Season 1 · Episode 1
Food Tech Funding Drops in 1H 2024 - FTNS #1
Food tech funding down, Upside has layoffs, SharkNinja gets slushy, hello Chef, and let's read our brainwaves.
July 12, 202441m 31s
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Show Notes
Join hosts Michael Wolf and Carlos Rodela as they welcome Peter Bodenheimer, a longtime food tech investor and operator, to discuss the current state of food and ag tech funding. In this episode, they delve into:
- The decline in agrifoodtech investments in the first half of 2024, with startups raising $7 billion across 427 deals, a significant drop from H1 2023.
- Upside Foods’ recent layoffs and industry challenges due to legislative bans and decreased venture capital funding.
- SharkNinja’s latest innovation, the Ninja SLUSHi™ Professional Frozen Drink Maker, which brings commercial-grade slushies to home kitchens.
- Chef Robotics emerging from stealth mode to showcase its new robot and announce early customer partnerships.
- Thimus’ groundbreaking technology, the T-Box, which reads brainwaves to assess consumer reactions to food products.
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