We are having an Indian summer here in France for the 4th cohort of ToasterLAB. Our new batch of startups are taking stock with the help of their mentors and experts. And the sun is also shining on our previous cohorts who have given us great feedback on what they have achieved since their acceleration. To give them, and you, a bit of food for thought, here is our latest bulletin of FoodTech and AgTech web-based news.
Retail tech: traditional retail challenged by e-commerce players
Supermarkets and organic farming cooperatives have something in common: their distribution model is being disrupted by e-commerce players. Amazon and the newcomer, Aurore Market, have grasped that consumer purchasing expectations are changing and they appreciate the added flexibility of e-commerce. Other lunchtime food for thought: Sodebo innovates with its FREEGO connected vending machines.
- Aurore Market, the organic food merchant betting on accessibility (in French)
- Trader Joe’s v. Whole Foods: How the Amazon merger has affected these two grocery giants
- How Amazon is flattening prices in US grocery retail (in French)
- FREEGO, the new connected vending machine from Sodebo
AgTech: moving towards low-impact agriculture around the world
A retail giant is jumping into urban agriculture. City-based farms are clearly a hot topic at the moment with players from throughout the food value chain. Other news in AgTech – Africa is set to lead the race towards sustainable agriculture, “tailor-made” microbes to replace chemical fertilizers, and the French state promises to invest in the “post-glyphosate” future.
- Auchan plans 50 urban farms for its supermarkets (in French)
- Rooftop growing, urban agriculture and shared gardens: is Paris the new agricultural metropolis? (in French)
- Farmers can now buy designer microbes to replace fertilizer
- Africa Will Soon Lead the World in Sustainable Agriculture
- Agriculture: Macron promises a “start-up of the state,” post-glyphosate
Future food factories: traceability from the field to the supermarket
An international report is predicting huge growth from blockchain markets. Traceability is becoming more than ever a building block of food business. Sourcing of primary products, product life cycles, animal welfare… producers and retailers are investing strongly in the reorganisation of their supply chain.
- Report: Blockchain in Agriculture and Food Supply Will Be Worth $430 Million
- EggTrack, the tool for companies committing to cage-free eggs (in French)
- Europe’s largest retailer is teaming up with IBM for blockchain-based tech to track chickens, eggs, and tomatoes to protect against salmonella outbreaks
- Plant-Based Yogurt Lavva on Reinventing Supply Chains
- 2 advantages for food business to innovate in their supply chain (in French)
Advice to Food entrepreneurs and startups
The new cohort of ToasterLAB already has its first acceleration sessions under its belt. The time is now right to meet the mentors and experts that will offer them their valuable advice. Between two sessions, here are a few ideas for further reflection.
- Startup Success Strategies Part One: Four Steps To Achieving Product-Market Fit
- Money mistakes that start-up founders made and what you can learn from them
- Bucking the trend: How brands can grow in declining categories
- It’s not too early for your startup to think international
- Feedback: can an old dog learn new tricks?
Advice from mentors, sharing experiences with other startups: sign up below to get updates on our articles and the upcoming applications calls for ToasterLAB!
Our previous 'All About FoodTech' bulletins:
- All about FoodTech September 2018 bulletin
- All about FoodTech July 2018 bulletin
- All about FoodTech June 2018 bulletin
- All about FoodTech May 2018 bulletin
- All about FoodTech April 2018 bulletin
- All about FoodTech March 2018 bulletin
By Claire VO.
ToasterLAB Program Manager, Claire "VO" is in charge of our start-ups' post-acceleration as well as intrapreneurship. After 12 years with Vitagora, Claire's unparalleled knowledge of our network is put to good use while integrating our startups into the food business ecosystem! E-mail her at: firstname.lastname@example.org