An infusion of $10.5m in seed funding will accelerate the consumer life sciences company GEM’s mission to overhaul the $140.3b supplement market by replacing “reductionist” pills, tablets and candies with whole food bites designed to improve the health...
Target has expanded its private label offering with the launch of Good & Gather Plant Based, responding to soaring demand for plant-based products from customers, said the retailer.
SnackFutures, Mondelēz International's innovation and venture hub, has selected nine well-being snack brands to participate in its inaugural CoLab startup engagement program.
Benson Hill, a crop improvement company which has developed an ultra-high protein soybean variety, will become a publicly traded company through a SPAC (special purpose acquisition company) transaction with Star Peak Corp II.
Synergy Flavors (part of Carbery Group) has acquired savory flavor and ingredient supplier, Innova Flavors, from Griffith Foods Worldwide, ramping up its savory product development of plant-based alternatives.
Beyond Meat posted a 11.4% increase in net revenues to $108.2m in the first quarter (ended April 3) and a net loss of $27.3m, with solid growth in retail (+45% to $81.025m) dented by declines in foodservice (-34% to $27.139m), although execs say they’re...
Ingredients giant DSM has teamed up with San Diego-based startup Debut Biotech to explore the potential of its ‘cell-free’ biomanufacturing platform, a next-generation manufacturing process it claims could unlock new opportunities to biosynthesize a far...
BrightFarms has opened its latest indoor farm in Hendersonville, North Carolina, capable of producing 2 million pounds of lettuce per year in the Southeast US region which currently has limited options for indoor-grown leafy greens on store shelves, says...
Copper Cow Coffee, a sustainably-focused Vietnamese coffee company known for its single-serve pour-over format and natural creamers, closed its Series A financing round of $8.5m, which it plans to put towards rolling out new products beyond pour-over...
Pete and Gerry’s Organics’ decision announced yesterday to sell a majority stake of the family-owned free-range and pasture-raised egg business to the private equity firm Butterfly may be “unsettling” to some, acknowledges the CEO, but he says it will...
TerViva – a California-based firm seeking to commercialize ingredients from low-input, high-yielding Pongamia trees – aims to have commercial quantities of 'golden buttery' oil available by mid-2022, with ‘highly soluble’ protein isolates to...
Mondelēz International is continuing to see healthy demand for its core snacking brands, proving that industry-wide sales spikes for packaged, shelf-stable products were more than just a COVID-inspired blip, said chairman and CEO Dirk Van De Put.
As last year’s sober-curious, zero-proof alcohol movement took off, with some consumers seeking to cut down their alcohol consumption, global ingredient supplier Kerry experienced a surge in demand for its Botanical Collection ZERO portfolio of distillate,...
The next iteration of the Beyond Burger - featuring 35% less saturated fat and 75% more iron than 80/20 beef burgers, a comparable level of B vitamins, and a meatier flavor – will hit grocery stores next week and restaurants in June, with a leaner version...
