BranchOut Food Enters the $300 Billion Industrial Food Ingredients Market

June 25, 2024 BranchOut Food

BranchOut Food Inc. announced that it will enter the industrial food ingredients market as part of its commercialization strategy. The global market for industrial food ingredients was valued at $335.32 billion in 2023, and is projected to reach approximately $511.33 billion by 2032, with a compound annual growth rate (CAGR) of 4.8 percent.

Plant-Based Meat Company Tender Closes $11 Million Series A, Launches Partnership with Clover

June 19, 2024 Tender Food

Tender Food Inc., a food technology startup based in Somerville, Massachusetts, has successfully closed over $11 million in Series A funding. Led by Rhapsody Venture Partners, with existing investors Lowercarbon Capital and Safar Partners and new investors Claridge Partners and Nor’easter Ventures, the additional funding will allow Tender to further its goal of revolutionizing the way we produce and consume meat.

Sodexo to Launch Thousands of Hot Food-Producing Robots Across Healthcare, Education, and Corporate Industries

April 29, 2024 Sodexo North America

In a visionary move aimed at redefining hot food robotic technology, Sodexo and ART have announced a partnership to deploy thousands of state-of-the-art hot food robotic kiosks across Sodexo-served facilities throughout the U.S. A culmination of Sodexo’s global leadership and ART’s progress in robotics and AI, this partnership will establish new benchmarks in the automated dining domain.