Food Industry News, Insights, and Education for the CPG Community

Siddhi Capital announced the closing of its second fund today at $135 million; the new vehicle marks the firm’s shift from startup to growth equity stage investments and a broadening beyond food and beverage.

Oats Overnight announced today it has raised $35 million in a Series B funding round intended to help the high-protein oats brand continue to expand its manufacturing capabilities and grow its footprint in retail stores.

Regenerative ingredient platform company Above Food marked its first month trading on the Nasdaq with an update and overview last week highlighting that the overall business has grown at a CAGR of 34% since fiscal 2021.

Shelf-stable baby and toddler food brand Serenity Kids has expanded its distribution footprint with the addition of 2,000 Albertsons locations nationwide.

Dutch cultured meat maker Meatable announced its a appointed beef industry executive as its CEO to lead the food tech outfit into a role partnering with established meat companies.

In this week’s new products roundup, Ready. Set. Food! teams up with beloved children’s TV character Daniel Tiger to launch a line of puree pouches, Juice Generation makes its first foray into the gelato category and Bubbies unveils a TEA-riffic new flavor.

Also in this edition: this week’s hot new products, news from Kroger/Albertsons deal deliberations, inside Gopuff’s new ad platform and why Ferrero is upping its frozen manufacturing investments.

Kroger and Albertsons’ $24.6 billion grocery merger is once again in flux after a Colorado judge and the state’s attorneys general agreed today to an order temporarily halting the proceedings.

On this episode of CPG Week, the podcast team talks expensive energy drink-themed accessories, IFT First and the latest legal quandary for Logan Paul’s drink brand, PRIME.

LOVO Chocolate has honed a unique position in the milk chocolate set and is aiming to “punch out” a new arena that embraces the flavor profiles of plant milks.

Get ready for the ultimate showcase of innovation in the packaged food industry at Nosh Live Winter 2024, taking place on December 5 + 6. One of the highlights of the two-day event is the Nosh Live Pitch Slam, where leaders from emerging packaged food startups introduce their brands and reveal the latest industry trends…. Read more »

This report, which focuses on the GLP/Ozempic craze, features exclusive content created just for our Nosh Insider audience!

Oatly saw volumes grow in all segments during Q2 and credited its shift to an asset-light supply chain model as the key driver, allowing the brand to reduce its cost structure and focus on more efficient execution, per an earnings report this morning.

Canadian food producer Manitoba Harvest Hemp Foods has acquired the IP, brand and formulations of grain free cracker company The Humble Seed.