Company raises $80 Million series B to commercialize a new protein
April 3, 2020
Nature's Fynd, a food tech company producing a protein from a microbe originally discovered in the geothermal springs of Yellowstone's ancient volcano, has raised $80 million in new funding.
Julia Decruz to take on new role as the company’s new director R&D/applications
April 1, 2020
Pam deVries, General Manager, PROVA Inc., announced that the company has hired Julia Decruz to be the company’s new director R&D/applications, effective immediately.
Boomers show greatest shift in shopping behavior; women show significant behavioral shifts, while men stockpile, cut spending
April 1, 2020
As coronavirus spreads nationwide, a recent survey by First Insight found that news of the virus is impacting the shopping behavior of 75% of respondents, up from 45% (a 70% increase) when comparing to a survey fielded in late February. The survey by First Insight, Inc., a leading technology company transforming how retailers make product investment and pricing decisions, also pointed to significant swings in behavior by women and Baby Boomers over the last three weeks.
New centers enable collaboration with global and regional customers on sugar reduction and taste innovations
March 31, 2020
Global food and beverage manufacturers can now create and collaborate on exploring sugar reduction solutions with SweeGen in its newly launched Food and Beverage Application Centers located in four global regions --- North America, Europe, Asia-Pacific and Latin America.
The show was scheduled to take place May 31 to June 2 in Indianapolis
March 31, 2020
In a letter to its community, the International Dairy Deli Bakery Association (IDDBA) announced the cancellation of its annual trade show. The show was scheduled to take place May 31 to June 2 in Indianapolis.
Show organizers are monitoring the coronavirus situation, and are following Chinese government guidelines and recommendations
March 31, 2020
The organizers of Hi & Fi Asia-China indicate that the 2020 expo will go ahead as planned from June 22-24 at the National Exhibition & Convention Center, Shanghai.
The Soy Innovation Challenge calls on ag-tech startups and teams to create value for soybean farmers through innovation and technology
March 31, 2020
US soybean farmers principally are price takers in the existing soybean supply chain, without transparent access to market signals originating from end users. Similarly, the complexity of the value chain makes it difficult for end users to buy raw materials that meet their needs.
Health and safety concerns related to the COVID-19 pandemic prompt the Institute of Food Technologists Annual Event and Food Expo to transition to a virtual experience
March 30, 2020
The Institute of Food Technologists (IFT) announced that it will transition the IFT20 Annual Event and Food Expo, slated for July 12-15 at McCormick Place in Chicago, to a virtual event experience. The move comes in an effort to prioritize the health and safety of participants and the broader community throughout current and anticipated developments of the COVID-19 pandemic.
Political and economic unease, here and abroad, has been growing well before the onset of COVID-19. What the spread of COVID-19 has caused, is an amplification and acceleration of the Tide that was already rolling in. It's no less significant for its abruptness and shock value, but pandemics can have the effect of shaping and altering the trajectory of already identified trends.