Lukas Southard
Posts by Lukas Southard
Virginia’s Nightingale Ice Cream Sandwiches Secures ‘Much-Needed Expansion’
Nightingale Ice Cream Sandwiches is moving operations to a 29,000 sq. ft. facility with a $5.8 million investment in partnership with the Virginia Economic Development Partnership.
Protein Bar Brand David Closes $75M Series A, Buys Ingredient Supplier
Peter Rahal’s new protein bar brand David has closed a $75 million Series A round and taken a step towards vertical integration with the acquisition of Epogee, one of its ingredient suppliers. The new tranche of funding was led by Greenoaks, with participation from Valor Equity Partners.
From Kids To Families: Sunnie Refreshes Packaging Amid Retail Expansion
Sunnie is rolling out an updated look in preparation for expanding its retail footprint and launching another sweet addition to its portfolio this summer.
Birmingham Chocolate Eyes Sugar-Free With Acquisition
Michigan-based manufacturer Birmingham Chocolate announced it has acquired one of its customers – sugar-free, dark chocolate brand Macalat.
MìLà Hits Retail ‘Inflection Point’, Expands In Frozen With Noodles
Frozen Chinese street food brand MìLà is platforming with noodle kits as it shifts its focus from DTC to a retail-first strategy.
Snack Attack: Shifting Habits, Healthier Options Fuel A $156 Billion Boom
From an expansion of mini-meal occasions to a prioritization of better-for-you options, SNAC International’s annual state of the industry report dug into the trends shaping sales growth in the snack industry.
‘Rubik’s Cube’ Innovation Addresses Vertical Farming Scalability
Opollo Farm is the first partnership project between food tech startup OnePointOne and robotic warehousing company AutoStore to automate and scale vertical farming.
Beyond: New $100M Investment Amid ‘Disappointing’ Q1
Beyond Meat reported its Q1 earnings yesterday afternoon with sales slipping 9.1% year-over-year and volume down 11.2% as the company plots a path forward with a new $100 million capital infusion.
Why B-Sides Is Uncertain About Upcycled Labeling?
Upcycled puffed snack brand B-Sides launched in January, focusing on its health claims over a marketing too closely to a sustainability message.
Basemakers Founder To Launch AI-Guided VC Fund
CPG industry veteran Max Baumann is launching a new VC firm, Back to Back VC, that will pair merchandising and strategy firm Basemakers’ data with AI technology to guide investment opportunities.