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

Yeastup, a Swiss yeast-based ingredients company, has raised CHF 8.9m (approx. $9.9m) to support a new large-scale production site.

The company will dissolve Shanghai Yakult, a subsidiary of Yakult China, and transfer its sales operations to a newly established branch.

PepsiCo has announced ¡Ya Oaxaca! as the recipient of the $100,000 grand prize from its 2024 Greenhouse Accelerator.

Planet A Foods has closed a $30 million Series B equity funding round to support its international expansion.

Gavan Technologies has raised $8m in Series A funding to support commercialisation of its plant-based fat solution, Fatrix.

The Every Company has been awarded $2m from the US Department of Defense to explore US-based manufacturing.

The European Bank for Reconstruction and Development has announced an investment aimed at bolstering Mongolia's agribusiness landscape.

Sway and Umaro have been awarded a $1.5m US Department of Energy grant to accelerate innovation in sustainable seaweed-based bioplastics.

Unilever has completed a five-year transformation of its Burton food factory, establishing the site as a central hub for its UK condiments.

Americana and Farm Frites enter JV to construct a new $100m french fries manufacturing site in Saudi Arabia.

B’Zeos has successfully closed a seed funding round, bringing its total equity and grant funding to more than €5 million.

JBS has announced plans to invest $2.5bn in Nigeria over the next five years, including construction of six new factories.