The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Premier Foods invests £19m in Ambrosia factory in Devon, UK
Premier Foods, a player in the UK food sector, has announced a £19 million investment in its Ambrosia factory located in Lifton, Devon.
Chapman’s injects more than $145m into Ontario ice cream manufacturing operations
Canadian ice cream maker Chapman’s has invested more than $145 million into its manufacturing operations in Ontario, Canada.
PepsiCo, Unilever and others launch 'STEP Up for Agriculture' regen-ag initiative
PepsiCo and Unilever, alongside other key players in the retail and food and beverage sectors, have unveiled the 'Step Up for Agriculture' initiative.
Terra Oleo emerges from stealth with funding to transform palm oil and cocoa supply chains
Terra Oleo, a Singapore-based biotech firm, has emerged from stealth mode, with a $3.1m funding round backed by Breakthrough Energy Discovery.
Summ Ingredients secures €1.7m to launch multifunctional fermented protein category
Summ Ingredients has successfully raised €1.7 million in funding, with contributions from EIFO, BoxOne, and existing investors Kost Capital and Planetary Impact Ventures.
Mars to invest €1bn in EU manufacturing and innovation by 2026
This investment builds on the €1.5bn that Mars has invested in EU manufacturing over the past five years, and reflects its focus on sustainability, resilience and innovation.
Canadian businesses launch $23.5m project to develop new fava-based ingredients
Protein Industries Canada, Maia Farms and Phytokana Ingredients are collaborating on a CAD 32.5 million (approx. $23.5 million) project to turn Canadian-grown fava beans into nutritious, sustainable ingredients for plant-based foods.
Brainr secures €11m to drive digital transformation in food manufacturing
The investment marks the largest of its kind globally aimed at modernising sectors such as poultry, beef, pork and pre-cooked foods.
Mars Snacking and Unreasonable Group welcome new sustainable ventures cohort
The collaboration aims to address critical challenges within the food supply chain while promoting sustainability and resilience in food systems.
Finnish start-up Perfat Technologies raises €2.5m to revolutionise healthy fats
Perfat Technologies, a Finnish deep-tech startup, has secured €2.5 million in Series A financing to advance its innovative fat alternatives.
Kraft Heinz expands European tomato supply with energy-efficient plant
The Kraft Heinz Company has announced a significant enhancement to its European tomato supply chain with the launch of a new processing facility in Portugal.
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