Latest News in the food Industry

Beverage

Canadian non-alcoholic beer brand raises $4 Million

Canadian non-alcoholic beer brand raises $4 Million

15 Sep 2020

Canadian non-alcoholic beer brand Partake Brewing raised $4 million in a Series A funding round led by San Francisco-based equity firm CircleUp Growth Partners. Additional participation in the round came from Export Development Canada (EDC), Natural Pr...

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Enfamil launches infant formula containing A2 milk proteins

Enfamil launches infant formula containing A2 milk proteins

14 Sep 2020

Infant formula brand Enfamil launched a new, FDA-regulated line containing only A2 milk proteins and the omega-3 protein DHA, a key building block in brain and eye development. The A2-only dairy is sourced directly from European cows that naturally pro...

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PepsiCo’s Naked smoothies switch to 100% recycled plastic in the UK

PepsiCo’s Naked smoothies switch to 100% recycled plastic in the UK

9 Sep 2020

In the UK, Naked smoothies, including Naked Machines, Naked Lean and Naked Zing are now rolling out in bottles that are made from 100% recycled plastic. PepsiCo also updated the labels on these bottles to attract consumers attention to the use of the r...

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European wine industry suffers another blow in beleaguered year

European wine industry suffers another blow in beleaguered year

4 Sep 2020

Despite demand for alcohol, including wine, surging during the pandemic, the global wine industry has been suffering as a result of trade restrictions, labor shortages, and now, weather woes. In Italy’s northern Veneto region, a violent storm at the en...

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Drizly raises $50m to expand booze delivery

Drizly raises $50m to expand booze delivery

1 Sep 2020

E-commerce alcohol delivery service Drizly announced it closed a $50 million funding round led by the investment firm Avenir with participation from Tiger Global and other existing investors. This additional funding brings the company’s total fundraisi...

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Coca-Cola introduces recyclable paperboard rings on its multi-packs

Coca-Cola introduces recyclable paperboard rings on its multi-packs

31 Aug 2020

As a result of its effort to remove all unnecessary hard to recycle plastic from its portfolio in Western Europe, Coca-Cola is introducing a paperboard packaging alternative called CanCollar in Spain.

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Adaptogenic coffee raises $2.7 million to reimagine coffee

Adaptogenic coffee raises $2.7 million to reimagine coffee

24 Aug 2020

Coffee company, Taika, raised $2.7M in seed funding for its adaptogen-infused, ready-to-drink (RTD) beverages. The investment round was led by Kindred Ventures with participation from Obvious Ventures and World Champion Barista James Hoffman. In the co...

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Australia is converting stale beer into electricity

Australia is converting stale beer into electricity

21 Aug 2020

When lockdowns closed pubs, watering holes around Australia found themselves saddled with kegs of ales and lagers that were slowly passing their expiration date. However, instead of dumping them down the drain – which would require additional disposal ...

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Lemon water brand gets celebrity investment

Lemon water brand gets celebrity investment

18 Aug 2020

Cold-pressed lemon water beverage, Lemon Perfect, closed a $6.6 million funding round led by Beechwood Capital, The Big Squeeze, Goat Rodeo Capital, LivWell Ventures, Melitas Ventures, R3 Venture Partners, the RCV Frontline Fund, the Stage 1 Fund, and...

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Oskar Blues Brewery partners with French’s for a mustard beer

Oskar Blues Brewery partners with French’s for a mustard beer

14 Aug 2020

To honor National Mustard Day in the U.S., yellow mustard brand French’s paired up with Oskar Blues Brewery to produce French’s Mustard Beer. The wheat beer is available for a limited time in Oskar Blues Brewery taprooms as well as online at CraftShack...

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Unilever to divest most of its tea business but keep RTD Lipton

Unilever to divest most of its tea business but keep RTD Lipton

7 Aug 2020

After a nearly seven-month review of its tea business, Unilever announced that it would divest the majority of its €3 billion ($3.5 billion) tea business, which includes tea brands PG Tips, Pukka Herbs and Tazo that generated €2 billion ($2.3 billion) ...

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Coca-Cola to launch Topo Chico hard seltzer brand in Latin America

Coca-Cola to launch Topo Chico hard seltzer brand in Latin America

6 Aug 2020

The hard seltzer market has seen phenomenal growth and now Coca-Cola is getting into the space with the launch of Topo Chico Hard Seltzer. Coke announced the alcoholic beverage will be released in select cities in Latin America later this year. In 2021...

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