Washington, D.C.—Five senators have signed a letter submitted to the Subcommittee on Agriculture requesting a $3.75m increase in funding for the Office of Dietary Supplement Programs (ODSP) in Fiscal Year 2022. The letter states that “ODSP is the main policy driver for strategic priorities on dietary supplements within the agency,...
New York, NY—Hippeas has raised $50 million from The Craftory Limited, according to a press release. The financing consisted of direct investment and secondary purchases of shares from existing Hippeas shareholders, including CAVU Venture Partners. Elio Leoni Sceti, Co-Founder & Chief Crafter at The Craftory, stated in the press release:...
Paris, France—Algaia S.A. has announced the completion of a €2.2 investment round to fuel its double-digit growth, according to a press release. Also fueling that growth: A new range of seaweed-based texturing solutions named VegAlg, designed to help the shape, structure, and juiciness of plant-based burgers. Over the past three...
Los Angeles, CA—Califia Farms has completed “one of the largest private capital raisings within the natural foods sector,” according to a press release, through a $225 million Series D financing led by the Qatar Investment Authority (QIA). Other investors in the financing include Singapore-based Temasek, Canada-based Claridge, Hong Kong-based Green...
Devens, MA—Little Leaf Farms, a packaged lettuce brand based on the east coast, has received over $18 million in financing from Bank of America with another $20 million incoming to help the company grow, according to a press release. [caption id="attachment_70448" align="alignright" width="248"] Image courtesy of Little Leaf Farms.[/caption] Little...
HAMILTON, NJ — Bayir Group, the parent company of the new North American division Bayir, Inc., recently announced two rounds of B Series Funding, totaling $2.45 million to be allocated for future expansion. Bayir Group anticipates an additional $1.42 million in funding in the near future for capital growth. “Bayir Group’s...
