Can the magic continue for these giant German discount grocers while still shunning the Internet? Both companies are sticking with their bets that avoiding the online grocery space in favor of lowering costs while boosting quality in stores represent the best chances for long-term profitable growth in an industry with razor-thin margins. It’s an interesting Read More
The popular German discount grocer is struggling after a successful US launch in June this year. Following strong sales out of the gates, foot traffic has slowed in recent months. Although the US launch inauspiciously coincided with Amazon’s surprise purchase of Whole Foods, Lidl’s struggles are likely not the result of the online giant’s aggressive move Read More
In April, I wrote about some exciting food sustainability startups coming out of Y Combinator in 2016 (that post also includes background on the world’s top startup incubator). As follow up, I reviewed YC’s 2017 Winter Demo Day to find out the latest in YC food system innovation. Of the 60+ startups that pitched during the two-day Read More
A new report weaves a data-rich story about how countries, cities, and companies can reduce the economic, environmental, and social toll caused by food waste. One-third of our global food supply goes to waste, resulting in an annual $900 billion economic loss and 8% of collective greenhouse gas emissions. All the while, one in nine Read More
Y Combinator is a world-renowned startup accelerator and one of the most admired brands in Silicon Valley. Founded in 2005 by Paul Graham and now run by Sam Altman, YC ushers hundreds of the most promising startups through its prestigious program every year. The company’s semi-annual three-month boot camps are highly sought after by thousands Read More
CB Insights’ 2016 Game Changers Report covers 36 startups they believe counter the growing perception that Sillicon Valley no longer tackles the world’s most difficult problems. The entire report is worth reading, but I placed particular emphasis on the handful of companies that are relevant to our changing food system. Below is a brief summary of each food-related startup: Ava Read More
The agriculture business is changing fast and large agribusinesses need to adapt ever faster according to a joint report – “Lessons from the Frontlines of the Agtech Revolution” – by AgFunder and Boston Consulting Group (BCG). Despite net farm income falling to 65% of its peak from 2013, venture capital investments in agtech startups expanded Read More
October 10, 2016
Patagonia is bringing its sustainability philosophy to beer. The company’s food division, Patagonia Provisions, in partnership with Hopworks Urban Brewery, announced the launch of Long Root Ale, a craft beer with a special ingredient that mitigates climate change.
October 5, 2016
Mary Meeker’s annual report on internet trends is a thing of legend. Each year the venture capitalist produces a 200+ slide report on the latest and greatest internet trends and technologies shaping our society and economy. As a result, she’s viewed as one of the go-to sources for spotting top line trends. Meeker is a partner at one of Read More
August 8, 2016
A recent article in Fortune, Is There an AgTech Bubble?, provided evidence portending an emerging AgTech bubble. While investment in AgTech companies is hot, demand for those companies’ products may be cooling (if it existed at all).