Investment

Vertical and indoor farming rode a period of high valuations and significant investment but is now one of many food tech sectors learning to scale more efficiently as funding has dried up.

AI-driven food company Starday Foods has raised a $11 million Series A funding round to expand the distribution footprint of its four brands and optimize its new retailer partnerships platform.

Is the sleepy pasta sauce segment really reeling in star power? That’s the tone behind Monte’s Fine Foods’ latest capital raise after it pulled in $2 million from the consumer venture studio known as Night.

Hershey is acquiring organic popcorn and healthy snack brand LesserEvil for reportedly $750 million, adding to the Pennsylvania food maker’s growing portfolio of salty snacks.

DayDayCook has partnered with prepared-meal producer Hewen Agricultural Technology Limited today to scale its ecommerce, foodservice and DTC business across mainland China.

Gutzy Organic spent last year raising capital from strategic partners as it retooled its formulation and packaging to chase GLP-1 users and consumers seeking high-protein, gut-health snacks.

Fresh cut fruit and vegetable distributor Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, Uganda’s leading supplier of bulk crude and edible avocado oil, per an announcement today.

Several dozen food brands are outpacing category growth and trampling incumbents. As the industry remains challenged by a range of external forces, these companies continue to thrive. Who are they, and how are they doing it?

On this episode of CPG Week, the team unpacks PepsiCo’s unsurprising acquisition of better-for-you soda brand Poppi.

Early-stage CPG is a narrow margin, operationally complexity space. Add in the current, on-and-off trade war and any international investment firm would likely press pause on new ventures.