News
Food and beverage industry news.
Nurture Brands, Myracle Kitchen Close $3.3M Funding Round
Nurture Brands, the London-based food and beverage portfolio company behind the plant-based Myracle Kitchen brand, announced this week that it has closed a £2.5 million (around $3.3 million) funding round that will support its North American expansion. According to general manager Adam Draper, the new funding is primarily working capital as the company seeks to… Read more »
Good Eggs Sees Changes in Buying, Category Management Teams
After expanding operations to Los Angeles last month, e-commerce grocery delivery company Good Eggs has restructured its buying team, a move marked by the apparent layoffs of several buyers and the departure of longtime VP of assortment Jamie Nessel.
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The Checkout: OneRare Launches Food Metaverse; Conscious Foods Creates Gene-edited Salad Greens
In this week’s Checkout: OneRare introduces a Foodverse of celebrity chefs, food brands and virtual restaurants, Conscious Foods creates gene-edited salad greens, Blue Apron adds breakfast, Instacart launches a new platform for grocery retailers and The EVERY Co. makes animal-free macrons.
Expo West 2022: SANA Rolls Out With Coconut Tortillas
In this video, shot at Expo West, BevNET and NOSH Editor-in-Chief Jeff Klineman talked with Daniella Hunter, who co-founded SANA Foods, a fast-growing brand of coconut-based tortillas that has expanded its line to include Paleo-diet friendly vegan frozen burritos, and also a set of smaller street taco-sized tortillas.
Notable New Products: Halo Top Fruit Sorbets, Gummi Snaps, and Smoothie Incredibites
This week’s new food launches saw brands creating better-for-you fruity treats and new plant-based dairy alternatives. While Halo Top entered the sorbet category, CHKP Foods debuted its first-ever lineup of chickpea-based yogurt alternatives.
Expo West: Lubetzky and Leal On Building a Mexican Food Brand for a New Generation
In this video, shot at Natural Products Expo West, SOMOS co-founders Daniel Lubetzky and Miguel Leal share their motivations for starting the better-for-you Mexican food line and how they aim to be both authentic and accessible.
Wandering Bear Raises $5M to Support Ecommerce, Drops Beans and Pods
New York-based coffee brand Wandering Bear announced this week that it has raised a $5 million funding round backed by existing investors. The new capital arrives as the company seeks to scale its online ecommerce business, which has become its main focus following a post-pandemic pivot. Speaking with BevNET today, Wandering Bear co-founder and CEO… Read more »
Expo West: Love Grown And Magic Spoon Innovate With Shifting Consumer Habits In Mind
Food makers are reimagining the classic cereal bowl to bring higher protein and lower sugar levels to an aisle that has often overlooked its resident products’ nutritional value. This year’s Expo West saw two brands – Love Grown and Magic Spoon – aiming to capitalize on consumer interests while taking an omnichannel approach to draw in new consumers. Here is how one established and one emerging brand are each approaching the category.
General Mills New Segment Structure Improves Momentum, Driven By “Morning Foods” Sales
Breakfast foods, including cereal and yogurt, are leading growth across General Mills’ portfolio, with sales increasing 4% during FY Q3 2021, according to an earnings report released today. During a call with investors and analysts, the global food giant highlighted its “solid execution in a highly volatile environment,” reporting that net sales growth has remained virtually flat at $4.5 billion, while organic net sales were up 4%.
Expo West: Orro’s Tabitha Brown and Shaun Neff on Building an Authentic Plant-Based Brand
In this video, recorded at Natural Products Expo West 2022, Orro founder Shaun Neff and partner Tabitha Brown discuss how the product is being positioned within the beverage market as well as how they believe brands can stand out in the competitive plant-based space.





