Latest News in the food Industry

Functional Foods

Plant-based food maker Laird Superfood files for $40M IPO

Plant-based food maker Laird Superfood files for $40M IPO

17 Sep 2020

Laird Superfood, a company founded by the surfer Laird Hamilton, is riding the IPO wave and filed for a $40 million fundraise from investors to appear on the New York Stock Exchange. The company indicated it will use the symbol “LSF.”

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Scientists discover the key to garlicy-ness

Scientists discover the key to garlicy-ness

26 Aug 2020

Researchers from Virginia Tech have discovered a biological process in garlic that creates allicin and that may lead to the creation of bulbs with differing levels of pungency. The scientists also said this discovery can contribute to farmers having be...

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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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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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Chobani releases a functional non-dairy beverage

Chobani releases a functional non-dairy beverage

5 Aug 2020

Chobani released a non-dairy probiotic drink to further its efforts to expand out of animal-based dairy. The functional beverage is made with an oat base, has 80 calories, 11 grams of sugar and is made with organic, non-GMO ingredients.

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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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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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Mintel: coronavirus spurred French consumer toward local and functional foods

Mintel: coronavirus spurred French consumer toward local and functional foods

25 May 2020

After two months of strict confinement in France, market insights firm Mintel discovered that French consumer preferences have shifted to favor both local products and functional foods in a more pronounced manner than before the government enacted quar...

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Stakeholders send letter to European Commission asking for standardized labeling across Europe

Stakeholders send letter to European Commission asking for standardized labeling across Europe

19 May 2020

A coalition of nearly 40 food and beverage industry titans sent a letter to the European Commission’s Commissioner for Health and Food Safety on April 27 calling for mandatory EU-wide adoption of consistent front of package labeling to combat the risin...

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Chicken protein now comes bottled for convenience

Chicken protein now comes bottled for convenience

5 May 2020

Singaporean workout enthusiast, Brian Chia, brought BE ALPHA meat-based protein smoothies to Singapore where he has found commercial success. He is now looking to expand his meal replacement beverage to the U.S. and other countries.

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Could revised calorie content boost nut consumption?

Could revised calorie content boost nut consumption?

20 Jan 2020

Researchers from the USDA have discovered that tree nuts like almonds, cashews and pistachios may have fewer calories than previously thought, and food firms are starting to reflect this on pack. Could fewer calories prompt consumers to eat more nuts?

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Future Meat Technologies gets $14 million funding

Future Meat Technologies gets $14 million funding

17 Oct 2019

Future Meat Technologies has closed a $14 million Series A funding round led by S2G Ventures, a Chicago-based venture capital firm and one of the forces behind Beyond Meat's IPO, and Emerald Technology Ventures, a Swiss-based venture capital firm.

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