Lumachain has raised $19.5 million in Series A funding to accelerate the global rollout of its computer-vision based artificial intelligence (AI) platform for meat and food processing plants. The platform is designed to help solve the global meat industry’s challenges around plant operations, supply chain,...
Virtual restaurants have become a mainstay of the restaurant industry, but until now, given the novelty of the model, there has not been a central body to hold them accountable when it comes to issues of safety and of intellectual property. Now, to hold onto...
Meat and seafood brand Licious, based in Bengaluru, India, has raised $30 million in a Series E funding round led by Singapore-based Vertex Growth Fund, TechCrunch reported on Monday (Dec. 16). Also participating in the round were existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures...
Food is big business. Industry conglomerates like Kroger, Walmart and Amazon are driving innovation in the grocery space, embracing eCommerce and diving into the waters of supply chain and logistics innovation. Driving this shift is a wave of change in how consumers are buying food....
March 13, 2017
Technology is having an impact on nearly every industry, leaving practically no stone unturned. The food market is one of the latest to dip its toes in the tech arena. With the advent of 3D printing technology, it was just a matter of time before a company saw the opportunity to combine the two to develop a […]
April 26, 2023
GrubMarket has launched a payment platform designed for food wholesalers and distributors. The new GrubPay platform enables GrubMarket’s customers to directly accept and manage payments via ACH, credit card and other online methods, the company said in a Wednesday (April 26) press release. “With the addition of GrubPay, customers reduce errors, eliminate check fraud, and […]
August 25, 2022
Lumachain has raised $19.5 million in Series A funding to accelerate the global rollout of its computer-vision based artificial intelligence (AI) platform for meat and food processing plants. The platform...
December 16, 2019
Meat and seafood brand Licious, based in Bengaluru, India, has raised $30 million in a Series E funding round led by Singapore-based Vertex Growth Fund, TechCrunch reported on Monday (Dec. 16)....
October 31, 2017
DoorDash has decided to broaden its main consumer benefit — the ability to skip the restaurant dining room and have the food delivered directly — so that chefs can adopt...
