Investing & fundraising

Source: Morinaga America

Morinaga America revs up HI-CHEW production, opens second facility

By Deniz Ataman

Confection manufacturer Morinaga America, Inc., invested $130 million to construct its Mebane, N.C.-based facility to produce its flagship brand HI-CHEW, which has grown 20% year-over-year in the non-chocolate category over the past seven years, Teruhiro...

Meati raises $100m in funding, adds 2,000 retail locationss

Meati raises $100m in funding, adds 2,000 retail locations

By Deniz Ataman

Mycelium food maker Meati raised more than $100 million in Series C-1 funding "to help meet the growing demand for its products," and support its expansion into 2,000 Kroger Family Stores last month, bringing its retail footprint to more than...

Source: Getty/Rocky89

Join FoodNavigator-USA at a free editorial Webinar exploring plant-based protein

Plant-based 3.0: Industry insiders share strategies for pushing alternative proteins forward

By Elizabeth Crawford

After a challenging few years in which falling sales and units dragged plant-based protein into the trough of disillusionment, stakeholders are finding ways up the other side of the Gartner Hype Cycle by leveraging emerging technologies, novel ingredients...

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