Boulder, CO—Purely Elizabeth has closed a $50m Series B financing round, led by the SEMCAP Food & Nutrition Division, which was joined by Swander Pace Capital and Fresh Del Monte. Over the last five years, Purely Elizabeth has grown with a 55% CAGR. The company has nearly doubled its retailer...
A green Mediterranean diet may help slow age-related brain atrophy, according to a new study published in The American Journal of Clinical Nutrition. The DIRECT PLUS 18-month-long randomized control trial included 284 participants, who were divided into three groups according to diet: a healthy dietary guidelines group, a Mediterranean diet...
Monterey, CA—Organic fresh produce grew sales by 5.5% in 2021, topping $9 billion for the first time and outpacing conventionally grown produce in year-over-year gains in both sales and volume. That’s according to the 2021 Organic Produce Performance Report, released by Organic Produce Network and Category Partners. The report notes...
Oakland, CA—Olipop has completed its $30 million Series B funding round led by Monogram Capital Partners with celebrity investors Camila Cabello, Priyanka Chopra Jonas, Nick Jonas, Joe Jonas, Kevin Jonas, Mindy Kaling, Logic, and Gwyneth Paltrow, according to a press release. Also contributing to the funding round: Raj and Indra...
A three-year collaboration between FrieslandCampina and Danone has led to a 17% reduction in greenhouse gas (GHG) emissions, according to a press release. The reduction was accomplished mostly by FrieslandCampina’s dairy farmers implementing sustainable farming practices and green energy projects for the ingredients provided to Danone. FrieslandCampina used the Annual...
Auburn, WA—The Gluten Intolerance Group (GIG) has announced its dates and locations for its 2022 Generation GF summer camp. GIG is a nonprofit organization, providing resources and support to individuals who live gluten-free lifestyles. It is now accepting applications for camp scholarships, funded by contributions from GIG's Gluten-Free Certification Organization...
Arlington, VA—FMI and NielsenIQ have released the Transparency in an Evolving Omnichannel World report, which found continued high demand among consumers for transparency from food retailers and manufacturers: 64% of shoppers said they would switch from a brand they usually buy to another brand that provides more in-depth product information,...
Chicago, IL, and Vancouver, BC—The Planting Hope Company has acquired RightRice from Betterer Foods in an all-cash $7m transaction, according to a press release. RightRice is a shelf-stable product composed of 90% vegetables, including lentils, chickpeas, green peas, and rice, offering 10g of complete protein and 5g fiber per serving.
Carlsbad, CA—Mamma Chia has partnered with Gestalt Brand Lab for a rebrand, refreshing the Mamma Chia ‘Goddess’ icon, updating the company color palette, and developing all-new packaging for all products, according to a press release. All Mamma Chia offerings are now aligned under a master design aesthetic, created to reflect...
Trü Frü, makers of frozen chocolate fruit snacks, recently earned some yearly accolades for their products, according to a press release. In the 2021 Sweets and Snacks' Most Innovative New Products, the company received first place finishes under the Sweet Snack and Gourmet/Premium Candy categories. This is the second year...
RSS
