The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Finance
Fourpure completes £2.5m expansion with new kegging and canning lines
London-based craft brewing company, Fourpure, has completed its £2.5 million expansion, with new state-of-the-art kegging and canning lines.
Coca-Cola posts 11% drop in 2020 amid pandemic pressure
Coca-Cola has recorded a 11% decline in net revenue for the full-year, following ‘incremental pressure’ amid the pandemic during Q4.
Online Mexican grocer Jüsto raises $65m in funding
Mexican grocery delivery start-up Jüsto has secured $65m in funding, marking what it claims is the largest Series A round raised in Latin America.
Drop Bear secures £1.8m investment to build alcohol-free brewery
Drop Bear Beer Co. has secured a £1.8m equity investment to build what it says will be one of the world’s first dedicated alcohol-free breweries.
Carlsberg’s alcohol-free success offset by on-trade declines in 2020
Carlsberg has posted an 8.4% decline in organic revenue in its 2020 results, following significant impact to its on-trade channel amid a "challenging year".
Fortified snack maker Frontier Nutrition raises $6m in financing
Frontier Nutrition, a manufacturer of affordable fortified snacks for the Bangladesh market, has raised $6m in Series B financing.
Home-delivered meal firm WeCook closes $5.5m financing round
WeCook, a provider of home-delivered prepared meals, has raised CAD 7m ($5.5m approx.) in a financing round to accelerate its growth in Quebec and Ontario.
Andina to merge with Stryve Foods in $170m deal
Stryve Foods has entered into a merger agreement with Andina, in a move that will see the combined business become a public listed company valued at $170m.
Ukko secures $40m to develop food allergy solutions
Biotech company Ukko has raised $40m in Series B funding to help accelerate the development of healthier food and therapies for food allergies.
Cultured meat start-up Mirai Foods secures $2.4m in funding
Swiss start-up Mirai Foods has raised $2.4m in the first tranche of its seed round, to accelerate the commercialisation of its lab-grown meat.
Imperfect Foods secures $95m investment commitment
Imperfect Foods has received a commitment to fund $95m in a growth investment, as it seeks to continue expanding its direct-to-consumer grocery service.
- Page 20














