News

Growth equity investment firm Alliance Consumer Growth (ACG) announced today it has closed on a new, $160 million fund, the company’s fifth. The new fund brings ACG’s lifetime financing to over $1 billion in aggregate capital commitments, the firm said.

Thirty-year-old Lotus Foods has weathered plenty of challenges with minimal outside investment. But today, the regenerative and heirloom rice, noodle and ramen producer is going after growth, announcing it has raised $22.5 million.

The chilled oat bar brand is building on its successful partnership with Hungryroot and has now expanded nationally with Misfits Market and Thrive Market.

Get ready for our July Community Calls! This month, dive into GNGR Labs’ hands-on growth strategies, find out how to dial in product market fit for a successful product launch, and join us as we reveal the 2024 Nosh Notables list.

The California startup is continuing its quest to reimagine dusty pantry items for the modern shopper.

Also in this issue: hear from Stride Consumer Partners’ Paul Kenny, why Scharffen Berger has joined 1-800-FLOWERS, people move news from around the industry and more.

Stride Consumer Partners’ new food and beverage-focused operating partner Paul Kenny explains how he uses his CPG experience to advise portfolio brands and build successful future growth.

Food delivery platforms are partnering with grocery chains reflecting both the elevated demand for online shopping and a retailer shift to bringing more options to consumers.

How did seed oils become the dietary demon du jour? And is a seeming rush to reformulate among a handful of brands justified?

Recent trendlines suggest that today’s consumers aren’t as much interested in living long, as much as they are in living well.