The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

Anheuser-Busch has announced a new $7.4 million investment in its brewery in Los Angeles, California, to increase production of its Michelob Ultra beer and other brands.

The Original Baker has announced a significant expansion at its North Malton, UK, facility, bolstered by a multi-million pound investment from Olidor Group.

The Protein Brewery, a Dutch start-up innovating in fungi-based ingredients, has successfully closed a €30 million Series B funding round.

Revyve has raised nearly €24 million in Series B financing to accelerate the rollout of its functional yeast proteins, designed to replace eggs and additives in mainstream food categories.

Dutch start-up Time-Travelling Milkman has secured €2 million to accelerate the commercialisation of its Oleocream solution, designed to enhance creaminess in plant-based and hybrid dairy products.

Premier Foods, a player in the UK food sector, has announced a £19 million investment in its Ambrosia factory located in Lifton, Devon.

Canadian ice cream maker Chapman’s has invested more than $145 million into its manufacturing operations in Ontario, Canada.

PepsiCo and Unilever, alongside other key players in the retail and food and beverage sectors, have unveiled the 'Step Up for Agriculture' initiative.

Terra Oleo, a Singapore-based biotech firm, has emerged from stealth mode, with a $3.1m funding round backed by Breakthrough Energy Discovery.

Summ Ingredients has successfully raised €1.7 million in funding, with contributions from EIFO, BoxOne, and existing investors Kost Capital and Planetary Impact Ventures.

This investment builds on the €1.5bn that Mars has invested in EU manufacturing over the past five years, and reflects its focus on sustainability, resilience and innovation.

Protein Industries Canada, Maia Farms and Phytokana Ingredients are collaborating on a CAD 32.5 million (approx. $23.5 million) project to turn Canadian-grown fava beans into nutritious, sustainable ingredients for plant-based foods.