Investment

Breakfast biscuit brand Olyra Foods has secured $3.5 million in debt refinancing, according to a SEC Form D filed last week.

Afghan-inspired food company Maazah has raised a $2 million seed round with participation from existing investors as well as three family offices based in the brand’s hometown of Minneapolis.

Chiyo, a meal delivery service specializing in women’s health and nutrition, announced today it has been acquired by Epicured, another meal delivery service which focuses on low-FODMAP, gluten-free and other digestive health specific offerings.

Nestlé S.A. announced today that it is in “advanced negotiations” to offload its remaining ice cream unit to Froneri, with CEO Phillip Navratil calling the business “a distraction.”

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery discuss the latest development in Kraft Heinz’s breakup plans, new funding and partnership for Patrick Mahomes-backed Throne Sport Coffee, a protein bar developed for mixed martial arts athletes, and what’s next for Lance Collins’ Accelerator Active Energy.

Sustainability-oriented, kelp-based snack brand Sea Monsters is winding down operations after nearly seven years on the market.

Ford Gum – best known as the licensing and manufacturing partner of Big League Chew – placed its bet on the caffeinated gum set roughly 18 months ago with the acquisition of Military Energy Gum.

Manufacturing capacity can be a CPG brand’s secret weapon to scale, and a growing number of businesses are looking to like-minded companies to combine resources and stoke growth.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard dig into the latest development surrounding the beleaguered maker of The Better Bagel, Barron Trump’s involvement in a beverage startup and the recent departure of Impossible Foods’ chief executive. The podcasters also review the impact of deflated cocoa prices on chocolate makers and consumers at the checkout.

Israeli specialty food producer Eshbal Functional Food announced today that it has taken a majority stake in select assets of the U.S.-based, vegetable-forward brand Dare to Be Different Foods, expanding its North American footprint.