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

US agricultural technology company BioConsortia has raised $15m in a funding round led by Otter Capital.

PepsiCo is set to invest $400m in Vietnam to build two new plants fuelled by renewable energy, according to Reuters.

Nespresso plans to invest $20m in the Democratic Republic of Congo (DRC) by 2026 to support local coffee farmers' access to global markets.

UK-based vegan ready meal brand Shicken has received a further £4m cash injection from Veg Capital to scale up manufacturing capacity and fuel overseas expansion.

Mars has announced an over $70m investment in its Hackettstown, New Jersey, US, site to enhance innovation and manufacturing.

In a step towards its carbon reduction goals, Arla Foods Ingredients has announced plans to construct an electric heat pump at its Denmark processing plant.

Supermarket chain Aldi plans to invest more than £550m in expanding and further improving its store and distribution network throughout the year.

Infinite Roots, formerly known as Mushlabs, has announced the completion of its Series B funding round, securing a total of $58m.

UK-based biotech Fa Bio has secured a £5.3m investment from three EU venture capital firms, as well as existing shareholders and new private investors.

Heineken Mexico plans to invest €430 million in the establishment of a new brewery in Yucatán, aiming to expand sustainable brewing practices and foster community growth.

Heineken UK has announced it is investing £25m into its Manchester brewery to install heat pumps to reduce its carbon emissions.

Symrise has signed a minority investment agreement with Bonumose, a sugar alternatives specialist and inventor of enzyme solutions.