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Food and beverage industry news.
Clio Snacks Raises Capital, Plans to Hit Profitability Next Year
Clio Snacks announced this week that it has raised a new round of capital from investment firms and several notable athletes which the refrigerated Greek yogurt bar brand believes will help it transition into profitability.
Teton Waters, SunFed Combine To Form Grass-Fed Beef Giant
Two leaders in the grass fed meat industry, Teton Waters Ranch and SunFed Ranch, are joining forces to make one of the largest platforms for pastured beef called Grass Fed Foods hoping to capitalize on regenerative agriculture’s demand and move into mainstream channels.
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8 Notable New Coffee & Tea Releases
In this fall-themed roundup of new coffee and tea releases, Death Wish Coffee Co. and Partners celebrate the holiday season early, La Colombe partners with the ACLU and Bruvi branches into coffee pods.
DOJO Labs Supplements Announces Distribution Agreement With GNC
DOJO Labs, a new line of nootropic-based supplements, will arrive at more than 1,000 GNC locations in North America starting in December 2022.
FDA Green-lights Upside Foods’ Cultivated Chicken
The U.S. Food and Drug Administration (FDA) has deemed cultivated proteins safe for consumption, according to an announcement from cellular agriculture company Upside Foods today.
Elevator Talk: Schmutz, Nature’s Turn, Single & Fat, Sweety
In the latest episode of Elevator Talk, we feature leaders from Schmutz, Nature’s Turn, Single & Fat and Sweety. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week’s special co-host is Mia Medina, the founder and CEO of Gather Brands, who shared her thoughts, questions and feedback with the participants.
FDA Unveils Food Traceability Final Rule, Disadvantaging Small Food Makers
The FDA’s Food Traceability Final Rule published on Tuesday is meant to streamline oversight of contaminated food products but could put smaller food makers at a disadvantage due to the complexity of the mandate.
Pepsi Offers Ghost Kitchen Capabilities for Foodservice Partners
In an effort to unlock further growth opportunities for its foodservice partners, PepsiCo’s Foodservice Digital Lab announced today it will begin offering existing and future customers the ability to “seamlessly enter” the “ghost kitchen” space while leveraging the company’s resources and portfolio of brands.
Strvye Reports Drop in Net Sales in Q3, CEO Sees “Renovation Opportunities”
Despite declining sales year-over-year, executives at meat snack brand Stryve said on the company’s third quarter earnings call yesterday that it is making progress in reversing losses and controlling expenses.
Bel Group Partners With Standing Ovation, Targets Animal-Free Cheese
Bel Group – maker of Babybel, Boursin and The Laughing Cow brands – is partnering with food technology company Standing Ovation to use the startup’s animal-free, casein milk proteins to develop new cheese alternatives.