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Food tech, short for food technology, refers to the application of technology to the production, distribution, and consumption of food. This encompasses a wide range of innovations such as online food delivery platforms, agricultural technology (AgTech), food processing technology, and the development of new food products using advanced techniques and ingredients. Food tech aims to enhance efficiency, sustainability, and overall experiences within the food industry.
Kbox Global, an operator assisting restaurants in maximizing their spare food production capacity, is teetering on the edge of insolvency, highlighting the increasing financial strain on the ‘dark kitchens’ sector. Established in 2019, Kbox Global has recently sought the expertise of insolvency specialists after a crucial funding round failed. Insiders […]
A unique culinary adventure awaits food enthusiasts in Durban. “Dark By Chef Floris” is a novel concept introduced by Chef Floris, a culinary maestro with a decade of experience under world-renowned chefs and a passion for global flavors. This “dark kitchen” concept focuses on delivering a gastronomic experience directly to […]
Lanch, a Berlin-based startup, is innovatively merging the worlds of food and influencers by partnering with creators to launch unique food delivery brands. The company recently secured $6.9 million in funding after successfully launching a pizza brand, “Happy Slice,” in collaboration with German YouTubers Knossi and Trymacs, which sold over […]
Supply chain software startup Flexport has decided to lay off approximately 20% of its global workforce. Flexport CEO Ryan Petersen communicated this decision to the staff, and the layoffs are expected to commence on Friday. The move comes as part of a series of changes within the company, especially since […]
Domino’s Pizza, on Thursday, revealed an unexpected decline in its quarterly same-store sales. However, the company remains optimistic about a resurgence in U.S. demand. They are banking on their revamped loyalty program and various promotional offers to counterbalance the diminishing benefits of their elevated menu prices. The news is “Domino’s […]