Lukas Southard
Posts by Lukas Southard
Cerebelly Receives First Brain-Health Patent For Baby Food
Baby food maker Cerebelly received the first U.S. patent for food composition that benefits optimal infant neurodevelopment. The recipe includes 16 key nutrients supporting brain health and is in all the brand’s squeezable pouches.
News Roundup: Walmart Taps Salesforce, New Age Eats Sells Pilot Facility
Walmart announced a partnership with Salesforce to help the retailer drive profitability in its delivery and curbside pickup apps. New Age Eats puts pilot production facility up for sale and Beyond Meat sheds another executive.
Outstanding Foods Looks to Double Retail Footprint as Leadership Expands
Since introducing its line of dairy-free Cheese Balls last year, vegan snacks company Outstanding Foods has seen sales accelerate. Now, new president Bobbie Turco says the brand is looking to make 2023 its breakout year.
News Roundup: Pickle Wars, Low-Carbon Beef
Grillo’s is taking Wahlburgers to court over pickles, a data company unveils its cattle carbon credits at the CES Convention, Jenny Craig launches a ready-made, meal delivery platform and precision fermentation company Liberation Labs closes seed funding round.
Butterfly Jumps Into Ingredients Acquiring Milk Specialties Global
Private equity firm Butterfly is expanding its “seed to fork” strategy with its acquisition of vertically integrated dairy ingredient maker Milk Specialities Global.
Can Beanless Coffee Solve The Industry’s Sustainability Problems?
A new generation of coffee alternative brands are pitching themselves as the solution to coffee’s sustainability problems. Food tech operations say their processes and products use less land, less water and have a lower carbon footprint but still produces a cup that looks, smells and tastes like the real thing.
Lotus Bakeries Adds IQBAR To Venture Portfolio
Belgium-based Lotus Bakeries announced it has taken a minority stake in functional food brand IQBAR leading the bar maker’s Series B funding round through its venture arm, Fast Forward 2032.
Mondelēz Backs Pretzel Co Eastern Standard Provisions
Eastern Standard Provisions has completed a funding round with participation from Mondelēz International’s venture arm SnackFutures.
Albertsons: D.C. Circuit Refuses To Pause Special Dividend
A Washington, D.C. Circuit court panel sided with Albertsons on Tuesday refusing to impose an emergency pause on the grocery chain’s planned $4 billion shareholder dividend filed in the court a month and a half ago.
2022 Recap: Regenerative Ag, Upcycling & Innovation Mark Year In Sustainable Food
New label certifications, calls for transparency of environmental impact and innovative products targeting sustainability-minded and health-conscious consumers showed how shoppers prioritized CPG food in 2022.