News

Meal delivery and food technology company Wonder Group reported it is raising a $650 million Series D round at a $9 billion valuation.

After years of private label growth cannibalizing branded market share, consumers are once again redefining value. The new, evolving definition doesn’t have as much to do with price as it does the experience.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery examine four stories shaping the packaged food industry: the seed funding round fueling a drink mix startup’s retail expansion, The EVERY Company’s latest step toward commercializing precision-fermented egg white proteins, Welch’s bid to disrupt the frozen sandwich category, and the FDA’s push for greater transparency around caffeine content.

Available in Frosted Strawberry, Cinnamon Brown Sugar and S’mores, each gluten-free pastry delivers 11 grams of protein, 6 grams of fiber, 2 grams of added sugar and 5 grams or less of net carbs.

Startup meat snacks brand BUFFS is preparing to launch next month following the close of a $1.1 million pre-seed funding round.

After expanding from popcorn into chips last summer, Gheelish is unlocking growth through new branding and a protein-forward innovation.

In his first earnings call since taking the helm, John Brase outlined a sweeping turnaround strategy centered on restoring margins, investing more heavily in brands, simplifying the company’s portfolio and organization, and resetting capital allocation.

Upstart protein bar brand Posana announced it has closed a $650,000 pre-seed round with a slate of creators and operators backing the business, per a LinkedIn post from founder Aditya Banerjee.

The food technology business announced today it has partnered with ADM to begin commercial-scale production of its OvoPro precision-fermented egg white proteins, utilizing ADM’s Clinton, Iowa, facility.

Hockey Stick Ventures is raising a $3 million Fund I after backing several brands as a three-year-old investment syndicator.