Wild Type— A Startup With The Mission To Feed The World with Lab-Grown Meat

Wild Type— A Startup With The Mission To Feed The World with Lab-Grown Meat

This company just raised $3.5 million in a seed round and is on a mission to solve world hunger through science.

It’s called Wild Type— inspired by a biology term meaning something exists naturally.

So, how will it find enough food to feed the growing masses, you may be wondering?

Well, first, let's get something straight. The company will not be “finding” food but growing it in a lab. More specifically, Wild Type will be working on engineering protein growth.

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Watch Foodable Shows on Most Downloaded App at Launch on AppleTV

Watch Foodable Shows on Most Downloaded App at Launch on AppleTV

This week, news about the Amazon Prime Video app becoming the most-downloaded app in the first week of its launch on Apple TV were announced.

After Apple and Amazon settled their differences earlier this year, Amazon began to sell the Apple TV on their retail website and Apple finally launched the Amazon Prime Video app in early December.

“TechCrunch” confirmed the news, which “was first reported by the site BestAppleTV.com.”

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Strategies To Know For E-commerce Retailers and Food Tech Entrepreneurs

 Strategies To Know For E-commerce Retailers and Food Tech Entrepreneurs

As food tech entrepreneurs stay vigilant on Amazon’s moves, success is achievable for those who capitalize on the logistics giant’s shortcomings.

At least that’s what Patricia Nakache, a general partner at Trinity Ventures, suggests in a “TechCrunch” article.

Trinity Ventures is an early stage venture capital firm. The company’s portfolio includes brand names like Starbucks, P.F. Changs’s and Jamba Juice.

“We’ve seen food trends come and go. Every so often we come across something more fundamental and lasting than a trend: a seismic shift. Starbucks’ visionary leader Howard Schultz helped create one such shift,” says Nakache referring to how the coffee company taught Americans to appreciate an elevated customer experience and better quality products.

Now, we are experiencing a different kind of seismic shift.

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Blue Apron Faces Layoffs After Lukewarm IPO

Blue Apron Faces Layoffs After Lukewarm IPO

On Wednesday, Blue Apron announced it will be implementing “a company-wide realignment of personnel to support its strategic priorities.”

Since going public in June of this year, Blue Apron has been hard at work fixing operational issues in order to grow subscriber numbers and also please investors’ expectations.

As Foodable reported in August, the first quarter report for Blue Apron revealed a surprising $238 million in revenue, a disappointing $31.6 million in losses, and a decline in subscribers (from 1 million to 938,000 customers) leading to a drop in shares.

Since then, the company has been forced to shrink its marketing budget, laid off 14 recruiters and launched a podcast in an effort to become more of a lifestyle brand around home cooking.

Now, the meal-kit competitor is faced to lay off approximately 6 percent of its staff across both corporate offices and fulfillment centers—  that figure will “probably amount to more than 250 layoffs” according to “TechCrunch.”

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AR Could Be the Next Frontier for the Restaurant Industry

AR Could Be the Next Frontier for the Restaurant Industry

These days it seems like every brand is dipping its toes into the world of Augmented Reality, or “AR” for short.

And, for good reason.

You are probably wondering why we are even talking about a technology that seems so disconnected with the restaurant and hospitality industry. Truth is the possibilities are endless when it comes to creating the illusion that virtual objects are part of our physical world as the technology slowly weaves itself into the thread that is our everyday lives.

Brands that recognize this and develop creative marketing campaigns around AR could really benefit when looking for a boost in exposure or even sales.

Most of us got our first taste of AR through Snapchat or Instagram’s face-scanning filters. Others experienced it through the Pokemon Go craze. Some restaurants were actually able to capitalize on the trend while it was hot, with some places seeing an 82 percent increase in weekly restaurant foot traffic and 63 percent increase in weekly sales if the business was located near a “Pokestop,” according to POS platform Revel systems.

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