The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
The Original Baker expands production capacity with multi-million pound investment from Olidor Group
The Original Baker has announced a significant expansion at its North Malton, UK, facility, bolstered by a multi-million pound investment from Olidor Group.
The Protein Brewery raises €30m to fuel mycoprotein ingredient innovation
The Protein Brewery, a Dutch start-up innovating in fungi-based ingredients, has successfully closed a €30 million Series B funding round.
Revyve secures €24m to scale yeast-based egg alternatives
Revyve has raised nearly €24 million in Series B financing to accelerate the rollout of its functional yeast proteins, designed to replace eggs and additives in mainstream food categories.
Time-Travelling Milkman raises €2m to support launch of Oleocream solution
Dutch start-up Time-Travelling Milkman has secured €2 million to accelerate the commercialisation of its Oleocream solution, designed to enhance creaminess in plant-based and hybrid dairy products.
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.
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