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

Food-tech company Beyond Oil has raised CAD 10.64 million (approx. $7.67 million) through a brokered private placement to accelerate its global growth plans and support product distribution.

Farmley, a up-and-coming player in the healthy snacking space, has successfully completed a $42 million Series C funding round led by L Catterton.

The PepsiCo Foundation has initiated a new programme called VivaOliva, aimed at assisting smallholder olive oil farmers in Jaén, Spain, in adopting regenerative agricultural practices.

The Ryl Company, owner of functional iced tea brand Ryl Tea, has secured $15m in Series B funding to fuel its innovation and expansion across the US.

US-based RTD sparkling soju brand Hello Soju has announced the closing of a $6.8m funding round, set to accelerate the brand’s innovation.

Starday, a US-based, AI-driven food innovation company, has successfully completed an $11 million Series A funding round.

Fiberdom has secured €3.5 million in funding to accelerate the development and scaling of its plastic-free wood fibre material.

Brevel, a climate food-tech company specialising in microalgae protein, has successfully expanded its seed funding round to a total of $25m.

80 Acres Farms has announced the successful raise of $115m in capital, alongside the acquisition of Israeli biotech firm Plantae Biosciences