NotCo Closes $70M Funding to Fuel New B2B Platform
New platform will enable CPG brands, ingredient suppliers and technology providers to leverage artificial intelligence for innovation
NotCo, the fast-growing food tech company with a patented A.I. technology, Giuseppe, announced it has closed $70M in new funding as a Series D1. The new capital will catapult the company’s new B2B Unit which will enable other CPG brands, ingredient suppliers and technology providers to leverage Giuseppe for their own innovation purposes and exponentially accelerate the transformation of the plant-based industry.
NotCo will continue to operate its branded business, NotCo Food, offering products like NotMilk™, NotBurger™ and NotChicken™ through retail and food service businesses nationwide.
Philadelphia Cream Cheese Plant-Based Spread
The new plant-based spread is free of dairy, lactose and gluten
Philadelphia®, a leading cream cheese brand, introduced Philadelphia Plant-Based spread, which features a crafted recipe with simple, high-quality ingredients, creamy spreadable and texture.
More than two years in the making, Philadelphia Plant-Based spread marks the first time a mainstream cream cheese brand is entering the plant-based market with a recipe that mirrors the taste and creamy texture of the iconic Philadelphia brand. With this new offering, the brand hopes to delight the 52% of consumers who want to add more plant-based foods to their diets.
Exploring Plant-Based Protein Beverages
Prepared Foods explores plant-based protein beverages in a talk with executives at OWYN (Only What You Need), a New York City-based processor of plant-based protein and nutrition shakes and powders. CEO Mark Olivieri, CEO, and vice president of marketing Julia Perez discuss the company’s start and growth and the changing protein beverage category.
GrownAs* Foods Vegan Mac and Cheese
Plant-based brand packs 25g of protein in Classic & Truffle varieties
Entering the market with vegan boxed mac and cheese, GrownAs* Foods offers a nutritious, flavorful and eco-friendly alternative to the traditional boxed mac and cheese. From the makers of Seed Ranch Flavor Co., a gourmet hot sauce brand, GrownAs* is releasing its mac and cheese in two flavors, Classic and Truffle.
Plant-based with a nutrition profile and simple ingredients like nutritional yeast, smoked paprika, potato and coconut flour, GrownAs* Foods' has eliminated ingredients found in conventional mac and cheese to deliver a non-gmo, cholesterol-free, nut-free, soy-free and sugar-free version that contains 25g of protein per box.
