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

In early 2016 coconut and onion chip brand Dang Foods received a minority investment from investment and incubation group Sonoma Brands in order to help the company scale. Apparently, some of it went toward innovation, as well, as the brand is launching a new look and a new line: sticky-rice chips.

With the increasing demand for healthier, alternative snacks, brands made from fruit and vegetables have been growing in popularity. And not just with consumers, but with investors, as well — two growing companies have announced new financing rounds this week alone.

Keeping dairy in the barnyard rather than out among the crops, the proposed bill, the Dairy Pride Act, declares that dairy foods should be made from the secretions of hoofed animals only.

Project NOSH is taking Manhattan. When we raise the curtain on our second New York-based strategy, growth and networking conference for entrepreneurial food businesses, we’ll do so at the Metropolitan Pavilion West, at 639 W 46th Street, on Monday, June 12. An afternoon “Boot Camp” for early-stage entrepreneurs will be offered the day before at a different location.

Primal Kitchen Restaurant’s first franchise in Los Angeles is expected to open this April.

Last week saw a pair of changes in Whole Foods global leadership team, as well as a spate of new hires in supplier companies and food brands alike.

Initially, it seemed like a perfect romance: the venture-backed producer of a protein-heavy flour made from renewable microscopic plants and an up-and-coming “meal disruptor” food and beverage brand meeting to create what could potentially be a monumentally hip “step toward sustainable food production.” But the breakup is real: the past month has found food and beverage producer/replacer Soylent and ingredient supplier TerraVia, engaged in finger-pointing over product problems that plagued Soylent and some of its consumers late last year.

More than 150 public and private companies took the stage during ICR’s investment conference this week — and among its presenters were some of the food industry’s most influential directors.

After five investments that have ranged from jerky to grass-fed dairy to pancake mixes, Sunrise Strategic is taking a bite of the youth-facing snack set with a minority investment in new brand Pure Growth Organic.

Here’s how brands and manufacturers, retailers, and entrepreneurs fit into the city’s vision for a more “inclusive, healthy, vibrant and resilient” Denver.

After launching in July 2016, eighteen94 capital, the venture arm of CPG giant Kellogg Company, has announced Kuli Kuli, a moringa-based brand of bars, powders and shots, as its first investment.

After six years helping develop nascent natural food and beverage brands in New York City, Michael Schwartz, founder of Organic Food Incubator (OFI), is hoping a recent move to a new location in northern New Jersey signals a new chapter for the company and its clients.

Today entrepreneur and investor Zubin Mehta announced the launch of Born Wild Brands. Mehta most recently served as CEO at Nourish Snacks, a better-for-you snack company founded by TODAY’s Joy Bauer.

Longtime Founder and CEO Keith Robbins sold Bubbies Homemade Ice Cream to Kenex Holdings, a Chicago-based investment company, after almost 32 years of business. Financial terms of the deal were not disclosed.