Here is our selection of articles from what we have read this week:
💰 The best deals of the week:
- Ginkgo Bioworks (not directly FoodTech, more Biotech, but still highly interesting company) succeeded in its $15B IPO.
- Air Up raises $40M. The German startup markets reusable bottles that you fill with water. You add scent “pods” that stimulate your brain to think the water has a taste (from coke to orange juice). The bottle is nice (still on my desk one year after), the scenting part is… less convincing.
- Burro, an AgTech robot startup, raises $11M, notably from Toyota. It is interesting to see that startups that raise money in this space can now boast an impressive number of deployed robots and measured productivity improvement.
🥵 As a Starwars fan, I love everything laser-related. Hence, I can’t m
iss the opportunity to share this news that it may now be possible to cook with them. While it is not yet available for your oven, it could be a fascinating technique to be combined with 3D printing in the (far) future.
🥜 The pea prices are soaring. Beyond pea lovers, this will impact the plant-based industry which heavily relies on it. We will have to see if companies have to increase their prices and hence widen the gap with conventional meat.