Headlines
AG1 Marks First Retail Rollout With Costco After 15 Years In Business
Drinkable greens company AG1 (formerly Athletic Greens) is readying its first-ever brick-and-mortar retail launch, nearly 15 years after the brand debuted selling direct-to-consumer.
Inside Mondelēz’s New Sustainable Futures Investments in Regen Ag, Compostable Packaging
Mondelēz International announced today the newest recipients of funding from its Sustainable Futures Impact Investment Platform, spanning regenerative agriculture, inclusive financing and circular packaging ambitions.
Laoban, Whole Foods Innovate ‘Crunchy Bites’ For Incremental Category Growth
Asian frozen food brand Laoban is readying to launch its third line next week, known as Crunchy Bites, just four years after it first expanded beyond restaurants into retail.
New Products: Breyers Goes Camping, IQBAR Teams With Chef Thomas Keller, FarmRich Does Breakfast
In this week’s notable new products gallery, Breyers freezes a classic summertime campfire treat, IQBAR partners with a Michelin-starred chef and FarmRich goes beyond appetizers with a new breakfast collection.
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.
Crave New World Aims To Redefine Comfort Food
Will a Yuka-approved, high-protein, seed oil-free brand find favor with the everyday Kroger shopper? Crave New World is about to find out. The frozen food startup is charting a course into more than a thousand Kroger stores this fall after a successful soft launch in Pop Up Grocer and on college campuses in March.
Female Founder Funding: Inside The New Accelerator From Pure Organic, Rebecca Minkoff
Although women currently found and lead 42% of U.S. food, beverage, and hospitality businesses, female founders received one of their smallest shares of venture capital deals last year, securing less than 2% of total funding on average. Kellanova’s Pure Organic brand is hoping to change that statistic through a new accelerator program
Reviews: Eclipse Foods Mimics Milk; Plus, Smash Foods, Fancypants Baking
In this reviews roundup, we take a bite out of Smash Foods’ healthier twist on toaster pastries, Fancypants’ crispy cookies, and Eclipse Foods’ non-dairy milk alternative.
CPG Week: David’s Goliath Raise and Big Papi’s Big Bet on Rum
This week, the podcast team discusses big moves by protein bar startup David, plus industry reactions to the Make America Healthy Again (MAHA) Commission’s recent report on ultraprocessed foods, fermented foods maker Cleveland Kitchen’s recent capital raise, and a former slugger’s new spirits venture.
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.