The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Sustainable food tech company Hyfé raises $2m in funding
Sustainable food-tech company Hyfé Foods has secured $2m in a pre-seed funding round led by venture capital firm The Engine.
Cultivated meat company Evolved Meats secures CAD 2m in funding
Canadian biotechnology start-up, Evolved Meats, has raised CAD 2m (approx. $1.6m) in a seed funding round led by packaged meat company Maple Leaf Foods.
Mashgin raises $62.5m in Series B funding round
Mashgin, developer of an AI-powered touchless self-checkout system, has raised $62.5m in a Series B funding round led by venture capital firm NEA.
No-added-sugar brand Good Good secures $20m in funding
Icelandic no-added-sugar brand, Good Good, has announced the closing of a $20m Series B funding round, led by private equity group SÍA.
Molson Coors upgrades Aspall Cyder facility with $16m investment
Molson Coors-owned apple cider brand, Aspall Cyder, has invested $16 million to upgrade its 300-year-old facility in Suffolk, UK.
Tomorrow Farms raises $8.5m in seed funding round
US food tech start-up, Tomorrow Farms, has raised $8.5m in a seed funding round led by Lowercarbon Capital, a climate tech-focused fund.
Snack brand Three Farmers Foods receives CAD 6.2m investment
Whole roasted bean snack brand, Three Farmers Foods, has closed a CAD 6.2 million equity investment round led by District Ventures Capital.
Lemon Perfect secures $31m in Series A funding round
US water brand Lemon Perfect has closed a $31m Series A funding round, which featured participation from singer Beyoncé Knowles-Carter.
Upside Foods raises $400m in Series C funding round
Cultivated meat company Upside Foods has secured $400m in a Series C funding round – an investment that will help it scale up production.
A Shoc Energy raises $29m in Series B funding round
US energy drink brand A Shoc Energy has raised $29m in a Series B funding round, to support its growth and increase consumer awareness.
Vertical Harvest secures $8.35m in Series A funding
US vertical farming company Vertical Harvest has closed an $8.35m Series A funding round, led by Nicoya and Raiven Capital.
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