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Food and beverage industry news.
Former McDonald’s CEO Invests in Maker of Veggie Fries
Farmwise LLC, the makers of Veggie Fries, Veggie Tots and Veggie Rings, announced Tuesday night that it closed a $4.5 million financing round led by Cleveland Avenue LLC, the venture capital firm founded by Don Thompson.
Seafood Brand Cheating Gourmet Hooks Investment from Former Snyder’s CEO
The value-added seafood company announced last week it had raised $1.3 million from newly established equity firm Arbel Growth Partners, run by Carl Lee, the former president and CEO of Snyder’s Lance, Inc.
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Taste Radio Ep. 105: How Thrive Market is Democratizing Organics For ‘The 99 Percent’
Thrive Market co-founder Nick Green: “if we make healthy living affordable for everyone, there’s tens of billions of dollars [worth of] business to be built”; an Elevator Talk double-header with upstart brands Hubble and WholeMe. This episode is presented by RISE Brewing Co.
Key Takeaways from IRI’s ‘State of Snack’ Report
During the webinar, “How America Eats: State of the Snack Food Industry,” consumer research group IRI evaluated the latest growth opportunities in snacking and forecasted trends to come in 2018.
Under New Ownership, Hat Creek Provisions Rebrands to Barrel Creek
The Austin-based fermented vegetable maker announced last week that it will now be known as Barrel Creek Provisions and will sport a new look.
The Checkout: Campbell’s Announces Strategic Restructuring
Some of CPG’s biggest players are embracing change. Here is the latest in natural food news this week.
Watch: Four Sigmatic CEO Explains CPG’s Shroom Boom
During this year’s Natural Products Expo West, Senior Reporter Meagan McGinnes spoke with Four Sigmatic founder Tero Isokauppila about the his love of mushrooms, why adaptogens are trending in food and how he is getting people to give his fungus-filled products a try.
True Fresh and NutriFresh Partner For Bicoastal HPP Business
The joint partnership between Buena Park, Calif.-based True Fresh and Edison, N.J.-based NutriFresh, announced last week, will make the combined entity the largest HPP tolling enterprise in North America.
Watch: Jonny Moseley Goes From Slopes to Snacks with Iota
Jonny Moseley has built quite a resume as an award winning freestyle skier and TV host. Now, along with his wife and a longtime family friend, he’s looking to add CPG entrepreneur to the list. In this video, Project NOSH Editor Carol Ortenberg spoke Moseley about the launch of Iota, the trio’s new seed-centric snack brand.
Impossible Foods Raises $114 M
The new cash brings the total to nearly $400 million in financing behind the plant-based, “bleeds like meat” brand.