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Food and beverage industry news.
Taste Radio: You Must Check This Box To Have A Fighting Chance. These Founders Explain Why.
This week, we explored the ideation, business plans and growth strategies of three innovative and on-trend brands in conversations with Susan Buckwalter, the co-founder and CEO of ginger-powered wellness brand Recoup; Dr. Juan Salinas, the founder and CEO of P-nuff Crunch, a brand of nutritious baked peanut puffs; and Michelle Razavi and Nikki Elliott, the co-founders of functional, decadent snack brand ELAVI.
Laufer Leans into ‘High Tech Naturalism’ with Launch of Pangaia Health
“Materials science” company Pangaia is making the move from tracksuits to snacks. Last week, the cult clothing retailer announced the launch of the Super Super Bar, the first product from its food division, Pangaia Health.
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Distribution Roundup: DTC Brand Starday Inks First Retail Partnership; Beckon Doubles Conventional Channel Count
In this distribution roundup: Starday rolls out its Gooey Snacks brand to Kroger nationwide; Beckon doubles its conventional channel store count through Walmart and Kroger partnerships; Future Farm named the official plant-based meat brand of The Golden State Warriors; No Evil launches new product at Sprouts; Laoban expands retail presence and more.
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.
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 »