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Giving Compass' Take:
• The New Food Economy writes on how Mount Sinai Ventures, and other of America’s hospital networks, are beginning to fund and invest in meal delivery services.
• How can donors help fund and draw attention to innovative food system start ups?
What do restaurateur David Chang, reality television personality Jonathan Cheban, and New York’s Mount Sinai hospital network have in common? All three have taken a crack at penetrating the volatile world of meal-delivery startups—with varying degrees of success.
Chang’s service, a delivery-only restaurant called Ando, shuttered last year after two years of operation. Cheban, known for his popular @foodgod Instagram account and affiliation with the Kardashian family, launched a pre-made meal delivery service called Prepped in 2016, which is still going strong. And Mount Sinai? Its investment arm has just participated in a third round of funding for Epicured, a startup selling pre-made meals that adhere to a specialized diet said to alleviate symptoms of digestive disorders like irritable bowel syndrome and Crohn’s disease.
Read the full article about hospitals investing in food delivery by Jessica Fu at The New Food Economy