Food Tech SPAC
FoodTech can be defined as “the intersection between food and technology; the application of technology to improve agriculture and food production, the supply chain and the distribution channel.” So basically, FoodTech is any technology applied to the way we produce, sell, or serve food. Since the Industrial Revolution and the decline of self-sufficiency, inventors and industry leaders have applied technology to food production to help us produce more plentiful, better quality food. However, it is only really in the last few years that innovative ‘FoodTech’ has erupted as a sector in its own right.
This SPAC focuses on natural Food Technologies in the respect of nature and environment, to the exclusion of any genetically modified component.