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

From a Thai sauce brand gaining nationwide distribution, to a vegan puff maker adding new doors, here is the distribution news you need to know.

The investment round was led by New Crop Capital with European food producer PHW Group, retailers Thrive Market and Fresh Direct also taking part.

Popcorn seasoning brand Kernel Season’s, oat-based food brand Quaker Oats and squeezable applesauce company GoGo Squeez all announced new products to move beyond their legacy offerings, eating occasions and consumers.

Drew Harrington and Amanda Klane, the millennial masterminds behind frozen Greek yogurt company Yasso, on the keys to building an $80 million brand. How Cali’flour founder Amy Lacey created a thriving direct-to-consumer business for her brand of innovative, vegetable-based pizza crusts.

The artisanal ice cream brand announced today that it had closed a minority investment from Strand Equity. The capital will be used to help the company scale its presence in retail and to open scoop shops on the West Coast.

In Kellogg’s quarterly earnings report published Thursday, the company said the protein bar brand contributed $59 million in sales during the second quarter and $110 million year-to-date.

This week our newsfeed was filled with stories of retailers trying to gain a competitive advantage — and the brands who are helping them do so.

Frozen novelty brand Chloe’s Fruit announced today the close of a series B round of funding. In 2019 the company plans to deviate from its current 2.5 oz. popsicle for the first time with two new offerings.

At this year’s IFT, research firms Mintel and Innova shared data on new consumer desires and innovation areas for target age groups that food brands should keep in mind in order to see long-term success.

Nutritional supplement company Bulletproof 360, makers of Bulletproof Coffee and bar products, has raised $40 million to fund the company’s continued growth as an omni-channel lifestyle brand.

In this week’s episode of Elevator Talk, meet Fruit Bliss — a brand that’s trying to reinvent the age-old dried fruit category using new technology. Tune in to hear Susan Leone, president of FruitBliss, discuss how the Brooklyn-based brand is using clean-ingredient lists and convenience to bring new consumers to the category.

San Francisco Equity Partners plans to use the brand as the start of a Latin-American platform.

In this week’s episode, we’re joined by the young, ambitious leaders of two trendsetting brands: Rip Pruisken, the co-founder and CEO of fast-growing snack company Rip Van Wafels, and Ely Key, the co-founder, president and CEO of innovative beverage maker Up Mountain Switchel.

Boulder-based 1908 brands announced today that is has acquired prenatal and lactation nutrition brand Bundle Organics. Terms of the deal were not disclosed. The deal comes as Bundle announces new products to take the company beyond teas and beverages and into other popular food categories.