks like many big FMCG companies are losing out to smaller startups.

New in Funding

  • 🛵 Zomato raises $62M for its Indian food delivery startup. Despite having to cut 13 percent of its workforce in May due to covid, the company seems to be on the uptick again.

  • 🥩 Emergy raises $28.2M as it continues to try to perfect its whole cut plant-based meats, including steak and chicken breast.

  • 🛵 Dunzo raises $28M for its e-commerce platform that delivers groceries, restaurant meals, and other supplies to customers around India’s major cities.

  • 🍔 Fazenda Futuro raises $21.5M for its alt-meat company as the plant-based industry continues to grow in Brazil.

  • 💨 Solar Foods raises €15M to move towards commercialization of Solein, its edible protein made from air and electricity by Q4 2022.
    Learn more in:
    - 3 mins' watch this video on how Solar Foods produces its protein
    - 5 mins' deep-dive into air protein and the key players
    - 30 mins' Listen to this great interview with the founder/CEO

  • 🍓 Saga Robotics raises $11m to develop robo-strawberry pickers.

  • 🍅 Farmy raises $10M for its e-grocery platform with over 12,500 mainly organic products. The Swiss company saw sales grow 160% in the first half of the year with a reported sales of €10.6M.

  • ☕️ Trade raises $9M to get more people into specialty coffee with its online specialty coffee marketplace and subscription service.

  • 🧀 Climax Foods raises $7.5M in funding to create plant-based cheese with machine learning algorithms.

  • 🍟 PeaTos raises $7M for its "Junk Food" taste made from peas.

  • 🌱 Vesta raises $2.3M for its plant-based meat alternatives made with mushroom protein.

  • 🎨 Chromologics raises €1.9M for its fermentation-based color platform for the production of ChromoColors.

  • ☁️ CarbonCloud, raises €1M to helps brands calculate their carbon footprints.

  • 🍲Planty raises €180k to expand its vegan frozen meal home delivery service.

Carbon negative snacks and upcycled avocado juice 🥑

Meet this week top 5 product featured on FoodHack Discovery:

1️⃣ Impact Snacks: Everyday sustainable snacks made with plant-based ingredients and home compostable packaging.
Watch: the founder eat their own packaging 😯
2️⃣ Jack & Friends: Plant-based jerky made from jackfruit and pea protein: source of protein and fiber, no added sugar
3️⃣ Reveal Dinks: An antioxidant-rich brew made from upcycled avocado seeds.
4️⃣ Atlas co.: Delicious meatless bacon that's high in protein, rich in nutrients, and so satisfying.
5️⃣ Wonderlab's Doozy Pots: Indulgent plant-based gelato made with organic oats and hemp hearts.

Have a product you'd like to get featured? Fill out the form here 🔍

This is a web-version of our weekly This Week In Food newsletter. Subscribe below to receive future editions straight to your inbox.

This is a web-version of our weekly This Week In Food newsletter. Subscribe below to receive future editions straight to your inbox.


This Week In Food things get a little messy (again) in the plant-based space. Last week there was the controversy as Beyond Meat and Impossible Foods came under fire for their ingredient list. This week it's Oatly and its investors.

Moral of the story: Everyone loves a startup, but when the startup turns scale-up, prepare for some heat.

The Digest

🥛 Unpopular Oatly The Swedish company had their values come under fire this week when news broke that one of its main investors, Blackstone was recently in trouble for funding a company accused of actively pushing deforestation of the Amazon.

That, and Blackstone cofounder, Stephen Schwarzman, single-handedly accounts for the vast bulk of the reported contributions toward Trump’s re-election effort. Oatly responded with an open letter stating that Blackstone's investment in a sustainable product could become a role model for other private equity investors, "Getting a company like Blackstone to invest in us is something we have been working on to create maximum change to benefit the planet" - will Oatly be in your basket next time you shop?

📢 PR done right After things got heated last week between Lightlife, Beyond and Impossible - Planterra Foods seized the opportunity to take a full-page ad out in the New York Times to thank the two plant-pioneers for carving a category that others can follow in.

🍳17,000+ and counting Eat Just, Inc.'s plant-based egg will be available at more than 17,000 retail stores nationwide by the end of the year including Walmart, Food Lion, GIANT, Kroger, Albertsons, Safeway, and more.

🤖 Robot Ghost Kitchens are the next futuristic thing you've never heard of. Last week, Tel Aviv-based Kitchen Robotics unveiled the Beastro, a robotic ghost kitchen, and this week Aitme founder, Emanuel Pallua joined our FoodHack Berlin event to share more about their fully automated kitchens.

🦮 Happy Dog Remember last week we mentioned Bond Pet Food created the world's first cultured chicken for pet use? Well here's a happy sampler giving it a taste test.

💪Deep Dive: into the world of Tempeh - this cake-like meat substitute than can be made out of pretty much any legume, nut, grain or seed. The market for this protein-packed product was valued at $3,842 million in 2019 and it’s now expected to grow at a CAGR of 7% by 2025, doubling its value by 2030. (FoodHack+)

🥫Green labeling Companies will be soon able to track the carbon emissions from an ear of corn to a pork chop, allowing them to market products to environmentally conscious eaters.

🍄 When fashion is fungal Textiles have a big carbon footprint and then clog landfills when discarded. Could biodegradable clothes made of mycelium be a solution?

🦙Tonight's menu cell-based alpaca chili tarama and kangaroo crystal dumplings. That's what was served up by Sydney-based company Vow at a recent culinary demonstration in partnership with revered Aussie chef Neil Perry.

🥜 Choco goes nuts Nestle is buying peanut-allergy treatment company Aimmune Therapeutics for $2B.The acquisition is part of a larger strategy by Nestlé to shift its focus from grab bag consumer goods (like candy and bottled water) to the higher-margin health and wellness biz.

🥬 Lufa Farms has opened the world's largest rooftop greenhouse farm, in Montreal, Canada. The new facility fully automated facility now yields 25,000 pounds of produce each week including 10 varieties of tomato and 3 varieties of eggplant.

🏄‍♂️ Laird Superfood, the plant-based food company started by big wave surfer Laird Hamilton, filed for a $40M IPO.

🙏 Good Karma, makers of flaxseed-based dairy alternatives, bought back its majority stake from a bankrupt Dean Foods after receiving investment from Valor Siren Ventures.

🍔 Whopper-please Burger King unveils its "touchless" restaurant concept, complete with solar panels, outdoor seating, and lots of drive-thru.

👀 One to watch: A comeback story in the making. In late June as COVID ravaged the foodservice sector, Ocean Hugger Foods, announced it would cease operation. But now, co-founder David Benzaquen says they're exploring paths to relaunch bigger and better than ever. Known for its plant-based seafood, like Ahimi raw 'tuna' made with tomatoes or Unami 'eel' utilizing eggplants, the company was quickly gaining traction, fans, and customers before the lockdown.

📈What's up: With a global pandemic out and about, online sales of vitamins and supplements surged:
- Elderberry, used for immune support, grew 415%.
- Zinc, a remedy for colds, jumped 255%.
- Vitamin C, a so-called immune booster, shot up 146%.
This comes as Bayer is buying vitamin company Care/of for $225M. The vitamin company had raised more than $80M to date and was valued at $156M at its last funding round in 2018. Similarly in this space, Nestlé acquired personalized vitamin maker Persona last year to complement its $2.3B acquisition of Atrium in 2017. With a global pandemic in full swing, vitamins are in.

📉 Whats down: Since May, market share for large brands declined 1.6% while smaller businesses have jumped 0.7% according to IRI retail data. At the start of the outbreak, legacy food companies saw a spike in demand, as shoppers gravitated towards trusted iconic brands like Nestlé, Mondelēz & Unilever. However, now it looks like many big FMCG companies are losing out to smaller startups.

New in Funding

  • 🛵 Zomato raises $62M for its Indian food delivery startup. Despite having to cut 13 percent of its workforce in May due to covid, the company seems to be on the uptick again.

  • 🥩 Emergy raises $28.2M as it continues to try to perfect its whole cut plant-based meats, including steak and chicken breast.

  • 🛵 Dunzo raises $28M for its e-commerce platform that delivers groceries, restaurant meals, and other supplies to customers around India’s major cities.

  • 🍔 Fazenda Futuro raises $21.5M for its alt-meat company as the plant-based industry continues to grow in Brazil.

  • 💨 Solar Foods raises €15M to move towards commercialization of Solein, its edible protein made from air and electricity by Q4 2022.
    Learn more in:
    - 3 mins' watch this video on how Solar Foods produces its protein
    - 5 mins' deep-dive into air protein and the key players
    - 30 mins' Listen to this great interview with the founder/CEO

  • 🍓 Saga Robotics raises $11m to develop robo-strawberry pickers.

  • 🍅 Farmy raises $10M for its e-grocery platform with over 12,500 mainly organic products. The Swiss company saw sales grow 160% in the first half of the year with a reported sales of €10.6M.

  • ☕️ Trade raises $9M to get more people into specialty coffee with its online specialty coffee marketplace and subscription service.

  • 🧀 Climax Foods raises $7.5M in funding to create plant-based cheese with machine learning algorithms.

  • 🍟 PeaTos raises $7M for its "Junk Food" taste made from peas.

  • 🌱 Vesta raises $2.3M for its plant-based meat alternatives made with mushroom protein.

  • 🎨 Chromologics raises €1.9M for its fermentation-based color platform for the production of ChromoColors.

  • ☁️ CarbonCloud, raises €1M to helps brands calculate their carbon footprints.

  • 🍲Planty raises €180k to expand its vegan frozen meal home delivery service.

Carbon negative snacks and upcycled avocado juice 🥑

Meet this week top 5 product featured on FoodHack Discovery:

1️⃣ Impact Snacks: Everyday sustainable snacks made with plant-based ingredients and home compostable packaging.
Watch: the founder eat their own packaging 😯
2️⃣ Jack & Friends: Plant-based jerky made from jackfruit and pea protein: source of protein and fiber, no added sugar
3️⃣ Reveal Dinks: An antioxidant-rich brew made from upcycled avocado seeds.
4️⃣ Atlas co.: Delicious meatless bacon that's high in protein, rich in nutrients, and so satisfying.
5️⃣ Wonderlab's Doozy Pots: Indulgent plant-based gelato made with organic oats and hemp hearts.

Have a product you'd like to get featured? Fill out the form here 🔍

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