SK Inc.'s investments are intended to accelerate the development of new food sources, such as plant-based and animal-free foods. These emerging food sources can help create more environmentally friendly methods of food production and make nutritious food options accessible to more consumers globally.

WM Partners, a certified diverse-owned private equity firm focused on investing in middle market companies and driving value creation in the health and wellness sector, announced that HPH II Investments Master Fund, LP, together with its parallel and feeder funds, through its wholly owned entity, has acquired Vega. Terms of the transaction were not disclosed.  

Wicked Kitchen, the renowned plant-based food brand and UK market leader in plant-based meals, is pleased to announce that it has completed a $14 million Series A funding round. The round was co-led by pioneering plant-based foods venture fund Unovis Asset Management and Thailand-based NRF Nove Foods.

Convenience has been a strong driver in the food market for years, in retail as well as out of home. In recent months take-out and delivery models have experienced a tremendous boom. 

Tate & Lyle entered into an agreement to sell a controlling stake in a new company and its subsidiaries (“NewCo”), comprising its Primary Products business in North America and Latin America and its interests in the Almidones Mexicanos S.A de C.V (“Almex”) and DuPont Tate & Lyle Bio-Products Company, LLC (“Bio-PDO”) joint ventures, to KPS Capital Partners, LP (“KPS”) (the “Proposed Transaction”). Tate & Lyle and KPS will each own 50% of NewCo with KPS having Board and operational control.

Fillets and Plant-Based Breaded Crab Cakes. Developed to recreate classic nostalgic comfort foods, the new lineup — crafted from Good Catch's proprietary six-legume blend (peas, chickpeas, lentils, soy, fava beans and navy beans) — offers a plant-based solution to bycatch, mercury contamination and overfishing.

Violife, a maker of 100% vegan cheeses, introduced Cocospread, a creamy, smooth and 100% vegan chocolatey spread for chocolate lovers to spread, spoon or scoop. Violife Cocospread is dairy-free as well as free from soy, gluten, lactose, nuts, preservatives, and GMOs and with no cholesterol per serving.