Food Revolution: Unabated Growth In Online Food Delivery

HelloFresh, the leading German online mealkit provider, just pre-announced impressive figures for Q3 with revenue expected up 120% to around EUR970m (vs. EUR836m initial guidance) and EBITDA expected to rise 7x to around EUR115m (vs. EUR73m initially). The company raised its full-year guidance accordingly, now forecasting 95%-105% revenue growth vs. 75%-95% previously. The read-across is…

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Food Revolution: Digitizing The Restaurant Industry

Restaurant closures, bankruptcies, reopenings with restrictions… The restaurant industry has had a pretty rough time, to say the least. And things should remain difficult in the foreseeable future as Covid-19 doesn’t seem in a hurry to go away. In spite of this adverse environment, we have been investing in various restaurant software names since day…

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Fintech: Brazilian Fintech In The Spotlight

We have built a material exposure to Brazilian Fintech names over recent months, considering that Brazil was likely to accelerate its digital shift as it was and still is one of the most severely pandemic-hit countries. The bet is paying off as confirmed last night by the impressive Q2 metrics reported by StoneCo, which offers…

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Food Revolution: Urban Farming On The Rise

After more than 20 years covering the Technology and Innovation space, we didn’t think we would one day spend some time researching companies offering lawn and garden products… Here we are, investing in the Scotts Miracle-Gro, a US company that spotted the hydroponic trend at an early stage and became, through its Hawthorne division, the…

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Food Revolution: Rising Concerns About Meat Safety To Put The Spotlight On Plant Proteins And Safety & Tracking Technologies

The disruption of the global meat supply chain, which started a couple of weeks ago in the US with the Covid-related closure of meat processing facilities, intensified in recent days. Over the weekend, China’s customs suspended imports of poultry products from a Tyson meatpacking facility which was a coronavirus cluster. This move followed the discovery…

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Food Revolution: Plant-based Meat Frenzy Is Here To Stay

While it was already on an upward trajectory, consumption of plant-based meat recorded a major acceleration during the pandemic with Nielsen estimating that sales of fresh meat alternatives in the US were up 240% year-on-year over the March-May period. The disruption in the traditional meat processing industry clearly helped: some of America’s largest processing plants…

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Digital Security: Cybersecurity On Steroids!

Back in April, we commented that a new generation of cloud-native cybersecurity companies (Zscaler, Okta, CrowdStrike…) was likely to disrupt the actual leaders (Check Point, Palo Alto…). Clearly, the accelerated digitization of the economy in the last couple of months helped them deliver on our expectation, with several players reporting impressive earnings last week and…

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