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Drizly predicts that hard seltzer will get more flavorful in 2021

Drizly predicts that hard seltzer will get more flavorful in 2021

11 Mar 2021

The U.S. alcohol delivery service Drizly expects “hard alternatives” to continue to flourish in 2021. However, the category is no longer limited to seltzer with hard versions of iced tea, kombucha and lemonade gaining ground amid a demographic that is ...

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Coffee start-up to scale up ‘digitization’ of coffee aroma with $3m funding

Coffee start-up to scale up ‘digitization’ of coffee aroma with $3m funding

11 Mar 2021

Colombian-Israeli start-up Demetria is ready to scale up its Artificial Intelligence-driven tools that digitize the taste and aroma of coffee after closing a $3 million seed funding round.

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Singapore-based Next Gen announces largest plant-based seed funding

Singapore-based Next Gen announces largest plant-based seed funding

10 Mar 2021

Food tech startup Next Gen closed a $10 million seed round, giving the company the right to claim the largest ever seed funding round for a plant-based food tech company, according to Pitchbook data cited by the startup. Along with the influx of fundin...

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Beyond Meat signs deal with McDonald’s and Yum! Brands

Beyond Meat signs deal with McDonald’s and Yum! Brands

9 Mar 2021

Plant-based burger maker Beyond Meat announced that it struck a three-year partnership with McDonald’s to be the fast food chain’s preferred supplier for the McPlant patty. Additionally, Beyond Meat will partner with Yum! Brands, which owns KFC, Pizza ...

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Healthy Height expands into China

Healthy Height expands into China

9 Mar 2021

Healthy Height, the nutritional shake brand which has been clinically proven to increase children’s height is expanding its e-commerce presence in China.

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Asahi Breweries launches low-alcohol alternative Beery

Asahi Breweries launches low-alcohol alternative Beery

8 Mar 2021

Asahi Breweries launched a carbonated, low-alcohol drink as part of its endeavor to increase the sales of beverages with ABV volumes under 3.5%. The Japanese brewery is working to expand low-alcohol sales from 6% to 20% by 2025. The 0.5% ABV Beery beve...

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‘Impressive growth’: Spain’s entrepreneurs show growing appetite for food tech

‘Impressive growth’: Spain’s entrepreneurs show growing appetite for food tech

8 Mar 2021

In recent years, some places, such as Silicon Valley or Tel Aviv, have become synonymous with food tech and innovation. Spain does not tend to spring to mind.

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Europe aims to make beverage packaging fully circular by 2030

Europe aims to make beverage packaging fully circular by 2030

5 Mar 2021

UNESDA Soft Drinks Europe, the trade association representing the European non-alcoholic beverage sector has pledged to make beverage packaging fully-circular in Europe by 2030. The association plans to accomplish this by incentivizing the use of rPET,...

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Danone acquires the LA-based vegan dairy maker Follow Your Heart

Danone acquires the LA-based vegan dairy maker Follow Your Heart

4 Mar 2021

French dairy conglomerate Danone acquired the Los Angeles-based vegan dairy maker, Follow Your Heart. The acquisition was done with a 100% purchase of Earth Island shares, the brand’s parent company. However, financial details were not disclosed.

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The healthier comfort food alternative

The healthier comfort food alternative

4 Mar 2021

The new product reducing sodium while enhancing umami flavour in popular comfort foods.

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Mosa Meat finishes its funding round with $96M

Mosa Meat finishes its funding round with $96M

3 Mar 2021

Dutch foodtech company Mosa Meat raised $10 million in its final Series B funding round, bringing the company’s total funding to $96 million. The company, which produces slaughter-free meat, said it would use this latest cash infusion to increase its p...

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Swedish brand Oatly files for U.S. IPO

Swedish brand Oatly files for U.S. IPO

2 Mar 2021

Swedish oat milk brand Oatly submitted its filing to the U.S. Securities and Exchange Commission for an initial public offering on the U.S. stock exchange. This late February filing did not detail the number of shares Oatly proposes to release nor thei...

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