Investment

Stone & Skillet has closed a $5 million Series A round led by BFG Partners as it plans to grow its distribution footprint.

The Better Butchers, a Canadian maker of plant-based meat alternatives, has signed a letter of intent to be acquired by Health Logic Interactive, a dormant public company, in a proposed reverse takeover transaction.

Lupini bean food platform Brami announced today it has raised $33 million in a funding round led by VMG Partners.

Laird Superfood’s first quarter marked a “transformative milestone” amid efforts to build out a scaled positive nutrition platform, according to executives of the Boulder, Colo.-based business.

The Cream of Wheat and Ortega maker has completed major steps in reshaping its portfolio, including the offloading of its U.S. frozen Green Giant business and the acquisition of the College Inn and Kitchen Basics broth businesses.

This week on the podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss the acquisitions of Brainiac and Van’s, Target’s expansion in hemp drinks, and Beyond’s big bet in beverages.

Vertical farming food tech company Oishii announced today the first closing of its $150 million Series C round, led by SPARX Asset Management Co.

Harken Sweets is expanding into Costco with new backing from Taste Tomorrow Ventures and grt sht ventures, signaling growing retailer and investor confidence in the premium indulgence category.

The nation’s largest egg producer, Cal-Maine Foods, announced today it will acquire certain assets of the Van’s Foods business from Sara Lee Frozen Bakery, LLC, a portfolio company of private equity firm Kohlberg. Financial terms of the transaction were not disclosed.

Three months after offloading its snacks business, Hain Celestial reported its free cash flow increased to $35 million and debt fell below $145 million year-to-date during its third-quarter earnings, released today.