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

Mondelēz has announced the launch of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore.

Valio is investing over €60m to upgrade its Finnish cheese production plant, which includes expanding existing facilities and replacing outdated equipment.

High Liner Foods Incorporated has announced a $10 million investment in Andfjord Salmon Group, a sustainable salmon aquaculture company based in Norway.

Danone has announced a €70m investment in its first French production line for medical nutrition.

Peakbridge Growth Fund II has announced its official closure valued at $187m, pushing its total assets under management to over $250m.

Le Duff’s bakery subsidiary Bridor has invested €200m in a new production site near Salt Lake City, in Utah, US.

Pepper, an e-commerce platform for food distributors, has closed a $30m Series B funding round led by ICONIQ Growth.

Gallo has entered the beer category through a strategic investment with the founders of Montucky Cold Snacks.

Infant nutrition firm ByHeart has secured $95m in financing to support its continued US commercial launch and innovation pipeline.

Canadian clean-tech start-up Relocalize has closed a CAD 5.8m (approx. $4.26m) seed funding round to expand its autonomous micro-factory platform.

PepsiCo has announced plans to invest £8m in its Pipers Crisps manufacturing site in Brigg, Lincolnshire, UK, to meet growing demand.

Six months since its launch, UK-based dairy brand All Things Butter has closed a seed funding round totalling £2.2m.