Published 5 years ago.
About a 8 minute read.
FoodBytes! — the global pitch competition/networking event by Rabobank, a premier global food and agribusiness bank, has announced the 20 food and ag startups that will get a chance to pitch their ideas at the inaugural FoodBytes! London in September.
The startups demonstrate product innovation and commercial viability, and all aim to enhance supply chain sustainability through pioneering new products and technologies. Precision agriculture, packaging and food waste, and supply chain transparency are dominant themes addressed by the finalists.
Through FoodBytes!, Rabobank scours the globe looking for the world’s most disruptive food and agriculture innovators. The platform offers an opportunity for selected entrepreneurs to showcase their innovations in front of investors, corporates and media, as well as receive mentorship from industry leaders.
“This is Rabobank’s first FoodBytes! event in London and we are blown away by the caliber of the presenting companies that are developing technologies and products to disrupt the food system,” Nick Fereday, Executive Director of Food & Consumer Trends at Rabobank and FoodBytes! London judge, said, “whether it is to improve the transparency of the supply chain or bring alternative proteins to the market.”
The highest-ranked startups based on specific criteria will have 3.5 minutes to pitch and the second highest ranked startups will have 1.5 minutes to pitch.
The startups will be vying for one of three awards – Judge’s Choice, People’s Choice and Highly Commended.
Meanwhile, an avocado energy bar, naturally sweetened peanut butter cups and cocktails, and ice cream made with fruit fly larvae were among the innovative food tech combinations created and presented by Food Product Development students from the Hebrew University of Jerusalem’s Robert H. Smith Faculty of Agriculture, Food and Environment in Rehovot, Israel.
The students presented their innovations at FoodTech Nation 2018 last month, which showcased future food products and hosted food tech researchers, professors, investors, entrepreneurs and academics.
Aptly named the "startup nation," Israel is one of the top countries in the world for innovation in food tech, currently boasting roughly 750 active food and agtech startups, according to a May report by the Israeli non-profit Start-Up Nation Central. In addition to Food Tech Nation, over 1,000 people gathered in May for FoodTechIL, a massive event showcasing startups pioneering agricultural, food and beverage solutions.
In a first for the Food Product Development course, students were asked to share their creations at the Food Tech conference. The students were split into five teams, assigned a food topic which needed to be developed into a physical product, and collaborated with local food companies and startups to come up with their formulations. Among the results …
Published Jul 31, 2018 5pm EDT / 2pm PDT / 10pm BST / 11pm CEST