The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Sojo Industries secures $40m to scale modular packaging tech
Industrial automation firm Sojo Industries has raised $40 million in financing from S2G Investments to expand its modular robotic packaging systems and track-and-trace software.
Danone opens new $65m production line at Florida facility to boost creamer and coffee production
Danone North America celebrated the opening of a new $65m production line at its manufacturing facility in Jacksonville, Florida, this week.
Danone Canada invests $9m in PET yogurt cup production at Boucherville plant
Danone Canada has invested $9 million to begin manufacturing individual yogurt cups using polyethylene terephthalate (PET) at its Boucherville plant in Québec.
Harvest Group invests $500m into agricultural regeneration in Kazakhstan
Switzerland-based Harvest Group has committed $500 million to convert up to 300,000 hectares of pastureland into productive agricultural land across rural Kazakhstan.
Ence launches production of cellulose-based renewable packaging with €12m investment
Ence, a player in sustainable cellulose production and renewable energy, has launched its new range of cellulose-based packaging aimed at replacing traditional plastic in the food sector.
Fungu’it raises €4m to scale up fungi-based natural flavour production
French food-tech start-up Fungu’it has secured €4 million in funding to accelerate industrial-scale production of its natural flavourings made from agricultural by-products.
Sauz secures $12m investment to innovate the tomato sauce market
Sauz, a rapidly growing brand known for its innovative approach to tomato sauce, has announced the successful closure of a $12 million funding round led by Cavu Consumer Partners.
Grillo’s Pickles to open $54m facility in Indiana, US
Grillo’s Pickles has announced plans to open a new $54 million food manufacturing facility in Bartholomew County, Indiana, to support rising national demand.
Polysense secures €2m to transform food industry with AI solutions
Polysense, a Belgian technology start-up specialising in artificial intelligence (AI) for the food sector, has successfully raised €2 million in seed funding to enhance its innovative solutions aimed at reducing waste and improving efficiency in food production processes.
Treasury Wine Estates opens $9.8m ‘low and no’ winemaking facility in South Australia
Treasury Wine Estates has opened a new in-house facility, backed by an AUD 15m (approx. $9.8m) investment, dedicated to ‘low and no’ alcohol wine production in the Barossa Valley, South Australia.
Arla Foods invests €34.5m in new skyr production line in Sweden
Arla Foods is investing €34.5 million in a new skyr production line in Linköping, Sweden, to meet rising demand for the high-protein product.
- Page 4