The 500 Best Food Tech Companies Show Us The Future Of What We Eat

Food and technology are two hot topics in this era, and the 500 companies are here to show us how they combine the two. Inspired by the Fortune 500, Forward Foods introduced the Foodtech 500 earlier this month - a list of global talents in the fields of food, technology, and sustainability.

Forward Fooding is a network of entrepreneurs that supports collaboration and partnerships between large food companies and startups. In other words, they drive growth by partnering with those new food companies.

To qualify, companies must be an integrated entity with an active website. These must exist for less than 15 years and must be included in the definition of forward fooding of "Agrifoodtech". The company described Agrifoodtech as an "emerging sector that seeks to improve efficiency and sustainability in food design, production, selection, distribution and enjoyment."

Companies are ranked by three parameters: financial institutions, digital presence and sustainability. Applicants are then given three separate scores which give each finalist a score of 300

According to the Forward Fooding website, 786.2 percent of companies are under five years of age and 56.51 percent are in pre-seed or seed-level financing. But about 75 percent are already earning revenue.

Forward Fooding claims that 1,200 applications from 54 different countries will be on the list. Here are the top five:

1. AeroFarms

Aero Farms is the developer of aeroponic systems that produce high yield concentrations in urban vertical farms. The company boasts the world’s largest internal vertical firm at its New York, NJJ headquarters. These consolidate the distribution by setting up firms on the main distribution routes and in nearby population centers.

Total score: 292

2. TIPA

TIPA is an Israeli company that develops biodegradable food packaging solutions. Their goal is to address the challenges of plastic waste through bio-material packaging while working like plastics.

Total score: 258

3. Bowery Farming

Bawari Farming is a New York-based modern farming company that controls every aspect of farming. According to their website, they rely on the seeds of smaller partners, farm in vertical rows inside and manage all aspects of growth. They claim to harvest at the right time and deliver much faster than conventional farms.

Total score: 257

4. Agrivi

Agarvi is a Croatian company specializing in cloud firm management software. The website explains that the software allows farmers to plan, monitor and analyze all activities on your farm. They say farmers in more than 150 countries use pioneers to improve their productivity, and the software works on farms of all sizes.

Total score: 245

5. JIMINI'S

Paris-based company JIMINIS develops products that include edible insects. They realize that eating bugs can be a weird thing, so they slowly want to help people try their products. Optimistic people have a free mind, the website said, adding that they “use insects to reduce the environmental impact of our Western diet. They added that insects have higher nutritional value than normal protein sources.

Total score: 244

See the video and gain more details about Forward  Fooding 

6. Notpla 

Notpla is a sustainable seaweed packaging company. They pioneer the use of seaweed to develop solutions to single-use plastics.

Total score: 244

7. Agrilution 

Agrilution is an innovative smart home and vertical farming technology startup based in Munich, Germany, which is dedicating its passion to solving one of our most pressing global challenges: providing sustainable and healthy food to the world.

Total score: 244

You can check all the lists here .