Investment

Frozen Italian food brand Sunday Supper is raising $1.5M to expand its vegan Fritto apps and introduce new vegetarian meals that incorporate dairy.

Chicago-based Sweetmore Bakeries is extending its manufacturing network to the West Coast with the acquisition of California-based Fantasy Baking Co.

California-based school meal provider Revolution Foods has acquired Ardella’s, a five decade-old maker of pizzas and burritos primarily sold to K-12 schools. Financial terms of the deal were not disclosed.

Crustless sandwich brand Fave’Wich has been acquired by bakery business JSB Industries for an undisclosed amount.

Alcohol recovery gummy UNDO is launching in nearly 900 Target stores after closing a $1M seed round to expand its retail footprint.

Mid-Day Squares has secured $8 million in debt financing to significantly expand production capacity ahead of major U.S. launches with Walmart and Costco.

Ferrero Group has agreed to acquire Purely Elizabeth, following months of speculation that the better-for-you granola brand was exploring a sale. Financial terms of the transaction were not disclosed.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard break down the federal government’s first proposed definition of ultraprocessed foods and a rocky quarter for Celsius. The hosts also dig into Khloé Kardashian’s latest Khloud innovation and Keurig Dr Pepper’s lime-forward reformulation of 7UP.

Lotus Bakeries said it will invest 500 million euros, or roughly $577 million, over the next five years to expand global production of Biscoff cookies and spreads.

Plantible has secured $35 million in funding to expand operations and “quintuple annual production” of its Rubi Protein ingredient.