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

SlimFast is repositioning itself as a broader functional nutrition brand, with new owner Supreme investing £5 million in the UK business.

Lotus Bakeries has announced plans to invest at least €500 million in expanding global production capacity for its flagship Biscoff brand.

Meat giant JBS has partnered with Danantara Investment Management, an arm of Indonesia’s sovereign wealth fund, to establish a new joint venture that will manage JBS’ operations in Australia and New Zealand.

US food-tech company Plantible Foods has received a USDA-backed loan from X-Caliber Rural Capital to significantly expand production of its plant-based Rubi Protein ingredient.

Unifying Spirits has raised $2.238 million through a successful equity crowdfunding campaign.

Damm UK has acquired a stake in London-based Dalston’s Soda Co, making the soft drinks producer the first non-beer partner to join its Accelerator Programme at the Damm Eagle Brewery in Bedford.

Haricaman has opened its capital to Unigrains Iberia, which has acquired a minority stake in the business to support its next phase of growth.

Austrian dairy cooperative Berglandmilch is investing in expanding its quark and cream cheese production at its Aschbach site in Lower Austria.

Oxford-based agricultural biotechnology company Moa Technology has raised £22.2 million in a Series C financing round to advance its pipeline of herbicide technologies.

US organic drink mix brand Fave has raised $1 million in seed funding and secured a national retail launch at Sprouts Farmers Market.

Paranova is set to invest £20 million over the next five years to expand its fibre-based packaging operations.

Canadian superfood brand Organic Traditions has closed a $10.5m Series A funding round to support its expansion across the US and accelerate product innovation.