Post by account_disabled on Feb 20, 2024 10:59:55 GMT
José Luis Cabañero is founder and CEO of the Madrid-based foodtech innovation accelerator Eatable Adventures . He also launched Foodentrepreneurs , a global network of food and beverage founders.
Spain is a gastronomic country. It is the third largest exporter of fruits and vegetables in the world, behind China and the United States, while its food sector is a major contributor to the national economy, representing around % of its gross domestic product (GDP).
An ideal testing ground for initiatives related to soil improvement, water management, controlled environment agriculture and robotics, Spain also has a strong packaging industry that could help star C Level Executive List tups in alternative proteins, biomanufacturing and ingredients novelties to scale more quickly.
But it has not built a reputation as a leading player in transforming the agri-food value chain through technology-based innovation…. still.
During recent years, however, Spain has experienced a constant transformation. Today, more than foodtech startups operate in Spain along the value chain, attracted by the growing support of incubators and companies, and a growing entrepreneurial community.
More importantly, they are inspired by a small but growing number of local food tech companies from Heura , Moa Foodtech and Cocuus, to Ekonoke and Cubiq Foods, startups that are attracting not only international media attention, but also the corporate support and international investors.
Investment in Foodtech in Spain increased by % in
While global investment in food technology declined in after strong growth in and , investment in food technology in Spain increased by % to € million ($ million) in , and startups attracted international investors, from Cargill to Big Idea Ventures, Rockstart and Unovis.
So, how has Spain been able to place itself so quickly on the world map of food technology?
Investment has been key, but collaboration between the main actors in the agri-food ecosystem has been, without a doubt, one of the most influential factors in accelerating the growth and development of disruptive technologies.
Innovation centers
Public and private entities are taking an increasingly active role in creating new and innovative solutions to address a variety of challenges in this sector. Innovation centers play a crucial role in this ecosystem and have seen rapid growth in recent times.
Madrid Food Innovation Hub is producing more than new companies every year, covering the end-to-end agri-food value chain and helping hundreds of new entrepreneurs launch their companies.
The new Eatex Food Innovation Hub, a technology transfer initiative supported by the National Center for Food Technology and Safety, is helping to foster collaborations between innovative technology-based startups and established companies.
Spain is a gastronomic country. It is the third largest exporter of fruits and vegetables in the world, behind China and the United States, while its food sector is a major contributor to the national economy, representing around % of its gross domestic product (GDP).
An ideal testing ground for initiatives related to soil improvement, water management, controlled environment agriculture and robotics, Spain also has a strong packaging industry that could help star C Level Executive List tups in alternative proteins, biomanufacturing and ingredients novelties to scale more quickly.
But it has not built a reputation as a leading player in transforming the agri-food value chain through technology-based innovation…. still.
During recent years, however, Spain has experienced a constant transformation. Today, more than foodtech startups operate in Spain along the value chain, attracted by the growing support of incubators and companies, and a growing entrepreneurial community.
More importantly, they are inspired by a small but growing number of local food tech companies from Heura , Moa Foodtech and Cocuus, to Ekonoke and Cubiq Foods, startups that are attracting not only international media attention, but also the corporate support and international investors.
Investment in Foodtech in Spain increased by % in
While global investment in food technology declined in after strong growth in and , investment in food technology in Spain increased by % to € million ($ million) in , and startups attracted international investors, from Cargill to Big Idea Ventures, Rockstart and Unovis.
So, how has Spain been able to place itself so quickly on the world map of food technology?
Investment has been key, but collaboration between the main actors in the agri-food ecosystem has been, without a doubt, one of the most influential factors in accelerating the growth and development of disruptive technologies.
Innovation centers
Public and private entities are taking an increasingly active role in creating new and innovative solutions to address a variety of challenges in this sector. Innovation centers play a crucial role in this ecosystem and have seen rapid growth in recent times.
Madrid Food Innovation Hub is producing more than new companies every year, covering the end-to-end agri-food value chain and helping hundreds of new entrepreneurs launch their companies.
The new Eatex Food Innovation Hub, a technology transfer initiative supported by the National Center for Food Technology and Safety, is helping to foster collaborations between innovative technology-based startups and established companies.
