Wednesday, November 25, 2020

Crushing Ag and FoodTech Innovation - Five Israeli Startups to Watch in 2021

Image credit: Justin Veenema on Unsplash

It’s the holidays. This year is going to be different for many of us with festivities via Zoom as opposed to in person, but the common denominator for the festive season remains the same - food! So, grab a munchie or a beverage, and check out these Israeli startups that are crushing ag and food innovation!

Hack your metabolism

Lumen measures metabolism in real-time through a device and app, enabling daily personalized nutrition. By using a carbon dioxide sensor and flow meter to determine the carbon dioxide concentration in a single breath, the type of fuel your body is using to produce energy can be determined. In November, together with Garmin International, Lumen launched a Connect IQ Lumen App and Garmin Health API integration, allowing users to better understand the impact of fitness and nutrition decisions on their body in real time.

Follow: @LumenMetabolism

Same taste - no after taste

DouxMatok offers targeted delivery of flavor Ingredients, such as sugar and salt, enabling healthier consumption of foods without compromising taste. In October, the company announced a strategic collaboration with Roberts Sugar to deliver a unique sugar reduction solution based on cane sugar, to food companies in North America. DouxMatok’s solution is expected to be available to the food industry in the United States as of 2021.

Follow: @DouxMatok

Better yields for farmers’ fields

CropX Technologies helps farmers get bigger, better yields by offering proprietary soil sensor technology and cloud-based Ag analytics that integrate with irrigation systems. The affordable, easy-to-install CropX system helps farmers increase crop yield and quality and reduce water, fertilization and energy costs. At the beginning of the year the company announced the acquisition of Nebraska-based CropMetrics, a provider of cloud-based, precision-irrigation tools. 

Follow: @Crop_X

Any tree, any time

SeeTree provides farmers with one of the most advanced data and intelligence networks in Agtech by providing visibility into the health records and productivity of any individual tree at any time, and over time. The company provides a comprehensive service combining boots on the ground and high-resolution multi-dimensional sensing imagery utilizing drones, sensors and special vehicles to collect precise data. Harnessing the power of cutting-edge technology, including artificial intelligence and combining it with agronomic human intelligence, results in a synergy that facilitates accuracy and consistency.

Follow: @SeeTree_AI

From Nature - Back to Nature

TIPA® Compostable Packaging is a supplier of flexible compostable packaging that will fully biodegrade in a compost environment, including laminates and labels. TIPA offers certified food grade packaging for fresh, dry, chilled, baked, and frozen goods and has amassed a stellar array of clients that includes Stella McCartney, Natoora and Bimbo. In November, it was announced that TIPA and Commonwealth Packaging in the United States would partner to help retailers embrace sustainability while still delivering an effective packaging experience to its customers.  

Follow: @TIPACorp

Tuesday, February 4, 2020

Congratulations To The FoodTech 500 Top Ten!

Congratulations to the FoodTech 500 Top Ten that exemplify what it means to be one of the stars of the FoodTech industry! 

The deeper insights into the people and companies on the FoodTech 500 list make for fascinating reading as they describe how they started out as a company, and their thoughts on the role of technology in the FoodTech industry. Explore the full list of the Fortune 500 of FoodTech here.

Some fascinating factoids about the FoodTech 500:
  • In total, 78.2% of FoodTech 500 companies are less than 5 years old and 56.1% are at pre-seed or seed-stage funding. 
  • Despite their early stage, close to 75% are revenue-generating.
  • The FoodTech 500 represents a truly global response with over 1.200 applications from 54 different countries, across 8 different categories of AgriFoodTech. 

Tomorrow's food trends have a very good chance of starting with the the FoodTech 500, particularly the Top Ten. Watch this space!