Latest News in the food Industry

Innovation

Cultivated fat is a potential popular addition to plant-based products

21 Jan 2021

Cultivated fat might be the next ingredient to melt the hearts of fans of plant-based products, with two-thirds of plant-based meat companies interested in incorporating the ingredient into their recipes, according to a survey Peace of Meat.

Swedish ice cream maker snags $30 million, partners with Perfect Day

20 Jan 2021

Swedish sugar-free ice cream brand, Nick’s scooped up $30 million in a funding round led by Stockholm-based investment group Gullspång invest, an early investor in Oatly. Along with a sizeable infusion of cash, the better-for-you ice cream brand also s...

Pepsi debuts its own “Cocoa” Cola flavor

13 Jan 2021

PepsiCo is fanning the fires of the cola wars with the release of its new Pepsi “Cocoa” Cola flavor. The new soda reportedly has a taste that blends the classic Pepsi soft drink with flavors of hot cocoa and marshmallow.

Gotham Greens expands its local greenhouses with $87M in funding

7 Jan 2021

Indoor greenhouse company Gotham Greens raised $87 million in a Series D round led by Manna Tree, bringing its total funding to $130 million while also doubling its revenue in the past year. Retail volume growth has jumped 80% year over year for the co...

Singapore becomes first country to approve lab-grown meat

4 Jan 2021

The Singapore Food Agency, the city state’s regulatory body for food, approved San Francisco startup Eat Just’s cell-based meat chicken product, paving the way for its sale in the country.

Abbott launches infant formula with immune component

10 Dec 2020

Infant nutrition company Abbott Nutrition launched its new Similac line Pro-Advance which is its “closest formulation to breast milk” and includes added 2’-FL HMO prebiotic for infant immune support. The company is launching this product in Canada wher...

Terra Kaffe closes funding for single-serve, podless espresso machine

1 Dec 2020

Superautomatic espresso maker Terra Kaffee closed a $4 million funding round with the New York-based venture capital fund The Seed Lab, bringing its total funding to just shy of $5 million since its debut in 2019.

Former Walmart alumnus brings AI to trucking, minimizing spoiled produce

26 Nov 2020

The former Walmart executive Syed Aman has moved on in his logistics career and is now the cofounder and CEO of HWY Haul, a company that professes a goal of streamlining the business of delivering produce to retailers while also reducing food waste.

Cham Foods releases pulse and grain-based instant meals

24 Nov 2020

Israeli based Cham Foods has engineered a line of dry, ready-to-eat pulse- and grain-based instant meals. These new instant meals and soups contain legumes and grains that when hot water is added retain the shape and texture and take only minutes to ma...

Israeli cell-based meat company Meat Tech 3D files for U.S. IPO

12 Nov 2020

Israeli cell-based meat company, Meat-Tech 3D, is a relative newcomer to the industry but is making up for lost time with a flurry of activity. Most recently, the company filed its paperwork with the U.S. Securities and Exchange Commission to begin the...

Coca-Cola reveals its new paper bottle prototype

11 Nov 2020

Atlanta-based beverage company Coca-Cola announced that it is testing a paper bottle prototype this month for both still and carbonated beverages. While this prototype will be tested in limited markets, Coca-Cola said that it is “too early” to specific...

Plant-based food maker Alpha Foods launches DTC platform

10 Nov 2020

California-based Alpha Foods launched its direct-to-consumer (DTC) platform in the U.S. to take advantage of the growing market for plant-based and e-commerce delivery options. The company's products will also continue to be sold at brick and mortar re...