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Food Venture Financing Trends - U.K.-based meat-free protein company Quorn secured £18 million from its Filipino parent company to position itself as a market leader in the meat-free food sector....more
Food Venture Financing Trends - Bengaluru-based functional food startup Lo! Foods raised $3.5 million in a Series B funding round to enhance operational capabilities and launch new product lines....more
Food Venture Financing Trends - Ferrero, the maker of Nutella, is purchasing WK Kellog for $3.1 billion looking to grow their North American presence....more
Food Venture Financing Trends - Branded egg producer Eggoz, based in India, raised $20 million in a Series C round to strengthen its market presence, expand into new locations, and invest in technology....more
Food Venture Financing Trends - Seattle-based craft beverage company, Jones Soda Co., sold its cannabis beverage business to MJ Reg Disrupters for $3 million....more
Butternut Box, a European dog food startup, announced that it raised 75 million Euros in debt funding. Verdi, a Canadian agtech startup, raised $6.5 million in its seed round....more
Food Venture Financing Trends - Chobani, a dairy giant, announced the acquisition of Daily Harvest, a US startup offering plant-based smoothies, snacks, protein products and ready meals....more
Food Venture Financing Trends - Rebel Foods, an India-based cloud kitchen startup, announced that it raised $25 million from Qatar Investment Authority....more
First Water, a salmon farming startup, has raised $43 million in its latest funding round, facilitating its efforts to develop a system that supports seafood production while minimizing environmental impact. INTAKE, a B2C...more
Hershey announced that it plans on acquiring LesserEvil, a better-for-you popcorn brand, for approximately $750 million. GrubMarket, a San Francisco based food logistics company, has raised $50 million in funding to...more
Chef Robotics, an AI-Robotic systems for meal assembly in food manufacturing plants, announced that it raised $43.1 million in its Series A round....more
Food Venture Financing Trends - PepsiCo announced that is plans to acquire Poppi, a prebiotic soda brand, for $1.95 billion, which includes $300 million in tax benefits....more
Food Venture Financing Trends - Inari, a seed gene-editing company, raised $144 million in its Series G round....more
M&A is proving popular with companies looking to reinvigorate their portfolios and adapt to shifting consumer demands - The North American food sector is experiencing a period of transition. Large food producers benefited...more
Food Venture Financing Trends - DouxMatok, a foodtech company that develops sugar reduction products, announced that it raised $30 million in its Series C round....more
Food Venture Financing Trends - Momofuku Goods, a pantry essential brand, announced that it raised $17.5 million in its Series A round. The company plans to use the funds to increase its product offerings as well as scale...more
The interview below is part of a new series from McGuireWoods that features interviews with professionals in the food and beverage industry. To recommend a professional or company for a future interview, please email Brad...more
More trouble for Wells Fargo, as news emerged yesterday that some employees in the company’s business banking wholesale unit “altered information on documents related to corporate customers” without customers’...more