NEW YORK, Oct. 6, 2020 /PRNewswire/ — Rabobank nowadays unveiled the 45 businesses selected to participate in FoodBytes! Pitch 2020, its global foodstuff and ag startup discovery application that allows entrepreneurs scale their influence by mentorship and connections to corporate leaders and traders. Since initially launching in 2015 as a pitch competitors, FoodBytes! has turn out to be a go-to network for food and agribusiness startups shaping the way we take in and produce foodstuff. FoodBytes! Pitch is section of the redesigned FoodBytes! innovation platform, which contributes remedies to foodstuff method worries by means of collaboration involving startups, substantial companies and traders.
For the 1st time, the FoodBytes! Pitch cohort capabilities 45 startups pioneering breakthrough systems and items — with 15 organizations in each and every of 3 sectors: purchaser food and beverage (CPG), foods tech, and agtech. The selected providers stood out from just about 340 purposes dependent on their modern solutions for a additional sustainable food stuff provide, together with upcycled merchandise to struggle squander, alternative proteins, and regenerative agriculture systems to reduce drinking water use and carbon emissions.
“We redesigned Rabobank’s FoodBytes! foodstuff and ag innovation system for 1 motive: to construct a powerful motor for ongoing collaboration and innovation in between food items and agribusiness players who want to feed the planet sustainably,” explained Anne Greven, Head of F&A Innovation, Rabobank. “We know we are unable to attain this purpose by yourself, which is why we have convened a collective of influential corporate and trader users who share our eyesight. Standing out from a world industry of applications, the 2020 FoodBytes! Pitch startups have established a new benchmark for BIPOC and gender illustration and high quality of innovation in the program’s 5 year background.”
The 2020 cohort is the most numerous but: 31% of the FoodBytes! Pitch 2020 startups are BIPOC-started or led, and woman-established or led companies make up 1-fifth of the Pitch class. The 45 chosen startups hail from a complete of 15 nations around the world, like the United States, Australia, Canada, United Kingdom, Argentina, Brazil, Chile, India, Israel, Nigeria, Norway, Peru, Singapore, South Korea and Switzerland.
The 45 FoodBytes! Pitch innovators and trends by sector are:
Buyer Food stuff & Beverage (CPG):
Foodstuff and beverage products and solutions created with upcycled substances are a best development between FoodBytes! 2020 CPG startups as meals squander reduction carries on to be a priority all through the pandemic. The FoodBytes! 2020 CPG startups are also revolutionary innovations which include edible spoons to minimize plastic squander, a distilled spirit created from upcycled whey byproduct, and plant-based cheese and egg products.
- Plant-Centered Protein & Dairy: Evo Food items, PleeseFoods
- Gluten-totally free Frozen Treats: COCINA 54
- Upcycled Meals: Agricycle International,I Am Grounded, Outcast Food items
- Upcycled Beverages:, Agua Bonita, Riff Chilly Brewed, Wheyward Spirit, Willa’s, Wize Espresso Leaf
- Wellness Beverages: H2OPS, Second, Wildwonder
- Plastic Reduction: Planeteer
Standout startups have produced systems for mobile-based meat manufacturing, purely natural coatings that increase deliver shelf existence, and sustainable, antimicrobial packaging built from crustacean shells to swap plastic. Foods basic safety systems, state-of-the-art nutrition solutions and on the web marketplaces also tackle relevant requires in the wake of COVID-19.
- Cultured Meat & Fermented Protein: CellulaREvolution, Upcoming Meat Systems, NovoNutrients
- Sophisticated Nutrition: Alchemy Foodtech, EnvaraHealth
- Create Shelf-Lifestyle Extension: Lightning Drinking water, PolyNatural
- Foods Protection & Traceability: Perception Labs, NanoGuard Technologies, ThisFish
- Sustainable Packaging: Carapac, Mi Terro
- Clean up Food stuff Colorant: michroma
- On the internet Marketplace for Sustainable Groceries: Superior Club
- B2B Marketplace for Suppliers: Fieldcraft
The chosen startups have created alternatives that tackle soil and water sustainability, farm performance and labor requirements. Their innovations contain technology that transforms air air pollution into fertilizer, animal feed that minimizes methane emissions, a technique of developing rice out of water and on-farm robotics to fight labor shortages and employee protection problems.
- Regenerative Farming to Lessen Drinking water Use: Deep Planet, Environmentally friendly and Seed, SWAN Programs
- Regenerative Farming to Increase Soil Wellbeing: AgriCORE, BPS Agriculture, Phospholutions
- On-Farm Robotics & AI: Agerris
- Precision Agriculture & Digitization: agryo, Farmforce, Area AG
- Animal Wellness & Greenhouse Gasoline Reduction: Locus Animal Nourishment, Mazen Animal Overall health, ProAgni
- Social Impact Farming: ColdHubs, Koa
Redesigned as an expanded digital knowledge this yr, FoodBytes! Pitch now presents much more than an market pitch slam. All 45 startups will take part in two months of virtual mentorship programming and one particular-on-just one conferences with corporate leaders and traders, in addition to pitching their answers to Rabobank and 17 FoodBytes! Pitch company and investor associates. Of this group, 15 finalists will be decided on to participate in FoodBytes!’ live-streamed pitch competition December 2 for a probability to get $10K and consultative prizes in every single of three types: CPG, foods tech and agtech.
As component of the redesign, Rabobank introduced corporate and investor membership to the FoodBytes! Pitch community to travel connections with startups, and provide perception into best innovations driving the market forward. FoodBytes! Pitch associates participated together with Rabobank in the startup variety approach and will be embedded in the mentorship programming and pitch judging.
FoodBytes! Pitch 2020 customers are influential world-wide foodstuff and ag organizations, buyers and provider providers, like Presenting Partner ADM corporate leaders Albaugh, Barilla’s Blu1877, Beta San Miguel, Dole, Fonterra, PepsiCo and Tate & Lyle traders BFG Companions, Continental Grain Firm, Germin8 Ventures and Rabobank Meals and Agri Innovation Fund and company vendors DLL Team, Holland & Hart, Morrison & Foerster, Propeller Industries and TIG Models.
Locate a lot more details on each and every of the 45 FoodBytes! Pitch 2020 startups here.
About Rabobank and F&A Innovation
Rabobank is a foremost world-wide food stuff and agriculture lender furnishing sector abilities, strategic counsel and customized money answers to clients throughout the full foodstuff worth chain. Rabobank’s F&A Innovation team supports the bank’s global mission of Escalating a Superior Environment Collectively – helping to change present day promising concepts into impactful remedies for a sustainable foodstuff supply. By the FoodBytes! food and agriculture innovation system, Rabobank is making a impressive motor for ongoing collaboration and innovation concerning foods and ag change brokers who want to feed the globe sustainably. FoodBytes! provides with each other startups, leading meals and ag providers and buyers by way of two complementary packages that push marketplace change: FoodBytes! Pitch and FoodBytes! Pilot. To learn far more, pay a visit to foodbytesworld.com or follow FoodBytes! on LinkedIn or Twitter.
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Resource FoodBytes! by Rabobank