Food Industry news and trends

Lumachain Raises $19.5M for Global Rollout of Meat Industry Platform
artificial intelligence // August 25, 2022

Lumachain has raised $19.5 million in Series A funding to accelerate the global rollout of its computer-vision based artificial intelligence (AI) platform for meat and food processing plants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Virtual Restaurants May Need to Make Changes to Maintain Market Share
Restaurant innovation // August 01, 2022

Virtual restaurants have become a mainstay of the restaurant industry, but until now, given the novelty of the model, there has not been a central body to hold them accountable when it comes to issues of safety and of intellectual property. Now, to hold onto...

India’s Licious Notches $30M To Boost Online Food Sales
Investments // December 16, 2019

Meat and seafood brand Licious, based in Bengaluru, India, has raised $30 million in a Series E funding round led by Singapore-based Vertex Growth Fund, TechCrunch reported on Monday (Dec. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

How Smaller Grocers Are Keeping Pace With Big Food Industry Changes
B2B Payments // October 30, 2019

Food is big business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

Interviews & Exclusives
Weird Commerce: BeeHex Makes 3D Pizza Printing A Reality

March 13, 2017
Technology is having an impact on nearly every industry, leaving practically no stone unturned. The food market is one of the latest to dip its toes in the tech arena. With the advent of 3D printing technology, it was just a matter of time before a company saw the opportunity to combine the two to develop a […]

Quick Reads
GrubMarket Launches Payment Platform for Food Wholesalers and Distributors

April 26, 2023
GrubMarket has launched a payment platform designed for food wholesalers and distributors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Lumachain Raises $19.5M for Global Rollout of Meat Industry Platform

August 25, 2022
Lumachain has raised $19.5 million in Series A funding to accelerate the global rollout of its computer-vision based artificial intelligence (AI) platform for meat and food processing plants. Get the...

India’s Licious Notches $30M To Boost Online Food Sales

December 16, 2019
Meat and seafood brand Licious, based in Bengaluru, India, has raised $30 million in a Series E funding round led by Singapore-based Vertex Growth Fund, TechCrunch reported on Monday (Dec. 16)....

DoorDash Sponsors Silicon Valley Virtual Restaurants

October 31, 2017
DoorDash has decided to broaden its main consumer benefit — the ability to skip the restaurant dining room and have the food delivered directly — so that chefs can adopt...