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Scrum Ventures Funds FoodTech Innovation

Scrum Ventures Funds FoodTech Innovation Bites!, a global program aimed to solve the key challenges plaguing the food supply chain. Food Tech Studio – Bites!, described as “a stage-agnostic, global community of best-in-class startups with a common vision of bringing better and more efficient processes within the food development ecosystem,” will address, among other things, the safety, waste reduction, and health issues faced by foodtech startups. This is done in part by introducing the accepted foodtech startups to major corporations and industry thought-leaders who might help them along to the next stage in their journey. This week Scrum Ventures released the names of the first twenty startups that will be a part of the program, with six of them being Japanese: CANEAT, COMP, Exawizards, FoodCode, Gifmo, and MiL.

Scrum Ventures Announces Expanded Partners and Reveals Early Accepted Startups to Food Tech Studio

Scrum Ventures today announced the list of early accepted startups to its Food Tech Studio - Bites!, a global program aimed to solve the key challenges plaguing our food supply chain today, including (but not limited to) safety, waste reduction, and health. Scrum Ventures also announced it increased its partnerships with new additions to the program. Launched in September 2020, Bites! is focused on bringing much-needed change to the food sector through advanced technologies from innovative food startups. The program was founded to bring food entrepreneurs to the front lines and connect them with leading corporations and industry thought-leaders, helping them realize top-line growth opportunities in Japan, the U.S. and around the world.

TreeHouse Foods Completes Acquisition of Majority of Ebro s Riviana Foods U S Branded Pastas

Share this article Share this article OAK BROOK, Ill., Dec. 11, 2020 /PRNewswire/  TreeHouse Foods (NYSE: THS) announced that it has completed the acquisition of the majority of Ebro s Riviana Foods U.S. branded pasta business for $242.5 million in cash, subject to customary adjustments based on inventory at closing. I want to welcome our newest members of the pasta team to TreeHouse, said Steve Oakland, CEO and President of TreeHouse Foods. This acquisition represents a wonderful opportunity to not only strengthen our portfolio, but to bring together strong industry talent which will enable us to better serve our customers and to deliver greater value to our shareholders.

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