The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Springworks Farm raises $22m for aquaponic greenhouse expansion
Springworks has raised $22m through a combination of equity and debt as it looks to construct its fourth and largest aquaponic greenhouse.
Westons Cider announces £2m investment
UK-based cider maker Westons Cider will use the £2m investment to enhance its fruit pressing capacity and reduce energy consumption with new technology.
AB InBev’s Bavaria to invest $413m in new brewery
Local AB InBev brewer, Bavaria, has announced the construction of a new brewery in the municipality of Palmar de Varela in northern Colombia.
Top 10 funding and investment stories featured on FoodBev in 2022
While the pandemic caused disruptions in the F&B industry, 2021 still saw significant mergers & acquisitions. Below are the top ten M&A stories from FoodBev
EvodiaBio secures $6.4m to produce aroma through precision fermentation
EvodiaBio has raised $6.4m in its latest capital raise, in a bid to become a leader in sustainable aroma production in the food and beverage industry.
Coca-Cola Beverages Florida opens $10m facility
Coca-Cola Beverages Florida, an independent Coca-Cola bottler, has opened a new sales and distribution centre representing a $10.2m investment.
Quebec vertical farming company Winter Farm raises CAD 46m
Quebec-based Winter Farm has raised CAD 46m (approx. $34.3m) to strengthen its position in the vertical farming industry.
Asahi Group to launch start-up investment fund in US
Asahi Group Holdings has established an investment management company, Asahi Group Beverages & Innovation, in San Francisco, US.
KDP and Nutrabolt announce strategic partnership
Keurig Dr Pepper and Nutrabolt have announced a strategic partnership, including an agreement for a long-term sales and distribution arrangement.
GoodLeaf completes CAD 150m financing round for vertical farm expansion
GoodLeaf Farms has closed a CAD 150m (approx. $109.8m) financing round to support the expansion of its vertical farms across Canada.
Believer Meats breaks ground on US cultivated meat production facility
Believer Meats, formerly known as Future Meat Technologies, has begun construction of a 200,000-square-foot production facility.
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