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Startups making meat alternatives are gaining traction worldwide

Startups making meat alternatives are gaining traction worldwide Startups that produce lab-grown meat and meat substitutes are gaining traction and raising cash in global markets, mirroring a surge of support food tech companies are seeing in the United States. New partnerships with global chains like McDonald’s in Hong Kong, the launch of test kitchens in […]

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Nestlé acquires healthy meal startup Freshly for up to $1.5B

Nestlé acquires healthy meal startup Freshly for up to .5B Nestlé USA just announced that it has acquired Freshly for $1.5 billion — $950 million plus potential earnouts of up to $550 million based on future growth. Founded in 2015, Freshly is a New York City-based startup that offers healthy meals delivered to your home […]

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10 favorite startups from Techstars’ October 2020 class

10 favorite startups from Techstars’ October 2020 class A few weeks back, The Exchange dug through a number of Techstars demo days and parsed a few dozen startups to find a few favorites. Today, we’re back for more of the same, albeit with a different set of accelerators’ results to examine. As a reminder, the […]

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India’s FreshToHome raises $121 million to grow its meat and vegetable e-commerce platform

India’s FreshToHome raises 1 million to grow its meat and vegetable e-commerce platform FreshToHome, an Indian e-commerce startup that sells fresh vegetables, fish, chicken and other kinds of meat, has raised $121 million in a new financing round as the Bangalore-headquartered firm reports accelerated growth spurred by the coronavirus pandemic. The startup, which offers its […]

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LA Rams, Fanatics and Postmates coordinate on an on-demand pop-up

LA Rams, Fanatics and Postmates coordinate on an on-demand pop-up Postmates, now a division of Uber, is diving deeper into the world of on-demand retail and its partnership with the National Football League. The company, working alongside Fanatics and the Los Angeles Rams is launching a pop-up shop Monday for fans to buy gear directly through […]

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Robotic kitchen startup YPC raises a $1.8M seed round

Robotic kitchen startup YPC raises a .8M seed round Montreal-based YPC Technologies today announced that it has raised a $1.8 million seed round. Led by Hike Ventures and Real Ventures, the funding includes participation from Toyota AI Ventures and Uphill Capital, among others, designed to help the company pilot its kitchen robotics technology. Toyota’s funding […]

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Alibaba Group will spend $3.6 billion to take control of Chinese supermarket giant Sun Art

Alibaba Group will spend .6 billion to take control of Chinese supermarket giant Sun Art Alibaba Group said today it will spend about $3.6 billion to take a controlling stake in Sun Art, one of China’s largest big-box and supermarket chains. After the transaction is complete, Alibaba Group will own 72% of Sun Art. As […]

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The Otto Wilde Grill delivers the drama of delicious restaurant steak at home

The Otto Wilde Grill delivers the drama of delicious restaurant steak at home Like many folks this year, I have been cooking a lot. Though I’ve always loved food and have had a deep and abiding interest for the art of cooking, I’ve definitely pushed myself to learn how to do a lot of things […]

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4 sustainable industries where founders and VCs can see green by going green

4 sustainable industries where founders and VCs can see green by going green Now’s the time for sustainable investments to shine. There are billions of dollars in funding in both public and private markets dedicated to new sustainable investing and demand for consumers for a more conscious capitalism has never been stronger. As founders and […]

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A clean energy company now has a market cap rivaling ExxonMobil

A clean energy company now has a market cap rivaling ExxonMobil The news last week that NextEra Energy, a U.S. utility and renewable energy company, briefly overtook ExxonMobil and Saudi Aramco to become the world’s most valuable energy producer shows just how valuable sustainable businesses have become. It’s yet another proof point that there are […]

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