Food tech start-ups are pushing forward the innovations in the food industry. Food startups are getting more traction, and this is in due part of their ability to take risks and experiment in ways corporations simply cannot. The European Institute of Innovation & Technology (EIT) Food wants to invest €56.4 million this year in innovation projects in the food industry and agriculture. That’s 44% more than in 2018. The funds for making the investments are secured through the European Institute of Innovation & Technology EIT under the Horizon 2020 program of the European Union. Food tech is a growing segment of start-ups and venture capital that focuses on disrupting and improving the food industry. But what are the innovations that thrive behind these food tech start-ups?
The changes expand across the supply chain, from farm to table. Shifts in consumer demands and preferences, the environment and digital transformation and bringing forth the need to revolutionize and streaming food business processes.
Transformation in the food industry is forward moving and backed up with technology at a faster pace than ever. Can your food company keep up with the latest technological advancements?
Get in touch and find how how the latest innovations can help you start-up move forward.