Adrianne DeLuca

Legacy CPG companies are a goalpost for food industry entrepreneurs. But that dynamic may be shifting as large corporations struggle under their own weight.

Today, The Magnum Ice Cream Company announced a new partnership with AI-driven food innovation company NotCo, marking the latter’s inaugural venture beyond its plant-based roots.

The Protein Brewery announced today it has raised a $35.2 million (€30 million) Series B round as it aims to reach commercial scale for its fungi-based protein ingredient ahead of a launch with “several” U.S.-based CPG brands.

The transition to regenerative agriculture is a slow-rolling movement but in the past few weeks there seems to have been an acceleration in scale-up efforts across the value chain.

U.S.-based Winland Foods and Italy-based La Doria have merged to create a new global manufacturing platform now known as Windoria Top Holding Ltd and boasts nearly $4 billion in annual sales.

Khloud named former Poppi president and chief growth officer Jeff Rubenstein as its CEO, just five months after launch and amid a slate of distribution gains.

AI-powered financial planning and analysis platform Iris plans to accelerate growth after today announcing the closing of a $6.2 million funding round led by Glasswing Ventures.

Brami believes it is well primed to drive increased consumption of its hero lupini bean ingredient as its protein pasta innovation gains traction “equally across all channels.”

CIVC Montana, the small grain processing outfit led by Zego Oats founder and CEO Colleen Kavanagh, has some added allergen-friendly, ancient grain-supporting power to its business this past month.

PE-backed frozen food platform MBC Companies has expanded its capabilities with the acquisition of Waller, Texas-based frozen pizza producer Alpha Foods.