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

PepsiCo has posted an 8.8% net revenue growth in its third-quarter results for 2022, and now expects its full-year organic revenue to increase by 12%.

Soli Organic has raised approximately $125m in a Series D funding round led by investment firms CDPQ and Movendo Capital.

Stellar Pizza, a mobile pizza restaurant powered by robots, has secured $16.5m in a funding round led by venture capital firm, Marcy Venture Partners. 

Dairy Farmers of America will receive a grant of up to $45m from USDA to reduce its methane emissions and develop low-carbon dairy products.

The Green Coffee Company has initiated a $100 million Series C funding round as it looks to expand its coffee production.

Doves Farm Foods, the UK-based cereal and baking ingredients business, has purchased the Wessex Mill flour brand from Clarks (Wantage).

Israeli food technology start-up, BioBetter, has secured $10m in a series A funding round led by Jerusalem Venture Partners.

Brown-Forman has reached an agreement to acquire ultra-premium gin brands Gin Mare and Gin Mare Capri from Vantguard and MG Destilerías. 

Kraft Heinz has entered into a definitive agreement to sell its business-to-business powdered cheese business to Kerry Group.

Campari has announced the closing of an agreement with Catalyst Spirits to acquire a 15% interest in Howler Head whiskey, with a route to total ownership.

Tyson Foods will invest $200m in its Amarillo, Texas, beef plant to expand and upgrade operations and enhance team member experience. 

Chamberlain Coffee, a coffee business created by YouTube star Emma Chamberlain, has raised $7m in a Series A funding round.