HowGood raises $4.2 million for sustainable retail ratings

HowGood has raised $4.2 million for sustainable retail ratings. The Brooklyn-based startup offers consumers a sustainability and responsibility guide for 200,000 food, drink, personal care items and home goods. HowGood’s data on environmental, health and trade impacts includes packaging chemicals and labor practices. A rating is available with a mobile barcode scan. The Series A round was led

Behavior change is hard when it comes to wasted food

“Clean your plate — people are starving” never did work all that well in getting kids to finish their dinner. And so the U.S. throws away $161 billion in food each year. The U.K. throws away $9 billion in food each year. Global food waste contributes to almost $1 trillion in economic losses annually. U.N. Sustainable Development

Investors find exits and returns in two “fake meat” ventures

The $4 billion plant-based alternative meat market is heating up, with two recent exits. Maple Leaf Foods in Canada bought a stake in Lightlife Foods from private equity firm Brynwood Partners for $140 million. And Korys, a food services investor affiliated with one of Belgium’s largest supermarket chains, bought a stake in Dutch alternative meat producer Ojah

Everytable tests variable pricing model for healthy food in Los Angeles

Everytable made a splash when it promised to charge less for the same nutritious meals in poor neighborhoods than in wealthier ones. Nine months after launching its first grab-and-go health food storefront in lower-income South Los Angeles, Everytable is opening three locations this month, in Baldwin Hills, downtown LA and Santa Monica. A central kitchen supplies

Yume raises $2 million to reduce food waste in Australia

Yume has raised $2 million to reduce food waste in Australia. Yume’s online portal, which sells “surplus food” by connecting suppliers to buyers, has transacted A$400,000 since launching last year. The startup’s A$2.6 million ($2 million) financing included Impact Generation Partners and the Vincent Fairfax, Myer and English family foundations. “Surplus food is not necessarily close

Blockchain startup raises $2.5 million to trace food supply

Arc-net, based in Northern Ireland, is using the technology behind bitcoin to tackle food fraud — part of what could become a $14 billion tech market by 2019. Arc-net’s founders say their approach was inspired by the UK’s 2013 “horsemeat scandal.” Arc-net uses DNA sampling to verify food sources (other ventures do the same), then uses blockchain to

Agtech deals were up but total funding fell in 2016

Farms are being “teched up” to make feeding the world (9.7 billion people by 2050!) more sustainable and profitable. The number of venture investments in agriculture technology, or agtech, was up 10 percent last year versus a 24 percent drop in global VC deal activity, according to AgFunder’s 2016 report. Total agtech funding, however, fell