{"id":1571793,"date":"2024-03-25T05:00:15","date_gmt":"2024-03-25T05:00:15","guid":{"rendered":"https:\/\/www.greenqueen.com.hk\/?p=71764"},"modified":"2024-03-25T05:00:15","modified_gmt":"2024-03-25T05:00:15","slug":"foodtech-world-cup-foodhack-givaudan-launch-global-tournament-for-industry-disruptors","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2024\/03\/25\/foodtech-world-cup-foodhack-givaudan-launch-global-tournament-for-industry-disruptors\/","title":{"rendered":"FoodTech World Cup: FoodHack & Givaudan Launch Global Tournament for Industry Disruptors"},"content":{"rendered":"
With investment in the agrifood tech sector halving in 2023<\/a>, and legislators in the US<\/a> and the EU<\/a> putting up barriers towards alternative proteins in the form of labelling restrictions and outright bans, food tech startups are in a bit of a dire situation.<\/p>\n\n\n\n What makes it worse, in fact, is that now is when we need these innovators the most, with the world burning down and policymakers \u2013 for the large part \u2013 not really giving a fuck. Lately, there has been a growing emphasis on trying to find solutions to feed a 10-billion-strong population by mid-century, just as extreme weather events effect crop failures<\/a> all over the world. We need food tech solutions, and these startups need help.<\/p>\n\n\n\n This is why FoodHack has partnered with Givaudan to establish the inaugural FoodTech World Cup. The global tournament will tap into local networks to unearth the industry’s most talented founders breaking through the ranks, and help accelerate their growth internationally.<\/p>\n\n\n\n “The ultimate goal is to find disruptive technologies and consumer concepts,” says Alexandre Bastos, head of front-end innovation at Givaudan. “Besides the fun part and an analogy with the most famous sports tournament in the world, the thinking behind the World Cup was to ensure global outreach, engagement with thought leaders in each region, make it competitive and look for startups from everywhere around the world.”<\/p>\n\n\n\nMultiple verticals covering everything food tech<\/h2>\n\n\n