🚀 Food Foundry: Calling all foodservice startups!
Are you an early-stage startup disrupting the way food is produced, moved, or consumed? Apply to the Food Foundry by October 23rd!
We’re seeing startup communities popping up fast: from LaunchHouse to PartyTime.FYI. If you are a climate tech, robotics, packaging, supply chain automation, or other startup, this week’s program, Food Foundry, is for you. The Food Foundry accelerator program is looking to invest $75K in a class of early-stage startups aiming to disrupt the foodservice industry.
Daily Dropout Exclusive:
Food Foundry, this week’s drop, is looking for entrepreneurial minds. Apply by October 23rd!
⚾ The Elevator Pitch
In the coming years, sustainability, climate tech, and robotics will revolutionize the way food is produced, distributed, and consumed. Founders can turn to the classics, like TechStars or YCombinator, but these incubators are scarce and overly competitive.
Food Foundry is a specialized accelerator program built by Relish Works & Gordon Food Service for early-stage startups disrupting the foodservice industry. Applications are open now through October 23rd! Apply today if you’re looking for $75K in funding, specialized early-stage curriculum and dedicated mentorship from investors and foodservice experts.
👇 The Drop Down
Site: https://www.thefoodfoundry.com/
Trend: Startup communities
Investing in: Startups pre-seed to seed
Traction: 25 alumni companies across four Food Foundry cohorts, who have collectively raised $65m+ in funding and created 200+ jobs
Team: Relish Works, Gordon Food Service
The Food Foundry team is recruiting their broadest thesis of startup applicants yet.
This includes:
🌱 Alternative Proteins & Fats
📦 Sustainable & Compostable Packaging
☀️ Climate Tech
🤖 Robotics
🚀 And More!
Food Foundry’s cohort will kick off January in Chicago in January 2023 and end with a final invite-only showcase for companies to pitch to investors and the broader Food Foundry community.
🔍 Why we like it
🌱 Sustainability is key in our day and age
Food is a basic necessity we all need. The question of how we can sustainably produce food for our growing population is an important question that affects us all. Food Foundry is directly working with companies that work in the foodservice industry to create that solution.
🏦 History of working with seed and pre-seed startups
Food Foundry has already recently invested in several seed stage startups, from Confetti, a startup that makes vegetable and mushroom chips from upcycled ingredients to 86 Repairs, a company that streamlines repair and maintenance management for the restaurant industry.
🚀 You’ve read about them. Are you in?
Food Foundry is inviting Daily Dropout readers to apply and share this opportunity with fellow founders. By nature of reading the newsletter, we think you’d be a good fit. Apply by October 23rd.