SAN DIEGO — Cell-cultured seafood manufacturer BlueNalu Inc., a portfolio company of Agronomics, has secured $35 million in a Series B funding round. With the funding, BlueNalu will continue to scale growth toward providing sustainable seafood. In addition, the company will…
ST. LOUIS — On Oct. 10, Post Holdings, Inc. announced it has agreed to acquire Perfection Pet Foods, LLC for $235 million. Perfection Pet Foods is a leading manufacturer and packager of private label and co-manufactured pet foods and baked…
BOULDER, COLO. — Meati Foods, a maker of meat alternatives based on mycelium, is launching its first shelf-stable snack products. The brand’s new line of plant-based jerky, available in original, peppered and sweet chile flavors, is formulated with its patented MushroomRoot,…
PURCHASE, NY. — Different packaging sizes, both for snacks and beverages, is allowing PepsiCo, Inc. to appeal to a variety of consumer preferences, executives said in Oct. 10 comments on third-quarter financial results. In the quarter ended Sept. 9, Purchase-based…
REHOVOT, ISRAEL — Wanda Fish Technologies Ltd., a FoodTech startup company that formulates cultivated fish, has secured $7 million in seed funding. The funding round was led by Aqua-Spark. The funding will enable the company to accelerate creation and scale…
HORSHAM, PA. — Bimbo Bakeries USA is expanding its artisan-style line of products marketed under The Rustik Oven brand with the launch of sliced sourdough sandwich loaves in two varieties: sourdough and multi-grain sourdough. According to BBU, the bread is…
CHICAGO — The Quaker Oats Co., a subsidiary of PepsiCo, Inc., is launching its first breakfast cereal under the Quaker Chewy brand: Quaker Chewy Granola. Quaker Chewy Granola also has 5 grams of protein per serving and is made with…
AUSTIN, MINN. — Hormel brand Skippy is partnering with the Girl Scouts of America to introduce three new varieties of Skippy P.B. Bites featuring Girl Scout Cookie-inspired flavors: coconut caramel, chocolate peanut butter and Adventurefuls. “The new Skippy P.B. Bites…
ATLANTA — This year kicked off with 150,174 convenience stores operating in the United States, a 1.5% increase from a year earlier and reversing a four-year decline, according to the 2023 NACS/NielsenIQ Convenience Industry Store Count report. In-store (non-fuel) sales…
PATERSON, NJ. — SK Capital Partners, LP, a private investment firm focused on specialty materials, ingredients and live sciences sectors, has agreed to acquire J&K Ingredients, Inc., a food and beverage manufacturer and supplier with an emphasis on natural, organic…
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