FoodBev - Microbial protein company MicroHarvest has secured €8.5 million in a Series A funding round led by Astanor Ventures and Happiness Capital. The funding will support the commercialisation of MicroHarvest’s single-cell protein production process. The Hamburg-based start-up’s proprietary...
Net sales increased 4 percent to $4.7 billion; organic net sales1 were up 10 percent. Operating profit increased 29 percent to $1.1 billion; adjusted operating profit was up 8 percent in constant currency. Diluted earnings per share...
The ANINA pod is a complete meal made from vegetables that have been rejected for sale due to a less-than-perfect appearance—a major source of fresh produce waste. The new, convenient, ready to cook format is a single-size...
Rubix Foods, a leading culinary and food science-focused provider of flavor and functional ingredients for restaurants and food manufacturers, announced today the grand opening of its highly anticipated new Innovation Center. The 50,000-square-foot "facility of the future"...
Kate Farms, a producer of plant-based nutritional formulas, raised $75 million in a Series C funding round led by Novo Holdings, in addition to investors such as Goldman Sachs, Kaiser Permanente Ventures and Main Street Advisors. The...
Bunge (NYSE:BG) announced that it has agreed to sell its oilseed processing business in Russia to Karen Vanetsyan, the controlling shareholder of Exoil Group. The sale includes the sunflower processing plant in Voronezh. The completion of the...
Haifa, Israel - Start-up Meala FoodTech Ltd. is breaking new ground in cleaning up labels in meat analogs using veggie protein. Meala’s proprietary platform creates functionally activated proteins designed to replace 1:1 methylcellulose and other hydrocolloid and...
Primo Water Corporation has announced the acquisition of two French spring water companies, Eureau Sources and Defeaus. Founded in 1996, Eureau Sources is a specialist in packaging spring water in 5-gallon returnable bottles for refrigerated water coolers. Meanwhile, Defeaus...
FoodTech start-up BioBetter, Ltd., has secured USD10M in its A –round funding. The round was led by Jerusalem Venture Partners (JVP), with additional investment from Milk and Honey Investments, LLC, and the Israeli Innovation Authority (IIA). This...
Fueling the growing world population requires ensuring the supply of climate-friendly and ethically-produced proteins, new protein sources, and novel food production technologies. While many are starting to enter the plant-based food category globally, few companies are driving...
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