The Pillsbury maker is making a significant investment in its frozen dough plant in Joplin, Missouri, to meet increased demand for product innovation from foodservice customers, while its venture arm 301 Inc was among the raft of investors to support...
301 Inc – General Mills’ venture capital arm – is ploughing $15m into two early-stage women-led venture capital funds, which are on a mission to promote racial and gender equity and economic opportunities for women of colour (WOC) entrepreneurs.
“There's no way we could have launched 10 years ago in America,” observes Julian Dyer, stockbroker-turned chef, turned-founder of London-based Pots & Co, which is looking to make a splash this side of the Atlantic with his upmarket desserts.
Plant-based 'chef-inspired' food brand Kite Hill has closed a $40m capital raise led by General Mills' venture arm 301 INC. with participation from CAVU Venture Partners, which according to CEO Rob Leibowitz, will be put towards expanding...