Investment

Boston-based air-popped water lily seed snack maker Bohana has been acquired by Ore City, Texas-based Boon Distribution, according to an email the brand sent to NOSH last week. Terms of the deal were not disclosed.

Eastern Standard Provisions has completed a funding round with participation from Mondelēz International’s venture arm SnackFutures.

Nestlé-owned ready-made meal delivery platform Freshly appears to be shutting down its direct-to-consumer business, according to media reports and a LinkedIn post from the company’s co-founder.

Under the leadership of Adam Grogan, meat juggernaut Maple Leaf Farms is broadening how it looks at the alt-protein category by partnering with The Better Meat Co. and exploring new food-tech offerings.

Regardless of what it’s called – plant-based, alternative, animal-free, fake meat – 2022 saw plenty of money and movement in the category of non-animal-derived protein. Check out the timeline for highlights from the emerging and tumultuous industry.

Ice cream maker Ample Hills is temporarily closing in a last-ditch attempt to secure critical financing to continue operations, the company stated in a letter posted to its website on Monday.

Good Karma Foods has named Mike Murray as its new CEO as the plant-based dairy alternative producer prepares to close a new financing round led by Valor Siren Ventures (VSV) and Loft Growth Partners. Murray arrives at the Boulder, Colorado-based brand from protein solutions company Teton Waters Ranch where he had served as CEO since… Read more »

Cometeer, the Massachusetts-based maker of flash-frozen coffee pods, laid off a number of employees across departments last week in a move sources described as an attempt to cut costs. The innovation-focused startup, founded in 2015 by CEO Matt Roberts and CTO Douglas Hoon, had grown to over 100 employees this year, following a $35 million… Read more »

Washington State’s Supreme Court extended the block on Albertsons’ $4 billion special dividend payment to shareholders late last week by granting the state attorney general’s (AG)’s request for emergency injunctive relief.

Back to Nature has traded hands, with BA Brussels, LLC, a subsidiary of Barilla America, acquiring the snack brand from B&G Foods as part of a larger strategy to diversify its U.S. portfolio.