News
Food and beverage industry news.
100+ Investors, $103 M in Ancient Nutrition Capital Round
Ancient Nutrition, a brand of “real food nutritional products,” announced today the close of a $103 million minority investment. Led by VMG Partners, the deal also included investment from Hillhouse Capital, ICONIQ Capital a 100-plus member co-investor network hereon known as the “Ancient Pioneers.”
RX Goes Beyond the Bar with Nut Butters
RxBar is ready to establish itself as a platform brand. The first iteration of this expansion is a line of protein-enhanced nut butters, which launched today.
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Vegy Vida Sees Growth Spurt With $1.8 M Raise
Ohio-based Vegy Vida announced Monday that it raised $1.8 million in financing through Keiretsu Forum Midwest, a chapter of a global angel investment community specializing in collaborative fundraising.
Taste Radio Ep. 99: How to Crush It at Expo West; Rhythm Superfoods’ CEO on The Two Traits You Need to Succeed
Stubb’s co-founder/Rhythm Superfoods’ CEO Scott Jensen on why respect for capital, competition is critical to success; how The New Primal founder Jason Burke persevered with his paleo brand despite early missteps; why Hello Delicious is seeking the “middle seat” between healthy and indulgent; Kerry Song croons about her vegan meat brand The Abbot’s Butcher. This episode is presented by The Maple Guild.
Thrive Market Picks Square Organics as First Investment
Snack brand Square Organics announcement it had closed a $500,000 convertible note opened the curtain on the first investment by retailer Thrive Market as part of their newly developed venture fund, Thrive Market Ventures (TMV).
Grillo’s Grows into National Brand
They’ve been biding their time, but a fast-growing specialty pickle company is preparing to launch a brine-driven assault on Natural Products Expo West this week powered by a new, $4 million minority investment.
Weller Raises $1.25M to Launch ‘Centering’ Snack Line
Today new snack brand Weller announced the launch of a line of hemp-extract enriched coconut bites as well as the close of a $1.25 million round of funding.
The Checkout: FDA Gives More Context to Nutrition Label Changes
This week’s Checkout is all about brands, retailers and government raising their standards around food.
NOSH Voices: Building Consumer Habits, Why Lifestyle Marketing Doesn’t Mean YOUR Lifestyle
In this episode of NOSH Voices, James Richardson examines how to build a lifestyle brand and the that problem arises when entrepreneurs confuse their own lifestyles with valid proof that they have a lifestyle brand.
From ‘Swole’ to Swell: ProYo Rebrands
ProYo announced today that its high protein, low fat ice cream pint brand will now be known as Swell Ice Cream. The rebranding is an attempt to optimize the brand’s name and packaging to better connect with what CEO and founder Nathan Carey said are the core consumers of pints: women, families and “weekend warriors.”