Food and beverage startups are often credited with pushing the technology sector to new heights, and FoodNavigator reveals that food and beverage startups are no different.
From genetic modification to AI and waste reduction solutions, food and drink are at the heart of the innovations that are driving things forward.
Genetic modification has become more accessible
“At FlyBlast, we are doing genetic modification. Ten years ago it would have cost millions of dollars and required years of research. But now the technology has evolved and suppliers are ready to support it. ” said FlyBlast CEO. Johan Jacobs said this at the recent Future Food-Tech event in London.
However, Saari Rosenwald, CEO of Funki Foods, said that in order to develop a business that is more cost-effective, healthier and more accessible for various stakeholders, He said his focus is on reducing the amount of raw materials used.
“We are a cultured meat company, so technology is embedded in everything we do,” said Meatly CEO Owen Ensor. “We’re particularly focused on reducing media costs, the nutrients we provide to the cells. We’ve reduced that cost significantly over the past 18 months.”
Read more: Ask the experts – What F&B startups are getting wrong
Gerald Wynne, founder of New Food Finance, said the use of technology in this area doesn’t necessarily have to focus on food and drink development, but could help companies find investment and investors. He said there is.
“We provide investment data for the agricultural technology and food technology sectors,” he explained. “The way we use technology is through AI, which is centered around scraping websites, news websites, data websites, to collect all the data about a transaction and to We can provide transparency in your online data.”
Watch the video above to see how other food and beverage industries are using, improving, and developing technology to move their industries forward.