Carol Ortenberg
Posts by Carol Ortenberg
40 Years In, Deep Plans for the Next Decade
The American palate has evolved in the last 40 years, and so has the Amin family business — Deep Foods. The company is now catering to a new generation of shoppers by repositioning its Tandoor Chef brand in an effort to tell a larger, authentic story.
Dean Foods Relaunches Steve’s in Its First Artisanal Ice Cream Play
Although many credit Steve’s Ice Cream for kicking off the super-premium ice cream movement back in the 1970s, the brand has struggled to capitalize on its first-mover status in the years since. But now the brand has Dean Foods, who acquired the brand in 2017, behind it as the dairy giant attempts to enter the artisanal ice cream space.
Impossible Closes $300M Round & Adds Tech Exec
The battle to see who will be the category leader in plant-based “meat” continues. Less than two weeks after Beyond Meat launched a successful initial public offering (IPO), beef-substitute Impossible Foods announced today the close of a $300M round of funding.
With New Line, Atlantic Sea Farms Tries to ‘Kelp the Earth’
Maine is already known for its lobsters, but Ocean Approved wants the state to be known for another ocean crop: kelp. Led by new CEO Briana Warner, the company is launching a line of products under the Atlantic Sea Farms brand to bring awareness to this briny delicacy and has new investors and supply chain strategy to support this growth.
What’s Next for Beyond Meat Post IPO?
Yesterday plant-based meat brand Beyond Meat faced the heat and emerged sizzling. The popular protein play began trading on the Nasdaq exchange under the symbol BYND and served up the year’s best IPO debut. However, the question remains, what does the company have to do next in order run alongside fellow protein players and move beyond its current market position?
Cali’flour Closes Round, Brings on New Executive Leadership
The consumer craze with cauliflower shows no sign of slowing down. Today, frozen food and snack brand Cali’flour announced the close of a round of capital led by Sunrise Strategic and a leadership transition in an effort to more heavily move the business into retail.
Clio Nabs Second Investment from ACG, Will Diversify Product Line
After a first course, investment firm ACG has found that it wants another bite of Clio Snacks. Earlier this month the group reinvested in the chilled yogurt bar brand. The investment will help the brand complete a new plant as well as launch new product lines.
Tyson Exits Beyond Meat, Will Launch Its Own Alt Protein Play
Tyson Ventures, the investment arm of meat producer Tyson Foods, is no longer an investor in Beyond Meat. Tyson told NOSH that it remains committed to offering alternative proteins and plans to launch its own products into the category.
Beyond Meat to Raise Up to $183M in IPO, Updates SEC Filings
The company initially announced its IPO in November 2018; over the past month it has submitted updated filings that provide more insight into the company’s sales and progress to date, as well as its plans for the future.
Mondelēz Invests In Hu Kitchen and Products
Just over a month after taking a stake in Uplift Foods, Mondelēz announced today its second investment in Hu Master Holdings, the parent company of both CPG brand Hu Products and fast-casual restaurant concept Hu Kitchen. Hu Chairman and Co-Founder Jason Karp told NOSH the investment will allow the emerging brand to scale and increase accessibility of its products.