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

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Funding & Investments
Yakult to close Shanghai, China, plant

Yakult to close Shanghai, China, plant

The company will dissolve Shanghai Yakult, a subsidiary of Yakult China, and transfer its sales operations to a newly established branch.

Dairy
PepsiCo awards $100,000 to Mexican culinary brand ¡Ya Oaxaca!

PepsiCo awards $100,000 to Mexican culinary brand ¡Ya Oaxaca!

PepsiCo has announced ¡Ya Oaxaca! as the recipient of the $100,000 grand prize from its 2024 Greenhouse Accelerator.

Business
Planet A Foods raises $30m in Series B funding to accelerate international expansion

Planet A Foods raises $30m in Series B funding to accelerate international expansion

Planet A Foods has closed a $30 million Series B equity funding round to support its international expansion.

Funding & Investments
Gavan Technologies raises $8m to commercialise plant-based fat solution

Gavan Technologies raises $8m to commercialise plant-based fat solution

Gavan Technologies has raised $8m in Series A funding to support commercialisation of its plant-based fat solution, Fatrix.

Funding & Investments
The Every Company awarded $2m from US Department of Defense to support US biomanufacturing capabilities

The Every Company awarded $2m from US Department of Defense to support US biomanufacturing capabilities

The Every Company has been awarded $2m from the US Department of Defense to explore US-based manufacturing.

Funding & Investments
EBRD boosts APU Dairy expansion with $20m loan to enhance Mongolia's agribusiness sector

EBRD boosts APU Dairy expansion with $20m loan to enhance Mongolia's agribusiness sector

The European Bank for Reconstruction and Development has announced an investment aimed at bolstering Mongolia's agribusiness landscape.

Dairy
Sway and Umaro secure $1.5m Department of Energy grant to support innovation in seaweed solutions

Sway and Umaro secure $1.5m Department of Energy grant to support innovation in seaweed solutions

Sway and Umaro have been awarded a $1.5m US Department of Energy grant to accelerate innovation in sustainable seaweed-based bioplastics.

Funding & Investments
Unilever consolidates condiment production with £40m investment in UK factory

Unilever consolidates condiment production with £40m investment in UK factory

Unilever has completed a five-year transformation of its Burton food factory, establishing the site as a central hub for its UK condiments.

Food
Americana and Farm Frites expand MENA footprint with $100m investment

Americana and Farm Frites expand MENA footprint with $100m investment

Americana and Farm Frites enter JV to construct a new $100m french fries manufacturing site in Saudi Arabia.

Manufacturing
Seaweed packaging start-up B��’Zeos announces successful funding and partnerships

Seaweed packaging start-up B’Zeos announces successful funding and partnerships

B’Zeos has successfully closed a seed funding round, bringing its total equity and grant funding to more than €5 million.

Funding & Investments
JBS announces $2.5bn investment into Nigeria with six new meat plants

JBS announces $2.5bn investment into Nigeria with six new meat plants

JBS has announced plans to invest $2.5bn in Nigeria over the next five years, including construction of six new factories.

Funding & Investments
Coca-Cola Europacific Partners invests £42.3m in Wakefield, UK factory

Coca-Cola Europacific Partners invests £42.3m in Wakefield, UK factory

CCEP, the largest independent bottler of Coca-Cola, has unveiled plans for a £42.3m investment in its manufacturing facility in Wakefield.

Manufacturing
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