The summer of 2017 has been a busy one for French foodtech and for AcceleRise! At the beginning of July, the new cohort of AcceleRise was selected (read the article here). And I joined the AcceleRise team as Startup Manager!
Even if business activity has slowed for the summer break, there has been little or no rest for FoodTech startups. And our news bulletin is all the richer for their industriousness. Take the time to get up to speed on FoodTech and food innovation news with our summer roundup.
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FoodTech News
Record startup investments, a sector that is attracting more and more funding, future stars picked out by support programs… but, on the other side of the coin, some dissenting opinions on the competitiveness of FoodTech startups in the face of large scale competitors such as Amazon. So, FoodTech: do these innovations have a future or is the FoodTech bubble ready to pop?
- Foodtech: 4 billion dollars invested since 2015 (French)
- Mega-Rounds Boost Funding In Restaurant Tech
- AcceleRise’s second cohort is selected
- The foodtech bubble is about to burst, according to consultant (French)
E-commerce and O2O
Are you starting to get the hang of FoodTech vocab? Well, sorry, there is a new expression for you to learn… O2O. It means “online to offline”, describing the transition of an exclusively online player towards brick and mortar. It is an increasingly visible trend in this sector, and will continue to impact FoodTech startups in the months to come.
- Moving Offline: How Brands That Succeed on Amazon are Moving onto Whole Foods Shelves
- Parcel drop boxes are renewing delivery options
- Trademarks show Amazon has sights on meal-kits, “single cow burgers” and other fast food options
- Amazon's bigger rival in India is bulking up
- Ireland brings in new rules on selling food online
Startup advice and best practices
Did you know that 14% of young entrepreneurs took no vacation time this summer (accordin to Maddyness)? Whether you are one of them or not, here is my selection of ‘advice’ to respond to your startup challenges.
- Startups and international development: the main risks (French)
- How to Prioritize Your Inbox (Infographic)
- Building your brand - 5 mistakes to avoid
- What popular start-up advice is plain wrong?
- Jeff Bezos: My Advice To Anyone Starting A Business (satire)
Go deeper
Each month we publish our “All about FoodTech” bulletin - news, best practices, experiences… Put your vision into practice and accelerate the development of your FoodTech or AgTech startup by applying to AcceleRise - Session #3 will open applications at the end of 2017. To stay up to date, you can also follow our news on Twitter, Facebook or LinkedIn. or sign up below for the newsletter.
Our previous 'All About FoodTech' bulletins:
- All about FoodTech June 2017 bulletin
- All About FoodTech: May 2017 bulletin
- All About FoodTech: April 2017 bulletin
- All About FoodTech: March 2017 bulletin
- All About FoodTech: February 2017 bulletin
- All About FoodTech: January 2017 bulletin
By Claire M.
AcceleRise’s Startup manager, Claire is an adept of the world of entrepreneurs, having spent the last 4 years within an incubator and innovation centre. Her mission is to provide daily support and coordination to AcceleRise’s startups, to lend them both practical support and a direct line to the necessary contacts and expertise to get their businesses off the ground. Contact Claire at claire.maugras@vitagora.com