News & Analysis on Food & Beverage Development & Technology
Boulder-based spicy chai tea brand Bhakti has raised $5.1m in a Series B financing round led by accelerator Cleveland Avenue with participation from another unnamed strategic investor, the Colorado Impact Fund and other existing investors.
Sales of plant-based meats in the US have risen 6% year-on-year, according to new data from Nielsen, the Plant Based Foods Association and The Good Food Institute.
Boulder-based MycoTechnology has raised $35m in a series B financing round from a flurry of high profile investors* from Kellogg’s Eighteen94 Capital to Bunge Ventures and inked a strategic partnership with a leading player in the natural products...
New research published by the Organic Trade Association connecting parenting to increased organic purchases suggests sales of organic could see a significant boost in the coming years as more millennials, many of whom already favor organic, have children.
Allergy-friendly baked goods brand Mikey’s has teamed up with innovation and scale-up specialist Factory LLC, which will invest $5m in two tranches to help founder Mike Tierney scale the business and build a better-for-you product platform potentially...
The deadline for compliance with the new-look Nutrition Facts panel is likely to be early 2020, 18 months after the original July 26, 2018, compliance date, according to FDA commissioner Scott Gottlieb.