Mondelez International Snack Futures was a sponsor of Seeds & Chips Milan, and hosted together with FoodTank a Sustainable Snacking Pitch Competition.
In addition Gil Horsky had the privilege to join a panel about the topic of Open Innovation in the Food Industry. Gil was joined in the panel by: Alex Bastos from Givaudan, Francesco Iervolino from Deloitte, Nadav Berger from PeakBridge Partners and others.
When the term ‘Open Innovation’ was first introduced, it was a revolutionary response to what had until that time been an unquestioned system of proprietary knowledge and internal development that seemed to be a fundamental aspect of modern capitalism. Now, open innovation has gained ground and is quickly becoming the preferred method for even the most traditional companies to gain an edge. Investors are turning their attention to these platforms and looking to push open innovation even further into the future to maximize their returns. In this panel, some of the most prolific global companies and investors in food and ag tech will talk about how their opinions have changed, and how their practices and investments have followed suit.
The panel was covered by local media outlets:
https://thefoodmakers.startupitalia.eu/64162-20190506-food-innovation-a-milano-apre-i-battenti-seedschips
https://www.wired.it/economia/business/2019/05/07/foodtech-startup/