Smart Kitchen Summit announces 12 startup finalists | Natural food, beverage product sales on the rise | Prebiotic food startup credits Mondelez accelerator for success
September 12, 2019
The Food Business School SmartBrief
News at the intersection of food, entrepreneurship and investment
The Business of Food
Smart Kitchen Summit announces 12 startup finalists
A dozen finalists have been chosen to participate at foodtech event Smart Kitchen Summit's Startup Showcase, to be held in Seattle Oct. 7 to 8. Among the startups are StixFresh, which makes a sticker that extends the shelf life of produce, and CocoTerra, the maker of a device that creates milk, dark or white chocolate in approximately two hours.
HFN (9/11) 
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Natural food, beverage product sales on the rise
Natural food, beverage product sales on the rise
Natural food and beverage product sales rose 5% to $47.2 billion during the year ending in May, according to a report from SPINS. Top natural products include eggs, shelf-stable beverages and frozen and refrigerated meats.
Grocery Dive (9/9) 
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Prebiotic food startup credits Mondelez accelerator for success
Uplift Food founder Kara Landau says the Mondelez SnackFutures accelerator played a vital role in developing Daily Uplifter, a prebiotic powder supplement that supports mental well-being. SnackFutures provides valuable access to consumer research, packaging and product development expertise, she says, which is also resulting in the release of Uplift Food's Gut Happy Cookies this month.
Forbes (9/10) 
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Ind. restaurant accelerator selects 4 culinary entrepreneurs
Four culinary entrepreneurs have been selected to participate in restaurant accelerator Fishers Kitchen in Fishers, Ind., which will feature their respective concepts when it opens this fall as an eatery at the Sun King Fishers Innovation Brewery at The Yard at Fishers District. Mayor Scott Fadness, one of the board members on the selection committee, said the accelerator was a first step toward making Fishers an entrepreneurial destination.
Inside Indiana Business (9/11) 
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Capital Gains
Strong Roots raises funding to grow frozen veggie brand
Strong Roots raises funding to grow frozen veggie brand
(Philippe Lopez/AFP/Getty Images)
UK-based Strong Roots has raised $18.3 million in a new funding round that it will use to continue expanding its line of plant-based frozen foods. The company's products including root vegetables, sweet potato fries and roasted beetroot wedges are sold at major UK grocery chains and eight of the products launched in the US recently at retailers including Wegmans, Whole Foods Market and Target.
VentureBeat (9/10) 
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SmartBrief Originals
When it comes to diets, healthy is in the eye of the beholder
Consumers increasingly define "healthy" in different ways, and 90% now say the concept of a personalized diet is a trend with staying power, according to Datassential. Some restaurant chains are catering to demand for build-your-own meals and menu items that fit with specialized diets, including Chipotle Mexican Grill, which launched a line of Lifestyle Bowls earlier this year.
SmartBrief/Food & Beverage (9/11) 
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Food Meets Tech
IoT sensors help grocers, restaurants reduce spoilage
Internet of things sensors inside shipping vehicles, storerooms, displays and refrigerators can help cut down on spoilage caused by temperature fluctuations, Marc Pegulu writes. Swiss supermarket chain Migos, for example, uses Axino sensors in its refrigerators, which monitor temperature in real time and can be programmed to adjust temperatures to prolong shelf life.
Food Safety Tech (9/10) 
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McDonald's to buy startup focused on AI drive-thru tech
McDonald's to buy startup focused on AI drive-thru tech
(Justin Sullivan/Getty Images)
McDonald's will acquire startup Apprente, which is working to use voice technology and artificial intelligence to improve speed and efficiency at the drive-thru. It's the third tech-focused deal for the chain this year, and the staff of Apprente will be the founders of a new group within McDonald's tech team called McD Tech Labs.
Restaurant Business online (9/10),  CNBC (9/10) 
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Innovation Roundup
Leading the Change
Startup backs 10 nonprofits fighting food waste
ReFED and +Acumen have launched a nonprofit startup known as the Nonprofit Food Recovery Accelerator that wants to take a tech-based approach to fighting food waste and hunger by investing in 10 nonprofits with similar goals. Two recipients, Plentiful and Replate, use digital tools to help people access food banks and pick up donations from businesses.
Fast Company online (9/4) 
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FBS News Feed
Broaden your career opportunities and enroll in FBS' online courses
Broaden your career opportunities and enroll in FBS' online courses
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Whether you're growing a food business or considering launching one, our five-week online courses will provide the skills you need to set yourself up for success. See what we have cooking below, plus save by bundling all three for $379 or per class for $149. Register today!

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The time is now - The CIA's Master's degree in Food Business!
The time is now - The CIA's Master's degree in Food Business!
(The Food Business School)
The CIA's Master of Professional Studies (MPS) in Food Business, offered through the college's Food Business School, is specifically designed to fit into your busy schedule. The groundbreaking program combines an online component with three brief residencies at the college, and offers extraordinary mentoring from leaders in food, investment, higher education, business, and product development. Choose to focus on the track that best fits your goals -- Restaurant/Foodservice or Food Production/Concept. Secure a new future for yourself, starting today! Accepting applications now for Fall 2020. Learn more here.
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