The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Finance
Rapid grocery delivery start-up Gorillas secures nearly $1bn in funding
Instant on-demand grocery delivery company, Gorillas Technologies, has raised nearly $1bn in a Series C funding round led by Delivery Hero.
Flavorman invests $8.5m in new 'Beverage Campus'
Beverage development company Flavorman has broken ground on the site of its new beverage facility expansion in Louisville, US.
Dairy alternatives producer Ripple Foods secures $60m in funding
Plant-based dairy company Ripple Foods has raised $60m in a Series E funding round led by Rage Capital, Ajax Strategies and S2G Ventures.
Taylor Farms invests in Pure Green Farms
Taylor Farms has made an investment in Pure Green farms, which grows, packs and ships leafy greens year-round from its hydroponic farm in Indiana.
Grind raises £22m in investment round
London coffee brand Grind has announced it has raised £22 million ($30m) during an investment round led by entrepreneur Richard Koch.
Danone meets goal with a return to profitable growth in second quarter
Danone has reported a return to growth across all categories in the second quarter after posting a 6.6% net sales increase on a like-for-like (LFL) basis.
Mondelēz posts 12.4% sales growth as emerging markets rebound
Mondelēz International has witnessed 12.4% growth in Q2 net revenue and raised its full-year guidance, as sales in emerging markets continue to bounce back.
Coca-Cola revenues jump 42% in second quarter amid strong recovery
Coca-Cola has witnessed net revenues accelerate by 42% in the second quarter, driven by the ongoing recovery from the pandemic in several markets.
Non-alcoholic brewer Athletic Brewing Company secures $50m in funding
US non-alcoholic brewer, Athletic Brewing Company, has closed a $50m funding round to expand its brewing capacity in response to growing consumer demand.
Nestlé to invest $100m in frozen foods factory in South Carolina, US
Nestlé has announced plans to invest $100m into the expansion of its frozen foods facility in Cherokee County, South Carolina.
Baby and toddler food brand Tiny Organics secures $11m in funding
Tiny Organics has raised $11m in a Series A funding round, as it aims to increase consumer awareness of its baby and toddler food brand and expand its team.
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