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

Biotechnology company Allozymes has secured $15m in a Series A funding round led by Seventure Partners of France and Xora Innovation of Singapore.

Nestlé has announced plans to invest BRL 1bn (approx. $193.97m) in Brazil by 2026 to strengthen its B2B and B2C presence in the country.

San Francisco, Bay Area-based start-up Voyage Foods has closed a funding round totalling $52m, bringing its total funding raised to $94m.

Ferrero North America has opened its first chocolate processing facility in North America, marking its third globally.

The recent investment round, which raised £3.5 million for Doughlicious, sets the stage for the company's continued growth and market expansion.

CP Kelco has finalised a second citrus fibre production line at its Matão, Brazil facility, reinforcing its capacity to meet heightened customer demand.

Supermarket giant Lidl GB has announced plans to invest £500m into the British pork sector to bolster the nation's pork industry.

PepsiCo has completed a new green energy initiative by installing photovoltaic panels at three sites in Romania: Dragomirești, Popești-Leordeni and Covasna.

Mission Foods Mexico plans to invest MXN 792m (approx. $46.3m) to build a new snack production plant and expand its existing corn and wheat tortilla facility in Puebla, Mexico.

IW Capital has announced a further £3m investment into Daily Dose, a UK-based cold-pressed juice and functional drinks company.

Windfall Bio, a provider of methane-to-value solutions, has closed a $28 million Series A funding round led by Prelude Ventures.

Full Glass Wine, a brand acquisition and management firm focused on acquiring DTC wine companies, has closed a $14m Series A funding round.