Carol Ortenberg

Posts by Carol Ortenberg

Fueling the Fire: CAVU Invests $8M in Kettle and Fire

Can bone broth be the next kombucha? Investment group CAVU Venture Partners thinks so. The fund announced today an $8 million series A investment in upstart bone broth brand, Kettle and Fire

Bundle Acquired by 1908, Expands Product Portfolio

Boulder-based 1908 brands announced today that is has acquired prenatal and lactation nutrition brand Bundle Organics. The deal comes as Bundle announces new products to take the company beyond teas and beverages and into other popular food categories.

Urban Remedy Looks Beyond California

In recent years, Urban Remedy has expanded distribution beyond Northern California into major urban markets statewide, while establishing a partnership to co-pack private label high pressure processed (HPP) juices for Whole Foods stores on the West Coast.

Rampolla Departs Beanfields as Califia Exec Steps Up

Snack brand Beanfields announced today that Mark Rampolla, founder of coconut water brand Zico, has left his role as CEO of the company and former Califia Farms executive Arnulfo Ventura has stepped into the role.

Dean Foods Acquires Majority Share of Good Karma

Dean Foods Company announced today that it has increased its ownership percentage and taken a majority stake in flax-based dairy brand Good Karma. The investment marks a return to plant-based products for the dairy producer.

GoodBelly Lands $12M Round, Led By 301 Inc.

Today NextFoods Inc, the producer of GoodBelly Probiotics, announced the close of a $12 million round of funding led by 301 Inc, the venture arm of General Mills.

Thrive Creators Build Mission With Venture Arm & Alliance

In the past month, the three co-founders of retailer Thrive Market have announced two platforms to improve the food system and the planet. After launching Thrive Market Ventures (TMV), an investment vehicle for better-for-you brands, earlier this month, the trio announced last week the creation of a philanthropic community called Alliance for Good (AFG).

Bonafide Beefs Up Offerings & Brand

Yesterday, bone broth company Bonafide Provisions unveiled a new brand identity, including a rebrand of its bone broth and “drinkable veggies” lines, and a new line of frozen soups.

Almanac Launches Fund for Scalable & Sustainable Businesses

Today, David Barber, co-owner of restaurants Blue Hill and Blue Hill at Stone Barns, announced the launch of Almanac Investments, a $30 million fund for agriculture and hospitality technology, CPG, and experiential retail companies.

Urban Remedy Raises $17M for Fresh-Focused Platform

Today, “ultra-fresh” food and beverage producer Urban Remedy announced it had closed a $17 million round of capital, with General Mills' venture arm, 301 INC, leading the round.

Former WFM Co-CEO: HeatGenie Makes Customer ‘Center of World’

In bringing on an experienced team of industry experts as advisors and, in some cases, investors, technology company HeatGenie -- which produces small heaters that can be used to warm food or beverage products -- is betting that they’ve found just that.

CircleUp Closes $125M Fund Powered by Machine Learning

CircleUp is hitching its growth fund to Helio. The online fundraising platform today announced the launch of a $125 million venture capital fund that will incorporate the proprietary machine learning platform as a tool to help guide investment in early-stage consumer and retail companies.