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Food and beverage industry news.
Q Drinks Founders Get Aggressive with AGRO Plant-Based Jerky
Having transitioned away from day-to-day operations at their first brand, Q Drinks, entrepreneurs Jordan Silbert and Ben Kaplan are going AGRO for their next big project. Founded in 2023, AGRO makes a line of plant-based jerky that comes in resealable bags and includes functional options alongside indulgent snacks, such as a caffeinated Energy Bolt flavor.
Protein Brewery Raises $35.2M To ‘Springboard’ Global Expansion
The Protein Brewery announced today it has raised a $35.2 million (€30 million) Series B round as it aims to reach commercial scale for its fungi-based protein ingredient ahead of a launch with “several” U.S.-based CPG brands.
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Ben with no Jerry? Building a Breakthrough Brand, Melissa’s Spill Everything Hotline & More
This week we’re eating all-Ben no-Jerry ice cream while our butter shoes melt around our ankles. Confused? Us too.
Meat Producers True Story, Fork in the Road Merge to Create Unified Brand Identity
Sustainable meat brand Fork in the Road has merged with “sister company” True Story Foods, creating a unified business under the True Story name, with Fork in the Road products to be integrated into the existing True Story line of meats. Terms of the deal were not disclosed. Since their respective foundings in 2010 and… Read more »
Inside Big Foods’ Bet On Regen Ag And The Evolving Nutrition Story
The transition to regenerative agriculture is a slow-rolling movement but in the past few weeks there seems to have been an acceleration in scale-up efforts across the value chain.
New Products: Protein Pints Bulks Up Portfolio, Day Out Snacks Unveils Seasonals
In this week’s new products roundup, Protein Pints adds two new ice cream flavors to its portfolio, Day Out Snacks prepares for the holiday season, and Evergreen goes deeper into waffles.
Axum Capital Partners Announces $300M Fund for Health and Wellness Brands
Private equity firm Axum Capital Partners says it is looking to double down on health and wellness food companies with the announcement of its latest fund, targeting $300 million in committed capital.
Will AI Reshape Shopping Habits?
Artificial intelligence is increasingly being used to reshape the shopping experience and bring more personalization to purchasing patterns.
Winland, La Doria Merge To Create $4B Private Label ‘Powerhouse’
U.S.-based Winland Foods and Italy-based La Doria have merged to create a new global manufacturing platform now known as Windoria Top Holding Ltd and boasts nearly $4 billion in annual sales.
Louisville Brands Acquires Louisville Vegan Jerky
Consumer holding company Louisville Brands has acquired Louisville Vegan Jerky Company from early-stage investment firm Render Capital. Financial terms of the transaction were not disclosed.