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

Global accelerator-VC Rockstart has announced the closing of its Agrifood fund at more than €22 million, exceeding its initial target.

Mondelēz International has reported 7.9% growth in Q1 net revenue to $7.24bn, and has witnessed improving performance in its emerging markets.

One of the fastest-growing mezcal brands in the US, Madre Mezcal, has raised $3m in a Series A funding round led by NYC-based venture capital studio, Room 9.

Dairy supply chain software provider, Milk Moovement, has raised $3.2m in funding to drive product development and support its international expansion.

Molecular spirits-maker Endless West has raised $21 million in Series B funding, bringing its total investment to date to $33.7 million.

Quantum Energy Squares are plant-based, coffee-infused energy bars with balanced macronutrients from fruits, seeds and nuts

US-based nut butter and snack brand Abby's Better has raised $1 million in a seed round, ahead of a Series A funding launch.

Functional shot brand Moju has raised £2.5m in a funding round led by Danone’s venture arm, marking Danone Manifesto Ventures' first UK-based investment.

ADM has agreed to pay $45m to settle price-fixing allegations levelled at its Golden Peanut division, according to The Wall Street Journal.

Oishii, a vertical farming startup based in New Jersey, has raised $50 million during a Series A funding round led by Sparx Group's Mirai Creation Fund II.

Budweiser Brewing Group has announced a more than £115m investment in its two major UK breweries to increase capacity and efficiency.

Keurig Dr Pepper has reported a net sales increase of 4.5% to $11.62bn in 2020, as performance of its coffee pods and branded soft drinks remained strong.