José Batista back in JBS president role
The board of directors of Brazilian processor JBS has unanimously elected José Batista Sobrinho, founder of JBS, as its president.
Archives for September 18, 2017
Revive Kombucha finds ‘evergreen path’ to growth with Peet’s Coffee partnership, $7.5M financing
Seeking an “evergreen path” to growth while still protecting its mission, Revive Kombucha gave a seat on its board of directors to a top executive at Peet’s Coffee, which also led a $7.5 million series B financing round for the brand, according to...
Sweet ambition: DouxMatok raises $8.1m to take sugar reduction technology to market
DouxMatok, the Israeli firm behind patented technology that makes sugar taste sweeter, has raised $8.1m in a funding round led by Israel’s largest VC fund, Pitango, with the participation of existing shareholders including Gil Horsky* and FoodLab Capital.
Ripple Foods seeks to disrupt plant-based yogurt category: 'Let's not mince words... some of these products are terrible'
Plant-based Greek-style yogurts from Ripple Foods – slated to hit the market by the end of this year – will have a higher protein content (12g/serving) and superior texture to brands currently on shelf, which have improved, but can still look...
Animal-based protein tops consumer choice, but plant-based options are rising fast, Nielsen finds
When it comes to meeting consumers’ growing demand for protein, animal-based products continue to reign supreme in the US and Canada for now – but plant-based options are gaining traction and hold significant sales potential, according to the market...