Adrianne DeLuca is the Assistant Managing Editor - Newsletters for BevNET and NOSH.
Backed by $70 million in new growth capital, plant-based food and beverage company NotCo is aiming to build a business-to-business food technology platform “that operates like Coca Cola.”
Senate committee members attempted to extract Kroger and Albertsons’ “side of the story” during a hearing on the $24.6 billion merger. Here are some highlights from the two and a half hour testimony.
Alternative dairy brand MALK announced the close of a $9 million Series B round today to support the brand’s recent shift into national distribution.
The CEOs of Kroger and Albertsons Companies faced intense criticism from the Senate Judiciary Antitrust Subcommittee during a hearing yesterday regarding their proposed merger.
Transitioning to regenerative agriculture, utilizing upcycled food streams, adopting plant-based lifestyles and, of course, reducing carbon footprints, are set to play key roles in current global conversations around climate change.
Consumers are increasingly seeking out fresh and convenient options, leading retailers to reconsider store layouts and invest in technology to improve their efficiency and omnichannel capabilities.
Chobani scuttled its public offering plans on Friday, citing “current market conditions.” The news comes over a year after it filed with the SEC and six months after announcing it would delay its public offering.
Nestlé has introduced a new online platform, the Youth Entrepreneurship Program (YEP), designed to give young entrepreneurs access to education and career development opportunities, with the broader goal of generating ideas to benefit the global food system.
Rachel Kusin was announced as Last Crumb’s marketing director earlier this week, where she will be tasked with utilizing an omni-channel marketing approach to help generate more buzz and establish a lasting brand identity for the luxury cookie brand.
Private equity firm Butterfly announced today it has closed its sophomore fund, securing commitments from an undisclosed number of institutional investors, family offices, entrepreneurs, and food investors to invest a total of $1 billion in “seed to fork” food-focused entities.
A federal judge has rejected Monster’s motion to be awarded $6 million in attorney’s fees over its “intensely litigated” dispute with Vital Pharmaceuticals (VPX), parent company to Bang Energy, on grounds that the case was not considered frivolous or unreasonable in accordance with the Lanham Act.
A band on the cusp of its heyday and a tugboat pulling large ships out of port. Buchi co-founder and CMO Zane Adams uses these two analogies to bookend his brand’s history.
Soon-to-expire snacks, surplus single-serve beverages and excess energy bars are the types of products that are now being donated to food insecure families through nonprofit organization Wellfare’s Better Box. The program currently distributes boxes of better-for-you grocery items nearly 800 recipient families at no cost.
Black-owned South African spirits group Spearhead announced today it has raised $3 million to expand the reach of its two products, Vusa Vodka and Bayab Gin, to the U.S., as well as launch new product lines and accelerate its marketing efforts.
