Funding will accelerate sweet protein platform development, commercialize consumer concepts, and establish partnerships with better-for-you CPG partners
July 21, 2020
Joywell Foods, a food technology company developing a sweet protein portfolio, announced the closing of a $6.9M Series A financing round. The round was led by Evolv Ventures, a venture fund backed by Kraft Heinz.
Bell Flavors and Fragrances announced the promotions of three team members, and hiring of seven new employees. Promotions include: Nicole Iwicki to senior sensory scientist, and Joann Molloy and Valerie Seaholm’s promotion to regulatory analyst.
Company to host webcast on Aug. 7 to discuss second quarter results, strategic priorities, and long-term targets
July 21, 2020
Flowers Foods, Inc., producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, announced organizational structure changes designed to increase focus on brand growth, product innovation, and improving cake business operations.
New report highlights the company’s sustainability goals and progress, with a renewed focus to help build a more sustainable food system
July 21, 2020
Ardent Mills, the premier flour and ingredient company, announced its new Corporate Social Responsibility (CSR) program and Fiscal Year 2020 (FY20) CSR Report. The new program expands on the company’s sustainability initiatives and is part of its continued commitment to positively impact the environment and local communities.
Consumers are expected to show higher levels of interest in their immune health
July 21, 2020
Looking ahead to the years after the COVID-19 outbreak, consumers are expected to show higher levels of interest in their immune health. This could open doors for more products with a specific focus on immune health rather than those with multiple health messages of which immunity is simply one of many.
Oatly’s founders will reinvest in the company’s growth by providing additional capital
July 17, 2020
As minority shareholders, the new investors will join the company’s existing partners, including Verlinvest-CR JV and the company’s founders, on Oatly’s dynamic journey. As part of this transaction, Oatly’s founders will also be reinvesting in the company’s growth by providing additional capital.
Home Chef will offer recipes for customers to exchange traditional animal-based proteins for the plant-based Impossible Burger
July 17, 2020
Home Chef, one of the leading meal kit delivery companies with 3.5 million meals delivered each month, announces a new collaboration with Impossible Foods. Each week, Home Chef will offer several recipes where customers can choose to swap out traditional animal-based proteins for the award-winning, plant-based Impossible Burger as part of its "Customize It" feature.
Eggs are one of the best sources of choline, an essential nutrient critical for fetal brain development. The Advisory Committee classified choline as an important nutrient that is under-consumed by all Americans. Importantly, 92% of pregnant women fail to meet the daily Adequate Intake (AI) recommendations for choline.
Pulpex Limited is a new partnership between Diageo and Pilot Lite that is focused on cutting edge, sustainable packaging
July 14, 2020
Diageo, makers of Johnnie Walker, Smirnoff and Guinness, announced that it has created the world's first ever 100% plastic free paper-based spirits bottle, made entirely from sustainably sourced wood. The bottle will debut with Johnnie Walker in early 2021.
Agreement accelerates BlueNalu’s introduction to the Asian marketplace
July 10, 2020
BlueNalu, a food technology company developing cell-based seafood products, announced the signing of a Memorandum of Understanding (MOU) with Pulmuone Co. Ltd., a leader in healthy lifestyle and environmentally-friendly food products headquartered in South Korea. Pulmuone also participated in BlueNalu’s A round of financing, which was announced earlier this year.