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

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Finance
Fourpure completes £2.5m expansion with new kegging and canning lines

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.

Finance
Coca-Cola posts 11% drop in 2020 amid pandemic pressure

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.

Beverage
Online Mexican grocer Jüsto raises $65m in funding

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.

Finance
Drop Bear secures £1.8m investment to build alcohol-free brewery

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.

Funding & Investments
Carlsberg’s alcohol-free success offset by on-trade declines in 2020

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".

Beverage
Fortified snack maker Frontier Nutrition raises $6m in financing

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.

Finance
Home-delivered meal firm WeCook closes $5.5m financing round

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.

Finance
Andina to merge with Stryve Foods in $170m deal

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.

Finance
Ukko secures $40m to develop food allergy solutions

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.

Food
Cultured meat start-up Mirai Foods secures $2.4m in funding

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.

Meat
Imperfect Foods secures $95m investment commitment

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.

Food
Beverage technology firm Bkon raises $3m in funding

Beverage technology firm Bkon raises $3m in funding

Bkon, creator of a patented extraction process for beverage production, has secured a $3m Series A investment led by GoodWest Industries.

Beverage
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