Food-X

Food-X

Food-X is one of SOSV's business accelerator programs that focuses on food related startups.

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Edits on 12 February, 2020
Aime Anne Nisay
Aime Anne Nisay approved a suggestion from Golden's AI on 12 February, 2020 12:56 pm
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Some of the prominent companies under Food-X portfolio include KOJO: a plant-based jerky, Bite: self-ordering kiosks for food-service, Voix AIVoix AI: conversational commerce platform for restaurant ordering, and Moodbeli: easy-to-use and indulgent blends for wellness routines.

Edits on 4 February, 2020
Neelam Jhaveri
Neelam Jhaveri approved a suggestion from Golden's AI on 4 February, 2020 6:33 am
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The 14 weeks incubator program is for food startups in food tech, supply chain management, agriculture, packaged goods, or food as medicine. The application for the program is free and open to startup companies around the world. However, new companies require new ideas that do not compete with companies already under the Food-X portfolio. When selected, Food-X claims 8% of the company’s equity in exchange for funding, amenities and access to its growth network. Selected companies get up to $70,000 seed fund, co-working space in New York, mentorship with experienced food industryfood industry experts and entrepreneurs, and media exposure. Food-X will help members of the team re-locate to New York for the duration of the incubator.

Edits on 17 January, 2020
Mevludin Mešanović
Mevludin Mešanović approved a suggestion from Golden's AI on 17 January, 2020 5:41 am
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Some of the prominent companies under Food-X portfolio include KOJO: a plant-based jerky, Bite: self-ordering kiosks for food-service, Voix AI: conversational commerce platform for restaurant ordering, and MoodbeliMoodbeli: easy-to-use and indulgent blends for wellness routines.

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Dawson Sewell
Dawson Sewell edited on 3 January, 2020 2:45 pm
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Edits on 17 October, 2019
Niroj Manandhar"article update"
Niroj Manandhar edited on 17 October, 2019 12:07 pm
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Food-X

Food-X is one of SOSV's business accelerator programs that focuses on food related startups. Food X was founded by Sean O'Sullivan and Shen Tong on June 1, 2014.

Article

Food-X is a New York based international business incubator company for food-based startup ventures. The company is a member of SOSV, an accelerator venture capital and investment management firm based in New Jersey, USA. The company’s focus is startups trying to solve global challenges relating to food as health, sustainability, safety, supply chain efficiency, and transparency. Companies selected for their cohort gain access to startup capital, mentors, and a network of experienced entrepreneurs. As of 2019, the company has run nine cohorts with 47 companies under its portfolio. Food-X was among the Fast Company’s top ten most innovative companies in food sector in 2015.

Program

The 14 weeks incubator program is for food startups in food tech, supply chain management, agriculture, packaged goods, or food as medicine. The application for the program is free and open to startup companies around the world. However, new companies require new ideas that do not compete with companies already under the Food-X portfolio. When selected, Food-X claims 8% of the company’s equity in exchange for funding, amenities and access to its growth network. Selected companies get up to $70,000 seed fund, co-working space in New York, mentorship with experienced food industry experts and entrepreneurs, and media exposure. Food-X will help members of the team re-locate to New York for the duration of the incubator.

Some of the prominent companies under Food-X portfolio include KOJO: a plant-based jerky, Bite: self-ordering kiosks for food-service, Voix AI: conversational commerce platform for restaurant ordering, and Moodbeli: easy-to-use and indulgent blends for wellness routines.

Other Programs

Food-X also ran podcasts centered on the food industry and innovation, which has not been updated since 2018.

History

Sean O'Sullivan and Shen Tong founded Food-X on June 1, 2014, as one of SOSV's start up accelerator programs. Food-X focuses on incubating food related start up companies. Their business accelerator program is located in New York City, New York, and runs 14-weeks from September to December. Companies selected to participate in the Food-X accelerator program agree to exchange 7-10% of equity in their company in exchange for $50,000 and participation in their incubator program (worth $45,000) where they will have access to co-working spaces, mentors, and industry partners.

People

Name
Role
LinkedIn

Isabella Fantini

Office Administrator

Paul Monaghan

Analyst

Peter Bodenheimer

Program Director

Sean O'Sullivan

co-founderCo-founder

Shawn Broderick

General Partner

Shen Tong

co-founderCo-founder

Terry Romero

Program Manager

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Edits on 21 February, 2019
Melanie Manipula
Melanie Manipula approved a suggestion from Golden's AI on 21 February, 2019 2:11 am
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Dawson Sewell
Dawson Sewell approved a suggestion from Golden's AI on 16 February, 2019 2:55 pm
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Edits on 6 February, 2019
Baye Maniago
Baye Maniago approved a suggestion from Golden's AI on 6 February, 2019 9:16 pm
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Edits on 14 November, 2018
Jude Gomila"Approved suggestion from source: https://food-x.com"
Jude Gomila approved a suggestion from Golden's AI on 14 November, 2018 3:08 am
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Edits on 10 November, 2018
Carla Faraguna
Carla Faraguna approved a suggestion from Golden's AI on 10 November, 2018 12:27 am
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Sean O'Sullivan and Shen Tong founded Food-X on June 1, 2014, as one of SOSV's start up accelerator programs. Food-X focuses on incubating food related start up companies. Their business accelerator program is located in New York CityNew York City, New York, and runs 14-weeks from September to December. Companies selected to participate in the Food-X accelerator program agree to exchange 7-10% of equity in their company in exchange for $50,000 and participation in their incubator program (worth $45,000) where they will have access to co-working spaces, mentors, and industry partners.

Jude Gomila"Approved suggestion from source: https://food-x.com"
Jude Gomila approved a suggestion from Golden's AI on 9 November, 2018 11:40 pm
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Edits on 22 September, 2018
Dawson Sewell
Dawson Sewell edited on 22 September, 2018 8:15 pm
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Topic thumbnail

Food-X

A food business accelerator

Food-X is one of SOSV's business accelerator programs that focuses on food related startups. Food X was founded by Sean O'Sullivan and Shen Tong on June 1, 2014.

Article

Sean O'Sullivan and Shen Tong founded Food-X on June 1, 2014, as one of SOSV's start up accelerator programs. Food-X focuses on incubating food related start up companies. Their business accelerator program is located in New York City, New York, and runs 14-weeks from September to December. Companies selected to participate in the Food-X accelerator program agree to exchange 7-10% of equity in their company in exchange for $50,000 and participation in their incubator program (worth $45,000) where they will have access to co-working spaces, mentors, and industry partners.

People

Name
Role
Related Golden topics

Sean O'Sullivan

co-founder

Shen Tong

co-founder

Further reading

Title
Author
Link
Type

Food-X Reveals the 8 Startups Taking Part in its Latest Cohort - exclusive - AgFunderNews

Lauren Manning

Web

Edits on 9 July, 2018
Tianchang He
Tianchang He edited on 9 July, 2018 6:42 pm
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Food-X

A food business accelerator

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Tianchang He"Initial topic creation"
Tianchang He created this topic on 9 July, 2018 6:40 pm
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 Food-X

Food-X is one of SOSV's business accelerator programs that focuses on food related startups.

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