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Unilever and Nestlé petition to phase out caged hens in Europe

Unilever and Nestlé petition to phase out caged hens in Europe

29 Mar 2021

In a letter to the European Commission, major food titans called on the government to end the practice of raising hens in cages in the European agricultural sector. To accomplish this push, industry heavyweights Unilever and Nestlé partnered with the o...

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Swiss cultivated meat start-up raises $2.2m; aims for 2022 product launch

Swiss cultivated meat start-up raises $2.2m; aims for 2022 product launch

26 Mar 2021

This month, Swiss cell-cultured meat start-up Mirai Foods announced it raised US$2.2 million in a second seed round, bringing the total seed financing raised in 2021 to $4.5m.

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Alaska takes on 21 companies in a $1 billion price-fixing lawsuit

Alaska takes on 21 companies in a $1 billion price-fixing lawsuit

26 Mar 2021

The state of Alaska filed a lawsuit a $1.05 billion lawsuit against 21 chicken producers, accusing these companies of price fixing. In its filing, the State of Alaska is asking for $50 million in damage and restitution payments from each defendant.

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Givaudan launches new digital sensory insights tool

Givaudan launches new digital sensory insights tool

25 Mar 2021

Givaudan Taste & Wellbeing has introduced a new digital tool which uses AI and aroma technology to enhance its understanding of consumer preferences.

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Danone revamps itself, ousting CEO and adding to its portfolio

Danone revamps itself, ousting CEO and adding to its portfolio

24 Mar 2021

As Danone continues to face pressure both from industry competition as well as activist investors, the company has decided to separate its chairman and CEO roles, which are currently held by Emmanuel Faber. Additionally, Danone is searching for a new C...

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Babylon MicroFarms Closes $3M Seed Round

Babylon MicroFarms Closes $3M Seed Round

23 Mar 2021

Virginia-based agtech company Babylon Micro-Farms announced that it raised $3 million in a seed funding round with participation from existing its investor, the Center for Innovative Technology, as well as new participants, including Hull Street Capita...

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US edges towards making sesame declaration mandatory

US edges towards making sesame declaration mandatory

19 Mar 2021

Earlier this month, the US Senate unanimously passed a bill to require food manufacturers to list in plain language sesame as an allergen on food packaging.

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Aleph Farms is bringing cultivated steak to Brazil

Aleph Farms is bringing cultivated steak to Brazil

19 Mar 2021

This month, cell-based meat producer Aleph Farms partnered with Brazilian-based BRF S.A. in a Memorandum of Understanding (MoU) agreement that will bring cultivated meat to the Brazilian market. Under the agreement, the two companies will co-develop a ...

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Nestlé purchases Essentia Water, increases functional water portfolio

Nestlé purchases Essentia Water, increases functional water portfolio

18 Mar 2021

Nestlé entered into an agreement in early March to acquire ionized alkaline water brand Essentia Water, which the Swiss company said was the No. 1 selling bottled water brand in the natural channel.

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Good Catch sends its plant-based burgers into fast food

Good Catch sends its plant-based burgers into fast food

12 Mar 2021

Plant-based tuna brand Good Catch announced that it will expand its foodservice footprint in New York through its new limited-time partnership with the sustainable restaurant chain Bareburger. While the initial trial period expired on March 10, the com...

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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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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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