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

Chilled oat bar brand Mooski has landed a $1.5 million Series A investment round from an angel investor to scale operations amid triple-digit growth.

Despite its relatively low name recognition nationally, the brand is steadily building its wholesale and cart franchise business after divesting its refrigerated distribution company, Perfect 10 Foods (P10), to Rainforest Distribution in January.

The Better Meat Co. (BMC) announced it has closed an oversubscribed $31 million round of Series A funding co-led by Future Ventures and Resilience Reserve.

Nearly every food category has seen some level of protein-ification in recent years, and now it’s condiments’ turn to bulk up.

Artificial intelligence-powered manufacturing platform Keychain has raised $30 million in a Series B funding round led by Wellington Management and BoxGroup, alongside existing investors. To date, the startup has raised a total of $68 million just 18 months after its launch.

Brami is launching its collection of Italian Protein Pasta in six Costco regions beginning this month; plus new distribution moves by MUSH, Momofuku, Pop Secret and more.

The CPG business is undergoing a shift, but without a crystal ball to determine where the industry will land in a decade from now, we’ll have to rely on recent news and survey responses from those on the front lines.

Building brand awareness while working to grow a startup is a delicate balancing act that has pushed many early-stage brands to look beyond their own audience, seeking out collaborations to accelerate awareness as they work to build beyond their own niches.

This week, we’re dipping our skinny toes in the coconut bites set, turning a Costco roadshow appearance into a long-term deal, and getting ripped while gorging on ice cream. Hey, what more could you ask for? Stop salivating and start reading: click here to check out the full Sunday spectacle that is the Nosh Insider… Read more »

Flowers Foods has again downgraded its full-year guidance after posting mixed second quarter results, citing headwinds such as macroeconomic uncertainty and more intense competition in the bread category.

In this week’s notable new products roundup, Fly By Jing transforms a classic American condiment, Actual Veggies teams with chef Maya Kaimal on its first product collaboration, and Sweet Loren’s launches its most requested cookie dough flavor.

The frozen meal maker is introducing its “most ambitious brand refresh” in its 15-year history, according to founder and CEO Adnan Durrani, as it aims to align with today’s consumer trends, including the growing anti-seed oil sentiment and an insatiable appetite for protein.

Amazon is now offering Same-Day Delivery for perishable groceries in over 1,000 cities, with plans to expand to 2,300 by the end of the year.

In this episode of CPG Week, Nosh managing editor Monica Watrous and senior reporter Brad Avery dig into an acquisition, an acquisition attempt and an acquisition target, as well as an artificial intelligence mishap.