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Chilean biotech firm Protera moves to Paris, closes $5.6M in Series A funding

Chilean biotech firm Protera moves to Paris, closes $5.6M in Series A funding

6 Jul 2020

The AI-driven bioscience startup Protera closed a $5.6 million round of funding on June 10, that was led by Sofinnova Partners, a European life sciences venture capital firm. There was also participation from an existing venture capital investor, SOSV.

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Food allergies affect 1 in 4 consumers, according to FARE

Food allergies affect 1 in 4 consumers, according to FARE

3 Jul 2020

New research from FARE (Food Allergy Research & Education) found that 85 million Americans, or 1 in 4 people, avoid purchasing products with the top 9 allergens due to either personal allergies or allergies suffers that live in the same household.

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Natural, native and healthy: Latin America’s rising star superfoods

Natural, native and healthy: Latin America’s rising star superfoods

3 Jul 2020

From açaí to quinoa, chia to maqui, native Latin American superfoods give products a healthy, wholefood halo– and the region has plenty of undiscovered superfoods waiting to be commercialized, says one expert.

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Spiritless, a non-alcoholic bourbon hailing from bourbon country

Spiritless, a non-alcoholic bourbon hailing from bourbon country

2 Jul 2020

Much as the name indicates, a new, alcohol-free bourbon has appeared on the U.S. market. Called Spiritless Kentucky 74, this libation hails from the heart of bourbon country and became available at the end of June.

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Novozymes acquires PrecisionBiotics Group

Novozymes acquires PrecisionBiotics Group

2 Jul 2020

Danish biotech company Novozymes announced its acquisition of Irish probiotics firm PrecisionBiotics Group for €80 million.

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PepsiCo releases SodaStream Pro for universities and offices

PepsiCo releases SodaStream Pro for universities and offices

1 Jul 2020

PepsiCo is taking its SodaStream system from its exclusive private real estate on kitchen counters to the public arena with the introduction of its SodaStream Professional that will be rolled out worldwide this fall.

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Five-month-old Indonesian startup raises $10.5M

Five-month-old Indonesian startup raises $10.5M

30 Jun 2020

After five months in business, the Indonesian e-commerce startup Ula has raised $10.5 million in a round led by Sequoia India and Lightspeed India. Additional participation was offered by SMDV, Quona Capital, Saison Capital and Alter Global.

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Scientists develop next-generation DNA barcoding for food traceability

Scientists develop next-generation DNA barcoding for food traceability

29 Jun 2020

Encapsulating fragile DNA barcodes into custom-made microbial spores creates a cheap and scalable tool for farm-to-fork traceability, say the Harvard scientists behind the research.

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Nutrition labels and healthy reformulation in Latin America

Nutrition labels and healthy reformulation in Latin America

26 Jun 2020

Mexico’s front-of-pack warning nutrition label has entered into force. Will healthy reformulation follow?

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Euromonitor report: How will Covid-19 change consumer focus in retail?

Euromonitor report: How will Covid-19 change consumer focus in retail?

25 Jun 2020

The global pandemic that arrived this spring has upended the food and beverage market for both manufacturers and consumers in unpredictable ways. In a new report from Euromonitor, the market research firm looked at the future state of the FMCG sector a...

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Bühler Group partners with Big Idea Ventures to accelerate plant-based meat alternatives

Bühler Group partners with Big Idea Ventures to accelerate plant-based meat alternatives

24 Jun 2020

The 160-year-old Swiss equipment manufacturer Bühler Group has inked a new partnership deal with the alternative protein accelerator and venture capital firm Big Idea Ventures to invest in the firm’s mission to create sustainable, plant-based alternati...

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Research shows adding iodine to salt may pose risks to some populations

Research shows adding iodine to salt may pose risks to some populations

23 Jun 2020

A new study by the Norwegian’s Scientific Committee on Food and the Environment (VKM) concluded that although the addition of iodine to salt used in products throughout the country would benefit adolescents and women of childbearing age, the same incre...

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