DoorDash to Lay Off 7% Of Their Employees
DoorDash has now announced that it will be firing about 7% of its staff, or 1,250 empolyees. The CEO of the company, explained this motion, saying that with the quickly growing business they hired very quickly, however, the company has now reached a state where if they continue along the same path, their operating expenses […]
Beyond Meat Stocks Have Dropped by 83% Over the Course of This Past Year
Beyond Meat has been at the forefront of the plant-based meat industry since the beginning of the COVID-19 pandemic. Beyond Meat along with the rest of the industry, surged with growth as many consumers tried the company’s vegan food. Click here to read this and more food industry headlines
FDA Approves Upside Food Cultured Chicken
The Food and Drug Administration (FDA) gave the first regulatory approval for any cultivated meat in the US this week. For this story and other food headlines this week, click here.
Ohio State University to Study Tomatoes’ Effects on Humans After Favorable Results in Pigs
Ohio State University did a study on pigs regarding the effects that a two-week diet heavy in tomatoes would do for the pigs. After this increased the diversity of gut microbes and altered the gut bacteria of the pigs in a positive manner, scientists have expressed their intention to study humans and the effect tomatoes can have on them
Food Innovation Funding Headlines
Temasek and 83North led a secured $100 million investment round in Trigo, an Israeli FoodTech company. The company which is focused on powering digitalized checkout in stores will be using the funds to retrofit grocery stores across US and Europe. It will use the funds to retrofit grocery stores across the US and Europe with its cashier-less checkout tech. Read more about funding headlines this week.
Beyond Meat Debuts Plant-Based Steak
Plant-based meat substitute producer Beyond Meat debuted its plant-based steak product called Beyond Steak on Monday. The product was launched in more than 5,000 Kroger and Walmart locations across the United States. Food Industry news this week summarized for you. Click here to read more.
Major Shake-Up At Beyond Meat As Shares Tumble
Major shake-up at Beyond Meat as shares tumble Fortune Plant-based meat substitute maker Beyond Meat is undergoing a major shake-up as it plans to cut up almost one-fifth of its global workforce. The layoff will include some top executives. The company faces an uphill task to keep the profits flowing as rising prices drive consumers […]
NextGen Foods Raises 51.2 Million To Scale Plant-Based Food Innovation
Next Gen Foods has raised a total of 51.2 million dollars, made a product called Tindle. Tindle is aimed toward chefs instead of directly to the consumers because they believe that the product can be used in a large variety of recipes.
Rutgers Scientist Develops Plant-based Antimicrobial Food Wrap -Headlines
New Study Links Sugary Drinks to Cancer – Weekly Headlines
Brilliant Female Scientists Leading Innovation In The Food Industry
In this article we highlight the work of a few of these women. If you are wondering what the future of food looks like, pay attention to the remarkable innovation happening in the food industry today. It is great to highlight women are leading the change.