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Clean Food Group secures £4.5m to scale fermentation-derived oils production
UK biotech manufacturer Clean Food Group has raised £4.5 million in fresh investment to accelerate the scale-up of its fermentation-based oils and fats platform.
Cadootz! raises over $3m to scale children’s snack brand
Emerging kids’ snack brand Cadootz! has raised more than $3 million in seed funding as it looks to scale distribution and expand its footprint in the competitive better-for-you snacking category.
Ambienta backs plant-based dairy producer The Bridge to accelerate European growth
European sustainability-focused investor Ambienta has acquired a majority stake in Italian plant-based dairy specialist The Bridge for an undisclosed sum.
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.
Sauce and dip brand Maazah raises $2m seed round to support US retail expansion
Maazah, a Minneapolis-based food company that produces globally inspired dips and sauces for retail and foodservice, has raised $2m in a seed financing round.
USDA to buy $263m in dairy products, supporting butter and cheese markets
The US Department of Agriculture will purchase up to $263 million in dairy and other agricultural commodities, with nearly $150 million directed at butter, cheese and milk.