Food

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 C

With many restaurants forced to rely entirely on the delivery and takeout business during the pandemic, there’s been a lot of discussion about whether the industry can survive while paying heft

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 differen

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 repor

More robots are coming to White Castle . Expanding a partnership with Miso Robotics, roughly 10 new White Castle locations will be rolling out the Pasadena, California-based company’s robotic fr

In the first real test of the potentially transformative power of its food-preserving technology, Santa Barbara, California-based Apeel Sciences is bringing its innovative food treatment and supply ch

Bob Iger, the chairman and former chief executive at Walt Disney, is trading his mouse ears for milk substitutes as the new director of massively funded dairy replacement startup Perfect Day. Milk sub

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 Uph

Plenty‌ ‌Unlimited‌ has raised $140 million in new funding to build more vertical farms around the U.S. The new funding, which brings the company’s total cash haul to an abundant $500 mill

A cultured meat research program led by a Spanish biotech firm has been awarded a €2.7 million grant under the European Union’s Horizon 2020 R&D funding framework. The consortium project,

The Kroger Co., one of the biggest grocery chains in the Midwest, is dipping its toe into on-demand delivery and the ghost kitchen craze through a partnership with an Indianapolis-based startup, Clust

Delivery service DoorDash is giving employers a way to feed their remote employees through a new suite of products called DoorDash for Work. There are four main products, starting with DashPass for Wo

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 f

The news last week that U.S. utility and renewable energy company NextEra Energy briefly overtook ExxonMobil and Saudi Aramco to become the world’s most valuable energy producer shows just how v

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are en

Heura, a vegan-friendly alternative to chicken that’s been cooked up by a Barcelona-based startup, has launched its first products in the U.K. It’s working with local distributors The Vega

Motif FoodWorks, the Ginkgo Bioworks spinout focused on developing new plant-based flavorings and food ingredients, is readying commercial scale production of its first product — an ingredient t

Bykea, which leads the ride-hailing market in Pakistan, has raised $13 million in a new financing round as the four-year-old startup looks to deepen its penetration in the South Asian country and beco

After launching its first bottle in 2018, LARQ has drummed up a good deal of interest among consumers looking for ways to wean themselves off of plastic bottles. Last year alone, the Bay Area-based st

Green Monday Holdings, a manufacturer of plant-based pork substitute products and frozen meals and an operator of a chain of vegetarian-focused retail outlets and cafes, said it has raised $70 million