Zume

Auto Added by WPeMatico

Zume co-founder goes from pizza to climate-friendly food with $2.7 million in funding

Before leaving SoftBank-backed Zume Pizza in November 2018, co-founder Julia Collins knew what her next move would be: climate-friendly food. Today, Collins is announcing Planet FWD’s $2.7 million seed round led by BBG Ventures with participation from Cleo Capital, Cowboy Ventures, Precursor Ventures, Kapor Capital and others.

What’s unique about this round, Collins told TechCrunch, is that 99.5% of the funds came from people of color and/or women. That was deliberate, she said. What’s also deliberate is the startup’s mission to combat climate change by building a climate-friendly food platform and snack brand.

“For me, the question has always been, how can we reform our food systems so that they work better for people and work better for the planet?” Collins said. “That’s been the thread that has connected all of my work in food. It’s always been how can we change the existing infrastructure and the ways of doing business so that we create better outcomes.”

In 2017, Collins learned she was about to become a parent — something she hadn’t expected. That’s what led to, what she describes as, a sudden shift in consciousness where she realized she would soon become responsible for another human being.

“When I learned I was going to be a parent, I decided I was going to become a climatarian,” Collins said. “So that meant not just being a vegetarian or living a plant-based lifestyle, but wanting to live a planet-based lifestyle. So I went from being a plant-based eater to a climatarian. So I started thinking about how I could make food choices that would have better outcomes for the climate.”

This is where the focus on regenerative agriculture comes in. Regenerative agriculture is a farming technique that aims to reverse the effects of climate change by capturing carbon in soil and aboveground biomass, which ultimately increases biodiversity, enriches soils and improves watersheds. But unlike organic foods, where those specific farms are relatively well-known and identified, that can’t be said for regenerative agriculture. This is where the food platform comes in.

“When it came to the regenerative food landscape, nothing had been codified or mapped yet,” Collins said. “And so, as I started to pull together the ingredients for my climate-friendly snacks, I amassed this really exhaustive library of all this information about these farms. And I thought that was really interesting because anybody who wants to create a climate-friendly food product needs a universal set of information that just wasn’t available. And here I was building it in a little spreadsheet. And so I looked up and I realized this is actually software that I’m building.”

It’s this software that is powering Planet FWD’s food production. The startup’s first product is a cracker, which launches later this year. The next product will likely be chips, Collins said.

“A lot of what we’re doing with this snack product is engaging consumers and trying out this climate-friendly positioning to see whether or not it actually resonates with people,” she said.

Ideally, Planet FWD will be able to show there’s consumer demand for climate-friendly products, Collins said. From there, she hopes that would encourage more farmers to implement these regenerative agriculture practices. At this point, it’s unclear how many farms are focused on regenerative agriculture, but Collins has so far identified hundreds of them.

Since leaving Zume, the robotic pizza company has struggled. Earlier this year, the company was forced to lay off 360 employees and shut down its pizza-making and delivery business. Now, the company is focused solely on food packaging.

“It was very, very hard for me to decide to step away,” Collins said about leaving Zume. “It was one of the hardest things I’ve had to do. Maybe the hardest thing I’ve ever had to do professionally. I’ve had a year-and-a-half to make my peace and find distance from it, but it’s been difficult and painful to see. At some point, you have to look back and it’s hard to look back and know that I don’t have any control or influence around anything that’s happening now — either the way that it’s being messaged or the actual function of the company. I’m still an owner in the company, and I still have hope they’re going to get to a really good outcome. But I am powerless.”

Now and in the foreseeable future, Collins will be focused on climate-friendly foods and food production.

“All of us have to eat every day, but what if as a result of our eating, we were able to actually draw down carbon and reverse climate change. Much of what we talk about in terms of solutions are consume less and produce less but when it comes to food we all need to eat. What if, as a result of the way you ate, you could actually contribute to the solution.”

Powered by WPeMatico

Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio

Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The cuts would be notable by themselves, but given how many other reductions have recently been announced, they indicate that a rolling round of belt-tightening amongst well-funded private companies continues. (TechCrunch confirmed the numbers with the company.)

Mozilla, for example, cut 70 staffers earlier this year. As TechCrunch’s Frederic Lardinois reported earlier in January, the company’s revenue-generating products were taking longer to reach market than expected. And with less revenue coming in than expected, its human footprint had to be reduced.

23andMe and Mozilla are not alone, however. Playful Studios cut staff just this week, 2019 itself saw more than 300% more tech layoffs than in the preceding year and TechCrunch has covered a litany of layoffs at Vision Fund-backed companies over the past few months, including:

Scooter unicorns Lime and Bird have also reduced staff this year. The for-profit drive is firing on all cylinders in the wake of the failed WeWork IPO attempt. WeWork was an outlier in terms of how bad its financial results were, but the fear it introduced to the market appears pretty damn mainstream by this point. (Forsake hope, alle ye whoe require a Series H.)

The money at risk, let alone the human cost, is high. Zume has raised more than $400 million. 23andMe has raised an even sharper $786.1 million. Rappi? How about $1.4 billion. And Oyo? $3.2 billion so farEvery company that loses money eventually dies. And every company that always makes money lives forever. It seems that lots of companies want to jump over the fence, make some money and rebuild investor confidence in their shares.

It’s just too bad that the rank-and-file are taking the brunt of the correction.

Powered by WPeMatico

Pizza Hut is testing Zume’s compostable round boxes

Pizza Hut this morning announced plans to pilot Zume’s signature round pizza boxes. Testing for now will be extremely limited — in fact, it’s only happening at a single location in Phoenix, Ariz.

The boxes are one of a number of different technologies being pushed by the SF Bay startup. In fact, my recent conversation with Zume CEO Alex Garden quickly turned to the subject of pizza boxes.

Pizza Hut Zume Delivering the Round Box 04

“We did internet searches for two weeks trying to find packaging companies that made different pizza boxes and there really wasn’t very much out there, they’re almost all made by a small select group of companies that just repeat the same ideas over and over again,” he told me back in September. “So I said, wow that’s really weird. Okay, well, let’s just, we’re a startup, no one can tell us what the rules are. Why don’t we just get a white board and draw what a cool pizza box would be.”

Which is fair enough, I guess. And certainly there’s a lot to be said for a product that’s designed to be compostable, should it eventually be adopted by a massive chain with the scale of a Pizza Hut. For now, however, it seems the piloting is pretty limited in both time and scope. The same location will also be used to test a limited edition plant-based sausage topping by MorningStar.

Pizza Hut Zume Dinnertime the Round Box 02

Perhaps either or both will move beyond this limited publicity push. Certainly sustainable plant products and compatible packaging are steps in the right direction. It’s also another high-profile partnership for Zume, which recently announced that it will be licensing its food truck technology to the admittedly smaller-scale &Pizza chain.

Powered by WPeMatico

Zume buys packaging company, with eyes on plant-based plastic alternative

Zume Inc. (they of the robotic pizza) has acquired Southern California-based Pivot, designer of plant-based packaging material. Along with the deal, Zume will be opening a 70,000-square-foot manufacturing plant in the area.

Zume notes that it has actually been in the food packaging industry in one form or other since 2016, when it introduced a compostable pizza box made from the fibers of discarded sugar cane. This acquisition finds the company expanding its offering into additional containers, including bowls, plates cups, trays and cutlery.

The startup has set the lofty goal of replacing one billion plastic and styrofoam containers by next year. It’s an admirable target — food packing waste is undeniably out of control, and is likely to only get worse before it gets better.

“Food delivery is upending the food system as we know it, and we believe that the powerful consumer demand signals it generates can be a force creating a more sustainable world,” Zume CEO Alex Garden said in a release tied to the news. Food packaging is a huge part of this equation because it not only provides critical consumption data but it also provides useful information from the farm where its materials are sourced to the final disposal.”

The new manufacturing plant is the first of several in the U.S. in the works from the company.

Powered by WPeMatico

Robots and on-board ovens deliver on Zume’s promise of better pizza

Zume kitchen Today, in a world of bacon-wrapped crust and custom-modified Chevys with pizza warmers, being excited about pizza is just not as easy as it used to be. Zume Pizza founder Julia Collins and her Elon Musk-esque approach to pizza doesn’t care much for the rest of the pizza industry. In her mind, the pizzavations of the previous decades are irrelevant if the pies arrive soggy, cold and… Read More

Powered by WPeMatico