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

The Ryl Company, maker of the rapidly growing ready-to-drink iced tea brand Ryl Tea, has closed a $20 million Series C financing round.

Cargill has announced a €56 million investment programme to expand its edible oils, gourmet chocolate and R&D capabilities across Belgium.

Nomad Foods has announced a £2.2 million investment in a new potato waffle production line at its Lowerstoft facility.

Lune & Wild has secured £2 million in Series A funding to scale production, accelerate retail expansion and strengthen its position in the premium children’s nutrition market.

Food allergy charity Natasha’s Foundation has today announced the launch of Natasha’s Prize, a £10 million investment into global research to ‘create a future without food allergy’.

Raisio has secured €1.8 million in funding from Finnish innovation agency Business Finland to support a four-year research project aimed at developing functional fibre ingredients from grain processing side streams.

Food-tech company Phytolon has secured $23.6 million in Series B financing to accelerate the commercialisation of its fermentation-derived natural food colours.

Aldi has announced plans to commit more than £5 billion to long-term supplier agreements with British farmers and food producers.

The Melitta Group has announced plans to invest more than €100 million into its coffee production site in Bremen, Germany, as part of its long-term growth and internationalisation strategy.

The DMK Group has officially commissioned a new lactoferrin production facility at its Altentreptow site.

Arkay Zero Proof has announced plans to open a new production, bottling and labelling facility in Avignon, France, as part of its expansion into the European market.

Paranova Print and Packaging has officially unveiled what it describes as the UK’s new hub for fibre-based food-to-go packaging.