The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Cadootz! raises over $3m to scale children’s snack brand
Emerging kids’ snack brand Cadootz! has raised more than $3 million in seed funding as it looks to scale distribution and expand its footprint in the competitive better-for-you snacking category.
Ambienta backs plant-based dairy producer The Bridge to accelerate European growth
European sustainability-focused investor Ambienta has acquired a majority stake in Italian plant-based dairy specialist The Bridge for an undisclosed sum.
Tetra Pak expands US innovation footprint with new Denton product development hub
Tetra Pak has broken ground on a major expansion of its Product Development Center at its North American headquarters.
Coca-Cola system to invest $1bn in South Africa by 2030
The Coca-Cola system in South Africa plans to invest ZAR 17.6 billion (approx. $1 billion) in the country by 2030.
Sensient Food Colors launches major US expansion to meet shift away from artificial additives
Sensient Food Colors has begun a significant expansion of its flagship natural colours facility in St. Louis, Missouri, as part of a broader $250 million investment.
Standing Ovation secures $34.2m to scale precision-fermented dairy proteins
French food-tech company Standing Ovation has raised $34.2 million (€30 million) in Series B funding to accelerate the commercialisation of its precision-fermented dairy proteins.
Fonterra completes mainland group sale to Lactalis
New Zealand dairy giant Fonterra Co-operative Group has completed the sale of its global consumer and associated businesses, collectively known as Mainland Group, to French dairy multinational Lactalis.
Cargill expands Malaysia plant with new speciality fats line
Cargill has expanded its edible oil plant in Port Klang, Malaysia, adding a new speciality fats production line as part of a multi-million-dollar investment aimed at strengthening its global food solutions offering.
Mars Snacking expands Chicago HQ with $100m investment
Mars Snacking has announced a major expansion of its global headquarters in Chicago, a move set to create more than 600 new jobs.
Coca-Cola targets water security in Tanzania with $1.94m investment
The Coca-Cola system in Tanzania is investing $1.94 million to support the restoration of the Ruvu Basin, a key water source for Dar es Salaam and surrounding regions.
Cauldron Ferm raises $13.25m in Series A2 funding round
Australia-based biomanufacturing company Cauldron Ferm has secured $13.25 million in a Series A2 funding round, bringing its total funding to $26 million.
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