When rapid grocery delivery service Milkrun shut down suddenly last month, many acknowledged the impact that startup had on improving a moribund sector dominated by lethargic supermarket giants. Founder Dany Milham said at the time “I believe the impact that the Milkrun team had on the industry will be long lasting”. The startup certainly had… Read more »
As lockdowns continue across Australia, many households are doing something they may not have considered just 18 months ago: ordering groceries online. Australia’s supermarket duopoly, Coles and Woolworths, have raced to implement new technology and transform labour arrangements to keep up with the e-grocery boom. Both are investing in “smart” warehousing and distribution systems with… Read more »
Supermarket giant Woolworths is backing accelerator Seedlab Australia with a $4 million investment to help startup founders develop new food, beverage, home and personal care products. The Seedlab accelerator program will identify founders and ventures with the potential for high growth in categories such as artisan foods, health and wellness, and more sustainable products, offering… Read more »
Sydney plant-based proteins startup Harvest B has raised $3.5 million in seed funding just 12 months after launching. The seed raise was led by Aura Ventures and W23, the venture capital arm of supermarket giant Woolworths. The startup also landed a $1 million grant from the federal government’s Advanced Manufacturing Growth Centre Commercialisation Fund. It… Read more »
The plant-based mince and burgers developed by the CSIRO-backed alternative protein startup v2food will start hitting the shelves in more than 600 Woolworths stores from today, less than a year after it was first released as the burger in the Hungry Jack’s Rebel Whopper. V2food launched last year in a collaboration between the CSIRO, its… Read more »
ASX-listed Openpay has signed a deal with Woolworths that takes the fintech into the B2B sector. Woolworths will launch Openpay for Business, which allows companies to manage trade accounts end-to-end, including applications, credit checks, approvals and account management in the one system. The move is a shift way for Openpay from buy-now-pay-later (BNPL) services… Read more »
Melbourne online beauty retailer Adore Beauty has bought back the 25 percent stake it sold to Woolworths less than two years ago, with founder Kate Morris saying “our respective goals and priorities were no longer as aligned going forward as they were at the start”.
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