The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Agriculture
Windfall Bio secures $28m in Series A funding to advance methane capture technology
Windfall Bio, a provider of methane-to-value solutions, has closed a $28 million Series A funding round led by Prelude Ventures.
BioConsortia raises $15m in funding for advanced microbial solutions
US agricultural technology company BioConsortia has raised $15m in a funding round led by Otter Capital.
Ro-Gro unveils ‘industry-first’ B12-fortified pea shoots
UK vertical farming company Ro-Gro has unveiled the ‘very first’ pea shoots biofortified with vitamin B12, available this spring to retailers and hospitality.
Nestlé teams up with suppliers to support cocoa farming sustainability
Nestlé has launched two new projects, developed with suppliers Cargill and ETG | Beyond Beans, that will support the reforestation of degraded lands around cocoa farming communities.
African cocoa shortage sparks global chocolate crisis - Reuters
According to Reuters, four trading sources have reported that major cocoa plants in Ivory Coast and Ghana have halted or cut processing due to financial constraints in buying beans, potentially causing a significant increase in chocolate prices globally.
Costa Group transitions to new ownership with experienced consortium at helm
Costa Group has formally changed hands yesterday (26 February). The company was delisted from ASX earlier this month, paving the way for this transition.
Mars and Unreasonable Group partner to drive sustainability in food manufacturing
Mars has partnered with Unreasonable Group to introduce Unreasonable Food – an initiative that aims to improve food supply chain sustainability.
Jones Food Company opens second vertical farm
British vertical farming business Jones Food Company has opened its second vertical farm, JFC2, in Gloucestershire, UK.
FoodChain ID and ReSeed announce agri-food supply chain partnership
FoodChain ID has partnered with ReSeed to enhance transparency in the measurement and verification of sustainable practices in the agri-food supply chain.
ADM expands global regenerative agricultural efforts in Brazil
ADM has announced an important expansion of its global regenerative agriculture efforts with the launch of its programme in Brazil.
PepsiCo announces new agriculture accelerator projects
PepsiCo has announced the third year of its Positive Agriculture Outcomes (PAO) Accelerator, backing eight new innovation projects across nine countries.
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