HGGC to acquire Nutraceutical International for $446 million
In Utah, HGGC, LLC, a middle-market private equity firm, entered into a definitive agreement to acquire Nutraceutical International Corporation, an integrated manufacturer, marketer, distributor...
Nestlé USA invests in Freshly to expand direct-to-consumer healthy prepared meals nationwide
In Virginia, Nestlé USA acquired a minority interest in Freshly, a leading provider of direct-to-consumer healthy prepared meals. As the lead investor in the...
KFC expects consumers to flock to chicken substitute
In Kentucky, fried chicken mainstay KFC is leaning into plant-based meat substitutes, signing a collaboration in 3D bioprinting and aggressively expanding its Beyond Fried...
The Beyond Burger now available in more than 2,000 grocery stores nationwide
In California, Beyond Meat, a leader in plant-based protein, announced new distribution channels for the Beyond Burger. After a successful pilot in the meat...
It’s confirmed, eat fish twice a week to reduce heart disease risk
In Texas, a new scientific advisory reaffirms the American Heart Association's recommendation to eat fish – especially those rich in Omega-3 fatty acids –...
Soylent receives $50 million in Series B funding
In California, Soylent announced the completion of a $50 million Series B financing round led by GV with participation from Tao Capital Partners, as...
Ginkgo Bioworks and Tender Foods win DOE grants for alt proteins
In Boston, foodtech startup Tender Foods and synthetic biology firm Ginkgo Bioworks are among more than 60 recipients of recent US Department of Energy...
Bay Area food tech promises cow-free pizza by 2023
In San Francisco, precision fermentation startup New Culture is targeting late 2023 for the launch of its animal-free mozzarella cheese. The company plans to...
Vegan ice cream Brave Robot uses biotech to produce milk proteins
In California, food technology firm Perfect Day has expanded into animal-free dairy ice cream.
Dubbed Brave Robot, the company uses genetically modified microflora to produce...
Mirai and Shiok partner on cultivated beef
In Singapore, two major cultivated meat companies have partnered to develop lab-grown beef and secure regulatory approval. Under the terms of the agreement, Switzerland’s...