FOCUS ON FOOD TECH

What's the link between tech giant?Yahoo?and meat alternative manufacturer?Beyond Meat?

Yahoo's IPO in April 1996 vs. Beyond Meat's IPO in May 2019, despite existing in different industries over 20 years apart, sparked next-to-identical performances on the stock market and signalled the start of a new,?#technological?era for the respective sectors.

“When [Yahoo] launched to market, they opened the internet era. For us, the IPO of Beyond Meat signalled the beginning on the?#foodtech?#investment?era,” said?José Luis Caba?ero, CEO and co-founder of?Eatable Adventures.

And since then, foodtech investment has skyrocketed! #Technology?is driving a ‘second domestication’ in the food industry, revolutionising traditional processes, such as?#fermentation, at a microscopic level.

Not only is this paving the way for new and exciting food breakthroughs, but is also creating huge opportunities in the realm of?#sustainability?... everyone's favourite topic!

Developments such as gene editing and precision fermentation could transform the end-to-end value chain to produce increased amounts of food, with fewer resources and a decreased environmental impact.

And this is just the start!

In our latest article, we discuss the drivers of this change and the opportunities for companies to leverage?#tech?to promote sustainability. Check it out ...

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