Mark Cuban invests in a food packaging startup


Photograph courtesy of SAVRpak

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Does this little patch the future of food packaging?

SAVRpak patchMark Cuban thinks so. The investor and entrepreneur led a $ 3.5 million fundraiser for SAVRpak’s technology that promises to keep on-the-go food fresher by reducing the humidity inside the box.

Originally developed by aerospace engineer Bill Birgen for his own breakfasts, the peel-and-stick patch pictured above is made from plant-based paper and paste. It can be applied inside a shell, pizza box, paper bag, or other packaging, where it absorbs moisture and keeps it away from food. The patch can reduce humidity by up to 45%, the company said.

If this is true, it could be a game-changer for the growing delivery industry that has been in part harassed by soggy food. DoorDash has already placed an order with SAVRPak and plans to start offering the fixes to restaurants as one of its packaging options.

“SAVRpaks allow food to stay fresher, longer while retaining great taste, all at an affordable price,” Cuban said in a statement. “It’s a unique combination that will forever change the way food is presented and delivered.”

About this accessibility: Unit cost will vary based on quantity, but restaurants can add a patch to a meal “for the cost of a few packets of ketchup at most,” according to an SAVRPak representative.

San Juan Capistrano, Calif., Based company to use Series A funding to increase production to 50 million units per month and develop applications for agriculture, grocery and consumer markets .

Virtual branding company Nextbite recently announced plans to launch more celebrity-backed virtual brands. He unveiled the first concept of this new initiative last week. George Lopez Tacos, created in partnership with the actor and comedian, presents a range of street tacos developed by Lopez himself.

It joins Nextbite’s list of around a dozen delivery-only brands, including HotBox by Wiz with rapper Wiz Khalifa. The company hired a vice president last month to run its celebrity concept business.

George Lopez Tacos will launch on June 8 at Nextbite partner restaurants in Atlanta, Dallas, Denver, Los Angeles, New York, San Diego, San Francisco and Seattle.

Paytronix now integrates with Google Food Ordering. Restaurants that use the supplier’s order and delivery product can begin accepting orders through Google’s search and map platforms. Their Google listing will be accompanied by a button “Order online” which will allow customers to place an order directly from Google.

Google is an intriguing ordering channel for restaurants because it is the first stop many consumers have when shopping for food.

GoTab installs its ordering platform in food halls. The cloud-based product will allow customers to pre-order for on-site or take-out meals at multiple restaurants, as well as order on-site by scanning a QR code at their table, on a single ticket. The platform recently debuted at Union Market in Washington, DC, where six of the food hall’s restaurants are using the technology.

The company promises quick and easy setup and the ability to update menus in real time. It comes out of a $ 6.5 million funding round.

DoorDash extends benefits to more Chase customers. Users of most Chase co-branded cards will get one year of free access to DashPass, the membership program that waives shipping charges for orders over $ 12. It normally costs $ 9.99 per month. They will also receive 5% DoorDash Credit on pickup orders.

Chase Sapphire Reserve and Preferred cardholders already receive this benefit; now it is extended to more cards. DoorDash values ​​its over 5 million DashPass users, claiming they display higher levels of engagement and retention.

New employees:

  • QSR Automations has appointed Angela Leetas CEO following the death of founder and CEO Lee Leet in March. He has also expanded the role of CFO Anthony Griffin to include interim president and seeks to fill the newly created role of vice president of product strategy. Angela Leet is an engineer and former member of the Louisville Metro Council; she ran for mayor in 2018. QSR, based in Louisville, Ky., offers a variety of software and hardware products for restaurants, including KFC, Shake Shack, and The Cheesecake Factory.
  • Point of sale provider Arryved has hired a new CEO. Loren Bendele is the founder of Gell, a user-generated content platform, and has been an investor, advisor and leader for other tech companies including Savings.com and Teleflora. He will succeed founder and former CEO David Norman, who moves to product manager in addition to being COO and chairman of the board. Arryved was founded in 2016 and focuses on the craft food and drink industry, including breweries and pizzerias.

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Uber Eats partners with Gopuff to expand their selection.

Pepsi launched a virtual brand with Famous Dave’s.

The maker of Flippy is now selling the software behind the bot.


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