Cheese is one of those foods that when you like it, you actually love it. It’s also one of the most difficult foods to make from something other than milk. Stockeld Dreamery not only took that task on, it has a product to show for it.
The Stockholm-based company announced Thursday its Series A round of $20 million co-led by Astanor Ventures and Northzone. Joining them in the round — which founder Sorosh Tavakoli told TechCrunch he thought was “the largest-ever Series A round for a European plant-based alternatives startup,” was Gullspång Re:food, Eurazeo, Norrsken VC, Edastra, Trellis Road and angel investors David Frenkiel and Alexander Ljung.
Tavakoli previously founded video advertising startup Videoplaza, and sold it to Ooyala in 2014. Looking for his next project, he said he did some soul-searching and wanted the next company to do something with an environmental impact. He ended up in the world of food, plant-based food, in particular.
“Removing the animal has a huge impact on land, water, greenhouse gases, not to mention the factory farming,” he told TechCrunch. “I identified that cheese is the worst. However, though people are keen on shifting their diet, when they try alternative products, they don’t like it.”
Tavakoli then went in search of a co-founder with a science background and met Anja Leissner, whose background is in biotechnology and food science. Together they started Stockeld in 2019.
Pär-Jörgen Pärson, general partner at Northzone, was an investor in Videoplaza and said via email that Stockeld Dreamery was the result of “the best of technology paired with the best of science,” and that Tavakoli and Leissner were “using their scientific knowledge and vision of the future and proposing a commercial application, which is very rare in the foodtech space, if not unique.”
The company’s first product, Stockeld Chunk, launched in May, but not without some trials and tribulations. The team tested over 1,000 iterations of their “cheese” product before finding a combination that worked, Tavakoli said.
Advances in the plant-based milk category have been successful for the most part, not necessarily because of the plant-based origins, but because they are tasty, he explained. Innovation is also progressing in meat, but cheese still proved difficult.
“They are typically made from starch and coconut oil, so you can have a terrible experience from the smell and the mouth feel can be rubbery, plus there is no protein,” Tavakoli added.
Stockeld wanted protein as the core ingredient, so Chunk is made using fermented legumes — pea and fava in this case — which gives the cheese a feta-like look and feel and contains 30% protein.
Chunk was initially launched with restaurants and chefs in Sweden. Within the product pipeline are spreadable and melting cheese that Tavakoli expects to be on the market in the next 12 months. Melting cheese is one of the hardest to make, but would open up the company as a potential pizza ingredient if successful, he said.
Including the latest round, Stockeld has raised just over $24 million to date. The company started with four employees and has now grown to 23, and Tavakoli intends for that to be 50 by the end of next year.
The new funding will enable the company to focus on R&D, to build out a pilot plant and to move into a new headquarters building next year in Stockholm. The company also looks to expand out of Sweden and into the U.S.
“We have ambitious investors who understand what we are trying to do,” Tavakoli said. “We have an opportunity to think big and plan accordingly. We feel we are in a category of our own in a sense that we are using legumes for protein. We are almost like a third fermented legumes category, and it is exciting to see where we can take it.”
Eric Archambeau, co-founder and partner at Astanor Ventures, is one of those investors. He also met Tavakoli at his former company and said via email that when he was pitched on the idea of creating “the next generation of plant-based cheese,” he was interested.
“From the start, I have been continuously impressed by the Stockeld team’s diligence, determination and commitment to creating a truly revolutionary and delicious product,” Archambeau added. “They created a product that breaks the mold and paves the way towards a new future for the global cheese industry.”
Amazon has rolled out India’s first celebrity voice feature on Alexa with the nation’s biggest movie star Amitabh Bachchan as the company makes a push to lure more users in the world’s second-most populated nation.
The company, which rolled out the voice of Samuel Jackson on Alexa in the U.S. in 2019, said users in India can add the Bollywood legend’s voice to their Echo devices (starting today) or Amazon shopping app (in a few weeks) for an introductory price of 149 Indian rupees ($2) a year.
The 78-year-old actor is providing Amazon with stories from his life, a selection of poems from his father, tongue twisters, and motivational quotes. Amazon customers can also ask Alexa to play music, set alarms, get weather updates and get answers in Bachchan’s signature style.
And the company will also apply neural speech technology to make Alexa sound like Bachchan regardless of the question, the company said. (Amit ji, remind me to ask you about Amazon’s antitrust situation in India later today.)
“Working with Amazon to introduce my voice on Alexa was a new experience in bringing together the magic of voice technology and artistic creativity. I am excited that my well-wishers can now interact with me via this new medium, and looking forward to hear how they feel about this,” said Bachchan in a statement.
A household name, Bachchan emerged as Bollywood’s top star in the 1970s playing characters who battled corruption. He has also done scores of advertisements for brands and initiatives from everything including hair oil to UNICEF-backed polio vaccination campaign.
The company announced its collaboration with Bollywood legend last year. But the pandemic forced Amazon’s engineering teams to work remotely for this project. There were also additional complexions. Globally, users can trigger Alexa with one-word wake alert. “Alexa, do this.” But in case of Bachchan, Amazon has introduce a two-word wake system to Alexa. “Amit ji.”
“At Amazon & Alexa, we consistently innovate on behalf of our customers and building the Amitabh Bachchan celebrity voice experience with one of India’s most iconic voices has been a labor of love. Creating the world’s first bi-lingual celebrity voice required us to invent & re-invent across almost every element of speech science – wake word, speech recognition, neural text-to-speech and more,” said Puneesh Kumar, Country Leader for Alexa, Amazon India, in a statement.
“While we are proud of the many India-first innovations and desi-delighters in this, it’s still Day 1 and we will continue to enrich this experience as science evolves.”
Late last year, Amazon launched support for two-way calling that worked with its Fire TV Cube devices. The feature allowed consumers to make and receive calls from their connected TV to any other Alexa device with a screen. Today, the company is expanding this system to enable support for two-way calling with Zoom.
Starting today, Fire TV Cube owners (2nd gen.) will be able to join Zoom work meetings or virtual hangouts via their Fire TV Cube.
To take advantage of the new feature, you’ll need Amazon’s Fire TV Cube, its hands-free streaming device and smart speaker that has Alexa built in, as well as a webcam that supports USB Video Class (UVC) with at least 720p resolution and 30fps. But for a better experience, Amazon recommends a webcam with 1080p resolution and a 60-90 degree field of view from 6 to 10 feet away from the TV. It doesn’t recommend 4K webcams, however.
Amazon suggests webcams like the Logitech C920, C922x, C310, or the Wansview 101JD, for example.
You’ll then connect your webcam to your Fire TV Cube using a Micro USB to USB adapter.
For best results, you’ll want to attach the webcam above the TV screen, Amazon notes.
Once everything is set up and connected, you’ll need to download and install the Zoom app from the Fire TV Appstore. When joining meetings, you can either sign in as a guest or use an existing Zoom account, per the on-screen instructions.
Thanks to the Alexa integration, you can join your meetings hands-free, if you prefer, by way of a voice command like “Alexa, join my Zoom meeting.” Alexa will respond by prompting you for the meeting ID and passcode. Alternately, you can choose to use the remote control to enter in this information.
An optional feature also lets you sync your calendar to Alexa to allow the smart assistant to remind you about the upcoming meetings it finds on your calendar. If you go this route, Alexa will suggest the meeting to join and you’ll just have to say “yes” to be automatically dialed in.
Amazon first announced it was bringing video calling support to its Fire TV platform last fall — a significant update in the new era of remote work and schooling, driven by the pandemic. However, it’s not the only option on the market. Google also last year brought group video calls to its Hub Max devices, and later added support for Zoom calls. Meanwhile Facebook Portal devices have offered video calling of a more personal nature, and last year updated to support Zoom, too.
In other words, Amazon is playing a bit of catch-up here. And its solution is a little more unwieldy as it requires consumers to buy their own webcam, while something like Portal TV offers a TV with a smart camera included.
To use the new feature, you’ll need the latest Fire TV Cube software update to get started, Amazon notes.
Amazon is giving its Alexa voice platform a shot in the arm after seeing further declines in skill growth over the past year, indicating lagging interest from third-party voice app developers. At the company’s Alexa Live developer event today, the company announced a slew of new features and tools for the developer community — its largest release of new tools to date, in fact. Among the new releases are those to encourage Alexa device owners to discover and engage with Alexa skills, new tools for making money from skills, and other updates that will push customers to again make Alexa more a part of their daily routines.
The retailer’s hopes for Alexa as voice shopping platform may have not panned out as it had hoped, as only a sliver of Alexa customers actually made Amazon.com purchases through the smart speakers. However, the larger Alexa footprint and developer community remains fairly sizable, Amazon said today, noting there are “millions” of Alexa devices used “billions of times” every week, and over 900,000 registered developers who have published over 130,000 Alexa skills.
However, Amazon hasn’t yet solved the challenge of helping customers find and discover skills they want to use — something that’s been historically difficult on voice-only devices. That’s improved somewhat with the launch of Alexa devices with screens, like the Alexa Show, which offers a visual component.
Image Credits: Amazon
On this front, Amazon says it will introduce a way for developers to create Widgets for their skills which customers can then add to their Echo Show or other Alexa device with a screen sometime later this year. Developers will also be able to build Featured Skill Cards to promote their skills in the home screen rotation.
For voice-only devices, developers will now be able to have their skill suggested when Alexa responds to common requests, like “Alexa, tell me a story,” “Alexa, let’s play a game,” or “Alexa, I need a workout,” among others. Alexa will begin to offer personalized skill suggestions based on customers’ use of similar skills, while new “contextual discovery” mechanisms that will allow customers to use natural language and phrases to accomplish tasks across skills.
Amazon also said it’s expanding the ways developers can get paid for their skills.
Already, it offers tools like consumables, paid subscriptions and in-skill purchases. Now, it will add support for Paid Skills, a new in-skill purchase that allows customers to pay a one-time fee to access the content a skill provides. It will also now expand in-skill purchases to India and Canada.
Amazon will attempt to leverage the developer community to drive sales on its retail site, too. With new Shopping Actions, developers can sell Amazon products in their skill. For example, a role-playing game could suggest customers buy the tabletop version, as sci-fi game Starfinder does. Developers can also earn affiliate revenue on their product referrals.
Music and media skill developers will be able to use new tools for more entertaining experiences, like a Song Request Skill that DJs can use to take song requests via Alexa, which iHeartRadio will adopt. Others will shorten the time it takes for Radio, Podcast and Music providers to launch interactive experiences.
Other new features aim to make skills more practical and useful.
Image Credits: Amazon
For example, restaurants will gain access to a Food Skill API that will allow them to create pickup and delivery order experiences. A new “Send to Phone” feature will allow developers to connect their skill with mobile devices, and new event-based triggers and proactive suggestions will enable new experiences — like a skill that reminds users to lock their home when they are leaving. Amazon-owned Whole Foods will use these features for a curbside pickup experience arriving later this year, the company says.
Alexa replenishment support, which allows customers to reorder common household items like laundry detergent or batteries, will also expand to replacement parts to better tie in with other sorts of household and smart home devices. Thermostat makers Carrier and Resideo will use this to replenish air filters and Bissell will use this with its vacuum cleaners.
Menahile, safety device makers — like smoke, carbon-monoxide, and water leak detectors — will be able to tie into Alexa’s security system, Alexa Guard to send notifications to mobile devices.
Amazon is also introducing a set of new tools that make creating skills easier for developers, including the ability to use Alexa Entities, which is basically Amazon’s own set of general, Wikipedia-like knowledge. They’ll also gain access to new tools to aid with custom pronunciations plus the previously U.S.-only Alexa Conversations nature language feature (now in beta in Germany, developer preview in Japan, and live all English locales). A longer list of tools, detailed on Amazon’s announcement, focus on regional expansions of existing toolkits (i.e. AVS, ACK), and others that enable better interoperability with smart home devices — like those that allow for unique wake words, among others.
As more consumers embrace plant-based diets and sustainable food practices, Rise Gardens is giving anyone the ability to have a green thumb from the comfort of their own home.
The Chicago-based indoor, smart hydroponic company raised $9 million in an oversubscribed Series A round, led by TELUS Ventures, with existing investors True Ventures and Amazon Alexa Fund and new investor Listen Ventures joining in. The company has a total of $13 million in venture-backed investments since Rise was founded in 2017, founder and CEO Hank Adams told TechCrunch.
Though he began in 2017, Adams, who has a background in sports technology, said he spent a few years working on prototypes before launching the first products in 2019. Rise’s IoT-connected systems are designed to grow vegetables, herbs and microgreens year-round.
Customers can choose between three system levels and get started with their first garden for about $300.
There is a “kind of joyousness” in being able to grow something, but people are looking for assistance because they don’t want to get into a hobby that will become demanding or stressful, Adams said. As a result, Rise’s accompanying mobile app monitors water levels and plant progress, then alert users when it’s time to water, fertilize or care for their plants.
“People are paying attention to food, and they care about what they eat,” he added. “Then the global pandemic played a part in this, with people leaning into growing their own food.”
In fact, customers leaned into growing food so much that Rise Gardens saw its sales eclipse seven figures in 2020, and gardens sold out three times during the year. Customers purchased close to 100,000 plants and have harvested 50,000.
The company estimates it helped keep more than 2,000 pounds of food from being wasted and saved 250,000 gallons of water since launching in 2019.
The concept of an indoor farm is not new. Incumbents include AeroGarden, AeroGrow, which was acquired by Scotts-Miracle Gro last November, and Click & Grow. Rise is among a new crop of startups that have raised funds that include Gardyn.
However, Rise Gardens is differentiating itself from those competitors by making its gardens from powder-coated metals and glass and are designed to be a focal point in the room. It is also offering ways for people to experiment with their gardens.
“We wanted something that would be flexible because once you have mastered a hobby, you will get bored,” he added. “You can start at one level and they swap out tray lids to grow more densely. We have a microgreens kit you can add, or add plant supports for tomatoes and peppers. You can also build a trellis to vine snap peas.”
Adams will focus the Series A dollars into product development, inventory, manufacturing, expansion into new markets and building up the team, especially in the areas of customer service and marketing. Rise has about 25 employees and plans to bring on another eight this year.
In addition, Rise Gardens’ products will soon be available on Amazon — its first channel outside of its website. The company is also expanding into schools in what Adams calls “version 2.0” of the school garden.
When Rich Osborn, president and managing partner of TELUS Ventures, evaluated the indoor garden space, he told TechCrunch that Adams and his team rose to the top of the list because of their background, data experience and syndication with Amazon.
Not only was consumer demand there for these kinds of products, but the sustainability and social impact created from these kinds of investments couldn’t be overemphasized, he said.
Nishan Majarian, co-founder and CEO of TELUS Agriculture, said he sees a future where there is a spectrum of food growth, and crop management will be at the plant level.
“Ever since Climate Corp. was acquired by Monsanto, there has been a massive influx into agriculture to get to the next billion-dollar exit,” Majarian added. “Agrifood is the last segmented supply chain. Every crop is different, every market is different. That makes it local, complex and fertile soil — pun intended — for startups who get capital to solve those issues and scale.”
Dayna Grayson has been in venture capital for more than a decade and was one of the first VCs to build a portfolio around the transformation of industrial sectors of our economy.
At NEA, where she was a partner for eight years, she led investments in and sat on the boards of companies including Desktop Metal, Onshape, Framebridge, Tulip, Formlabs and Guideline. She left NEA to start her own fund, Construct Capital, that focuses exclusively on early-stage startups, with a portfolio that includes Copia, ChargeLab, Tradeswell and Hadrian.
It should come as no surprise, then, that we’re absolutely thrilled to have Grayson join us at TechCrunch Disrupt 2021 in September.
Grayson has more than proven that she has a keen eye for transformational technology. Desktop Metal went public in 2020 — she still sits on the board as chair of the compensation committee. Onshape, another NEA-era investment, was acquired by PTC in 2019 for a whopping $525 million. Framebridge was also acquired by Graham Holdings in 2020.
Grayson saw an opportunity to develop a venture brand more hyperfocused on the types of deals she was doing at NEA, which centered around manufacturing and digitizing industrial verticals. That’s where Construct Capital came in. It’s a $140 million fund helmed by Grayson and former Uber exec Rachel Holt.
At Disrupt, Grayson will serve as a Startup Battlefield judge. The Battlefield is one of the world’s most prestigious and exciting startup competitions. Twenty+ early-stage startups hop on our stage and present their wares to a panel of expert VC judges, who then grill the founders on everything about the business, from the revenue model to the go-to-market strategy to the team to the technology itself.
The winner walks away with $100,000 in prize money and the glory of being a Battlefield winner. Households names in tech have gotten their start in the Battlefield, from Dropbox to Mint.
Grayson joins plenty of other seasoned investors on the Battlefield stage, including Camille Samuels, Deena Shakir, Terri Burns, Shauntel Garvey and Alexa Von Tobel.
Disrupt 2021 goes down from September 21 to 23 and is virtual. Snag a ticket here starting under $100 for a limited time!
Scale co-founder and CEO Alex Wang joined us at TechCrunch Sessions: Mobility 2021 this week to discuss his company’s role in the autonomous driving industry and how it’s changed in the five years since its founding. Scale helps large and small AV players establish reliable “ground truth” through data annotation and management, and along the way, the standards for what that means have shifted as the industry matures.
Even if two algorithms in autonomous driving might be created more or less equal, their real-world performance could vary dramatically based on what they’re consuming in terms of input data. That’s where Scale’s value prop to the industry starts, and Wang explains why:
If you think about a traditional software system, the thing that will separate a good software system from a bad software system is the code, the quality of the code. For an AI system, which all of these self-driving vehicles or autonomous vehicles are, it’s the data that really separates an amazing algorithm from a bad algorithm. And so one thing we saw was that being one of the stewards and shepherds of high-quality data was going to be incredibly important for the industry, and that’s what’s played out. We work with many of the great companies in the space, from Aurora to Nuro to Toyota to General Motors, and our work with all of them is ensuring that they have really a solid data foundation, so they can build the rest of their stacks on top of it. (Time stamp: 06:24)