Venture investors are pouring billions of dollars into feeding their hunger for food and agriculture startups. Whether that trend line is due to enthusiasm for the sector or just broader heavy investing in the VC space is much less clear.
According to a recent report published by AgFunder – a VC and investing marketplace focused on the agriculture and food sectors – the “AgriFood” space is booming. Using data from Crunchbase and several other data partners, the organization published its “2018 AgriFood Tech Investing Report” this morning, finding that investment in AgriFood companies increased 43% year-over-year, reaching $16.9 billion in [...]
Frozen pizza is the bastion of people who have no other alternatives: Too broke or hungry to cough up the dough or wait the 30 minutes for delivery, lacking the ingredients or wherewithal to make their own. For me, frozen pizza conjures up babysitter nights when I was a kid; since my parents were going out, it was one…
Fresh off its $600 million round of new funding, grocery delivery service Instacart is expanding its relationship with Walmart, the companies announced this morning. The two first joined up in February to offer same-day grocery delivery at select Sam’s Clubs locations in the U.S. Today, Walmart says it plans to offer Instacart-powered grocery delivery in over half of Sam’s Clubs stores by the end of this month.
That expansion will make Sam’s Club grocery delivery via Instacart available to nearly 1,000 new ZIP codes and more than 100 new stores, including those in markets like New Jersey, Indianapolis, Houston and others, the company says.