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Blog 2 days ago

Attending a food and beverage trade show can be a turning point for your startup, offering a prime opportunity to showcase your innovations — whether food products or Foodtech solutions — and connect with key industry players.  But it’s important to remember that food fairs are more than just a sales opportunity—they’re about creating an experience. Attendees engage all their senses, tasting, seeing, and learning about your offerings in real time. This makes how you present yourself as crucial as what you’re showcasing.  Proper preparation is essential to avoid missing out on potential leads and partnerships.  Whether it’s your first food and beverage trade show or you’re looking to elevate your game, a solid strategy is key! Pre-Show: Preparation Is a Key Do your research Identify who’s attending, target the buyers and partners you want to engage, and understand how your products or technologies fit into the market. Be clear about the specific problems you solve for your target audience, so they can see the value in stopping by your booth. Reach out to previous startup exhibitors and ask for their tips and advice. Set a clear strategy and goals To help guide your strategy, consider these key questions: Before the event, define specific and measurable objectives to stay focused and track your success. Setting clear, quantifiable targets helps you evaluate your performance post-show and ensures you’re working toward concrete outcomes.  Examples of measurable goals include:  Promote in advance Don’t wait for the show to promote your presence. Share on social media, send invites, and include the event in your email marketing. Tag the organizers to increase visibility. Example from startup The Crushi who promoted their presence at SIAL and Horecava on Linkedin : Prepare your booth Design a visually appealing display. People eat with their eyes first, so make sure your booth is neat and showcases your products beautifully. Consider showing raw ingredients and clear packaging to attract visitors. Example with S’Noods at Summer Fancy Food Show 2024: Get your materials ready Ensure you have all necessary materials: business cards, brochures, and promotional items. A landing page with a QR code to access product info can be a cost-effective alternative to printed materials. However, at food trade shows, many still prefer business cards and printed materials, so keep that in mind. Staff training Train your team to handle objections and maintain a positive attitude throughout the event. They should be prepared to highlight your unique selling points and engage effectively with attendees. During The Show: Make a Strong Impact Stay positive and engaging  If you receive negative feedback, don’t take it personally. Keep smiling and stay approachable, even when you’re tired — positive energy is contagious. Expect crowds Trade shows are busy, so prepare for a constant flow of visitors. Stand, don’t sit, and be ready to engage potential leads as they walk by. Make it a feast for the senses Engage attendees visually and with tastings, if possible. Keep your booth clean and products well-presented. Hands-on demos can capture attention effectively. Safety first Since attendees may not be familiar with your company and could be cautious about food products from startups, it’s crucial to demonstrate safety. Using utensils and providing pre-portioned samples will help ensure hygiene and build trust with potential customers. Be interactive and creative Even though it’s a business food and beverage trade show, people are here to enjoy themselves too! Food is fun, so tap into that by adding interactive elements like demos, tastings, or contests. Engaging visitors with a memorable experience will not only capture attention but also make your booth stand out from the rest. Le Magicien Bio at SIAL Paris 2022 featured costumed performers in magician attire, captivating magic tricks, and enchanting decorations: 📸: Le Magicien Bio Partner with other startups Network with complementary exhibitors and share leads to expand your potential client base and foster future partnerships. Track your leads  Ensure you capture contact details of interested buyers—business cards, notebooks, or lead capture tools. Don’t miss any follow-up opportunities. Post-Show: Follow Through To Maximize ROI Prompt follow-up Reach out to leads within a week. Your first email should thank them, offer further engagement opportunities, and extend any special offers. Focus on building the relationship, not hard-selling. Evaluate your success Review your performance against the goals you set. How many leads did you generate? What feedback did you receive? Use this to improve your approach for future shows. Keep the momentum going  Share a recap of your trade show experience on social media, thanking everyone who visited your booth. Stay active in engaging potential clients and partners from the event.

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Blog 3 days ago

So, you’ve built something remarkable, your startup is buzzing, and you’re thinking: “It’s time for the world to know about this!” Engaging in public relations (PR) may seem like the next logical step. But before you pop the champagne and start drafting press releases, take a step back. Is PR the right move for your startup right now? Like all good things, timing and intention are everything. The “why” and “when” of PR are two sides of the same coin, making it essential to explore both together. Whether PR will be a game-changer for your startup—or a frustrating drain on resources—depends on understanding your motivations and timing. Let’s break it down! Why PR? The Benefits for Startups Storytelling, Image, and Trust. At its core, PR is about storytelling. You’ve developed something incredible, but it’s not enough for your team to know that—you need your target audience, investors, and the media to know it, too. A well-executed PR strategy builds trust, enhances your brand’s image, and amplifies your message. It shapes how your company is perceived at every customer journey stage. Good PR also boosts brand awareness. You enter public consciousness by sharing your story through media coverage, speaking engagements, and podcasts. It’s not just about people knowing your name; it’s about them understanding why they should care. Building Relationships with Key Stakeholders PR isn’t just about communicating with customers; it’s about establishing relationships with essential stakeholders, including financial regulators, government bodies, and potential partners. Strategic PR positions your startup as a trustworthy and credible player in the market, opening doors to partnerships, hiring opportunities, and other valuable relationships. Attracting Top Talent While a competitive paycheck is attractive, today’s top talent seeks more than just financial compensation. PR can help establish your startup as an exciting workplace. A positive media presence builds a reputation that attracts the best minds in the industry. Fundraising Opportunities Venture capitalists (VCs) love a compelling story. Can you blame them? PR can generate buzz, craft a narrative around your startup, and help position you as the next big thing. While money talks, media attention speaks volumes—investors are looking for market opportunities and innovative founders capable of scaling their businesses. Understanding Newsworthiness It’s crucial to recognize what makes a story appealing to the media. Newsworthiness hinges on relevance, timeliness, and impact. Journalists seek stories that capture their audience’s attention. If your startup solves a real problem, disrupts an industry, or raises significant funding, you’ve got newsworthiness. Conversely, if your startup is still in the idea phase with little to showcase, PR might not be effective yet. Here’s a quick breakdown of newsworthy stories that journalists typically cover for startups: Startups that can share compelling stories, statistics, and case studies have a better chance of getting media attention. Why Not to Start PR (Yet) It may seem controversial for a PR agency founder to share the downsides of early-stage PR, but we want the work to be effective. Sometimes, it’s simply too soon! Jumping into PR prematurely can backfire. If you’re pursuing PR solely for vanity—trying to get press coverage without a substantial story—you’ll quickly deplete resources with minimal return. Consider your customer journey: what role could PR play in optimizing your funnel? If you successfully acquire customers through performance marketing and have limited resources, it may be wiser to continue focusing on ads. When Should You Start Doing PR? PR isn’t a magic switch you flip on whenever you feel like it. Timing is crucial, and knowing when PR will deliver value for your startup is essential. Here are key questions to consider: When Is Your Startup Newsworthy? The answer is straightforward: the bigger and more successful you are, the more newsworthy you become. However, you can maximize your current newsworthiness at any stage. Is NOT Doing PR Costing You? You might miss opportunities if your startup is scaling but not engaging in PR. Every unreported newsworthy event means potential customers, investors, or partners miss out on exposure and trust and may turn to competitors instead. Determine when neglecting PR becomes an opportunity cost. Is trust vital in your customer acquisition, hiring, or fundraising efforts? Does Your Team Have the Bandwidth? PR isn’t just something you outsource and forget about. It requires input from your team, whether reviewing press releases or providing insights for thought leadership pieces. Ideally, the intellectual overseer of PR should be a founder, preferably the CEO. If you’re too busy building your product or seeking your next round of funding, and no one else can provide strategic input, it may not be the right time for PR. Budget and Timing Considerations PR is an investment that requires proper budgeting. Ask yourself: do you have the resources to commit to PR long-term? PR is most effective when consistent; sporadic media attention rarely yields sustained results. If your marketing budget is tight, consider prioritizing other areas, such as sales or product development. However, a well-timed funding announcement or significant news can lay the groundwork for future PR efforts. When Not to Do PR PR won’t be effective if you have nothing to say. If you’re too early in your journey, too busy to participate, or not newsworthy yet. You can always return to PR when you have compelling stories to share. Understanding what is newsworthy and what isn’t is crucial, so ensure you study this aspect thoroughly. Let’s Wrap This Up! PR can be a powerful tool for startups—but only when executed at the right time and for the right reasons. When your startup is ready—with news to share, a story to tell, and the capacity to support a PR campaign—PR can help propel you to new heights. With a little self-awareness and the right timing, PR can be the catalyst that takes your startup from unknown to unforgettable!

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France 3 days ago

As digital assets become essential for seamless customer experiences, POWER.xyz leads in helping retailers optimize 3D asset management. Co-founded by Clément Foucher in 2022, the company operates from Vierzon, Paris, and Hong Kong. Their team of 20 altogether includes five 3D designers and twelve developers. Their SaaS platform scales digital asset production, enhances customer experiences, and boosts efficiency across industries. Comprehensive 3D Asset Management POWER.xyz offers an all-in-one platform for managing digital assets like 3D models, digital collectibles, and gaming content. It basically helps retailers integrate 3D technology for real-time web experiences, AI-driven content creation, and photorealistic rendering. Foucher emphasizes, “Our solution is a one-stop shop for managing 3D assets, from production to real-time experiences, and AI-generated lifestyle content.” Generally this seamless approach allows brands to scale 3D content creation without the usual technical challenges, giving them a competitive edge. High-Profile Clients and Effective Acquisition Strategy POWER.xyz’s impressive client list includes luxury and retail giants like LVMH, Stellantis, Maje, Renault, Michelin, and Vanessa Bruno. The company has effectively leveraged business fairs and word-of-mouth marketing as primary components of its customer acquisition strategy. “We’re attending business fairs globally, and word-of-mouth has been highly effective,” Foucher explains. He underscores how these tactics have positioned POWER.xyz as a trusted partner for high-end brands. Strong Financial Growth and Profitability POWER.xyz has experienced remarkable financial success. The company’s fundraising journey was notably smooth, with Foucher sharing that they signed €500,000+ worth of deals within a few months. In 2022, they successfully raised €3.5 million, driven by strong commercial traction. Foucher confidently projects, “We will be profitable by the end of this year,” which is a significant achievement given that only 15% of SaaS companies indeed reach profitability in their early years. With potential plans for another fundraising round in 2024, POWER.xyz is on a promising path of sustained growth. Customer Success and Data Security Customer satisfaction is obviously at the heart of POWER.xyz’s operations, backed by a dedicated Customer Success Management (CSM) team that ensures smooth project launches and ongoing client support. This commitment helps maintain low churn rates, which is essential in the competitive SaaS landscape. Additionally, data security and GDPR compliance are top priorities, with a specialized team dedicated to protecting customer data. Ambitious Growth Plans Looking ahead, POWER.xyz is focused on scaling its operations while serving over 25 prominent clients across luxury, retail, and industrial sectors. They have structured their pricing model to ensure profitability while delivering substantial client value. With an eye toward the future, the company certainly aims to become the go-to solution for 3D asset management in the luxury and retail spaces, continuing to enhance digital customer experiences worldwide.

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FoodTech 4 days ago

Lebanon-based International Factory for Food and Beverages (IFFB) is reshaping the beverage industry by offering premium co-packing services for energy drinks, soft drinks, and alcoholic beverages. Founded in 2021, IFFB has rapidly become a key regional player, focusing on high-quality production, innovation, and operational efficiency. Led by Peter Abi Ramia and Mikel Abi Ramia, the company produces 24,000 cans per hour. “We saw a global shortage of carbonated beverages in cans and recognized an opportunity,” Peter noted. “Our vision is to provide flexible co-packing solutions with shorter lead times to meet market demands.” This proactive strategy is fueling IFFB’s swift growth. The Significance Behind the IFFB Name International Factory for Food and Beverages (IFFB) reflects the company’s ambitions. Peter explained, “The name embodies our core beverage production business and our future expansion into food, targeting international markets.”With aspirations to break into European and African markets, IFFB aims to become a dominant player in the beverage industry, all while diversifying its product portfolio. Meeting Market Needs with Innovative Expertise IFFB’s product lineup spans energy drinks, RTD vodka mixes, non-alcoholic beers, carbonated beverages, and iced teas. Their cutting-edge facilities ensure that every batch meets the highest standards, offering consumers great taste and functionality.”Our target audience includes anyone who enjoys carbonated beverages,” Peter noted. “What differentiates us is our adaptability. We quickly respond to market demands, and our shorter lead times provide a competitive edge.”Their adaptability is proving successful. IFFB’s monthly sales continue to increase, “We haven’t lost a single customer,” added Mikel. “Our commitment to quality and efficiency keeps clients returning.” Overcoming Scaling Challenges IFFB’s rapid expansion does not come without challenges. “Scaling a co-packing company requires careful coordination, especially in managing raw materials and ensuring that production maintains high standards,” Peter admitted. One of their key obstacles is maintaining operational efficiency during rapid growth. To meet these demands, they are heavily investing in technology and refining processes. “We’re continuously innovating, from product development to production operations,” Mikel emphasized. This constant innovation helps them stay competitive in a fast-evolving market. Expanding Through SIAL Startup Village A major part of IFFB’s growth strategy includes participation in SIAL Startup Village, a prominent event for food and beverage startups. Peter shared, “We want to expand into the EU and Africa, and SIAL offers valuable exposure to potential clients and partners.” Through this platform, IFFB hopes to secure new sales leads and build connections that will help drive international expansion. The Outsourcing Trend in Beverage Production With beverage production becoming increasingly complex, outsourcing to specialized co-packers like IFFB has become increasingly popular. The global co-packing market is projected to grow at a CAGR of 8.3% from 2021 to 2026, driven by companies seeking to lower production costs and enhance efficiency. Co-packing companies leverage this trend by providing flexible solutions that help businesses reduce expenses while upholding high-quality standards. Their adherence to international safety certifications, including FSSC 22000, Halal, ISO 22000, and HACCP, further strengthen their position as trusted co-packing partners. Future Outlook Looking ahead, IFFB is focused on expanding its customer base and product offerings while remaining committed to quality and innovation. Peter said, “Our vision is to continuously grow and offer new, exciting products for local and international markets while maintaining our commitment to excellence in taste and operational efficiency.”With its advanced facilities, skilled team, and ambition to lead in beverage co-packing, IFFB is poised to become a global leader in the industry.

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FoodTech 4 days ago

Retail Robotics Solutions (RRS) is advancing rapidly with its innovative AI technology in corporate catering and self-service restaurants. Founded in 2022, the company quickly became a leader in integrating computer vision and Robot-Cashier systems. We caught up with CEO Dmitri Rodin and Head of Customer Satisfaction Ilya Zelikin to dive into their work, ambitious plans for the future, and how outsourcing plays a key role in scaling the business. A Visionary Beginning Dimitri Rodin, with over 20 years of executive experience, co-founded RRS after meeting with an angel investor and a computer scientist. Their talks on computer vision and Robot-Cashier technology sparked an idea: “To revolutionize the way people experience dining in cafeterias and self-service restaurants by making it as easy as taking a selfie.” This principle has guided RRS’s journey. The Technology Behind the Innovation RRS employs advanced equally AI and Robot-Cashier solutions to streamline food service, reduce queues, lower costs, and enhance customer satisfaction. Rodin highlights their edge in brief: “We’ve become the global leader in recognition accuracy for freshly-made food.” Furthermore he adds that their technology excels at identifying overlapping food items, a challenge for many competitors. Zelikin explains, “With three successful pilots and a €2.4 million contract, we’ve proven our solution delivers results from day one.” This success shows strong demand and sets the stage for future growth. Targeting the Corporate Catering Sector RRS primarily focuses on large corporations in the corporate catering sector, including major players such as Elior, Sodexo, and Compass Group. Additionally, their expertise allows them to cater specifically to the needs of these industry leaders. Their in-depth understanding of client needs helps them to implement solutions seamlessly, including integrating Robot-Cashier systems, without disrupting existing workflows. Zelikin also highlights, “After two years of negotiations with target clients, we know how to implement our solution effectively.” Scaling Operations and Outsourcing As RRS expands its presence across Europe and prepares to enter the U.S. market, outsourcing plays a vital role in its strategy. Industry statistics indicate that 59% of companies generally utilize outsourcing to improve operational efficiency. The company plans to partner with software and hardware companies, including also those in Robot-Cashier tech, to drive growth. Dimitri highlights its strong track record with top stakeholders. Its diverse team from 11 countries helps it navigate complex markets and build key partnerships. Future Goals and Ambitions For 2024, RRS aims emphatically to boost revenue and expand AI-based terminals and Robot-Cashier systems with Pingo Doce in Portugal. Rodin also adds, “Our goal in the U.S. is to start Proof of Concepts with key players in self-service restaurants and corporate catering.” With a U.S. office opening in fall 2024, RRS is certainly ready to impact the FoodTech industry. They aim to be recognized at SIAL Startup Village, considering it a crucial opportunity to attract investors and industry leaders. The Drive for Change What motivates Rodin and Zelikin? Rodin reveals, “I wake up every morning with a clear understanding that we are changing the business practices of the entire global food service industry.” This conviction fuels their ambition to radically enhance customer satisfaction, saving office managers valuable time that would otherwise be spent in lines.

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Podcast 4 days ago

Matt C Smith, a former venture capitalist and exited entrepreneur, discusses his unconventional journey from venture capital to founding a startup and now pursuing his dream of representing South Africa in cross-country skiing at the Winter Olympics. Through humor, resilience, and a passion for storytelling, Matt reveals valuable insights for founders and innovators navigating their own entrepreneurial paths.

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FoodTech 1 week ago

As the world looks for sustainable alternatives to conventional protein sources, startups like Planetary, based in Switzerland, are paving the way for a greener and healthier food system. Founded in 2022 by Marison Ian and David Brandes, the company is a venture-backed food tech company that aims to power the economy by building industrial-scale infrastructure globally. Their core innovation lies in precision fermentation, and they’re set to make a significant mark on the global protein supply with their versatile mycoprotein product.”We’re building the bioeconomy together,” reads Planetary’s tagline. This vision aligns with the growing demand for sustainable, plant-based, and microbial proteins in a world that is grappling with the challenges of climate change and resource scarcity. Precision Fermentation: Scaling for Global Impact Planetary’s focus on precision fermentation is no accident. This method allows for the production of high-quality proteins without the environmental downsides of traditional animal agriculture. According to a recent study by the Good Food Institute, precision fermentation can reduce land use by up to 99% and greenhouse gas emissions by up to 87% compared to conventional meat production.”Our goal is to provide food producers with a sustainable, healthy, and versatile ingredient in the form of mycoprotein,” said one of the co-founders during the interview. The company is already building its first facility in Switzerland, set to begin operations at the end of 2024. This facility will serve as a cornerstone in Planetary’s mission to contribute to diversifying the global protein supply. A Team of Experts Driving Innovation Planetary’s small but highly specialized team of 10 employees works in Switzerland and remotely, bringing together expertise in bioprocessing, engineering, product development, and business. Their multidisciplinary approach has helped the company scale rapidly despite being in the early stages of development.”We’ve built a team of experts in bioprocessing, engineering, product development, and business to create a winning combination,” the team shared. This focus on building a strong internal foundation is key to ensuring they meet their ambitious goals in the coming years. The Growing Bioeconomy: Opportunities and Challenges As a participant in SIAL Startup Village, Planetary aims to connect with industry leaders and generate new customer leads. “We’re looking to establish strong connections within the industry and secure new customers,” the commercial director, Eleanor McSweeney, said. They also hope to lead in building the bioeconomy, which the OECD predicts could reach a global market size of $2 trillion by 2030. However, like any ambitious startup, Planetary faces its own challenges. “What keeps us awake at night is the rapid scaling required to meet market demand while maintaining high quality and sustainability standards,” admitted the team. But they remain driven by the potential impact they can make. “The idea of building a better, more sustainable food system is what gets us up every morning,” they added. The Road Ahead for Planetary Looking forward to 2024, Planetary’s primary goal is to get its first factory up and running. The company plans to expand its team, particularly as it scales its operations and production capacity. “We’ll likely be hiring at the end of this year to support our growth,” McSweeney noted. Their entry into the food-tech space comes at a pivotal moment when consumer demand for alternative proteins is at an all-time high. According to Euromonitor data, the global plant-based protein market is expected to grow at a 9.7% CAGR from 2021 to 2028. With such promising market trends and a clear roadmap, Planetary is well-positioned to make a lasting impact on both the food industry and the environment.” We believe that precision fermentation can revolutionize food production,” one of the co-founders emphasized. “And we’re excited to be part of that transformation.”

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FoodTech 1 week ago

Founded in 2020 by Alexandre Thebaud, Emile Maine, and Alexis Karkour, based in Grasse, Côte d’Azur, JANE is a French startup making waves in the beverage industry with its innovative approach to natural, functional drinks. With just two dedicated employees and a clear vision, the company is quickly carving out its niche in a competitive market, offering consumers a taste of well-being through its unique product line. A Name Rooted in Elegance and Innovation When asked about the origin of the company’s name, JANE’s founders shared an interesting story. “JANE is an elegant contraction of Mary Jane. Initially, we launched our first drink, a CBD iced tea, hence the reference to the plant,” they explained. This reflects their mission to create drinks that not only taste good but also promote wellness, something their flagship product embodied from the start. A Holistic Approach to Well-Being Its focus on holistic well-being sets JANE apart from its competitors. The company has partnered with Robertet, the world leader in natural flavoring, to develop drinks that cater to consumers’ daily needs. “We wanted to prove that a drink could be healthy, accessible, and very interesting in taste,” said Thebaud. This philosophy resonates with the brand’s primary audience—women aged 35-55—increasingly seeking healthier, more functional beverage options. Navigating a Competitive Market The functional and wellness beverage market is highly competitive, and recent Emulent reports estimate it will reach $208.13 billion by 2025. To differentiate itself, JANE uses unique flavors and sleek, modern designs. “Our goal is to expand into more points of sale with our innovative approach,” said Thebaud. The company is already gaining traction with just two employees, securing space in hundreds of supermarkets and restaurants. “We are listed in several hundred outlets,” they proudly shared, showcasing their growth potential. Building on Early Success with Strategic Partnerships JANE’s partnership with Robertet has been pivotal, helping the startup create standout functional drinks. “Thanks to Robertet, we’ve merged functional ingredients with innovative recipes,” Thebaud said. The company also sees value in networking at events like SIAL Startup Village, a prime platform for showcasing its products to investors and partners. “We applied to SIAL to promote our brand and develop partnerships. We hope to meet new partners, customers, and possibly investors,” Thebaud added. The Road Ahead With a strong foundation built on quality and innovation, JANE has big plans for the future. While the majority of its revenue currently comes from B2B and retail, the company is looking to expand its footprint and develop new products that continue to blend health with flavor. The global trend towards wellness is on their side, as more consumers prioritize functional foods and beverages daily.

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Agritech 1 week ago

Transparency and traceability have become critical in the complex world of agri-food supply chains. Connecting Food, a French startup founded in 2016, aims to address these challenges by offering a blockchain-powered SaaS platform that centralizes and simplifies data collection, providing real-time visibility and compliance for food suppliers and manufacturers. With its innovative solution, Connecting Food has attracted key players across the industry. It helps them ensure product compliance with European and U.S. regulations while improving accuracy and security throughout their supply chain. From Mars and Nestlé to Blockchain Innovation The idea behind Connecting Food came from the hands-on experience of its Co-Founders, Maxine Roper and Stefano Volpi. Both have worked for over 20 years at top-tier food companies like Mars, Nestlé, Danone, and Avril. “At Mars and Nestlé, we saw firsthand the challenges of connecting supply chain data to meet legal and quality standards,” said Roper. This led them to leave their C-level roles and launch Connecting Food to revolutionize data management in the agri-food sector. Why “Connecting Food”? The startup’s name, “Connecting Food,” perfectly embodies its mission. According to the Co-Founders, the company “connects the dots” between the many actors in the agriculture and food industries. By doing so, the platform increases visibility and transparency, allowing businesses to track products from farm to fork.”We bring greater visibility into supply chains by connecting all industry actors that source from agriculture. Our platform ensures compliance with both European and U.S. regulations while increasing accuracy and security,” explained Volpi. A Strong Team with Diverse Expertise Connecting Food’s team is its greatest asset. It combines Tech expertise with deep industry knowledge. Based in Paris, the team works from the heart of one of Europe’s leading hubs for innovation.”Our team brings together technology, data, and industry experience. From ex-Deezer engineers to experts in food safety testing from Eurofins, we’ve built a unique blend of talent,” said Volpi. The team also includes professionals from Carrefour, BCG, and Bearing Point, adding depth to its sales, customer success, and data management operations. Targeting the Entire Agri-Food Ecosystem Connecting Food works with various clients at every stage of the agri-food supply chain, including retailers like Migros, branded manufacturers like Barilla and General Mills, and farming groups like Axereal.“Our platform enables clients to gain visibility, precision, and compliance in their supply chain operations,” Roper explained. With increasing demand for more transparency and compliance, especially in the face of a growing regulatory landscape, The company’s value proposition continues to grow. Standing Out from the Competition In the competitive landscape of supply chain management platforms, Connecting Food distinguishes itself through its unique focus on agrifood. While competitors offer similar services, they excel in centralizing cost-efficient, comprehensive data for supplier assessment and product monitoring. “Our expertise in agri-food and precise data management set us apart in ensuring transparency and traceability,” said Volpi. This unique capability allows the company to better serve its clients’ needs while maintaining cost-efficiency. Revenue Model and Traction Connecting Food generates revenue through a subscription-based model. It offers various modules for data management, digital auditing, and product monitoring, allowing clients to select the services they need to improve their supply chain operations. The company has gained traction by securing contracts with major retailers, manufacturers, and farming groups, highlighting its growing influence in the agri-food industry. Looking Ahead: Goals for 2024 After raising an €11 million Series A and receiving financing from the European Commission, Connecting Food is preparing for a significant growth phase. The company aims to raise equity by the end of 2024 to enhance its technology and expand services. “Our goal for 2024 is to scale our platform and explore new growth opportunities in the agri-food sector,” said Roper, as the team focuses on expanding its client base and meeting the rising demand for transparency and compliance in supply chains. Why SIAL Startup Village? Participating in SIAL Startup Village offers Connecting Food a valuable opportunity to network and showcase innovations to key agri-food decision-makers while engaging with current clients and strengthening its market position. “SIAL is one of the most important trade shows for food and beverage.” It offers us the chance to meet key decision-makers and showcase the latest innovations in supply chain management,” said Volpi.

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Impact 2 weeks ago

This episode explores how Playfinity, led by CEO Pippa Boothman, is revolutionizing physical activity for kids by integrating sports with digital experiences. The company uses gamification and digitized sports equipment to promote active play, aiming to combat youth inactivity and its associated health risks.

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FoodTech 2 weeks ago

Founded in 2019 by Birgit Dekkers and Willem Spigt, Rival Foods is making waves in the food tech industry from its base in Amersfoort, The Netherlands. With a dedicated team of 18 employees, this startup aims to transform the market for plant-based meat alternatives. It offers diverse products, including chicken fillets and pulled chicken. Additionally, it is innovating with new options like tuna steaks and beef chunks. The Technology Behind the Taste At the heart of Rival Foods’ success is their patented “Shear Cell Technology,” developed in collaboration with Wageningen University. This unique approach replicates the fibrous texture of real meat, altogether ensuring an exceptional bite and consistency without additives. CCO Willem Spigt states, “Our innovations rival the conventional meat industry. We aim to provide high-quality plant-based substitutes that stand out in texture, taste, and ingredients.” Clean Ingredients for a Sustainable Future Rival Foods follows a clean-label philosophy, using basically just seven natural ingredients: water, textured plant protein (wheat gluten, soy, pea), natural flavors, salt, herbs, and spices. This commitment certainly boosts their nutritional value and meets rising consumer demand for transparency in food production. According to recent statistics, experts predict the plant-based meat market will reach $74.2 billion by 2027, with increasing consumer awareness of health and environmental issues. Rival Foods has strategically positioned itself to capitalize on this trend, especially in the B2B food service sector. Addressing Industry Gaps Spigt elaborates on the motivation behind their product development, stating, “The food service industry lacks qualitative meat alternatives that restaurants can place on their menus.” To address this, the founders aimed to create a B2B company that delivers high-quality plant-based substitutes with minimal clean-label ingredients. Rival Foods targets the food service industry, including restaurants, hotels, and catering companies. They aim to integrate innovative products into menus while reducing emissions and addressing climate change. Competing with the Best While Rival Foods faces competition from established players, they believe their unique approach sets them apart. “In the whole-cut segment, we produce and sell by far the highest quality on the market,” notes Spigt. Their focus on authentic texture and minimal ingredient lists generally positions them as a formidable contender in the plant-based space. Looking Ahead: Participation in SIAL Startup Invest Rival Foods has recently launched its products and is already seeing traction with listings in several countries. They are eager to showcase their innovations at the SIAL Startup Village event, one of the world’s most important food fairs. “We have high expectations for this trade fair in Paris this year,” Spigt shares, highlighting the opportunity to connect with potential clients from diverse customer groups within the food service industry. *Cover photo source

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