Investment
Dive into the latest stories, interviews, and discussions relating to investment, funding, and mergers and acquisitions throughout the natural food industry. Explore what the financial future looks like for natural food entrepreneurs in terms of capital availability, deal terms, lending, and the strategic marketplace in order to help shape your planning strategy for the short and medium term.
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Featured Investment Content
Whole Foods Evolves As Natural Merges Into Mass
Amazon is planning to absorb all 100,000 Whole Foods employees, including frontline staff, into its core business structure, per a report this week from Business Insider.
BranchOut Food Gets $2.5M To Expand Production
BranchOut Food received $2.5 million in funding through a common stock sale as it moves to expand its production facility.
Smash Foods Closes Seven-Figure Round To Fuel Further Growth
Smash Foods has closed a seven-figure funding round to expand availability of its superfood spreads and snacks, according to co-founder and chief operating officer Steve Ford. The round was led by Eclair Partners with participation from Label Capital and The Family Fund, alongside a strategic supply chain partner.
Additional Content
Exclusive: Radi to Run Sweet Loren’s as President, Will Grow Beyond Cookie Dough
CPG executive Doug Radi is headed to cookie dough company Sweet Loren’s to serve as its president, a newly created role in which he will oversee all departments and report directly to founder and CEO Loren Brill.
Report: Impossible Foods To Cut Around 6% of Workforce
Impossible Foods has laid off around 6% of its 800-person workforce under a structural reorganization led by CEO Peter McGuinness, according to media reports.
News Roundup: Great Foods Research And Advisory Platform Launches; Planterra Closes
In this week’s roundup: Ecommerce platform GTFO It’s Vegan launches new research and advisory platform; JBS shutters Planterra brand OZO; Daily Harvest supports Latino farmers with regenerative ag grant program; and Yolélé launches fonio beer.
Partake Raises $11.5M To Scale Brand And Social Impact Goals
Allergen-friendly bakery brand Partake announced it has raised $11.5 million to expand distribution, continue launching new innovations, grow its team members and expand marketing efforts.
Following Bankruptcy, Buyk Assets Go Up for Sale
Rapid delivery service Buyk is seeking a buyer for its assets after declaring bankruptcy earlier this year due to funding issues.
Pat Brown Switches Roles Again To Lead Impossible Labs
Impossible Foods founder and chief visionary officer Pat Brown is leaving the c-suite to lead the company’s new research arm, tentatively dubbed Impossible Labs. This will be Brown’s second title change this year.
Unilever CEO Alan Jope To Retire
Unilever CEO Alan Jope will retire at the end of 2023. Jope has worked for the global CPG giant for 35 years, beginning as a trainee, and worked his way up to hold a range of senior leadership positions before being named CEO in 2019.
Delayed Ops: Beyond Meat Sees Chief Supply Chain Officer Depart
Just two days after Beyond Meat suspended its COO Doug Ramsey, the alt-meat company is losing another operations executive. The company said that chief supply chain officer Bernie Adcock announced on September 20 that he would be stepping down, effective September 30.
Stormberg Foods Maneuvers To Lead U.S. Biltong Category
South African meat snack manufacturer Stormberg Foods has acquired Ayoba Foods in an effort to directly compete against U.S. biltong category leader Stryve.
News Roundup: Brazi Bites Launches Latino Entrepreneur Accelerator; PepsiCo and ADM Team Up On Regenerative Ag
In this week’s roundup: Brazi Bites launches an accelerator programs for Latino business owners, PepsiCo and ADM team up on a new regenerative agriculture initiative, Kroger consolidates its low-price private label lines and Barkley acquires Smiths Agency.