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

The company announced today the close of a $90 million round of funding led by GV (formerly Google Ventures). “What we’re doing at Bowery is not only innovating on the way farming is done, but we’re also innovating around the entirety of the fresh food supply chain,” Bowery co-founder and CEO Irving Fain told NOSH.

In addition to its nationwide launch into the U.S. market, the ketogenic diet-focused company today announced the close of a $5 million round of funding and the launch of a new product line. In total, the two year old company has raised $9.4 million in funding.

Dawes joined Taste Radio for a conversation chronicling her entrepreneurial journey, from childhood to her decision to launch Late July Snacks to its eventual sale. She also explained why staying independent early on and maintaining voting control of her company saved it from potential downfall and told a remarkable story about her first sales call.

Cece’s Veggie Co. announced today an investment in the company by Walter Robb, the former co-CEO of Whole Foods Market. Exact terms of Robb’s investment were not disclosed, but founder Mason Arnold told NOSH it was a “meaningful” amount.

In a new report Nielsen researchers found that not only are millennials shopping differently for fast-moving consumer goods and using technology in new ways to inform those purchasing decisions, but also care more about integrated corporate social responsibility initiatives and health claims.

The new venture, known as Nursery, will serve as an incubator for emerging brands. Founder Adam Melonas told brands he is planning to shift away from a shared kitchen model to one where Nursery will also take an equity stake in the brands using the space.

Fat Snax founder and CEO, Jeff Frese, is on a mission to help end metabolic diseases influenced by lifestyle. Fat Snax produces low carb cookies and teas, targeted at the low-carb ketogenic fitness community. The company is looking for strategic partnerships to help grow its retail footprint.

In this episode, Adam Lowry explores the development of both Method and Ripple and how lessons from the former factored into the foundation for the latter. He also shared his perspective on how the funding environment for CPG brands has changed.

Vietnamese-inspired coffee brand Copper Cow Coffee today announced the close of a $2 million round of funding today. The round was led by Silverton Partners, which contributed half of the capital, with CRCM Ventures, Montage Ventures and Social Starts also taking part.

Beanfields CEO Arnold Ventura explores the development of his professional life amid the rapidly evolving food and beverage industries and how lessons gleaned from each role have molded his perspective on business and his leadership style.

On the second day of NOSH Live Winter 2018, entrepreneurs, investors, analysts, and executives gave their perspective on how to innovate, differentiate, and navigate in a rapidly changing industry.

Creation Nation, a maker of no-bake protein bar and bite mixes, emerged as the winner of the 2018 NOSH Pitch Slam product competition held during the two-day NOSH Live winter conference on November 29 and 30 in Santa Monica, Calif.

The question of how to bring consumers into new categories and products rather than freezing them out — to grow the tribe, in other words — was posed by NOSH.com editor Carol Ortenberg at the start of the first day of NOSH Live Winter 2018 today. Over the course of the morning’s main stage presentations, experts from across the industry weighed in on how food companies both large and small can tackle this critical challenge.

Organic condiment maker Primal Kitchen is set to be acquired by The Kraft Heinz Company in a deal valued at approximately $200 million, the companies announced earlier today. The transaction is expected to close in 2019.