Winners recognized for innovation in precision agriculture, natural beverages and food waste
at leading food and agriculture pitch competition
SAN FRANCISCO (March 29, 2019) – Innovative food and agriculture entrepreneurs showcased 15 new ideas to feed the world sustainably at FoodBytes! San Francisco. Bushel, Shaka Tea, and Toast Ale won top honors for their sustainable products and technologies that increase agricultural efficiency, offer Hawaiian antioxidant beverages and fight food waste.
FoodBytes! SF 2019 marked the 15th edition of Rabobank’s global pitch competition and networking platform to help sustainable food, food tech and agtech startups succeed. FoodBytes! alumni have raised $500 million in funding since the platform launched in San Francisco in 2015, including $150 million alone in 2018. All participating FoodBytes! startups receive a mentorship immersion; direct feedback on products and technologies; networking opportunities with investors and corporate leaders; access to a community of 265+ FoodBytes! alumni; and ongoing support from Rabobank.
New this year, FoodBytes! recognized startups in three award categories: food and agriculture technology, sustainable consumer packaged goods (CPG) and People’s Choice (voted by the audience). Winners will receive valuable business consultation services, mentorship experiences and access to Rabobank research reports, as well as the opportunity to pitch and network with C-level food and agriculture (F&A) executives at Rabobank’s Annual Food & Agriculture Summit in December 2019.
2019 FoodBytes! San Francisco winners:
Consumer Packaged Goods (CPG) Award: Shaka Tea (Hilo, Hawaii)
Shaka Tea earned top honors in the FoodBytes! SF CPG category for creating the first-ever line of Hawaiian-grown herbal teas brewed with māmaki, an antioxidant only found and grown in the Hawaiian Islands. FoodBytes! SF judges not only recognized Shaka’s unique concept and strong sales traction, but also its support for local regenerative agriculture and economic development.
“Shaka Tea is expanding rapidly this year, so this incredible recognition from FoodBytes! couldn’t have come at a more opportune time,” said Shaka Tea Co-Founder and President Bella Hughes. “Working out of Hilo, Hawaii, it’s not every day that I get to meet with top leaders in food and beverage for perspective on how to scale my business. Receiving such generous mentorship and winning the CPG Award is a boon to us as we launch in 3,000 new doors this year.”
Food and Agriculture Technology Award: Bushel (Fargo, N.D.)
Bushel won the FoodBytes! SF Technology award for its innovative software platform and app that allows grain elevators and cooperatives to digitally connect with their growers and deliver near real-time information that informs better business decisions.
“FoodBytes! is a rare opportunity for entrepreneurs to enhance their exposure and network,” said Bushel Co-Founder and CEO Jake Joraanstad. “The quality of the connections we made far exceeded our expectations. We met a new customer on day one of FoodBytes! and can already see the direct impact this experience will have on our business as we continue to expand in the US and introduce our technology internationally.”
People’s Choice Award: Toast Ale (New York, N.Y.)
Toast Ale won the FoodBytes! SF People’s Choice Award, based on votes from the audience and Facebook Live viewers. Toast Ale’s innovative approach to fighting food waste – brewing craft beer from unsold bread from local bakeries – captured the audience’s attention. In addition to saving one slice of bread that would have been wasted in each beer, Toast Ale donates its profits to charities reducing food waste.
“We’re incredibly humbled and grateful to be selected for the FoodBytes! People’s Choice Award,” said Rob Wilson, chief toaster, Toast Ale. “Our aim is to brew as much beer from surplus bread as possible in our effort to combat food waste, so this validation of our mission and product is huge for us. Beyond the honors, we’re also excited to be part of the FoodBytes! alumni network and stay connected with other entrepreneurs who inspire us to think bigger.”
“The food and ag startups at FoodBytes! SF demonstrated enormous potential to address major challenges in our food system and meet consumer demand for products that provide both health and environmental benefits,” said Arif Fazal, FoodBytes! SF judge and founder, managing director of Blueberry Ventures. “FoodBytes! is an incredible resource not only for startups, but for industry leaders and investors like myself who want to preview what’s possible for innovation in food and agriculture.”
Top trends on display at FoodBytes! SF included:
Plant-based and natural foods:
Dairy cow microbiome support:
FoodBytes! SF is supported by presenting sponsor , a world-leading nutrition company with the widest range of specialty ingredients, blends, systems and experience that supports food and beverage companies looking to get to market quickly with products consumers love. Additional support comes from official sponsors Printpack, Polsinelli and foodspace+co; as well as supporting sponsors Agropur, Compass Group, Creative Alignments, The Interwine Group and Boulder Food Group.
About FoodBytes! by Rabobank:
Rabobank, a premier global food and agribusiness bank, first launched FoodBytes! in San Francisco in 2015 as part of its Banking for Food (B4F) strategy. Rabobank believes that sustainability and innovation are critical in promoting a thriving food and agricultural industry that will feed the increasing global population, expected to reach 9.8 billion by 2050. Since launching in 2015, 265 startups have pitched on the FoodBytes! stage, 2,000 startups have applied from 59 countries and more than 4,100 people have attended events in North America, Europe and Australia. Rabobank is a leading global food and agriculture bank, providing sector expertise, strategic counsel and tailored financial solutions to clients across the entire food value chain.
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