Adrianne DeLuca

Snack maker PeaTos announced it has secured new funding as it seeks to hit profitability in 2023. This was the third round of its Series A, dubbed A3, and was led by POST Holdings, Inc. as well as other “high profile private investors.”

Backed by $70 million in new growth capital, plant-based food and beverage company NotCo is aiming to build a business-to-business food technology platform “that operates like Coca Cola.”

In this week’s roundup: Upcycled cracker brand Seconds closes up shop, Campbell’s raises FY guidance as soup sales heat up, Second Nature Brands acquires Brownie Brittle and Vital Proteins secures B Corp status.

Senate committee members attempted to extract Kroger and Albertsons’ “side of the story” during a hearing on the $24.6 billion merger. Here are some highlights from the two and a half hour testimony.

Motif FoodWorks announced today it has filed four petitions with the U.S. Patent and Trademark Office to challenge aspects of Impossible Foods’ claim to heme-protein ingredients used in plant-based meat.

Snack manufacturer Maine Crisp Company is eying new baked goods categories as it seeks to scale with the support of a new production facility, distribution gains, updated packaging and an expanded leadership team.

Plant-based, bee-free honey brand MeliBio announced the close of a $2.2 million capital raise last week, bringing the company’s total funding to over $9 million to-date.

Melissa Urban, founder and creator of elimination diet Whole30, brought attendees together during the opening session of NOSH Live Winter 2022 for a discussion on building a brand through community.

The CEOs of Kroger and Albertsons Companies faced intense criticism from the Senate Judiciary Antitrust Subcommittee during a hearing yesterday regarding their proposed merger.

Hain Celestial president and CEO, Mark Schiller will hand off both roles to Wendy Davidson at the end of the year and transition to a non-executive director on the company’s Board at the beginning of 2023.