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The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Standing Ovation secures $34.2m to scale precision-fermented dairy proteins
French food-tech company Standing Ovation has raised $34.2 million (€30 million) in Series B funding to accelerate the commercialisation of its precision-fermented dairy proteins.
Apr 1
Fonterra completes mainland group sale to Lactalis
New Zealand dairy giant Fonterra Co-operative Group has completed the sale of its global consumer and associated businesses, collectively known as Mainland Group, to French dairy multinational Lactalis.
Mar 31
Cargill expands Malaysia plant with new speciality fats line
Cargill has expanded its edible oil plant in Port Klang, Malaysia, adding a new speciality fats production line as part of a multi-million-dollar investment aimed at strengthening its global food solutions offering.
Mar 31
Mars Snacking expands Chicago HQ with $100m investment
Mars Snacking has announced a major expansion of its global headquarters in Chicago, a move set to create more than 600 new jobs.
Mar 30
Coca-Cola targets water security in Tanzania with $1.94m investment
The Coca-Cola system in Tanzania is investing $1.94 million to support the restoration of the Ruvu Basin, a key water source for Dar es Salaam and surrounding regions.
Mar 27
Cauldron Ferm raises $13.25m in Series A2 funding round
Australia-based biomanufacturing company Cauldron Ferm has secured $13.25 million in a Series A2 funding round, bringing its total funding to $26 million.
Mar 26
French plant-based cheese producer Jay&Joy raises €2m to fuel growth
French plant-based cheese producer Jay&Joy has raised €2 million in funding to support its growth in the UK and Europe.
Mar 26
Coca-Cola commits $650m to expand Fairlife dairy production in Michigan
The Coca-Cola Company has announced a $650 million investment to scale operations at its Fairlife facility in Coopersville, Michigan.
Mar 25
Chobani to invest $567m in US expansion of La Colombe RTD coffee facility
Chobani is investing $567 million to expand its La Colombe ready-to-drink (RTD) coffee facility in Norton Shores, Michigan, as demand for RTD lattes continues to grow.
Mar 25
Pilgrim’s Europe invests in pork innovation with new Centre of Excellence
Pilgrim’s Europe has opened a new Pork Centre of Excellence at its Bromborough, UK site, marking a £350,000 investment aimed at accelerating product development and strengthening innovation across its pork division.
Mar 24
Foreverland raises €6m to expand cocoa-free chocolate internationally
Italian start-up Foreverland has raised €6 million in funding to support the international expansion of its cocoa-free chocolate alternative, Choruba.
Mar 24
Eternal.Ag secures €8m to scale autonomous greenhouse harvesting
Eternal.Ag has raised €8 million in fresh funding to accelerate the development and deployment of its AI-powered autonomous harvesting robots.
Mar 23
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