Agriculture Awards

Forward Fooding Launches Sixth Edition of FoodTech 500

Forward Fooding, a platform for the food and beverage industry, has opened applications for the 6th edition of the FoodTech 500.
Image provided by Forward Fooding.

Key Takeaways:

  • Early applications are open for Forward Fooding’s 2024 FoodTech 500 until July 31.
  • The FoodTech 500 is a prominent ranking of Agrifood technology companies, known as the “Fortune 500 of Food Technology.”
  • Evaluations are based on business size, digital footprint, and sustainable practices.
  • New features for 2024 include a fast-tracked review process for early applicants and public nominations.
  • Winners will be announced in the first quarter of 2025.

Forward Fooding’s Quest for AgriFoodTech Innovators

Forward Fooding, a collaborative platform for the food and beverage industry, has opened early applications for the sixth edition of the FoodTech 500. This initiative aims to identify the most promising and impactful AgriFoodTech innovators for 2024, with applications accepted until July 31.

A Benchmark in AgriFoodTech

Since its launch in 2019, the FoodTech 500 has become a recognized ranking in the AgriFoodTech industry. It highlights companies at the intersection of food, technology, and sustainability, earning it the nickname “Fortune 500 of FoodTech.”

Comprehensive Evaluation Process

Applications will be reviewed through a structured process, considering factors such as business size, digital footprint, and sustainable practices. A proprietary scoring system will identify leading innovators. More information on the methodology is available on Forward Fooding’s website.

Benefits of Inclusion in the FoodTech 500

Being listed in the FoodTech 500 provides industry recognition and access to a global network of stakeholders. The ranking is known for its reliability and sets the standard for AgriFoodTech excellence. It also showcases pioneers and changemakers to a worldwide audience.

Highlights from Past Editions

The 2023 FoodTech 500 saw over 1,500 applications from startups and scale-ups across the food value chain, representing 57 countries. Notable companies included Nature’s Fynd, Bowery, Ynsect, Produce Pay, 80 Acres Farm, Meati Foods, Alpine Bio (formerly Nobell Foods), CropX, and Heura. Key statistics from the 2023 edition include:

  • Over 1,500 applications
  • Representation from 57 countries
  • Inclusion of 2 unicorns and 4 IPO’d companies
  • $7.1 billion USD raised over time

New Features for 2024

The 2024 FoodTech 500 introduces several new features. Early bird applicants submitting by July 31 will benefit from a fast-tracked review process and the chance to be reviewed by industry experts.

Enhanced Value Propositions

Forward Fooding’s 2024 edition includes new value propositions for participants and partners:

  • Ecosystem Matchmaker: Connecting applicants with trade investment agencies, corporates, and collaborators.
  • Strategic Partnerships: Enabling companies to scale into new regions and find complementary partners.
  • Industry Honorable Mentions: Recognizing outstanding contributions and innovations in various verticals.
  • Global Exposure: Providing significant exposure through media partners, press releases, blog articles, and social media.
  • Partner Program Access: Offering opportunities to join hubs, incubators, accelerators, and competitions.

Public Nominations and Ambassador Program

For the first time, public nominations are open to ensure groundbreaking innovations are recognized. Industry insiders and food enthusiasts can nominate startups or scale-ups through the Nomination Form on the official website.

Forward Fooding is also seeking ecosystem experts, investors, and enablers to join as Ambassadors to increase visibility and foster engagement within the global AgriFoodTech community. Ambassadors will represent the FoodTech 500 and help connect emerging companies with strategic partners.

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As a dedicated journalist and entrepreneur, I helm iGrow News, a pioneering media platform focused on the evolving landscape of Agriculture Technology. With a deep-seated passion for uncovering the latest developments and trends within the agtech sector, my mission is to deliver insightful, unbiased news and analysis. Through iGrow News, I aim to empower industry professionals, enthusiasts, and the broader public with knowledge and understanding of technological advancements that shape modern agriculture. You can follow me on LinkedIn & Twitter.

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