Month February 2024

Niramaya Foods using dips to deliver traditional Indian innovation

NEW YORK — Mehek Khera launched Niramaya Foods Indian-based dips in September 2022 to provide consumers with heritage inspired nutrition while meeting modern needs. “These recipes are my great grandmothers and are rooted in (Indian) culture, but are also plant forward…

Cookie startup opens crowdfunding round

NEW YORK — Mmmly, a plant-based cookie startup that focuses on better-for-you snacking, has opened a crowdfunding round on Wefunder to help add new classic flavors, debut its first nut-free flavor, and grow in retail. Mmmly was found in 2020 by…

Elo Life Systems raises $20.5 million

DURHAM, NC.  — Elo Life Systems has raised $20.5 million in an oversubscribed Series A2 funding round. The funding round was led by DCVC Bio and Novo Holdings. Other investors included Hanwha Next Generation Opportunity Fund, AccelR8, and Alexandria Venture Investments.…

Discipline, diversification propel Post performance in Q1

ST. LOUIS — “Vastly improved” manufacturing performance and discipline in pricing and cost management helped Post Holdings, Inc. build off momentum from the back half of fiscal 2023 and kick fiscal 2024 off with a strong start, said Robert V.…

Fresh records into the weekend for S&P, Dow

Home » Fresh records into the weekend for S&P, Dow Source: Sosland Publishing Co. Recap for February 2 Shares of huge American technology companies — led by Meta, which added 20% after reporting its biggest quarterly sales increase in two…

Lancaster and Subway partner on retail sauce line

WESTERVILLE, OHIO — A successful licensing program with Chick-fil-A and Buffalo Wild Wings has paid huge dividends for Lancaster Colony Corp. over the past few years. Now, the manufacturer and marketer of specialty food products for the retail and foodservice…

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