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Food and beverage industry news.
Marketing Roundup: Wonderful Pistachios Says “Almost Everyone Loves No Shells”; Harmless Harvest Debuts “Spooning Season”
With everything from an angry and animated tortoise to a TikTok Tastemonial challenge, these latest activations have embraced a variety of brand building tactics including user-generated content and a unique group of brand ambassadors.
The EVERY Company Raises $175 Million To Scale Production
Food tech ingredient platform The EVERY Company, formerly Santa Clara Foods, announced this week it has closed a $175 million Series C capital round co-led by McWin and existing investor, Rage Capital. Temasek, Grosvenor’s Wheatsheaf Group, TO Ventures and Prosus Ventures also participated.
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Retailers Increase Ultra-Fast Delivery Options
Over the course of the pandemic retailers and food delivery services continuously invested in delivery platform innovations, creating an expedited process of grocery shopping with virtually no contact. However, as lockdowns begin to lift, innovation hasn’t slowed and consumers have now become accustomed to this efficiency, prompting retailers to find creative ways to bring the store to them, almost instantly.
Holy Cow: NadaMoo! Raises $10M
Non-dairy ice cream brand NadaMoo! announced today it had raised roughly $10 million in funding aimed at helping the sixteen year-old company expand its distribution.
LiveKuna Closes Funding Round To Support North American Expansion
Superfood snack maker LiveKuna announced today it closed a Series A funding round led by global bakery company Grupo Bimbo with participation from SOSV and AMADEO. LiveKuna said it will use the funds to support distribution expansion throughout the U.S., Canada and Mexico and to continue growing its team across North America.
NOSH Live Day Two Recap: Acid League And Whole Foods Announce Continued Collaboration
Natural food companies convened for day two of NOSH Live Winter 2021 today in Santa Monica to discuss how brands can position themselves for success with regards to the current state of the industry including continued supply chain constraints, shifting consumer interests and a dynamic landscape for brand building.
Coconut Spread Maker Kokada Crowned Pitch Slam 11 Champion
Coconut spread maker Kokada was crowned champion at NOSH Live Pitch Slam 11, walking away with the title after impressing the judges with its allergen-friendly alternative to nut butters.
U.S. House Reps Introduce Bill to Regulate CBD in Food and Beverage
Members of the U.S. House of Representatives have introduced a new bipartisan bill aimed at establishing federal standards for CBD food and beverage products. On Thursday, U.S. Representatives Kathleen Rice (New York), Morgan Griffith (Virginia), Angie Craig (Minnesota) and Dan Crenshaw (Texas) put forward the CBD Product Safety and Standardization Act, which, if passed, would… Read more »
NOSH Live Day One Recap: The Importance of Scrappiness and Storytelling
Natural food leaders converged today in Santa Monica during day one of NOSH Live Winter 2021 to discuss the state of the industry after an evolutionary year of changing trends and consumer shopping habits.
Finalists Announced For Pitch Slam 11
Six startup food brands crossing category lines from spiced sweets to standout savory snacks have advanced to the final round of NOSH Pitch Slam 11 following this morning’s semifinal round in the competition, presented by 301INC, the venture capital arm of General Mills.