Tag: starbucks
Beyond Meat opens its first production plant in China
About a year after Beyond Meat debuted in China on Starbucks’s menu, the Californian plant-based protein company opened a production facility near Shanghai to tap the country’s supply chain resources and potentially reduce the carbon footprint of its products. Situated in Jiaxing, a city 85 km from Shanghai, the plant…
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India’s CRED raises $81 million, buys back shares worth $1.2 million from employees
Bangalore-based CRED is kickstarting the new year on a high note. The two-year-old startup, led by high-profile entrepreneur Kunal Shah, said on Monday it has raised $81 million in a new financing round and bought shares worth $1.2 million (about 90 million Indian rupees) from employees. The Series C financing…
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Recycling robotics company AMP Robotics could raise up to $70M
AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, according to multiple sources with knowledge of the company’s plans. The new financing speaks to AMP Robotics’ continued success in…
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Starbucks pauses all social media ads over hate speech concerns
Starbucks is joining the chorus of major brands withdrawing ads from social networks to highlight complaints about online hate speech. The coffee chain announced it would “pause” ads on all social networking platforms, not just Facebook, while it hel… Source
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Starbucks is selling an Impossible sausage breakfast sandwich in the US
As of today, you can buy a plant-based breakfast sandwich made with Impossible Foods’ imitation sausage at most Starbucks locations in the US. Given that Starbucks has more than 15,000 US locations and that Impossible Foods also signed a deal with Bu… Source
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PathSpot sells a scanner that fact checks your handwashing efficacy
The novel coronavirus disease has reminded millions that handwashing is a great way to avoid preventable diseases. Christine Schindler, the CEO and co-founder of PathSpot, has been preparing for the past three months for the past three years. “I’ve been obsessed with handwashing,” Schindler said, who has a background in…
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