Adrianne DeLuca

The race to increase variety with more complex formats within the animal-free and plant-based protein space appears to be heating up, following a busy week of M&A activity and new product announcements. Here’s a recap of the news.

In this week’s Checkout: ChickP closes $8 million funding round and brings in a new CEO, Bush’s Beans activate its ‘Can’ Film Festival competition and indoor farm Plenty partners with Walmart and closes $400 million funding round.

The Planting Hope Company acquired legume-based rice alternative brand RightRice from Betterer Foods for $7 million in an all-cash acquisition earlier this week. The deal places all of Betterer’s assets under the publicly traded company.

In this distribution roundup: Spudsy reaches Whole Foods with latest product launch, nib mor launches at BJ’s wholesale club stores, Brewpub Jerky enters Publix across the Southeast, Pan’s Mushroom Jerky signs on with Kroger and more.

Plant-based nutrition platform kencko announced today the closing of a $10 million funding round that will help fuel the launch of a new line of hot meals. The round was led by existing investor Siddhi Capital with participation from new backers including Next View Ventures, Riverside Ventures, Silas Capital and Cheyenne Ventures, among others.

Blommer Chocolate Company and food tech platform DouxMatok are promising consumers a chocolate-flavored chip with 50% less sugar, higher fiber, half the calories and the taste of real cane sugar through a new collaboration, the companies announced last week. The partnership marks Israel-based DouxMatok’s first major expansion into the U.S. market.

In this week’s Checkout: Daily Harvest fights for farmers with new partnership and campaign, Kroger publishes its predictions for the Top 10 food trends of 2022, Upward Farms to construct “World’s Largest” growing facility in Pennsylvania and Above Food and Umiami partner to develop whole cut plant-based meats.

The network will source fonio, among other “underutilized orphan grains,” from over 30,000 smallholder farms throughout West Africa with the end goal of creating sustainable market demand beyond the brand’s own use of this “miracle grain.”

In this foodservice distribution roundup: Field Roast expands partnership with Wienerschnitzel, Numi Organic Tea now brewing at WeWork, Dippin’ Dots serves up an IncrEDIBLE Eats Spoon, Blimpie goes plant-based with new gardein menu item, Pokeworks pilots OmniPork Luncheon offering and Planet Smoothie teams up with Vital Proteins.

In this week’s Checkout: Kroger expands autonomous grocery delivery partnership with Nuro, Atlast Foods introduces MyBacon with ​​Whitecrest Mushrooms and the Upcycled Certified verification garners ‘Higher Than Expected’ food waste prevention results.