The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Food
Microdrink producer Waterdrop raises €60m in funding
Austrian hydration company Waterdrop, developer of Microdrink cubes, has raised €60m in a Series B funding round led by Temasek.
Purely Elizabeth closes $50m Series B funding round
US natural food brand Purely Elizabeth has closed a $50m Series B financing round, which was backed by SEMCAP's newly launched food and nutrition division.
Upside Foods acquires cultivated seafood company Cultured Decadence
Upside Foods, formerly Memphis Meats, has announced its acquisition of Wisconsin-based cultivated seafood company Cultured Decadence.
Unilever announces launch of new Topped flavours
Unilever-owned Ben & Jerry's has unveiled two new additions to its Topped line, both of which feature a chocolatey ganache and chocolate cookie swirl.
Paulig acquires Spanish snack company Liven
Finnish food and beverage company Paulig has acquired Liven, as it aims to strengthen its position in the Tex-Mex and snacking markets in Europe.
Mondelēz posts 8% sales growth for 2021 after strong year for emerging markets business
Mondelēz has reported an 8% rise in full-year net revenue, but saw its Q4 gross margin squeezed by higher raw material and transportation costs.
TSUMo Snacks raises $4m in funding round
US cannabis-infused snacks start-up, TSUMo Snacks, has raised $4 million in a seed funding round led by investor Casa Verde.
Kencko looks to expand into new categories following funding round
Plant-based nutrition brand Kencko has raised $10m in Series A funding, as it looks to enter additional product categories.
Ball Corporation appoints Dan Fisher as CEO
Ball Corporation has announced the appointment of Dan Fisher, the current president of the packaging company, as its next CEO.
Vertical farming company Plenty secures $400m in funding
US vertical farming technology company, Plenty, has raised $400m in a Series E funding round, which included investment from retail giant Walmart.
Unilever unveils "remixed" versions of Magnum classic ice cream flavours
Unilever has expanded its Magnum ice cream brand with the release of the Magnum Remix range, a "remixed" version of its most popular flavours.
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