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Food and beverage industry news.
Taste Radio Ep. 123: How The Millennial Masterminds Behind Yasso Created An $80M Brand
Drew Harrington and Amanda Klane, the millennial masterminds behind frozen Greek yogurt company Yasso, on the keys to building an $80 million brand. How Cali’flour founder Amy Lacey created a thriving direct-to-consumer business for her brand of innovative, vegetable-based pizza crusts.
Van Leeuwen Ice Cream Scoops Up Investment From Strand Equity
The artisanal ice cream brand announced today that it had closed a minority investment from Strand Equity. The capital will be used to help the company scale its presence in retail and to open scoop shops on the West Coast.
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RXBAR Boosts Kellogg’s Quarterly Earnings
In Kellogg’s quarterly earnings report published Thursday, the company said the protein bar brand contributed $59 million in sales during the second quarter and $110 million year-to-date.
The Checkout: Retailers Embrace Shipping, Food Trends & Tech to Improve their Bottom Line
This week our newsfeed was filled with stories of retailers trying to gain a competitive advantage — and the brands who are helping them do so.
Chloe’s Closes Star Studded Round to Fund New Innovation
Frozen novelty brand Chloe’s Fruit announced today the close of a series B round of funding. In 2019 the company plans to deviate from its current 2.5 oz. popsicle for the first time with two new offerings.
Researchers Predict 3 Shifts Influencing Food
At this year’s IFT, research firms Mintel and Innova shared data on new consumer desires and innovation areas for target age groups that food brands should keep in mind in order to see long-term success.
Bulletproof Raises $40 Million in CAVU-Led Series C
Nutritional supplement company Bulletproof 360, makers of Bulletproof Coffee and bar products, has raised $40 million to fund the company’s continued growth as an omni-channel lifestyle brand.
Elevator Talk: Fruit Bliss Reinvents Age-Old Dried Fruit with New Technology
In this week’s episode of Elevator Talk, meet Fruit Bliss — a brand that’s trying to reinvent the age-old dried fruit category using new technology. Tune in to hear Susan Leone, president of FruitBliss, discuss how the Brooklyn-based brand is using clean-ingredient lists and convenience to bring new consumers to the category.
Brazi Bites Sells Majority Ownership, Will Build Latin-American Platform
San Francisco Equity Partners plans to use the brand as the start of a Latin-American platform.
Taste Radio Ep. 122: How Rip Van Wafels Tore Up the Playbook and Took the Tech World By Storm
In this week’s episode, we’re joined by the young, ambitious leaders of two trendsetting brands: Rip Pruisken, the co-founder and CEO of fast-growing snack company Rip Van Wafels, and Ely Key, the co-founder, president and CEO of innovative beverage maker Up Mountain Switchel.