Browsing tag

food waste

Food Waste Fighting Startup Apeel Bags $250M In Temasek-Led Round

4 Mins Read Apeel, the startup whose tech enables longer-lasting fresh produce, has just bagged $250 million in a fresh funding round. The round, led by Singapore’s Temasek, will go towards Apeel’s continued expansion across Europe, the U.S. and U.K. It will also help the firm forge new partnerships with suppliers and retailers to “further stamp out food […]

Apeel: Pack Tech Co Keeps Avocados & Mangos Fresh, Now On A Mission To Help Smallholder Farmers Fight Food Waste Too

4 Mins Read Apeel, the company whose technology slows down the rate of spoilage of fresh fruit, has several big-name partnerships under its belt. Currently, the California food waste fighting startup works with major produce suppliers like Del Monte and Nature’s Pride to protect avocados and mangoes from going bad. But they don’t want to stop there. Instead, […]

Global Food System Carbon Footprint Will Worsen, Transition To ‘Plant-Based Food Inevitable’ Says Credit Suisse Report

5 Mins Read In a new report on the investment case for a sustainable food system, analysts say that the plant-based food transition is “inevitable” and will bring about new opportunities for investors and businesses across the food supply chain. Released by the Credit Suisse Research Institute (CSRI), the report also identified the wider alternative protein industry, sustainable […]

Designed For City-Dwellers: Lomi Countertop Composter Raises Over US$6.8M Via Crowdfunding

3 Mins Read Lomi, the new home food waste machine launched by compostable phone case brand Pela, has managed to attract more than US$6.8 million from over 18,000 backers through its Indiegogo crowdfunding campaign. The kitchen countertop appliance turns food scraps, cloth and bioplastics into soil within just 24 hours.  Pela’s crowdfunding campaign for its latest product, Lomi, […]

SAVRpak Bags US$3.5M Series A Led By Mark Cuban After Cold Email Pitch To Disrupt Food Waste

5 Mins Read California-based anti-food waste startup SAVRpak has closed US$3.5 million in its Series A financing led by celebrity investor Mark Cuban, after co-founder Greg Maselli’s took a shot with an email pitch. Formerly known as Soggy Food Sucks, SAVRpak’s solution helps absorb moisture in food containers to keep insides fresh and crisp, preventing spoilage and food […]

Manila Agritech Fortuna Cools Bags Funding For Plastic-Free Upcycled Coconut Coolers

3 Mins Read Fortuna Cools, a Philippines-based agritech startup making sustainable coolers out of coconut fibre, has closed its round of seed funding. The company is backed by ADB Ventures, the impact investment arm of Asian Development Bank, and will be using the funds to ramp up production of its biodegradable plastic-free alternative to traditional styrofoam containers.  Manila-headquartered […]

China Adopts Food Waste Law & Bans Binge Eating Videos To Foster ‘Resource-Conserving’ Society

3 Mins Read China has enacted new legislation to combat food waste, banning online binge-eating videos and fines for diners who leave behind excessive uneaten food at restaurants. According to Chinese state media, the new policy is aimed at fostering a “resource-conserving” society. It comes as countries around the world are collectively ramping up efforts to tackle the […]

Hazel Technologies Raises US$70M Series C To Bring Food Waste Solutions To Global Supply Chains

4 Mins Read Hazel Technologies, the USDA-funded ag-tech startup developing food waste solutions, has closed US$70 million in an oversubscribed Series C financing round. The funding will fuel the firm’s plan to expand its operations globally, bringing its shelf-life-extending products to new markets in Southeast Asia, Africa and Europe.  Hazel Technologies has announced the completion of a US$70 […]

‘Ugly’ Produce Pioneer Imperfect Foods Pledges To Reach Net-Zero By 2030

4 Mins Read Imperfect Foods, one of the first startups to slash food waste with “ugly” produce boxes, has pledged to double down on its sustainability efforts by slashing its carbon footprint. Pledging to reach net-zero emissions by the end of the decade, the company says it will convert to 100% renewable energy, improve regional sourcing and eliminate […]

Nativ Cascara: Nestlé Australia Launches Sustainable Upcycled Coffee Husk Drink Termed ‘Social Beverage’

3 Mins Read In a move to keep up with conscious consumerism, Nestlé Australia has debuted a brand new line of upcycled drinks. Made from upcycled coffee berry husks, the caffeinated “social beverage” Nescafé Nativ Cascara uses up the discards from coffee harvesting, slashing food waste while also providing growers with a new business opportunity.  Nestlé Australia has […]

Singapore Plans Commercial Food Waste Reporting Policy In Latest Zero-Waste Push

3 Mins Read In its latest sustainability push, Singapore authorities are considering a new policy to require commercial and industrial firms to measure and report how much food waste they produce and segregate for treatment. While industry consultations are due to take place in the second half of 2021, the proposed reporting rule will likely come into effect […]

Kroger Sets Aside US$2.5M To Back Upcycled Food Waste Startups

4 Mins Read American retail giant Kroger has pledged to support innovative startups developing upcycled food products and solutions. Through its charity arm Zero Hunger Zero Waste Foundation, the supermarket will invest US$2.5 million in collective grants to companies working on what it describes as the “next frontier” in recovering and repurposing food that would otherwise go to  […]

Asian Example: Here’s How South Korea Is Recycling 95% Of Its Food Waste

4 Mins Read South Korea used to recycle just 2% of its food waste, but has since impressively brought this figure up to 95%. How? The country has tapped innovative technologies such as smart bins and bolstering local food production by setting up urban farms, as well as introducing compulsory household food waste recycling. It’s setting an example […]