This Week In Food: How are you coping?

Let’s face it, a lot of businesses might not make it out of the #coronacrisis unscathed. Jobs are already being cut or pulled off recruitment sites, businesses are shutting their doors with no clear idea of when they’ll open again and VC’s are scrambling to figure out their next steps.

The tough reality is that we’re all in for one hell of a ride, and when the dust settles, the food industry landscape won’t look the same.

I’ll be the first to say that at FoodHack we’ve felt the affects of COVID-19 (that’s what happens when your business is 50% events based). But at times like this, panic won’t help.

In the midst of it all, there are entrepreneurs and businesses out there that are quickly adapting to the situation. Over the next few weeks (or until this is all over) we’ll be highlighting the stories of how different food actors across the ecosystem are adapting to the situation and the initiatives out there that are supporting food business in their time of need.

This week alone we’ve seen entrepreneurs in our Facebook group come together to find creative solutions to support one another, read stories of breweries repurposing their distilleries to make hand sanitizers and seen food tech platforms step up to support restaurants.

If you have a story you want to share with us or just tell us how your business is coping, fill out the form here. To nominate a business or entrepreneur we should interview - email me here.

New in Funding

• Impossible Foods raises $500 Million Series F Despite Investors Globally Getting Cold Feet
• Swedish Algae Factory closes off a SEK 53mio investment to help scale up production
• Your Super raises $10 Million Series B Funding For Their Plant-Based Protein
• Gojek, one of Southeast Asia’s biggest food delivery apps raises $1.2bn, lays off workers

What we’re reading

• ??COVID-19: Online marketplace Farmy.ch see’s growth triple amid shoppers opting to staying at home
• ??Meet Heights, the subscription business raising awareness for brain health
• ?What does COVID-19 mean for food businesses?
• ??Israeli Foodpreneurs Adapt Culinary Concepts To Coronavirus Reality
• ??COVID-19: Packaged food & beverage brands enjoy surging sales, but mass unemployment could change the landscape rapidly
• ??Bread&Jam Festival launches daily COVID19-survival webinar for food entrepreneurs
• ??Impossible Foods CEO on Running a $4 Billion Startup From Children’s Bedroom
• ??JUST Expands Partnerships Globally, Raises Capital & Adds Former Coca-Cola Executive
• ??COVID-19 Threatens Food Supply Chain As Farms Worry About Workers Falling Ill
• ??Stuck at home? Here’s all the pantry staples and recipes you need to keep healthy
• ??How businesses are moving forward after coronavirus canceled Expo West

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