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

Mars has unveiled a new enterprise-level philanthropic initiative, the Mars Impact Fund, committing $85 million between 2025 and 2027.

Maazah, a Minneapolis-based food company that produces globally inspired dips and sauces for retail and foodservice, has raised $2m in a seed financing round.

The US Department of Agriculture will purchase up to $263 million in dairy and other agricultural commodities, with nearly $150 million directed at butter, cheese and milk.

Just Ice Tea has raised $9 million in Series B financing to accelerate national retail growth and product innovation, including the launch of Watermelon Lime White Tea and Peach White Tea.

Milliways, a UK-based plastic-free chewing gum brand, has secured $3m to expand its footprint in the US, underscoring growing investor confidence in sustainable, healthy confectionery.

Mö Foods has secured €2.4 million in a funding round led by Nordic Foodtech VC.

Heritable Agriculture has won a $5m Gates grant to develop AI-driven, climate-resilient crops for smallholder farmers in low- and middle-income countries.

FoodNerd, a Buffalo-based food startup focused on nutrient-dense snacks for toddlers, has closed a $7.5 million Series Seed round led by Selva Ventures.

Coco5, the coconut water brand backed by professional athletes, including basketball players Devin Booker and Charles Barkley, has closed a $10 million funding round as it looks to broaden its footprint beyond the traditional sports drink aisle.