The authors of a 2019 report from RethinkX predicting that the US dairy and cattle industry would collapse by 2030 as microscopic microbial protein factories disrupt the food system as we know it were dismissed by some as living in a ‘vegan fantasyland.'...
With last week’s launch of the community building and mentoring organization Project Potluck, three food and beverage industry executives hope to improve access and diversity in the CPG industry by tackling fundraising limitations, networking gaps and...
Minnesota-based Revol Greens has closed a $68m funding round led by Equilibrium Capital -- bringing the company's total financing to $215m -- to launch a third lettuce greenhouse facility in Texas, which will bring its total annual output to 33 million...
As plant-based protein gains acceptance with mainstream consumers, manufacturers and investors are looking beyond the flash of new brands to consider the needs – and marketing opportunities – around services and ingredients that support increased production...
Cultured meat company Mosa Meat has closed a $55m (€47m) Series B funding round. FoodNavigator asks the start-up’s Head of Operations, Sarah Lucas, exactly how it plans to use the money.
Want to present your child-focused food or beverage launch, brand, or business in front of our expert panel at FoodNavigator-USA's virtual FOOD FOR KIDS summit in the fall? The deadline to enter our annual trailblazers challenge is Monday, September...
US per capita peanut consumption has risen to an all-time high of 7.6 pounds in 2020, up 3.2% on 2019 driven in part by increased demand for peanut butter and at-home snacking as food consumption has shifted towards the home during the coronavirus pandemic.
With most retail chains now stocking a wide selection of plant-based burgers, sausages, and grounds, retailers and investors are looking for areas of untapped opportunity in the plant-based meat space, says Berkeley-based startup Renegade Food, which...
Spiceology, Inc., a privately held, direct-to-consumer spice company, has closed a $4.7m round of financing led by retail and grocery executive Ty Bennett, with participation by the Cowles Company, Kickstart Funds III & IV, and angel investors to...
Brazi Bites, best known for its frozen gluten-free Brazilian-style cheese bread, is expanding its consumer reach by launching on Amazon and in 300 Walmart stores where the brand can tap into a new base of consumers, said co-founder and CMO, Junea Rocha.
Moving forward, Uncle Ben’s will be known as ‘Ben’s Original,’ says brand owner Mars Inc, which like several leading CPG players including PepsiCo (Aunt Jemima) and Conagra Brands (Mrs Butterworth’s), has been under pressure to address racial stereotypes...
Sophie’s Kitchen is heading to the frozen food aisle at 400 Walmart stores this month with vegan crab cakes and vegan breaded shrimp, in a move CEO Dr Miles Woodruff says provides a further proof point that plant-based seafood has the potential to move...
Daring Foods – a startup seeking to punch above its weight in the plant-based chicken category via a lower calorie product with a shorter, cleaner, ingredients list and bold branding – has closed an $8m Series A funding round led by VC firm Maveron, taking...
Looking back, spring 2020 was not the ideal time to debut in grocery retail, observes Planterra Foods CEO Darcey Macken, who was gearing up to make a splash in the plant-based meat set in mid-April with the OZO brand before a certain pandemic threw a...
